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 The business situation ........................................... .

Further production ~a in ....................................... . Consumer buyin~ continues high .............................. . Report on 1940 profits •......................•...................

SPECIAL ARTICLES

Recent price developments ....................................... . The American shipping situation ................................. .

CHARTS

Figure I.-Monthly business indicators, 1936-41 ................... . Fi~ure 2.-Indexes of the value of manufacturers' new orders, ship-

ments, and inventories, 1929-41 ................................ . Figure 3.-Index of production of nonferrous metals and products,

adjusted for seasonal variations, 1936-41 ........................ . Figure 4.-Index of total freight-car loadings, adjusted for seasonal

variations, 1936-41 ............................................. . FiAure 5.-Indexes of selected consumer purchases, adjusted for

seasonal variations, 1938-41. .................................... . Figure 6.-Quarterly profits of large industrial corporations, 1934-40.

Page 3 4 6 6

8 13

2

3

4

4

6 7

Figure 7.-Indexes of cost of living, 1939-41 ....................... . Fi~ure 8.-Weekly indexes of wholesale prices, January 2, 1937-

March 22, 1941. ...........................................•....• 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 .................................................•

Figure 10.-Indexes of daily spot market prices, August 31, 1939-March 27, 1941. ................................................ .

Fi~ure 11.-Total exports to and g,eneral imports from non-European areas, 1939-41 ............................................•......

FiAure 12.-American owned (Aovernment and private) steam and 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-December 31, 1940 ........................................... ..

STATISTICAL DATA New or revised series:

Table 14.-Exports by grand divisions and countries, economic

Page 8

9

10

11

13

14

classes, and commodities-revised statistics for 1939............ 17 Table 15.-Imports by ~rand divisions and countries, economic

classes, and commodities-revised statistics for 1939.......... 18 Monthly business statistics....................................... 19 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.

:~oztiOI-41--I

Foreign subscriptions, S3.50. Price of the 1940 Supplement is 40 cenu. Make remittances only to Superintendent of Documents, Washington, D. C.

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 200 ---~~-- ---~-~-~---~

I

i:: ~:: ee~ ,oolc . ---~~

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

12 0 f-----+----~--1 ~--_J__ ______ : -----j'E---

_;.. EMPLOYMENT t

I (ADJUSTED)

3- MONTH ~~OV!NG AVER~GE)

I 00 1---;;t!""--d--?----\-\'-1

-- 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 BusiNESS activity eoutimwcl to move ahead in March under the forced draft providPd by the <lPfense program. Notwithstanding the growing tightnPss of supply in many sec.tors of the <>eonomy, the rat<• of (•xpansion was substantial, eonsi<lPring Uw hi1-d1 kvPl of o1wmtions aln•ady attained in rect'nt months. ln­du:;;trin1 output again ttdvnnecd to a new all-time high, with growing output in ddense industri<'S nmking n signifinant coutribu tion to tho ris<~. Const nwtion nc­tivity also inen•ased under impetus from lwa\-y plant nud n·sidential building dPmand. ElPct ri(~ powPr ou L­pu t nlld freight loadings were higher on an adj nsted lmsis, rdlPeting industrial gains nnd, in ilw cmse of ear­loadings, an unusually hug<' mov<'mt•nt of coal arHl on•. Hdail trad(~ reports itHliented the mniutenaiH".e of exee<>.dingly favontblc stth•s nJlUlll('S, a.lthough lwavy ineonw-tax payment.s appan'ntly limit,e(l tlH' month's ga.tns.

No devdopmt•nt of the month eontainnd more far­reaching implications for business thnn passage of the LPaso-Leml Act, which inereas<'d rkf<'nso appropriations nnd contract authorizations thus far madn in fisenl y<>ru· Hl41 to $29,000,000,000. With the addition of other hills pt>nding, mtd existing British ordt'rs, the ddt•nse program now nntieipate<l through fiscal .Y<'ar 1\)42 was announced to total morethau$40,000,000,000. Of course, such a sum may exec>ed what will n.ctually he Pxpended in this periml, for ability to spend rests upon the power to produce. N everthdess, output of defense material is moving up rapidly, March Army and Navy expenditure being about $728,000,000 as compared to $576,000,000 in February mul $153,-000,000 last June. \Vith the usc• of lend-lease funds, new construction of Governmc11t-owned manufacturing fneilities for defensn will lw expanded another :~8 per­cent 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 <lurnble goods, both producer and consumer, of upproxi­mittely $2,100,000,000 monthly.

Despite the fact that defense output in the present phase of the program is still relatively small, evi~

dence of increasing supply difficulties accumulated during the month. These were reflected in the sharpest increase in sensitive commodity prices since Septem­ber 1939 (discussed in the article on price develop­ments on page 8 of this issue) and in the broaden­ing of controls found necessary by defense authorities During March the complete allocation of aluminum

was mHl<'l"tak(~n; a priorities critieallist containing 218 ikms wns mack public; plans were formulated for ob­tnining information on innntories of various metals lwld by both producers nnd consumers; maximum prin·s \\'Nt• issued for aluminum and zinc scrap and renwlt; a UC\\' labor IU<'dintion board wtts established> nnd sjwcinl <liYisions of the Ofllce of Production ~Ianagc­nwnt, W<'I"P crpnted to organize adequate supplies of skillt'd labor nnrl to direet conservation, reclamation, and substitution of raw matPrials.

Heavier Shipments and Orders in February.

The tight supply position in many mnrkets was partly responsible for a co11tinued rise in the volume of JH'W orders plnc('(l with mnm1fneturcrs during Feb-

JANUARY 1939" 100 200

190

18 0 ~------- -

170

160

150

140 -----

130

120

110

NEW ORDERS / ( UFT SCALE:)

-- _,- --

DECEMBER 31, 1938" 100 150

• I !J

-· ,,, ..

145

-- 140

135

--- 130

.1:

t' ' I

115

---------~- -----110

105

90 --- --- ]_~-----~- 95

8o~·~~~~~~~~~~~~~~~~~LLLL~9o 1939 1940 1941

D.O. 4{-1/0

Fit,ture 2.-Indexes of the Value of Manufacturers' New Orders, Shipments, and Inventories, 1939-41 (U. S. Department of Commerce).

;"\: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 volume rcpresent.L'cl by the index nmnbers.

ruary, buyers seeking to assure delivery many months hence. Particularly was this true of machinery and iron and steel, both of which contributed heavily to 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 percent above that of a year ago.

Accompanying this further expansion of new orders was a sharp rise of about 7 percent in February ship­ments of manufactured goods. Part of the larger move­ment was seasonal, especially in such consumers' goods as textiles and foods. However, shipment of defense materials was also in much heavier volume as iron and steel and their products, transportation equipment (including aircraft and some ordnance material), and all types of machinery advanced. Despite this expan­sion, however, shipments failed to match incoming business for the tenth consecutive month and order backlogs of durable goods increased a further 11 percent.

250 (1935-39 = 100)

Figure 3.-Jndex of Production of Nonferrous Metals and Products, Adjusted for Seasonal Variations, 1936-41 (Board of Governors of the Federal Reserve System).

The heavier movement of goods took on adclecl meaning inasmuch as manufacturers' inventories show eel little increase. For some time, forward buying and expanding productive activity have bolstered ship­ments through inducing intrnmanufacturer deliveries of semifinished goods for inventory. Now, howenr, goods in general are moving into clistribution nml con­sumption channels on a substantially largpr scale.

The February accumulation of inventory by manu­fncturers was approximately $50,000,000, a consider­able 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 chiefly in such expanding indus tries as machinery, transport, equipment, and airrraft. In most other durables, inventories were unchanged, reflecting in some measure the increasing diffirulty in obtaining materials in excess of immediate production needs.

Further Production Gain.

The huge clt>mand now in existence was met by another increase in output during ~Jarch. IndustriPs directly concerned with ddensc production--machim'ry, aircraft, shipbuilding, and railroad equipment (which includes large ordnance activity)-have rcrently moved ahead rapidly with completion of new facilities and were primarily responsible for the February advance in the Federal Reserve's adjusted index to 141. Activity

in thl'se lines rose again during March, and though the usual seasonal increase in many other lines was not possible, expansion of output in the aggregate con­tinued a1; about the same rate as in the previous month.

In the mdal industries, wher~e' most gains arc limited to the introduction of new capacity, activity is expand­ing little. Sted output in ~Iareh was 7,146,000 tons, the largest in history, but a smaller advance than is usual. ,\ctivity climbed to a peak of 99.8 perecnt of capacity during the month, the highest operating rate since ~lay 1929. Output of most nonferrous metals also rose somewhat, but the increase on a daily-average basis was small. Substantial addition to aluminum producing plant, where the tightest supply situation is now to be found, is not expected until late in the 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 pro­duction usually declines very sharply. This gain con­tributed markedly to producing a weekly average of 76:3,580 freight loadings, 22 percent above a year ago, and the ht'f~Xiest for any like month sinre 1930. Though

Fi~ure 4.-lndex of Total Frei~ht Car Loadings, Adjusted for Seasonal Variations, !936-41 (Board of Governors of the Federal Reserve System).

movenwnt of industrial freight rose less than usual, it remained in large volume ns compared with other recent yE·nrs. Ore shipments were the heaviest on record fm ~lnrch, while coke loadings were the highest since the record-breaking totals of early 1926.

Advance in Construction.

Sustained by large contraet backlogs and heavy cur­rent awards, construction activity advanced with better weather conditions in March. Further improve­ment on a seasonally adjusted basis is expected over the next quarter, increasing private construction awards offsetting some recent decline in public contracts.

April 1941 SCRYEY OF Cl 'RRENT BUSINESS 5

In respect to public construction, the major part. of the cantonment program had been contracted for by the end of December, and awards for more than two­thirds of the $1,900,000,000 defense plant and equip­ment expansion had been made by 1larch. Contraets of the latter type a~ reported by tlw Office of Product ion .Management were reduced to $12S,OOO,OOO in FPbrll­ary from the $358,000,000 high of the previous month. However, a rPsumption of thP advance in this area is cxpeded soon, as the lend-lease appropriation includes $752,000,000 for manufacturing fncilitiPs and still more funds for shipyards will undoubtedly be forthcoming.

Ylemrwhile private awards, which now comprisr• about two-thirds of the total, havP bPen raised by in­Cl'('flSPd need for defense plant and an advancing de­mand for housing. Issuance of "certifiea tPs of neces­sity," which a.re sought bdorl' contracts arc let aggregated $:~51,000,000 in ?\/[arch, as compared with $298,000,000 in FPbruary ami $192,000,000 in tht' pre­C!~ding month.

In the residential construction ar<'a, contracts re­ported by the F. W. Dodge Corporation for 37 Statl's in Fr•bruary W('re $11G,OOO,OOO, 5f) JWrcent above a year ago nnd the lnrgest for any FPbruary sincP 192~1. and a further increase was evident in ?\lnreh. I\Iuch of the current activity is for privnte account, public resi­dential awards in February being only $2~3,000,000,

less than half of tlw monthly volume in the final qunrt<'r

of 1940 wlwn the cantonment program was expanding rapidly. Smaller Rise in Income and Employment.

Notwithstanding wide gains in business activity, the February increase in employment and income aft<•r ndjustment for seasonal influenct's was somewhat smaller than in other recent months. Civil nonagri­cultural employmrnt incTeased by 265,000 workers to n total of :36,!584,000. This representr•d a gain of 2,200,000 ont· February 1940, making nonagricultura.l employ­ment the largt•st on record for the month.

Though factory employment made the most sub­stantial nclvnnce in the aggregatl', its rise only slightly excet•cled the usual seasonal, a small increase in the adjusted index for durable goods rmployment eoun tcr­ing a decline in that for nondurables nncl raising the total iJHkx from 118.:3 to 118.4. Dd(•nsc industries seorecl the heaviest rise. Changes in other durable linr•s were less marked, and Pmployment was reducl'd in a few, including ngrieultural machinery, lumber, and bl1ilcling mn terials.

Construelion and trndc, fields kss hampered by cnpacity problems, experi<•JJc(•d eontraspasonal gains dming February. As indic·ntcd above, activity on Federal projPets was responsible for a major part of the expansion in thP construetion area, an unus1w1ly large n umlH'r of PmployPes hnving been engag('(l on 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-

1

loadings, value, ad- value' I .C ' justed 1 , an pay mcome i justed ' , adjusted 1 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

~ ~ ~ =~ a-s 1 1

I ~ 1: 00 ~ :1 ~~ , ~ · ~ 1

1

~ ~ o .~ S

l ~ i ~~ ~t I ;..,"' 'I ] l ~ 1

11 j ~ ~ ill f.] II 1 i ~~ ~ ~ i ~~ I i i : :s ·t i ~ .=. :::: ~ I :,Q I :: t :.= I .c - I ~ a. ~ I "'; I ~ .:: , = I' .. 1 ~ s 1 = 1 ~ I .=. s , = I = 1 s 1, l: a ~ & 1 =- , = , = =

I ' - I - ) = I s ::: ., : II .. ·- I : ' "' "' "' "' ' 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 11926 'ioo \ " - ! 2ii= 100 29=100 i . ' I : I =

~~m: ;~~,~u~;;~~~~-- ---~--:~zl! -g~-;·1·-~s~;l~~~~F-;o~~~~~-T~~~~~--~~~~~~-~~~-,1-~r~~TI ~;7~-~~~~~,;~.-~~--~;-ll;~r;~-- ~r·~ 1,--~;,~ 1932: February ...............

1 (\(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

1

>5. >6.:l 1933: February ............... 1 04.61 53.4

1

M.k] fl!i.O 41.4 ....... I 57 i1 551 69 [ 52 I 116 112 :;3.0 I 29 1 21l 19 52.7 1 .o9.8 1937: February_ .............. , 87.4 1 Sii. 4 87. I !OK. 4 ' .. 100. I 1 57. 5 . 79: [; 1l7 , 1 ll.9 109 I 821, GS \1!\ 1:l9 .• o 67 I 87

1 ~i 8\1,4 1 86. :l

IH38: February_________ 11

~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

73 74.2 ~ 7H.8

!Uil9: February...... 81l. 7 I! 84.1 I SUi 1 911.8 1 87. I , ii2 .. o ill. 0 I 101 1 i 101 ] 102 I 67 .'

1

96.0 , 63 49 77. I I 76.9

lll40

' i I i I I i I 1' I i : 62 92 ?5 8 I . : 74 75 101 3 I 7\1, 4 ~~~~~'iry... .. :::::: : ~3:~ ::. ~~:~I ~3:~ :gkg 1. gn: ~;::~ ~~:8 I m II m I' m I ~~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

1 62.5 81.5 1 Ill,] 110, 11\1 70 1 59 89 112.5 90 I lil 64 \17.6 78.6

: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

9H

27 ..

8o

11 77.7

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 ~~ 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· 1:12,,

1

J:l5l 117 83 '.1 62 I1

()(01

J 1 •. 1

12281

.. 66

I, 751 6\J Ill 105.fi i 79.fl lleeemb<'r 1 95.8:1 97,0 i 96.9 116.fl; 122.4 I 81Ul 8!i.5, 138 'I 142,

1

118 84!1

63 80! 79 115 123.:Jj RO.IJ 1941: " I I I I

January... . 1 96.6 97.8: 97.3 118.3 i 120.7. 74.5 8fl.5' 139 1i 14:;, 118 86 '1i fl:J 101 154.3 84 70, JO:l 111.0, 80.8

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 employment gains in February, the total adnmce was cut by reduced income from farm marketing-s, pnynwnts rising to an annual rate of $79,500,000,000. The pay­roll increase of 5 percent was largely responsible for the rise in the adjusted index of income paynwnts from 96.6 in .January to ~JG.8 in February. On the otlH•r hand, the adjusted index of cash income from farm marketings fell3 points to 83.5 in February. Howeyer, this dcclille is not significant. Withhohling of corn from Government lonn, which now is n.Yailable until Oetober (as contrasted with a time limit of April 1 last year), itml reduced marketing of tobacco, both contributed to a smaller crop income. Income from the marketing of livestock continued high. Livt>stock prices have advanced substantially since the year-end, averaging 27 percent above the first 3 months a year ago and 16 percent above the final quarter of 1940. This reflects expanding demand and a relatively fixed supply over the short period.

These varying movements in price and marketing of different commodities have about canceled each other in their influence on the aggregate fttrm income, the $1,383,000,000 (including Government pnyments) for the first 2 months this year equaling the $1,386,000,000 realized in the same period of 1940. Over the next year increased foreign drmnncl is expected to enhance farm income, the result of a lend-lease appropriation of $1,350,000,000 for "agricultural, industrial, and other commodities." British agricultural needs appear to be greatest for meats, dairy products, and certain feeds; grains being in more adequate supply on the wbole.

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 meas­ured on a seasonally adjusted basis. At thnt time, tlw adjusted index of departnwnt-storc snlt•s ndnmce<l to 102, and stood 1-i percent nboyn the like month in 1940. Similarly, rural meiTltandis<' stores and Yariety ston•s reported incn•ns<•d 8al<•s yolumPs on•r the year pre\Tious of 1-i pere<'Jlt and 10 p<'n·<·nt, n'SJH'din•l.'T­Ilf'W records in rach instanc<'.

Through ).larch 2(j, $1,200,000,000 wns rrePind hy the Treasury in income taxes. <1 bout, thrceT.foud !Js more thnn was paid last year or in J 9:n. Such a lnq,:;P sum, which probably inel uded pnyrnen ts by close to S million individuals, undoubtedly hncl some efrnct on sniPs volumes. Nevertheless, purchases n•nmi11Pd Yery hi§.!:lt, und notwithstanding indusion of tlw En.ster season last

year in tlw month of March, department-store sales in the 4 ,,·eekB ending March 22 were 2 percent above those in the like period a year ago, about equal to the February level after adjustment for seasonal influence.

Tlwuc;h purchases have been heavy in almost all lin<'s, n~: is usually tlw ease in times of rising income, salPs of :lurables have expandt>cl more than nondurables. Automobilt• dealers sold approximately 420,000 ne\v units in February, n record for tlw month, and business in ).larch continued in the same goocl volume. Buying

1935 -2;9 = I 00 300

ELECTRIC REFRIGERATOR SALES ( DOMESTIC HOUSEHOLD)

250

200

150

100

50

OWJ.~~kW~~~~~LU~~~~Lu~~~~

200 GROCERY CHAIN-STORE SALES

150 f----·

.... ~ 100

50 I I I I '

2oor-·------------------------------,--------, APPAREL CHAIN- STORE SALES

0.0. 4/•1!3

Fi~tuc 5.-~ndcxes of Selected Consumer Purchases, Adjusted for Seasonal Variations, 1938-41.

of houselloU furnishings has also been large, an illus­tration of which is g-iven in figure 5, showing the srason­ally n<ljustPd movement of refrigerator sales. Shown also nrc :ml('s of chain apparel shops and chain grocery ston•s, "·hieh luwe bec•n advancing less rapidly, but \Yen• 12 pereNJt and 10 percent, respectively, higher in February than a year a,go. Report on 1940 Profits.

Hecorcl business in 1940 produced a large advance in profits, despite a substantial increase in taxes. Avail­able retuns from corporations in all industries, with adjustmmts include estimates for small a.s well as

April 1 !l41 SURVEY OF CURRENT BUSINESS 7

large corporations, indicate that earnings rose about :32 perc('nt over those of 1939 to the highest total since 1929. The largest gains relative to 1939 were achieved in the first three quarters. Notwithstanding a higher level of activity, fourth-quarter results only approxi­mated the comparatively high totals in the final months of 1939, primarily because of increased taxes and speeial reserves set up by some companies.

Since a substantial part of railroad costs remain fixed, rising business brought the largest proportional gain to that industry. Railway net income rose 101 pNcent from $95,000,000 in 1939 to $191,000,000 in 1940. Power and gas corporations, experieneing a more moderate rise in activity, increased earnings about 3 percent. The bulk of the corporate advance was contributed by the manufacturing and miuing indus­tries, with net profit increases of about 27 percent.

The profit record of leading industrial corporations is charted in figure 6. Ean~ings generally rceeded in the forepart of the year, then failed to turn up with industrial activity in the third quarter when provision was made for increased taxes retroactive to the first two quarters. However, returns mounted sharply in October--December to approximate the high level of the fourth 1939 quarter. It should be kept in mind that earnings of leading corporations are not representative of returns of all industrial corporations. The two differ as to the relative importance of various indus­tries 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, pro­ducers of durable goods reported the heaviest increase in net income during 1940. Iron and steel earnings, for example, nearly doubled, and machinery companies had un advance of more than 50 percent. Other sizable gains occurred in nircraft, electrical equipment, rnilwny equipment, nonferrous metals, lumber, agri­cultural implements, automobiles and accessories, and honsPhold furnishings. "'ith t.he notable exceptions of textiks and paper products the nondurable industries made less striking increases, nnd some showed lower earnings than in 1 n:3n.

MILLION DOLLARS 500

200 AUTOMOBILES AND

I 50-------~--

100 -~-~-~

_ _! '

0~~~--~--+---~~~------~--~--1

-50LL~~~~LL~~~_LLL~~~-LLLLL~~~

15o.-------------~----------~---,---,---­

IRON AND STEEL I 00 ___ L _____ :

50 __ __l ___ j_ I I I

50

o~~~~~uU~~LL~~~~~~u_u

I 00 fOODS, BEVERAGES, CONFECTIONERY AND TOB(<CCO (36 COMPANI~S) 5o ----j-~--+--.:;;.;;.;.,-~--r-- ' · ·:, t

I 0 " I I 1934- 1935 1936 1937 1938 1939 194-0 194-1 1942

{):) ~0- 606

Fi}tun• b--Ouartcrly Profits of Lar}te Industrial Corporations, 1934-40 (Board of Governors of the Federal Reserve System).

:\oTE.-Thc enmpnnies inclu<lr<l in these serips ure, for tlw most part, large com· panics in t ht' durahl<'-iWfJds indust.ries, consequently the Sl•ries arc not representative of small corporations.

8 Sl'RVEY OF Cl'HRE~T Bl"Sl:l\ESS April 1 \l41

Recent Price Developments By Ralph C. Wood, Division of Business Review

CONTINuiNG a trend that began last August, many commodity prices moved upward during the

first quarter of this year. Although large increases owr last fall have been mainly confined to basic commodities, advances among processed and fabricatt•d goods were increasingly numerous and in many instances substan­tial. Prices of all commodities other than farm products and foods, as reported by the FnitNl States Bureau of Labor Statistics, were only 4 percent higher by tlw end of 1farch than in mid-August of last year, but pric0s of many commodities, especially those affeded by the procurement needs of the armed forces, were high<'!" hy a much wider margin.

Wholesale lumber prices generally were about 20 percent higher, woolen and worsted goods 12 percent, cotton goods 23 percent, leather about 7 percent; and prices of a number of specific items among these gronps were up in a much greater degree. \Vith some excep­tions, such as the specific lumber prices that adnmct>d most sharply last fall and that have declined to some extent, the tendency among these prict>s sinc0 the first of the year has been to hold th0ir large increases of pre­ceding months or to continue upward. Among food prices at wholesale, meats were higher by about 10 percent.

Notable advances have occurred recently in many other lines, including clothing, furniture, housefurnish­ings, refrigerators, kitchen utensils and small appliances, hardware, and office supplies. Discounts and other concessions formerly available have been rpduced or 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 since last fall. This movenwnt was more than offst>t in January and Ft>bruary by cut-price sales of wonwn's wear, so the clothing compmwnt of the cost-of-living index for goods purchased by wage earners and lower­salaried workers fell slightly in those months. (See fig. 7.)

Nevertheless, because of increases in practically all other items the combim•cl cost-of-living index ndvanced slightly in F0brunry. This gain was particularly note­worthy among food prices, beef prices declining som\'­what but pork advancing sharply. A seasonal drop in egg prices also occurred, but pric0s of most other foods increased. Notwithstanding a definitt'ly upward tend­ency, the 2-percc'nt risP in the cost of living from

.Tune 19:39 to February 1940, although substantial for this indicator, was small in comparison, for example, with the aclnnce of almost 7 percent from April 1936 to September 1937. Though living costs were higher in February than at any time since the middle of 1938, they s1ill were about 3.5 percent below September 1937.

Considering the pace of industrial activity and cmTt'nt emphasis on spec'd in production and delivery, th0 rise of wholesale commodity prices has also lwc'n, in general, moderat0. (In considering individual prices.

JUNE :5, 1939 = 100 106

ALL ITEMS

104

102

98w_~~LL~~LL~~~

106 ,.--------~-----,..--,

98~~~~~LL~~LLW I06r-----------------,..-,

JUNE 15, 1939 = 100

I 106

~----+----------+~100

L-~-~~~~~~~·~~~· w98

06

I I

RENT

!---~-T

I

I I

--L

04

I I _l. I 02

j_ I I ,[",.,! HOUSE FURNISHINGS

I 00

98

106

00 41•106

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 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 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 !'eparatel:. in this chart.

ho"·cyer, it should be remembered that a. great reduc­tion of oYerhead costs per unit of output has occmTecl in many industries where output has risen to capacity or nenr-en.pacity levels.) At the end of March the "all commodity" index wn.s still 7 percent below the highest point rPached in 1937. Even the index for commodities otlwr than farm products and foods, which excludes the grm1ps that fell furthest from 1937 to 1939, had not 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 rapid rate except for particular prices or groups of prices, especially imported raw materials and certain finished items in heavy demand by the Army and Navy.

It should, none the less, be stressed that the over-all tendency is an upward movement, and that price in­creases are appearing more and more frequently. Quoted prices fail to reflect the full extent of these increases, not only because of the elimination of various priec concessions but also because of premium payments for quick delivery. The extent of these practices is not known, but they are probably common in cases where operations would have to be stopped or st>riously cur­tailed if supplies of an essential item were not obtained.

1926. 100 100

1940 1941 D.O. 41~107

Fi)4ure 8.-Weekly Indexes of Wholesale Prices, January 2, 1937-March 22, 1941 (U. S. Department of Labor).

The Character of the Price Rise to Date.

The net movement of commodity prices since the war broke out in sl~ptc>mber 19:)9 has not lwen that of a roughly proportionate rise in nll prices, but rather a lifting of those sensitive prices which in the 2-yenr period immediatdy pn·ceding the outbn•ak of war had been depressed most. Since many quoted pric<'S fdl relativdy little or not at all in this period, and have changed but slightly since August 19:39, the tendency of tlw priec' inen•ascs since the latter elate has lwen to reduee tlw dispersion of prices that resulted from their relative mov<'ml'nts aftn· the middle of 19:37. This tenclPncy is rdiected in a somewhat greatc•r rclativ<' rise in prie('S of raw matt-rials than in those of manu­faetur<'d goods, as Pvicknced in figure 8, both for the 1wt monmPnt since August 19:39 and for the pC'riod of sustained increase since August 1940. Figure 9, in which are shown the net changes in the prices of repre­sentative individual commmlities bc'tWC'en S<'lc•etl>d W<'eks in 19~37 and 1989, and 19~)9 and 1941, provides m1 <'V<'n better indication of this tendency. For cx­tunpk, this figure shows that the• priee of No. 3 yellow corn dropped about 68 percent from the WC'ek of :\fay 8, 19:H, to tlw WC'ek of August 19, 19:39. From the latter

:l02601--4l-2

date to tlw reeent week of March 15 the price rose 43 percent, this general movement being typical of most agricultural items and of a small number of basic industrial materials. On the othPr hand, prices of finished steel, cement, plate glass, and sulfuric acid, which ehanged not at all or only in comparatively slight degree in the first period, likewise ndvanced little or not at all after the outbreak of war.

Price' behavior of the type demonstrated is nothing new. It is the rule rather than the exception for prices of raw materials to fiuctuate more widely tlum those of sc•mimanufactmed goods, and for the latter to fluctuate more than prie<'S of manufactured goods. The fact should be strpssed, moreovc•r, that the price advance which has occurred is one that is not unexpected, given partially unutilized resources at the outset, tending to 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 Ad­visory Commission, which is charged with the task of preventing unnecessary or unjustified price increases, has had some suceess in this direction. In instances where the demand is obviously greater than the supply likely to be available in the near term, attempts have been made to control the price while the basic shortage of supply is being corrected. Howeyer, the activities of the Price Stabilization Division have been largely eonfinecl to the situations that haYe been most acute, and the net result of all the influences at ·work has been a tendency toward at least a slight strengthening of prices oyer a wide area of the economy.

Basic Commodity Prices.

The familiarly sensitive priees of leading basie com­modities have experienced the most substantial rise for any diverse group. Over the 7 months from August 19 to the end of Mareh the Bureau of Labor Statistics' basic eommodity price index scored a net increase of 28 percent. (See fig. 10.) Although the import com­ponent of this index rose more than the domestic, with almost half its advance of 37 percent occurring after the middle of February, the domestic items in the index rose about 22 percent on the average.

The faet that all import prices in the index were significantly and in most cases substantially higher in the latter part of March than in mid-August of last year suggests the importance of such general factors as increased consumption, forward buying and higher shipping rates. As shown in an article on page 13 of

10 SUHVEY OF CUIU\E~T Bl'SI~ESS April 19-!l

this issue, the shipping situation has become increas­ingly tight, with a number of increases in cargo rates and further increases expected after April 1. For ex­ample, the rate on freight space from the north side of Cuba for April shipment of raw sugar moved up from 40 to 45 and in some eases 50 cents per 100 pounds during the latter part of :March, compared ,,-ith 25 to 30 cents earlier this year. Despite a quota increase of about 3~~ percent announced on March 19, both raw and refined prices held in the next few days and ad­vanced subsequently. The rise in freight ratr nlone does not account for the full extent of the increase in raw or refined sugar prices, but the upward trend in transportation charges, as well as fear of interrupted shipments, has led to heavy forward buying by refiners and large consuming interests, and this in turn has exerted pressure on prices. Similar conditions havr operated in the markets for other import commodities.

Among the domestic items included in the Bureau of Labor Statistics' index of basic commodity prices, cotton print cloth scored one of the largest relatin increases, and domestic nonferrous metals and some steel scrap quotations were up by 10 pE~rcent or more over last August. Agricultural prices have advanced substantially, the daily index being nearly 20 percent higher at the end of March than in mid-August. Wheat at Kansas City rose over 30 percent from mid-August to mid-November, but declined in January. On the

0

PERCENTAGE CHANGE +20

__ _, ······· SULF'URIC ACID, 66o

~~~~~~~~~~~~~~··· Q ··PLATE GLASS ... - PORTLANO CEMENT

···BYPRODUCT COKE ··-·--· STEEL RAILS ··- ...•. STRUCTURAL STEEL

. PIG IRON

other hand, livestock prices advanced sharply in December and ,January, especially \Vith a decline of hog marketings in the latter month. Prices of all leading agriculwrnl commodities moved up again during :March under the influence of a number of factors. Raw cotton prices reflected the new record levels of mill consumption of raw cotton, while \vheat prices ad­vanced with announeement of an 8-pereent decline (as compmed with last year) in spring \vheat acreage intended for planting, proposed reductions in next srason's winter wheat acreage, and expectations of an increased loan on this season's crop. Cotton also advanc.xl further on news of proposals for a higher loan, and cottonseed oil prices late in l\Iarch were at their high(~st levels in several years. For many com­modities, including foodstuffs, passage of the Lease-Lend Act stimulated the prospects for foreign sales as \Yell as the outlook for domestic consumption.

Except for some increase in lead, prices of the basic domestic nonferrous metals refined from new ore have been unchanged since the end of September. The problem of nonferrous metal prices has centered around the secondary markets-scrap materials and refined output from scrap. For months the demand for all these metals has been such that primary producers have been unable to supply buyers with all they would take at the stable prices that have been maintained, hence buying pressure has been transferred ·to the secondary

PERCENTAGE CHANGE + 80 -WOOD PULP, KRAFT NO. 1, vvM.

- YELLOW PINE, NO. 2 COMMON ----- ·TURPENTINE

···-- ... WOOL, DOMESTIC, TERRITORY

--- · 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

~ j-60"""., "'"'

~ , .. ., ""~ L---~------------------~~~~J-80 MAY 8, 1937 AUG. 19, 1939

---- -BONE BLACK ····--·-COTTON, MIDDLING

---i~~pJ~~ ELECTROLYTIC

. ·-.BYPRODUCT COKE

Q ~:::,_==·~============1 Q- ~r:¥~T~~~8STEEL \

STEEL RAILS

AUG. 19, 1939 --------------------~.-20

MARCH 15, 1941 D.O.<fl~ll<f

SULFURIC ACID, 66"

PORTLAND CEMENT

Fi!!,ure 9.-Percenta!!,e Chan!!,es in Wholesale Prices of Selected Commodities, May 8, 1937-Au!!,ust 19, 1939, and August 19, 1939-March 15, 1941.

NOTK--Comput<·d from data rompikd IJy the C. S. Departnwnt of Labor.

April 1941 SURVEY OF CURRENT BUSINESS 11

markets with resulting price increases and speculative holding of supplies. The size of these markets~{ hat is, the large number of sellers of scrap metul~rcnders the problem of controlling speculation difficult. Con­ditions during the first quarter of this yf'ar wt>re such that not only the prices of metal refined from scrap but, in some instances, the prices of scrap itself (mainly the better grades) were above the refined prices of primary producers. A series of warnings by the Price Stabilization Division of the Defense Commission to scrap-metal deakrs was followt'd on .March 23 by an

AUGUST 1939, 100 140

130 ~----~~-+~~~~~~~~~~+~--/-~~~[

28 BASIC COMMODITIES /

IOO~L------+--------------------~--------_,

lsor--------r---------------------,---------,

/II IMPORT COMMODITIES

130 l----f-4oL\--f--t-\ ~~~-f~-f

120 :\ ___ ;\; ---· ---

110 _ -~·-····_·-._./r~:~~~i'·\ ___ --~ 1''-~~t-------1 /'" ••• :

17 DOMESTIC COMMODIT;;;, \; :

100~~-----r--------------------~--------~

90 LA~S~O~N~OLJ~'~,~'uM~'.AL'M~,J~J~A~S~O~N~O~J~~M~Ar.M~J 1939 1940 1941

0 0 41-108

Figure 10.-Indexes of Daily Spot Market Prices, AuAust 31, 1939-March 27, 1941 (U. S. Department of Labor).

NOTE.··-Daily figures August 1939=100. Data plotted are for Thursday each week, unless a holiday falls on this da)·, in which case Wcdnl'sday prices arc plotted.

order setting maximum prices for scrap aluminum nud secondary aluminum ingots, and on :March 31 by a similar order covering the secondary zinc markets. Both orders allowed a brief period for deliveries of secondary metal at priees higher than those stipulated in the new schedules, provided such deliveries were under tho terms of eontraets entered into prior to the date of the Defense Commission order, and provided such deliveries were made or aecepted to enable the sPller to avoid loss.

·with respeet to basie commodity prices other than those of primary produeers of domest.ie nonferrous

metals the pieture is therefore one of substantial and sustained advance over a period of more than 7 months. Not only the fact that the index of basic commodity prices has smpassed the peak reached in September 1939, but also the fact that the recent movement has persisted for so long a time (in contrast with the sudden rise when war broke out), is significant to the outlook for commodity prices gl'nerally. Although industrial purchasNs of basie materials may in many instances still have on hand supplies purchased prior to the eurrent advane<> in sensitive prices, prices of processed and fabricated artieles are likely to rofleet increasingly the fact that sueh supplies ean usually be replenished only at the higher levels now prevailing.

Other Commodity Prices.

As noted above, the prices of goods other than basic materials have not been immune to the pressures oper­ating 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 prices, especially in tho semimanufactured group, are almost as Yolu.tile as those of raw commodities, either because raw materials tlwmselves constitute an impor­tant 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 fabricated commodities whose prices have advaneed most since last August. These include lumber, wool goods~uniform cloth, blnnkets, soeks, gloves~leather goods, selected cotton goods. lncreas('S in individual lumber prices rangt>cl up to 50 percent in such cases as that of Southern Pine, yellow, No. 2 common boards, quotations on which averaged $21.86 pt>r thousand board ft'i't in July nnd $33.01 in November, dropping to $31.77, how<on'r, at tho l'lld of 1\fareh. In many casl's, pnrtieularly on theN o. 3 grade, thn prict>s netually pnid in the pPnk buying PE'riod inelud<'d substantial premiums on'r the quoted price. Despite recent de­elincs in pri<'cs of low-grade constmetion lumber the BurPau of Lahor Statistics' index of lnmbt'l' prices dropped only 2 percent from the e11d of December to thl' end of ~Inreh, owing to ree<'nt increases for many items that did not share the risl' last fall. Thus the f. o. b. mill valtll' of Soutl1ern bnnlwoods, No. 2 com­mon and lwtter, rose from $3iL28 per thousand board fe<'t in Nov<·mlwr to $3:j.48 in February.

Early in August the priee paid for 452,000 pairs of Army serviee shoes purchased from one company was $2.48 per pair, \vhich wns within a few cents of the lowest bids on announced requirements up to that point in l 940. Later thnt month orclt'l's W!'re plneed for 1,000,000 pnirs at, an average priee of $2.49. Further purchase of 2,397,000 pairs was mnde in Oetobcr on a negotiated contract basis with an a.verngn price of $2.83,

12 SURVEY OF CURRENT BUSINESS April 1941

and, in December, orders for 1,840,000 pairs, based on competitive bidding, brought an average price of $3.32-an increase of 34 percent over the price paid at the be­ginning of August.

Total Army service-shoe purchasing of more than 7,000,000 pairs since last May (including 1,827,000 pairs purchased in February) comprised less than 2 percent of total shoe production in 1940 and only about 7 percent of the production of men's work and dress shoes. Factors in the price rise from ,July to De<:>ember included advancing hide prices and some temporary scarcity of tanned leather of a grade that would meet Army spe.cifications. With inereased hide imports beginning late last yen.r, and with reduced exports of sole leather in January, hide prices dropped. Never­theless, about $3.31 per pair was paid for serviee shoes in February, or roughly only 1 cent less per pair than in Deeember. Civilian-shoe prices have recently shown strengthening tendencies, whereas cost increases lnst fall were offset to some extent in quality changes with little change in price.

Raw-wool, wool-tops, and finished wool-cloth prices have all advanced considerably since June of last year, when the program of heavy Army buying begnn. Domestic raw-wool prices rose about 20 pereent last fall and have weakened only slightly since November when permission for manufacturers to use some foreign wools in meeting procurement orders was grnnted. The rise in prices of ·wool tops wa.s more specta<:>ular (about 35 per<:>ent from early ,June to late October, with further advances in the first 2 months of this year), owing to limited wool-combing capacity. Pri<:>es on fall lines of woolen goods \Vere advanced sharply early this year, and there is some evidence that less tlwn half these increases could be explained. on the basis of higher raw-wool prices. :Moreover, average hourly earnings in the woolen and worsted industry rose but 2 per<:>ent between August and January. Advancing cloth pri<:>es and wage increases now going into efl'ect among both fabric. and apparel companies will contribute to indi­cated retail-price increases of $1.50 to $5 on men\l fall suits.

The rise of 23 percent in priees of all types of cotton goods since last August has already been noted. Ac­cording to the U. S. Department of Agriculture, the average margin between the wholesale prices of 17 cloth construetions and the cost of eotton used (with an allowance for waste in manufadure and noncotton <:>on-

tent. of the cloth) rose 40 percent between August last and February of this year. During the same period the ratt' of cotton consumption inereased 33 percent, and average hourly earnings rose only 2 pereent. For most cotton-textile eonstructions, in contrast with the situation in wool, the volume of Government buying did not contribute greatly to the rise of prices.

In many cases the quick-delivery periods speeified on Government orders, rather than cost in<:>reases, were said to be responsible for the upswing in priees. Jn view of the faet that substantial quantities of goods necessary in the initial stages of the military training program have alrendy been obtained, and in view also of increased <:>oorclina tion of procurement, some price reduction in this area might logically be expeeted. Despite the justification for declines in some pri<:>es, however, the rapid acceleration of consumer buying i.s not <:>onducive to changes in this direction.

Although the Iron Age composite priee of finished steel is still only 1 percent higher than in August 1939, efi'edive priees arc higher to the extent that discounts and other concessions available to steel consumers in slnek periods have been removed. Automobile prices were aclvan<:>ed about 5 pereent last fall, but with minor exceptions have remained unchanged at the new levels. Priees of concrete building blocks rose about 16 percent from last August to late ~larch. Paint and paint material prices rose only 4 percent, although turpentine increased much more sharply. Some chem­ical prices, notably those of essential oils and botanieal drugs obtained chiefly from Continental Europe, have <:>ontinued to aclvanee. Scattered increases in the pri<:>es of other commodities, such as <:>oke and paperboard, have also) occurred.

Despite the number of commodity prices that have already advanced, there has not been the substantial rise in practi<:>ally all prices that would result if the flow of total expenditures \\·ere materially to excec>cl the total volume' of goods available at eurrent prices. The present :tpproach to price problems is largely that of individual rather than general price control. Bc<:>ause of the tmclen<:>y for inrlivirlual price inereases to <:>om­municate thcmsdn•s to other prices, and the tenclen<:>y for price increases to stimulate demands for wage increases, successful control of inrlividual prices obvi­ously contributes to the avoidance of conditions under which general price control might become necessary.

April 1941 SURVEY OF CURRENT BUSINESS 13

The American Shipping Situation By Warren Wilhelm, Division of Business Review '

I MPORTERS have experienced growing diffirulty during recent weeks in obtaining shipping spaee for

movement of goods into the United States. A~enries in Washington responsible for stockpiling of strntegic nnd critical materials have had some trouble in promptly moving chrome, rubber, tungsten, eopper, and other materials, while industrial consum0rs of wool, rubber, hides, sugar, and many other commoditit>s have experi­enced similar concern. As yet these clifficultiPs hav<' not bc<'n serious in the sense that shipmc·nts have been completely interrupted; nevertheless, all the cargo space required has not been aYnilable.

MILLIONS OF DOLLARS 300

200-------

100

50

1939

- ----+-----------

0.0 41-109

Figure H.-Total Exports to and General Imports From Non-European Areas, 1'139-41 (U. S. Department of Commerce).

Some indication that the increase in the demand for shipping facilities has exceeded expansion of the supply, is offered by an advance since the war in both time­charter and cargo freight rates. During August 1939, vessels could be chartered in areas outside of what now is the war zone for a monthly rate of $1 to $1.75 per ton. Today shipowners nrc obtaining as high as $7 and $8.25 a ton and the Maritime Commission is mov­ing to stabilize rates. Cargo freight rates have also risen substantially, as shown in table 1, even though some of this rise is associated with increased costs. For example, fuel costs in general have advanced; war risk insurance is being carried on almost all vessels operating in other than coastal and nearby foreign waters; and payment of war risk bonuses has been added to higher wage rates for labor. Regardless of these increased costs, howeYer, the expanding demand for shipping space furnished the major impetus for the rising level of freight rates. Growth of Imports and Change in Shipping Supply.

The increasingly tight position of shipping has been the result of both demand and supply developments.

1 Assistance in the preparation of this article was received from Albert E. Sanderson, Transportation Division of the Bureau of Foreign and Domestic Commerce, and from the United States Maritime Commission.

Consider the demand first. Imports into the United Statt1s are currently in the heaviest volume since early 1937. Moreover, a significant shift has occurred in the souree and nature of our import trade. Today the Mt1diterranean region and most of the continent of Europe are closed to the United States and im­ports from the United Kingdom have <leclined, amount­ing to only $33,900,000, or about .5 percent of the total, in the final quarter of 1940. Since the middle of 1939, the flow of goods from non-European areas has grown more than 50 percent, a fact shown clearly in figure 1. Exports to these areas have also expandedr but to a lesspr degree, being smaller than imports in recent months. Finally, of consi<lerable significance has been the change which has occurred in the make-up of our aggregate import total. In genera.l, the pro­portion of total imports represented by the inward flow of bulky crude materials has increased, while that of finished goods has declined. Expansion of industrial activity and the stoekpiling of strategic materials by the Government are eurrently bringing heavier supplie.s of crude materials into the country than ttt any otlwr time since the twenties. These products generally rpquire more shipping space than finished goods.

Table 1.-Employment of American Steam and Motor Mer­chant Vessels of 1,000 Gross Tons and Over in the Quarters Ended June 30, 1939 and Dec. 31, 1940 I

[Iu gross tons]

Laid-up vessels, totaL ________ _ Government ownership ____ _ Privatl' ownership _____ _

Activp in trade, totaL __ . __ _ Foreign trade, totaL ______ _

Europe __________________ _ Oril'llt, Far East, and India Australasia ______________ _ Africa __ _ South America _____ _ Nearhy foreign s _________ _ Foreign trading forpign 4 __

Around the world __ Coastwise trade, totaL_

Intercoastal ____ _ _ _ _ Other than intercoastaL_

Special service s_ .. _____ . __ _ Governnwnt service 6 _________ _

Merchant fleet, grand totaL_

I Inerpasc or I <kcrPasc

1 I m gross June 30, 19:l9 ' lJcc. :ll, 1940 I tonnage,

1 Dec 31. 1940.

' , I fr7~~ ~t~;~e ' I -------,-------·--------

I, 735, 561 770, 188 965. 373

'

fi, :l92. 212 2, 094,212

704,649 213,181

64, 5S-! I 81. 747 I

3HJ .. 115 532, ,)(i2 75.880

102. 124 4, 298. uoo I, 022, 1.12 3, 275, 848

I 721, 1Rii I 371, 523 I :J49, li62

-1,014.376 -39R, f>G.') -lll5, 711

6. 50S, 808 + 1l:l. 5% 2, 434. 408 +340, 195

2 lill, 135 -1\44.514 732, 027 +·" 18. 841) 93, 51l4 +29, 01()

247, 41ll +16fi, 714 484, 624 + Hi5, IOU 1)31, 911i +99, 354

12, 148 -(i:J, 7:l2 112, s:l3 + 70, 40\J

4 071 400 , -221i, liUU , 745: 2illi I -271i, 8Hij

3, 326, 134 I +50, 2S6

---·-·52, 2()3-1:::::: : : 1 7, 117

·1.:..::.:..:..:..::.:.:_:_:_::.:..:: --' 8, 134, 890

I -855,694 7, 279, 19G I

I Does not include lake or rivt•r tonnage. 'Portugal and Spain only. 3 IncllHks Canada, Mexico, Central America, West Indies, and "-'orth Coast of

South America to and including the Guianas. 4 Ships engaged in operations in foreign ports. 'In custody of U. S. Coast Guard. 'Loaned to the War Department.

Sonrcc: United States Maritime Commission.

14 SURVEY OF CTHHEYl' Bl~SIXESS c'>.pril 1941

For many ycars the American ::\Ic·rclwnt ::\I nrinc lw,.; been inadequate to handle our import needs. FollmYing the ·world \Var, other nations built up tlw size and efficiency of thc•ir· merchant fleets, hut AmPrican sllip­building languished. The proportion of our total com­meree earried in American-Hag- YC'ssels dropped stendil~~ from 51 prreent in 1921, to 41 percent in 1921, 3i) p('r­eent in 19:32, nnd to a. low of 23 pNrPnt in 10:39. How­ever, m 10,10 this trPlH1 was l'P\'I'l'S<'d, as l'xplnined below.

MILLIONS OF GROSS TONS 10

0 0 4!-116

Fi~ure 12.-American-Owned (Government and Private) Steant and Motor Merchant Vessels of 1,000 Gross Tons and Over En~aAed in or Assi~ned to Ocean Trade In the Quarters Ended December 31, 1938-December 31, 1940 (U.S. Maritime Commission).

NOTE.-Data do not include lake or riYer tonnage. Vessels operating in two or more trade services are assigned to the serYire in which the largest portion of OJWrH­tion was performed during the thret'-month period. ";'\carby forci~n" includes Canada Mexico, Central America, \\'est Indiest and north coast South An1criea to and 'including the Guianas. "1.fiscellancous services" includt•s around the world, foreign tradin~ forei~n (ships ('ngaged in operations between forrign port~), special service (in custody of U. S. Coast Guard), ant! OoYcrnm('nt serviC(' (loaned to War Department).

The shift in employment of American vessels since the middle of 19:39 is shown in both figure 12 and table 1. The spread of \Yar forced about G.50,000 gross tons of American shi pping--1 0 pcrrPnt of the total active fleet-from EuropPau routes by tJu• l'lHl of 1940. As our imports increased, ship lam's to the Orient, Fnr East, Africa, Australia, South Amf't'iea, and nearby

foreig11 cotltttri!'s not only absorbed this tonnage but attrndt•cl most of 27G,OOO gross tons yielded by inter­eonstal routes.

·while this radical shift in allocation increased the gross 1 ormage of Anwriean-flag vessc•ls operating on non-European routes by 11 rwrcent, it by no mc•ims frec•d the vital import trade oyer these routrs from d('jWJHl('ncc· on foreign shipping. In 1939 American ships mowd lf.ss than one-third of the total goods from llOn-Eut'OJWHn countries into the United State's.

The tonnage incr<•as<' of 11 percent on thc•se routE's 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<l at b1st 15 1wrec•nt, eomparing the ayerage for nll n-ssels in 1040 with the aYernge for 1939. This tr!'nd was hu gl'ly due to tlw closing of the Suez Canal to .Amerie:m ships, forcing them to bring eargol's from South Asiatic ports over much longer routes.

On t h(• basis of these facts, less than one-half of the total yolunw of imports appt'nrs to haYe been brought from non-European areas into this country by Amrrican nssds during the final quartc·r of 1940. This was a. ('Onsickmblr· increase from the 31 pereent earried by Ameri<·nn n•ssrls in 1939. The share of American Y!'ssds carrying freight from South American nncl nr~arb,v foreign countries was much larger than in the Asiatie ancl Afriean trade.

E\~id<•ncc• is not yet publicly available to show direetlv how the remaining shipping was diYidcd among othr'r I;n tionaliti<'s in 1940. In 1930 vessels aggregating about 2J,041,000 gross tons entered Cnited States ports with cargoes from non-European areas (excluding the Great Lakes). In ad1 lition to Anwriean ships, oYer one­fourth (•f this tonnage was British and 12 percent Xor­\H'gian, while Japa.n a.nd Panama eontributed over 5 percrnt eaeh, alHl Denmark and Holland together fur­nished another 5 percent. Freneh, German, and Italian tonna.g:e was all very small. British tonnage wns es­peeially heavy on routes to this eountry from other North American ports, Asia, and Africa, while K orwe­gian ships wen• most active in the South American, other North American, and Asiatic trade. Though the ::\Iin­istry of Shipping of the United Kingdom has withclra\Yn a lnrg:e numlwr of British and Allied Yesscls from trade lwtwePn the Uniterl States and non-European countries, it sPems clPar that a. considerable amount of such tonnngP In\Ist still be operating in these an•<lS.

As a. result of the spn'nd of active warfare and an r'xpansion in the movement of suppliPs from thl' Cnitecl Stntt'S JlHIPr tlw lease-lend progmm, the British d!'mand for shipping is inerensing. On the othl•r hand.

:\pril 19+1 SUI\VEY OF CURRENT BUSINESS 15

it is \Ydl knmvn that losses by <>rwmy action ar<~ exeePd­ing new construction. Hence the United Ki11gdom will undoubtedly withdraw further tonnage operating between the United States and non-European countries. At the same time the United States need is becoming greater as the flow of strategic and critical matt•rials into the country grows and construction activity upon many new naval bases in the Atlantic nml Pacifi<" proceeds. United States Reserve Tonnage About Exhausted.

To meet its expanding demand for bottoms, the GnitPd States today has no appreciabln reserve of bid­up tonnage, a sharp contrast to the pre-\mr situation when 1,700,000 tons wen• idh•. In the intr•rvrning twriod, l ,500,000 tons han~ lwen trnnsf<'l'l'P(l to foreign registry, more than half going to the CniU•d Kingdom or its Allies, and tho remainder to neutral flags, par­ticulnrly the Pannmnnian. In addition, the Unit<•d States Army and Navy have acquired mon' than 50 vessels for auxiliary use.2 D(•spite new constrnction of more than 600,000 tons, sueh shifts as t1H•se rf'<lueed the total Ami•rican flag :\Iereltant Flec•t (active nn<l inactive) by 856,000 tons from ,June :iO, Hl>~9 to De­cember 31, 1940.

However, some further tonnngc• remains idk. This consists of the 560,000 gross tons of Danish. German, Italinn, and French vessels now tied up in American ports, of which some 303,000 gross tons of Danish, German, and Italian shipping were recently placed in protective custody by the Federal Government. In addition, a fpw vessels may also he obtained from the coastwise trade. Though ships in this service are cnrrying larger cargoes now than before the war, as indicated by a reduction in the number of vessels operating in the face of a rising freight volume, some further improvement is believed possible. Of course, this would throw a heavier burd(•n upon tlw rail system, which already is experiencing a substantial expansion of demand.

2 Table 2 shows 721,000 tons in lay~up on December 31, 1940. Since that time a large proportion of this has heen returned to active service. Only a few Government· owned vessels are now laid up and much of the remaining idle private tonnage has heen put in service.

It should also he remembered that a sizable portion of the British losses to date has been offset by the ac­quisition of enemy, Allied, and neutral tonnage. Since September 1939, it is estimated that the British have ehartercd, seized, bought, lensed, or in other ways acquired lwtween 7 and 9 million tons; so their total supply of shipping is probably larger today than the 20,000,000 ton,; at the bc•ginning of the war. At the same time, of course, a considerable amount of tonnage is cngng('(l in auxiliary naval service, and the efficiency of shipping has been reduced by longer routes, incn•asecl time required for assembling in convoy, loading delays oceasione(l by bombing and blackouts, and heavy repair and ovnhauling of attacked ships.

Deliveries This Year Probably Less Than 1,000,000 Tons.

With an already tight position developing in Amer­ican shipping and a sizettble destruction of British tonnage occmTing monthly, tho npecl for an extraor­dinary amount of new constnlCtion is dear. The vnssels delivered in 1939 and 1940 by American yards nggC'gated 241,000 and 447,000 gross tons, respectively, large amounts as compared with pre-war standards but inadequate in the present c'mergcncy. American yards hacl had under construction or had contracted for a total of rtbout :3,400,000 gross tons as of April 1, while plans for the building of facilities to construct approxi­mately 1,600,000 a<lditional tons were announced on April 4. However, total deliveries this year will probably be less than 1,000,000 gross tons.

The enrrent shipbuilding program, ineludmg only that for which contmcts have already been let, falls into four parts: the ~{aritime Commission's regular program of 923,045 gross tons; construction for private aeconnt of 513,850 tons; tho emergency program of the 1:1nritimc Commission under which 200 vessels nggregating 1,500,000 gross tons nrc to be built; and tho British emergency program calling for construction in thi;;; country of GO vessels totaling 450,000 tons. Tlw first two programs arc well under way, with 5.55,-000 and 248,000 tons scheduled to be delivered to the ~faritime Commission and private owners respectively during this year.

Table 2.-0cean Freight Rates

I '

I

1 Percent ,

1

,. increase Commodity From- To- 1 \"mt I July 1939 February February FPb. 1941

, I I 1940 1941 from .July I I 1939

~<uhbcr. -:~=~---_ ~~traits Se~;;:-~~~t:~~ N:~ Yo;~=--- -5~-c=-ft-.-:-c:~:o~-!J!t~sJ ____ ~--- -~-~-----;1.5.00 ~--;~:;-~ ~~ ~---~ 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 <Heel bars.

1 Ilallimorc .. _ . __

1 San Francisco _ .. __ ·ilOOlbs_ . 45 ~ . 45 1 .. so I 11. I

.~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, however, is less certain. These ships are of simple design, planned for rapid construction rathc•r than for most efficient peace-time pt•rformance. The n•ssels will be powered with reciprocating engirH•s, as capacity for building Diesc•ls and turbirH•s is largely nbsorbPd for other purposes. The American vessels arc to be built on 51 shipways bc•ing constructed in 7 new shipyards, each yard under the supervision of an established firm. For the 60 British vessels, 1 G rww wnys an' bPing built in 2 yards.

The original sclH'clule for 200 American ships lookPd to tho first keels bc'ing laid in March, with launchings 5 months later, followc'd by delivf'rif's in anotlwr 2 months. Once procluetion is in full swing nnd C'XIW­

rienco has been gained, the 7-month pNiod from k<'d to delivery should be cut to unclc'r ,'5 months. Approx­imately the same timing from kec•l-lnying to dclinr.Y is foreseen for the· British ships. Inauguration of the• program in each case has been slower than anticipated; so deliveries will probably begin with about 90,000 tons of British and only 7,500 tons of Anwricnn ships during the fourth quarter. Table 3 tentatively summariz('S the deliveries of all merchant vessels expected in ('ach quarter through 1942 on the basis of construction and contracts existing on ~larch 25.

Table 3.-Estimated Deliveries of New Ocean Going Merchant Shipping Tonnage in the United States During 1941 and 1942, Under Programs Existing as of March 25, 1941

I : : 1 ~

I

Regular I I I ' J\1aritimc 1 'For ! Arn(•riean I Emergency:

Year and quarter Comtnis- I piivatP j enwrgrncy I program for T<1t:1l sion 1 account

1 program t i British

I program 1 1

------------~-- --------1--·---i-~-- --- ·--1----·--··-·--1 ! I ~

1941: 'I I ; ! January-March .. _. 96,1581 51l,l00 I __ ·- -1- ____ ,-.- -·-April-June ______ ·-_ 1 147,683 1

[ 77,900 ~------ --·-. - 1.- ·-·-- ---:- ·· - ·--

July-September ·---j 153,974 72,~00 . . ,-,- -~---- ·------ [·--···---October-Deccmbt•r i-~ 8061- 44,100 j~-~~ __ 90,000 j.:_:_:_:~

TotaL._________ i .554, 621 I 247,800 1 7, .500 90, 000 ! 899, 921

Hl42 1

' l i ' Januar)-March. _ 114,245 75,050 I 31l0,000 I 90.000/.-Apnl-June. _ .... _ 125. 169 51,900 270.000 \10,000 . _ July-Scptpmber _ 59, 730 47,200 300,000 90.000 ! ... _ Octobc•r-Decembt•r __ 69.880 _ _::.uoo ~:l_J:>:_OOO _ ____:{),~:~~-

Total ·-- _ 1 =~=-024 =~~~~~~=~:!~~~L _ _!_6~~~~~~. 210;;_:~ Grand total, 1941-42 J 923, G4.o ; 513,850 1, 222, .)00 I 4;,0, 000 i 3. 1119. \J'l5

1 37 vessels aggregating 277,500 gross tons of this program will be de'liwrcd in the first quarit•r of 1943.

On April 4 a very large addition to this program wns announced. This is to include 212 vessels, 100 similar to those of the regular .Maritime Commission progrnm and 112 of the nc'w "Pmergency" typt>. For construc­tion of these vpssds 56 new shipv.ays are to be built, approximately half being added to the enH•rg:ency shipyards and the remainder to n'gulnr yards. DcliY­erics under this new program arc expcctc>d to start in the first part of 1942. While no information on the

rate of ddi,,erios is yet available, it docs not appear likely that the entire 212 vessels, which will aggregate about 1,600,000 gross tons, will be delivered in that year. But the program \Vill undoubtedly add well onr 1,000,000 gross tons to the present schedule for 1942, ·with the bnlance of deliYPries being made earl.'' lll 194:;.

To 1he American construction must be added that of Great Britain. Though no exact knowledge is avail­able concerning present British capacity nor the pro­portior. dc•\'Oted to mcrchnnt construction, it is thought that cldin~rics of merchant tonnage in 1941 will not exceed materially those of this country.

Tight Position Through 1941.

Tlw above estimates, even though rough, show that construction this year can hardly prevent a growing tightness of shipping facilities. Whether or not the situation will be cased \Vhen the substantial deliveries expl'etul in 1942 arc made depends upon a number of fnctc•rs which nt this time nrc unpredictable. ).lean­while, t>xpnnsion of merchnnt shipbuilding is enor­mously complicated by the huge quantity of ~ aYnl construction under way in both Britain and the 'Lnitcd State's. In this country 44G occ•nn-going naval Yessds of more~ than 2,500,000 tons with a total cost of about $7 billion arc under contract, as well as 312 patrol craft, tugs, and the like; 16() harbor and district crnft; and 1,·104 small boats. No program approaching this magnitude has l'Ycr been undertaken in this country before, construction scheduled in the peak year under existing contrnets being almost as great as the total built in the 6 years from 1915 through 1921.

As ll•.'W vessels cannot be turned out in sufficient yolumc to proYide aclequate tonnage for all demands, an increasing control over the available supply is probable. The ·Maritime Commission has already moved in this direction with the establishment of an Emergency Division. Shipowners and operators have been asked to submit for Commission approYal any changes they wish to make in rates, chnrtering ar­rnngenwnts, and routes of operations. A voluntary syste-m of priorities by which vital cargoes are ginn prderence over others has also been set up, so that the Commission, with the aid of the owners, can in effect allocate tonnage as it deems necessary.

These controls over shipping, the most extcnsiv<' ever exercised by the Commission, nrc aimed at "maximum use of tonnage." They are the outgrowth of n difficulty which has serious potentialities, and while tlH'Y afronl some relief, the fundamental problem remains; for the basrc reqmrement in shipping, as in many other defense lines, is for larger productive 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

Item Janu- Feb- I , 1... .

1 ary ruary Mar<.h Apr•

Total, including reexports ______ thous. of doL 212,911 218,715 267, 781 230, 974 By grand divisions and countries:

Africa _____________ . __ ------ ________ do ___ . Asia and Oceania ___________________ do ___ _

Japan ___________________________ .. _do __ _ Europe ___ ----------- _______________ do ___ _

France ______ ----- _____________ . ___ do. __ _ Germany ___ ---------- ____________ do __ _ Italy __________ -------- ______ .. _____ do ___ _ United Kingdom ________________ _t!o ___ _

North America, northern ___________ do ___ _ Canada. _________ - ________________ do ___ _

North America, southern ___________ do ___ _ Mexico _______________________ ·-- .. do ___ _

South America _____________________ do ___ _ Argentina _______________________ .do ___ _ BraziL ____________________________ do ___ _ Chile _____________________________ do ___ _

U. S. merchandise, by economic classes: TotaL ________________________________ do ___ _

Crude materials ____________________ do. __ _ Cotton, unmanufactured _________ do ___ _

Foodstuffs, totaL ______ -----· ______ do ___ _ Crude foodstu!Ys _______________ .. _do ___ _ Mfd. foodstuffs and beverages ___ _rio ___ _ Fruits and preparations ________ . __ do ___ _ Meats and fats ___________________ do ___ _ Wheat and flonr __________________ clo ___ _

Sernimanufacturcs __ . _---------· ____ do ___ _ Finished manufactures ____________ do

Autos and parts_______ _ _____ do_ Gasoline__ _ _____ do ___ _ Machinery __ _ _______ do_

By individual commodities: Airpianf's __ _ ____________ number __ Automohiles assembled, totaL _______ do ___ _

Passf'np:er cars. __________________ do ___ _ Trucks ___________________________ do ___ _

Boots, shoes. and slippers ____ thous. of pairs __ Cignrcttes ______________________ thousands __ Coal:

Anthracite ... ________ thous. of long tons __ Bituminous ______________________ do __ _

Coke_ ________________ __ __ __ do __ _ Copper, refined and manufactun•s

short tons Cotton (excluding linters) ___________ bales_ Cotton cloth__ _ __________ thous. of sq. yd __ Cottonseed cakc and meai__ ___ ,_short tons Fertilizers. total. __ .. _____________ long tons

Nitrogenous ________ ------------ ___ .do ___ _ Phosphate materials _______________ r\o ___ _ Prepared fertilizers _________________ <}o __

Gold ________________________ thous. 0fdoL Grains, incl. flour and meaL __ thous. of bu __

Barley, includingnmlt ____________ do ___ _ Corn, inrluding meaL ______________ do ___ _ Oats, including oatmeaL ___________ do ___ _ Hyc, including flonr ________________ do ·--\VIwat, including flour.~ ____________ do __ _

Wheat only ___________________ do ___ Wheat fi<Jur ______________ thous. of hhl..

Kerosene __ . _________________ thous. of bhL Leather, sole ________________ thous. of !h .. Leather, upper._ ------- .... thons. of sQ. ft._ LinsePd cake and. meal ________ thou:-:. or lh __ Locomotives, railway, totaL __ nnmher _

Electric__________________ . ____ do ___ _ Stearn ____ ~-------- ______ do ___ _

Lumber: Total sawmill products _ _ _ _ M hd. ft._

Sawed timber _____ ... ____________ do __ ... Boards, planks, scantlings, etc .. do.

DDuglas fir, total sawmill products do Sawed timber ________________ ... do_ Boards, plclnks, ~cantlings, etc .do

Southern pine, total sawmill prod·

8, 074 42,445 17,692 95,865 10,815 6, 292 4, 381

41,909 27, 03li 26,657 20, 796

5, 581 18,695 3, 114 4, 968 1, 736

8, 523 46,388 17,494 95,590 10, 653 5, 487 4, 079

38,561 26,296 25,801 20,444

5, 919 21,474 4, OG7 5, 120 1, 480

II, 560 60,560 23,573

107, 531 12, 650 6, 444 5. 020

41, 536 33,138 32, 345 27,.579

7, 981 27,414

5, 281 fi, 6G4 2, 188

I

I

I

10,10 49 263 !6:w 88,816 12,48 4,814 4, 118

34, 319 ;)5, 055 34, 535 23, 462

6, 320 24, 277 4, 068 6, oo­I, 478

I

210, 260 216, 191 2ll3, 995 227, 624 36, 390 36, 486 39, 337 26. ow 14,975 13, 732 Hl, 9.58 9, 185 31, WI 26, 553 27, 9()0 23, 021 Ill 493 11,402 12,287 9, 810 14:607 15, 151 1.5, li73 1:3.811

7, 227 6, 404 7, 017 6, 656 4, 59fi 4, 145 4, 724 3, 698 8, 204 7, 403 6, 406 5, 45! I

l 35,412 34,901 4.>, 694 41, o:l3

107, 358 118, 252 1.51, 004 136, 95: 21, 39{i 25, 297 28, 502 24. 921

l 7, 449 (i, :l83 8, :J78 6, 81:

)

3 I

31, 218 :34, tll61 49.393 4:3, !J04

54\ 71ll 95 6" 23,958 27,3491 30.047 27,087 15, 1261 Hl, !931 17,983 16, 213

8, i~~~ 11, :s~~ 12. ~~6~ 10, ~~t 451, 1941623.8891562. 2251 42·1. 85-

165 1541 14:3 13-II

2~~ 2~~ I 3i~ 2n I

25, 4671 23 807 27, 3ii4 28, 162 289, .o!4 26:3,922 330,070 178. 22c 20,768 27,618 33, 135 29,726 ·I

408 189 389 506 85, .>17 85, o9.o 121.378 136, :12s 11,317 15, 6451 6, 67-l 5. 305 71, 020 66, i32 9.5, 72:3 123, 270

83 340 47() 343 81 151 53 231

20. 46.5 15, 521 15,135 11,418 49:l 724 436 124

l

I

I

7. 248 2 •. 7211 3. 798 1, 66: lG-1 130 114 112

0 (2) (') (2)

iG: gl~ I~;~~~~ l ~: ~~~~~ ~:~is .\ ll 673 5.53 765 776 516 52:1 69

6 14 67 46 3, 097 3, 492 4, 197 3, 585

f>O, 734 50, 180 53, 106 .50, 3% I .I!

1 II 21 9 1 o, l:l 0 21 8

71,500 10.633 .58, 817 24,554

.5, 929 18,625

71, ~50 10,879 60,351 2i), 972 5,696

20, 276

94,056 21,766 60,.5811 34, 545 14, 9i\O. 19, 59o

0

i l )

83, 976 16, 58( 62, 74l 29, 4S6 11, 485 18,001

i

Sawedtimber_____ _____ do _ 4,321l 4,700 6,70G 20. So7

4, 954 15, no: 30,281

l! Meats, total_ _ _________ thcms. of lh__ 41,91:3 36,78.5 38,518 I

I I

May June July

·---------

~~. 16~1-229~~ 249, 41)0

8, 527 9, \l9(i 10, 268 54,161 50,001 43,875 21,394 14, 800 12,559 98.320 85,831 88,476 12,909 10,818 14,912 o, z:l9 5, 299 5, 3:12 4,460 4, 270 3, 721

37,350 36,061) 33, 476 43,433 40,408 40,315 42, 486 39, 829 39,381 22, 3.57 23, 358 21,850 6, 290 7, 922 5, 565

22,668 20, 570 24, 847 .J, 918 6, 113 li, 268 .5, 410 5, I9:J 6, 242 1, 621 2, 651 1, 596

246, 119 233,465 226,740 30, 259 25,713 29, li67

7, 458 6, 157 5, 970 26,\127 10, .522 19.728 10,808 6, 02l\ 4. l\87 16, IIU 13, 491l 15,041 5, 844 3, 524 4, 423 4, 851 4, 997 5, 221 7, 601 4, 079 3, 846

48, 245 48. 5(\(i 45.991 140, l\88 13\1,664 131.353

23, 75:J 20. 3k7 18. 520 ](), 3:38 9, 45:1 7, fi28 44, :l\18 42, WI 43, fi56

106 117 104 25, 220 21.531 19,183 14, 4:l0 10,521 8, 375 10,790 11, ll!O 10. 808

204 lifl 184

592.8bll 5!13, 218 691, 696

336 !Yt 160 250 9841 I. 192 37 43 39

36,303 3fJ, 3501 :n, ws 142, 577 113. 634 ]()f), 531 23,980 2(), 982 '28, 674

81 124 46 1·18.0\15 136,016 !51, 800

12, 142 12, 6!\.5 8 067 112. 773 105,934 137, 446

3~~1 268 447 !9 9

16,372 7, 3o:Ji 8, 245 614

2061 265

I. 207 267 1)08 61 1!3 101

(2) (2) r> •. " H,4X\i fi, 797 '· -1

10,672 3. 929 3.019 812 610 905 631 460 753 ~2 47 .)3.

3, SHi 3, fi.\0 3. 42H[ 40, 849 48,619 44, 5S9

21 10 8 7 8 I)_

14 2 2

99, 936 109, 130 115, 2t)4 18,819 17,984 HJ. 698 74, 434 86,2.54 92,051 3li, .570 42, 028 48. !Of> 12, l!J:l 10, fiU2 II, 507 24, 377i 31,036 3li, .598

24, 7401 2:~. 47() 30,028 6. lftH H. flti8

1 7, 916

Hi, 8081 22, 112 42, 3f>2 47, \J.')l

No- De-Au- Sep- Octo- vern- eem- Total gust tember ber ber b~r

---- ---- -- ~- ------ ----250, 102 288,956 331. 978 292,453 368,046 3, 177, lit)

8, >79 8, 959 10,385 8, 8i3 11,378 115, 023 43,360 51,392 62,880 58, 617 78,135 6!1, 077 12, 121) 20, 072 23,519 25,243 27.563 232, 184

113, 315 120,825 132, 090 105, 347 157, 747 1, 289, 753 22,302 11,926 12,680 13, 2>9 36,645 182,089 6,178 347 39 3 1 46,475 3, 027 4, 834 6, 301 6, 029 8, 623 58, 864

47,090 60,212 52,696 31,488 50,701 505,404 43,061 53,066 60,852 51,292 44,219 498, 170 42, 230 52,058 59, i20 50,441 43,020 489, 103 20,120 29,312 32,928 29,507 32,313 304,026

4, 606 5, 782 8, 579 8, 700 9, 926 83,177 21, 8()8 25,401 32,843 38,817 44,254 329, 127

4, 1)75 4, 942 0, 989 9, 718 10,792 70,945 5, 135 5, 997 8, 497 10,608 10,499 80, 345 1, 818 2, 020 2, 667 3, ll25 3, 910 26,791

247,412 284, 392 323,077 286, 761 357,307 3, 123, 313 36,258 ()6,{)1fj 78, 359 58,318 64,264 527, GSli ll. l\34 35, 401 47, 192 30, 563 43,741 242,905 24,326 28, 789 37, 760 22,651 24, 272 313,20[) 8, 380 7, 481 10.213 5, 386 7, 784 110, 757

15, 941i 21, 309 27,547 17, 265 16, 488 202.45:3 7,199 9, 014 13, 7i7 5, 738 4, 099 80,922 4, 036 4, 434 4, 876 4, 057 5, 13:J 54, 7o8 5, 4(ll 4, 270 3, 604 3, 078 I, 978 Ill, 390

53. 37(; 59,015 04, 534 63,173 75. 525 015,465 133, 452 129,969 142. 423 142,619 193.246 1, 600,982

14, sn:J 12,457 18,900 19. 870 24, s2n 253, 722 8, 748 9, 728 9, 256 7 .. 524 9, 6:18 101, 3:lfi

43. o2:l 40, 143 42, 257 38, 583 48, 100 502, 081

138 63 43 62 294 I, 2201 11, [,92 7, 8:l4 18,140 19.676 22, 688 254,305

3, 98.5 4, 49:l 9, 461 10,678 II, 88.5 139.343 7. 607 :3, 3;1 8, 079 8, 998 10,803 114, 9ti2

234 205 !69 426 161 2. 5Hi 641.931 7H, 576: 433,967 422.516 507, 719 6, 7tl0, 639

!3G 400 251 12() 104 2, 313 I, 20il 1. 525 1, 746 I. 715 614 10,349

66 95 71 52 37 527

45, 840 35, 696 26.806 41,049 62, 505 427,.517 214,541 614,328 885, 182 583.M'> 806,720 4, .558, 888

21,878 30.023 40. 494 35, 559 37.899 356, 7:l6 675 I. 318 2. 33;i 1.403 343 7. 817

1-tl. 171 12:3,7021112,699 79, 270 66, 079 1, 390, 210 26.618 27. 1571 18, ~)74 7, 538 13,803 165.955

106,607 76, !)041 78.418 5.5,009 43,174 1,07:l.310 349 697 I. 921 486 489 6, 201

13 15 15 10 11 .50R 10,830 8, 372 11, 281 5. 709 8, 374 !39. asol

713 71)9! 9091 !.53 399 5. 747 1, 121 1, 8551 5, 580. 1. 266 5, 321 32. 6fi01

{)! 133 162' 117 81 1. 269 0 (2) I II 0 85 ~6

8, 935 5, 675 4, 6291 4,173 2,485 99, 62:ll 5, 903 2,s:~GI 1,7o! 1, 452 507 6:l, 214

645 llfi9 62~ 579 402 7, 7·17 802 5fi0 I, 089 5{)3 6~1 7, 994

65 .54 220 446 274 I :37~ 2, 908 4. 839 5, 7.571 4, 623 4,109 47. 4901

50, lf>31 40, tiOO 14, c29 30,914 52,765 527, 441 21 I 9

:;I II I:Jti

5 I R 10 89 1tll () 1

73, 66;

I -171

114, 784 100, 834 84, 32() 84, 832 I, 104, 1.\7 20, 2.5(i 14.491 5, 928 6, 5l\3 17,063 180, 61iG 89,919 82, lfi4 73,918 60,088 62, 104 869,427 55,7.55 34, 260 23,416 23,298 38,!)71 416,960 l4,.54fi 8, 972 I, 982 4,114 12.619 114. 985 41,209 25, 288 21,434 19, 184 26,352 301, 975

IS, 821 2~. 61\4 24,221 23, 332 19, 063 276, ()21 5, .529 5, 287 3, 659 2, 2.58 4, 017 62, 197

13, 292 23, 377 20, 5fJ2 21.074 15, 04(\ 214,-124 40, 118 41,898

18,5721

4T: ~~~~ 38 .. 5541 31, 26/ll 37,2111 469, 7221 )I 1. n:~n 1 1' f125 I, 40! 2. 042 I, 546 1. 2flH I, 5~1 15, lll:l

I :J6, 990: 37,4031 42.2231 33, 028 33,848 25,700, 33,008 3l\, 308 406, 815 25,30:3' 22. (iR2 25,339 22,848 24, ti93i 19,091 2.~. 700 1 18.917 277,272

ucts _ ------------------ _do 19,609 1~,491ii2.5,3J.I

Boards, planks, scantlings, !'lc do 115. 28:3 13, 787 18, 608

BcC'fanclwol ____________ do __ !,!OD 841 1,042 Pork,includmglard ___________ do---~ 36,966 32,72?1 33,022

Mett:~~~; refined-~---_-_ _---.-_ --_--ga{lgns- ~u~~~' ~~:~~~~~ ig:~~x M~ I 30f"l Condensed (swl'etened) ______ thous. of lb __

1

104i 91, Evaporated (unswcetened) _________ (!o____ 1,.522 2,0071 I, 78.5 Powdered___________________ _ ____ do _ --~ 47:l: 519'1 li89

!~:f~\! 18,441; 108,084119.5,0341 28,373,28,337) 263,588,123,9951368,246ill,219,8131'

!42f !48, l~i:ll ?.15~, 1~4l . 276i 364 I:!~ 121 I ~· 21l~ 1,110: 2,o08, 2,o.n 2,>.18 1,016, 3,414l 3,715, 1,816 2,61_51 2,,401

69Gj I, Oli9, 7:391 l\37 7981 82:l 7961 544 573 I 8, 357: Motor fueL __________________ thous. of bbL 3,3l9J 2, 741 4,146 Riee ______________________ pockcts (lOO lb.)__ I 301\,8931302,329, 302,102 Silver___ _ __________ thous. of doL: l,li71 2,054' 1,023 Sugar, refined__ _ _____________ long tons .. ! 4,018, 5,3441 5,532 'l'ires and tubes:. ! j 'I

113 PneumatiC casmgs ____________ thousands __ i 81, Ill. Innertubes._ _______________________ do ____ l a: 65i 74

Tobacco, unmanufactured, incl. stems and i i I scrap ________________________ thous. oflb__ 28,0!3' 37,502!

Vegetableoils,totaL ________________ do ---i 2,815j 4,1361 Wood pulp, total,allgrades _____ short tons __ j 6,309i 5, 748:

' See footnote 1 on p. 18. 302601-41-3

44, 333 :3.994 5, 674

3,433• 4,2s5· 4,29SI 3,4.55 3,9ot! 4,o.;r,.1

3,291 2,441 2,987 42,>.5:11 274,8931 283,341; 24I,7o5 22o,:m 2I6,072Ii 381,765 304,543 so,92fl I07,I7ol!3,o:ll,ti2

2,0541 lillJ :303! fi.JO: 937 1,292) 1,773

1

4871 887! 14,630, 3,6411 14,5291 6,5571 8,7231 3,7781 8,9971 18,995 13,4()9 17,6271 111,2101

1081 !00 113j 85 10:311 1461 146 147 1351, 1, 38611 82! 67! 661 621 65 98: 1081 !261 921i 977

21,77711

24,502! 17,1461 !5,940 33,773:. 45,576: 28,209 30,457! 31,260,1 358,489'1 4,202 4,314 3,fii3. 2,5591 3,8651 7,908' 24,7451 16,022i 17,436'1 95,670 5,036! 6,2111 10,533/11,0301 10,9461 16,873 1 21,6221 20,985jl8,537 139,504

' Less than 500 bushels.

Monthly average

----264,765

9, 585 53,423 19,349

107,479 15, 174 3, 873 4, 905

42, 117 41,514 40,759 25,331\

6, 931 27, 427

5, 912 fi, 695 2, 233

260,279 43,974 20,247 20, 101 9, 230

!fl. 871 6, 743 ·1, 564 5, 116

51,289 138,915 21.144

8, 445 41. 840

102 21,192 11,612 9, 580

216 5li3, 387

w~ 862

44

35, 626 379,907 29, 72~

651 115,8.53

13, S:JO 89, 44:l

518 42

11,61.5 479

2, 722 106

7 8. 302 5, 268

686 66() 115

o, 95~ 43,951

11 I

4

92,013 IS, 056 72. 4.52 34, 747 9, .582

25, 165

2:l, 052 .5,18:3

17,869 3!J, 144

I, 2M 33,901 23,106

101,651

189 2, 2n1

096 :~. 52H

252, fl9:1 I, 219 !J, 2t)8

115 81

29,874 7,972

11,625

18 SURVEY OF CURRENT BFSINESS Aprill\lH

Table 15.-IMPORTS BY GRAND DIVISIONS AND COUNTRIES, ECONOMIC CLASSES, AND COMMODITIES-REVISED STATISTICS FOR 1939 1

Item i I i i · 1 ' No- De-: Janu-[ F<'b- 1 Mal'<·hl i\pril May June Au- , Sep-

1 Octo-

1 !Uonthly

! ary , mary , i • I July gust : t<>mber: b<>r : v:;~-1 c:;~;- Total A w1·age

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[

n:~f:i~~~-~~~~s_i~~~~~~-~~~~-t~~~~~-- __ do ____ ! ~{. 74-tf H, i;s:2: ~. :)71· ~. ti.toil 4~· ~~~ i AJ-i:v~~~c~-~-c~~~l~~~= ~=== ~= ~=-------: =~1~~-- i1: ~~6i ;: ~uu: ti~!; ~tf~\ ~?): ~;~~~ ~.~.i~.~:. ·?~11~;: Europe___________________ _ __ (}o___ .51,:WOI 47,ti~7! 52.23-t' 57,07H ,, _ -t

:FrancC'._ _____________ __do____ -l.l\\t2i 5,2:{-t: fl,l..i~,2' .5.411 7.123 German)------------ ._do ___ ! 5,23:): 4,727i .1,Hi-l' 1:tVOfi :?.:--~.5 Italy_ _ _ _ _ _ _ _ _ _ _ _ ______ do_ :1, 2titi! 2, till~ 3, U7ti :~. 2"'~1 :-;. :2'<10 lTnitC'dKingdom_ _ _______ do ____ i 11,:\21 10.11\12! 11,\li:!'· 11.57::-;\ l.J.l\!0

North America, northern_ _ __ do_ I 25.~un: 20,:100i 2:1.r,:lu, :W.1~;-..· :.?:). ?\J7 Canada______________________ . _do.. 24,VK1: <)0 1:30, 2:1.12."'1 1 25.ti\lli :?~.270·

Korth America. southern ____ " ""<lu 1~, ~~~~ i~:m;;,i .,., -1''1 1 I!UlJ! 22.17' J\'l(•xico do ) tn·, s <)J1i -.,~:. ·,,_\1 ~-l;~.,~i, 4 14-· ·:;

Soutl~AnH~ffca_-_-_~~===~==--·- .~do z7:~~(){,; z2:1o2: _-t _ 2:{:31\J: z4: Argentina__ __do_ 13, ti:t\l li, OXfi, 5. -ttio: 4. ~-;;:;;, ·L BraziL_________________ _ ____ do_ 3x.t:~i 7.1\t;fi H,421 Chile_______ do ,_,,, 2.241>1 2,.i5:?:

Imports for consumption, by economic cla~,ws:: TotaL"- ____________________ tho us. of dol"' !lit!, :l.\:1'

Crw.:h• n1at('rials ________ - ____ - .. ----_do_---: r~~.;. 0:)01 Crude foodstutfs~------------- __ do ____ j 21i, 77-4 Mfd. foodstuffs and beverages .. _"_ .do_.--[· Hi, li3~: Scmimanufactures __________________ do_--- :~7, 12.11 Finished manufactures ____ " ____ do i :l4,o~lil

n~l~~\~~{j~t~~~~:~~~~~).dities: ! ,.,I,·-,~~ Ilist.illccl spirits, totaL_ tlwus. of proof ~a! '\Vhiskv __________________________ .do___ £i71 Stillwfnes ___________ thnu~.of\Yinrg;.lL.: :241 Spnrk1ing wine~- _____________ do --: ')·~

Aluminum (b~1Uxite) ____________ long ton::; __ 1

:3:3, n~{ll Asphalt------·----·--· __ short tons __ I 12,r~.~nl Cht•ese __________ " _ thous. of lb I :l,flHI Cocoa________ __]opg ((,11" lb. !4:)1 Coconut oiL_____________ thou'. of lb. 1 2:l, w:l Cofil'f' ________________ , ... _____ thous.ofbH:s 1 1.42:3. Copper, totaL __ "" _____________ short tons. 'I 18,.1511

For smrltin.rr, refinimr, nnd rxport _.do_-·. 1S, 07till Product of Cuba and Philippine Islands ,

/dl other_ ----··----------- ~~~(~~~~~~~~~~:~'! ~~~~ Copra___ _ __ do ___ i 20,V~il:

Cotton cloth ___ " _________ "thous. of sq. y<L i h,03S

J52, 5771

·.t~· ~;~~I ... _, • I'

1~. ti:liil :H, 050; :2K.Sfi0'

ti'iti ~S0'

1~)4! Hf

::;;i. :~o1: Hl,lilllli

4, 4~C: :n.m·:· 29, 122:

J,OS!i ii.o:n: 10, .00\ll

I 6~;;1

1\Jl, 21i9: !i\J .• 14-l :2S, 2tl0 2(), 2\1,) 1

:~r:.. )<,2:2 :J;,. 411:)

c!O, :{U\l J:l,111> 4. '·'1

·1:1. 41. I.

]11, 18,

I i, 4\Jl i 2:!. s, :mo,

1 n. 21o,

7 ...... li";' 3, ~Li

1~.), \l!fil .1-L U~li :24. 2:-,, :~:-. \l:)fi -t:).\11)-t:

:!0, 1 ~~. ;~-.,

7-1:2 11. fi-t:~'

/, -t20 2. 7tltl

ti2, :2;-,11 :!,.), ;..,bti :!ti.\H\:2 :-:u. :-;-1-:-1 411. Ill

:i1. n::; ' 1 t:O;i -l-,:t·):i·

2:--;, :IK,

I. In. ]-..:,

57, cltli'! ]], 2011 45. ti();)

4. 900 ~l. :149: :2. 70.~

11,\Hi:{ 2ti, H.l:-..·

ig• ~~;;I 4: :io\1

17:--. ;-;:-3 .i-t. 7:)\1, :!:!.tJI:--27.m1:3 ;.;~, t\2.\ ;J..f. 7~lU

4:{. fi:!\1 :~. 02-! ~ 'l -,I I

I:t:I:Jr; 1

;~;-, ;i,)';"l

l. :~n'2! 2l :2"i....;

11>4 ] • 0/:2

12. ;J} ~

J 1, ~'2-t: 7, ltd

Cotton (cxrludm~ linters). __ ·-- ."b:1les .. l 12. 2hlll Fertilizers, totaL" __________ """long tom_"ll~l.hm<,

N~i~i~~;6r~~~~'l_l: ::= :~==~- ______ ~=:~~: _ ·: 1 ] [i~: ~~~~ 10\J, \l:l2i lfJl, 3\)1)1'

\I, Ill.

1:1s. lW, 42.

1 '2. t\~12, t\,.)ti,)i

Fll, !1.17i 1\i/, ;1;):-.,1 ll.i, 1~""1

1 1:), 1/(1: ]!I~ t,

Phosphates ________________________ do "--j Oll:l:

F!:~;~~ ~-----~---_--_ -_-_-_-_-_-_-_-_-_-_-_ 't\10,~;: ;)'!m ·J 23: i ~~I Gold __ . _____ --------------- __ thous. of dnl -~1 lt)li. 4271 Gypsum, crude" _______________ short tons :32, :Jii!!l Hidrs and skins, totaL ________ thous. of lh _ :32.S32i

Calf and kip skins_ <!o_ 1' :1. o~ti \attl<:: hides________ __do__ _ 1·~ ~·)~~ Goat skins __________________________ do __ ! b,.Jlj Rhcepandlambskins __ " -----""_do"" I 1,n011

Iron orc __________________ thous. of long ton~-. 1801' Lead 1 total, except manufactun's (h·ad 1

content) -----" _ "_ " ______ "_" ____ short tons". • 11, !Ill~ Lumber, total sawmill products" J\[ b<l. ft" 4!1. 521 Manganese ore (manJ;ancsc content)

thous. of long tons wi Newsprint_ _____________ .. _____ " "short tons 183, 0.1111 Petroleum, crude ___________ .... tho us. of hbL, 1·, ~~.i~,l Rayon _________________________ thous. of lh __ i I Rice. _________ .. __ " _______ pockets (100 lb. L _ rl 34~. 131~~~ Rubbcr 1 crude,incl.latcx ________ lougtons __ '· ,,_r

SSillk, raw__ --------- ___ t .. 1thous. lf>fdlb

1 __ 1

11,o1

.. L,ll*~l,1 1 ver_ _ ___________ 1ot18. <_) o __

1

-~"'

Sugar, raw, total ______________ long ton~-. li0,8tiSI From Cuba___ _____ _Jlo_"_"i 30.1\:38 From Philippine Islands__ __do" ""I 30,1.\0

Sugar, n·finrd, totaL______ __do __ -I 2,til;~ From Cuba ______________________ "_"d''"--"i l.l.l~:1l~1 From Philippine Islands ___________ Jlo ! "

Tea __________________________ ._ thous. of lb __ , 7, HHS! Tin, hars

1 blocks, etc _____________ long tons __ ! 3,971'

1

.

Tobacco, unmanufacturcd 1 incl. stems and 1

scraps."--,------" ____________ thous. of llL i 5,8201

V~~~~~~'h~'l~,t-otaL~ :--- :::: ;J;; , ~U!i~i All other vrg:ctable oils______ __do_ so. 27S!

\\"ood pulp, total all grades ..... short tons" 1 171, 2oii11 Chemical:

Sulphate, totaL._ .. "" ___ " " ___ do ___ [ Unbleached_____________ .. do .. __ :

Sulphite, totaL_________ _ ___ do" ___ j Bleached _______________________ do_._"! Unbleached ____________________ do. "-'

Ground wood-------------------- ____ do"-- -1 Wool, unmanufactured .. _" ___ " thous. of 1h" _

1

:)(),01\2', 4\J, 9:H H4, 5Hfi :)!),09):<.

59,4\18 20,07() 21, U38

54. ,1!)'2 Uf\',ll

fl. /9."i: 2, 24>~1

22:{, :2Ptil

2H 2;\\i -~· si1;J, ~~: 2nnl ~: :~~~~

17!)1

:1, li,

2. 3ti.~.

0, 2\J,

2, 11.

(i,

4,

15, 4k6i 13, 47, so:~; n2, z,HJ

144,3081 I, 1:1:11 3, 3301

41, 2~Wi 31.o:JH1

:J, 0401 \1 qz--·

w7; ~1:31! 5.1, 0/~li 50, 24~1 R,08.) [J, 22:::f 2. 7Stij 7, H31! 5,0\li'j

I .1,4921'

87, 5H!> 8 JO<J'

1u: 427·1 110, 8H'i

3G, 9351

,

:Jo, 9J:J. G5, 757 21\,00~ 3H. /Sf1

7, ()4~; 17, 28~

'21 JHS, Sl>ll:

1. 7:3.1ij :1, UfJ5,

Iii. fiOSi 4S, ;~:11

3, dU:)i

7, 207'1 2oft, uns lOll, [Jiili

n:1, so;i

~~: {,3~! 3 ti(j(li s: ,1)7\i! .0, 20~ 1

i

9~: ;;~~I 10,7081 &7. 302]

135, 12Lii

41. 27l"i :l4, 401: 76, 1~4: :17,045 :m. Bll 17, 321i 25,441

l,·tfii 1r •.• ;sol

fi(lli: ~~1~1 71. oo.ii

ltl. ,')\(): 5S, 2H2:

11 20H, .S~J'ii

~· 7~~1 .~.·-b,[

90, 1H\ 1

32, o:n [ :l, B4:l, 7, 14:11

Jo0,4Liu 71. -tuo

ln:t~.~~ 1~, ~~!:),I '' n.;., I

ti, ~1\i\! :l, 8l:li

4, /('..:): (i(), 45;), 12, 131i' 4K. :m1 ~8. 401 i

2:{, ~1(\() 17,55.1 .13, s:-;o :ll, 67 4 22, 1.5(i

H, S(ii' Hi, 821i

;lg: !~i(~i ~~i: i.tn:~!

10. ~5:1.

1 1. 1.1ti 42\1.4411 ll:'. 12fi: 27. O::?fij

1. n:~!l: 1n. :~,-.:.-..:.: li. :l:J2i ,), 1:-,\1:

21 ii I

lll,!Jii]l

4'. !1:~1 2:iil. li··~r

~· .l.~~;i s~: 837! 45, ~Sfi 1

~~. [)92 fi, 152

1.12, 56-! 1'171, 040 8:J, 6:11 ;-;1, 7U9! 1\J. 384i l!· ~~~i S, ,,s,-11 5, l!Ki

50, 7os' :11, 54U RS, i'W :15, .~1{2 [):~. 17 .t lX, ,i(i2 :20. [l.t:?

Hl. -12,) 1 xo·)

2-tn: 4.iii: 122. 0.'-l'

22, fii):\; :?, ::)021 8, 03tl ti, ~~.~~ 4, ·{~~;!

.1. 11n'

4l', :J"!\1 39,215

lll:l, S'!S 41, US2 til, Slti 17, 4();i H, 771

4, 4UDI 5:), 3ti:J: 8. 7l!li

4~. lll~j ;), 14;) 3. \J/fi: 2. 21J4i

l1,Q1,ij: 2U, 988i :z:;, tl.12!

1~. ·::~~~ .). h_, i

:!1, 370 3.:2071 li, (ifi71 1.:-.22

1~0. 4:30, tlll, 1!:?:~

:.?7. i~lil :)1), ~11 ~~: :s:( il2~1:

f")'li ~:)41 15lj

')():

44. :<ii,;; 1. 72H! 8, J:l41

1 t t. ( 1~):1 i ~1. 21tJ) 1,0.\11'

21.12:1 Js. Glii[

I 2, O-!-\J 1

42~1 1!1, !1:2~1 1~. ~~~~~

n\': ~;;~~ -t\ ti:~2! lS. !79! 2. ~121 1

42. 2·n~ I, l ":ll

:~i~. li·l5[ t.\ W141 22, tt-;;:?1

2, ns:~l 7. l2S ,i,2.)f'! 4, f\l\111

2221

3. bti41 ,);),0:21'

i 2.ti

~·02. (l2ii 1

a, nn1 i :~, f10:)

~n. 2.'i7; 37, a12~

~: X:~t! ~Sl, ;:H: 17:3. 2"l!lj 107,8901 3-t, ;)11 i

aT:~~~~ fi, j~lS fi, 1 :-u. li, 4fi3i

7H. 41i7i B. 1'41:

Gtl, G:!.i 1 157, L!.i

52, 0~7 ±3. 612 H,Sili 33, iii' 11,120 j(j (j(l4

14: o:,±

175, G2::1' I

0, 102~ fl4, :{ti2' 13, Jt;S 47, US3:

5, 71:): 3, i\)/~ 2. o~o:

10, UUli ~ii, (il:'J: 25. 970i 1.-.: • .tmJi

·l ·n' 2~: ~HGi

4. lSI: )..., 2Sli l. tifiH'

J.O.,O, '2::!.1! litl, U:it;l 20. 77~! :n,.tu2! :)~. ~i4:i .)CJ •• l5.1:

i!O li12 152 <:~(

40,Il4li 1. r.;o ~l. -!:l.\1

2:), :l11 :i2. S\JS

1. (,;)f\i 1/i, lili! !.'i, [i82!

I

1~~~~: ~~~~~

3. ',.{I J:l, 4\14] li,ii'f)i

7t_i, 0021

4~: ~;~I 4081

2tl, ~x11 1,;.1],

259. 9:lJi

lg~: ~~~i l,.SI)Ii \1. :J<iSI .uH[ 0, :1X<..;1

213!

:l.OJ\1 54. 222:

11-1 1fl~i,n-H:

2 V42! :< mi

70, tiHl! 31< • .58f>l

4, 4\!~! 4, .lb.>l

~48, 200 1~1.1~oj Lib, 9,3~ 41, 2.>11 3!i, 4:301

4, 4S2! 7. 4~1H[ 4, 730t

7 .. 14s1

! Rl\, 413 lll, 2\12! 7G,121i

1.50, 5ti9i

45,491 35, 652' ~4, 141 36, SS:J 47, 8~8 19.1i4\l ](i, 10\1

'l 'l4''1

Iii: 4~0! 19, 520; 41,532,

3, 851i ], ~15 2.401

10, 8,\:l, 34, 145. :J:J. Oil7i JU, H:)-1:1

zf: ~~~~ 2. 97t)l o, :J,j]: ], 7\J5',

l\19, 404 (i/, tHO 19, 4u.o! 3R, 412, 3S, 1\19 35, 117:

1, R4:J: 1. 5\JHi

·120: 841

3:l, 13:3!

i: ~i~gj 1:1. /()71 HI <J'<SI 1: (J~i5i

lll, 175: 15, 824]

128!

i, ~5~i g, 74~i 1

ll, 189! SR. 27!ii II. 44~1 10, it~ I 15, il771

4,12 32H. OSH! 170, o2XI 24, 578i

l, .18511 10, fll1 4, 013 4. 801

1791 I

4, :J!Jll 59, 40fi

I 43:

250, ()(),\] ;), 2ab 3,108

37, 528 37, fJH9

7, 2l\2 4, 6:J9

30ti, 630 240, 421

.!)H, 795 fi3, 979 ,\\1, 1201 4, 710, 7, 3071 4, 572i

I

fi, 4Hl i 51, (;20i 11,2771 40,:J4:ll

lliO, n;;g; I

47,o:;2: :l8, 645, s\1, 318 40,042 4\1, 27G' 23, 3iiS 29, 62,)

5. 220 1

1\4,2141 20,4W 53, b:~5 2. 994' 1, 5.57 5. 12:1'

14, .\88 4U.nG au, b27 22. 02V

4, 3/U 2~), .S.Sti

.1. (),j;)

ll, :JtJII 3. 717

207. 131 70, :)11)

24. ~H(i 27, 72.5· 45,397: :ls. 1;04

1, 4fi-4 1

]- ~~~~ 1:1: fl~i ~ l ..,_-41

1Jt1:6'w1

1

91, 4:ll 42, 204

2, 549 11, 571,

87.\l fiH, 7,w:

19;)~ 2.1:)[ 21, 3·181

I, .~(12 8, bi.1: ,), (!~01 4. ~.!3j 4,01i:l!

102, t)(Jt),

(), 72-ll 64, 5H31 12, 402; .12, 191,

216, l42i

57. 707 1

1

47, 539' 135, 795 56,398 79, 897 21,527 19,8:12

9. 037; 77, 7/\J, 18,98.5 60, 331 1

1\, 2g:) 2. 650 4, 9G4

13, 591 Jti.ll!4 :H,b27 15, ],)4

,), 340 :37, 11'!3

li, l" (j,(i]]

214, 5112 7.\.tHO 27 . .SS1 21, 777 4f<, 5!10 --to, 795:

1. (),')~! \il2' :rl9i

"()

JO, o:10 91,1105 18. 9lfj: 57, 2:39 I

5, 32,0 '. :3, :Js:; : ;J, sus'

~1: ~:~ i :l2,1ll2 17. o:H 5.912!

:)~. 2Hl .S, :);)7

10. ~:!1 I, SG\J

232, 73ti ~G. 7S7 25,1\80 29. 771 55, Gl3 :J4, ,,,5

fi·1. X01j 58,

~: ~111 ~: ~·~.~lit:: 17,

'1i: [.i\~1 2~: 1 \( ~):371 2U. 17, 4.Slj 2:-.

l, 31i4i l. 1221

31, 7911! 10, G/H: 11, 85\1•

109, 610 101,335 60, 407

2, 199 4, 214

682' 167, 99d 183, 478!

3:: ;~~I n.on:;) 1· ~~n; S, .>kl•!

31141

2, 7021 73, U3.\:

' 27!

2(il, ti(i7i 2, 84S 5, ti77:

58, 31i51 42, 7701

5.42:111 4, 1S:l

6;), 147 1

2\1,5111 29, 104 18,588. 13, 948] 4, 15::q 9, 958[ i, ()29i

8, 42:): 81, ()74!

6. 943i 74, 7311

272 04U' ' i

104,945: \12, 6.\1!

143, inti 5:1,492 90,304 22, lfi:J 22,909

1, 2H,I) 418

28. 1>5S u. fi(\7

lfi, :~22 12fl. 9.12 106, fill)

59, 51~ 70.1

lS,lGI li23

4.11, 1s:1 151, :l.\8 33, 1!:.17

l,4fil In. s:?s 5, 821 5, 114

1G3;

4, H\4 53, 2.\:f

.14: 230, 094

2, fi.Sl: (), 750:

32, 127:: 11,44811

5, ~22: 3, 7~l5i

232, 641i;; 2?U5f1 ~

1\:J, 22\1, 62. li.s:,.

915!i 11,9\191: 12, 518:'

!: 9, 478:' 80, 975;!

Hi, 733:: li4 242 1

'

230:mi i

8\l, 85\1, 78,493::

113,814' 46, 204;' G7, 1\10 :JO, 465' 20. o:Jii

2. 318,1181

IG. 1:32 72fi. 2X7 1Gl. 212 611, 16G

tl2. 35~ {l2, 448 a~. u22

HtJ, 4ll :H\J.25fi 3:)\J, H5fi 2:H.:11-!'

.it). 2tili :Hi,2(i/l

t)l, vu: 101. 2.1n: -Hl .. 11;2

2. 27fi. o~m: 7-!-L~t\0

2UO.:--.:w :ll:J. :l:lti .t).,fi, /{i\)

4-tO. :?U7

11. 422; (J '-,..ffi'

~~:~~A! 5~0. 17~J ;:~. :-;: t7! .-)u. c:-I:

2Hti.::no: :nr.. ;-nn;

1.\ ~.-:n; 2:-Hi. liti\1: ~lt !1791

7. 2t:~i S. 47Gi

21tJ,()27i 111. snu: 111, ~2-t!

l. 4:18. \'2ti 1, lfJfi, l\:S1'

(i(ll, 3\J[): 2:1 7:l41

211: .~I~o.j ' _!li, 0~.~1

f: ~:~~: ~~~! :12:3. 4'!1

2fi .. ~\IIi: l:JI. ]()~ Oii.01.1: ti:~. 170:

2, 41:3! I

9.t ;:-;n: 71x. 28:J·

323 2,0Ll. 12:<

3L lOti'

6t~: ~~~' 49U, 611)1 5\271 1

RFi, :)()/ 2, 230.912, ], ;{73, :l8t',

7H2. 09ti' 31il. :n; 29S. 40.)'

.17, lti7 97, 791 70. 102

82,447 971. 78k J:lO, 0.\1 841, ~38

2,026,441

6.54, 41\J .5-t(), 167

1, J:l.\, 302 474, 109 6fi1, 193 227, iflS 24.1. ~J71

1;, 394 (',1), .521 1:1,434 5Lno

.~. 197 4, 371 :J, 3~7

12,451 29, JO,)

2.'- :no 19, 2.,1 .f. 1)"\9

2n . .t:)~l :i. 1t.u ).,, ~J:)7 :1,:N1

l.SU, fi/.~. 1\2.0/2 2~. 231 2tl, 111 .tO. :)!)4 3!i, ti!:Jl

!L)2 ~:!U 2Sl 47

4:1. 34'i fi. }.~4 4. 923

2-!,1)~-!

2';;;. OfiG 1. :271

1~1. 222 lJ, \:11.)

Cl~ 1 j'(ll;

li'.tll\1 11 \.,•)•)

!1: :ll~ llH, (llO \Hi. :)()j ,~,(I. :)(it)

l, \)';"'". 17' 1 ~.~2

1. T)tl 2~17, 8"-8 lOH. 1!07 2tl. H.i-!

2. 2Jt,; 11' ]';"(i ,\ 501 5. 315

2111

i, ~~7~ .59. S:17

27 217. ~J27

2. ~42 :), \JC4J

5S.tl~)4 41, (i:)fl

4, f,O()

1.1CI9 1'\.'), \!(]~

lH. 44.> Iii),()()~

30. 111 2-t., ~fi7

-!, /li4 ...... 1-t\_1 .~. ~42

1'1,:-.71 i\ll. \1~2 10. ~.,:{:..,

7tl. 1-l.i 1138. ~10

54. o35 4.5, ,114 94, no~ 39. 509 55,09\1 18, !11'1 20. 4\Jo

' 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, to­gether with exp]anatory notes and references to the sources of the data, may be found in the 1940 Supplement to the Survey

INCOME PAYMENTS!

Indexes. adjusted: Total income payments ___________ lf./2U=1UO

Saiaries and wages _______________ .. __ do __ _ Total nonagricultural income ________ do __

TotaL ___ .. _.mil. of dol Salaries and wages:

'fotaL__ ___________ ___ _ _____ do_

1941

Febru­ary

I' ~Hl. s v 9S. 7 v B7. ~

,, fi, 148

p -1,245 Commodity-producing industries_ do_ I p l, G70 Distributive industries____ _do Service industries__ _do __

~~~~~?f-~~n~f~:ages-- _:~~:t~-- :1 Direct and other relieL ____ do ___ _I Social-security beneflts and other ~abor in- i

come___________ _rml.ofdo!__,l Dividends and interest _______ do ___ _ Entrepr~nenrial income and net r~nts and

royalltee... ________________ m!l.of<lol. Total nonagricultural income ___________ (]o ___ 1

AGRICULTURAL INCOME

Cash income from farm marketings: Crops and livestock, combined index:

Unadjusted. _____ .. __________ .1V24-29= 100 _ Adjusted.·------------------ ________ do ___ _

Crops _____________________________ .do. __ _ LiYestock and products ___________ do ___ _

Dairy products. _______________ .. do .. __ Meat animals ....... ____________ do. Poultry and eggs ________________ do __ _

INDUSTRIAL PRODUCTIONt (Federal Re.'frve)

Unadjusted: Combined index ____________ .... 1935-39=100 __

Manufactures. ____________ ._._. ____ .. do.--_ Durable manufactures _____________ do ___ _

Iron and steel________ _ ______ do .... Lumber and products* _______ do ___ _

Furniture* _______ ·---- _do ___ _ Lumher* _______________________ do ___ _

:\1achincry* ___ _ ______ do __ Nonferrous metals*_____ _ __ do ___ _ Stone, clay, and glass products*_ .do __

Ccnwnt_ _______________________ do ___ _ Common and face brick* ______ do ___ _ Glass containers* ______________ do __ _ Polished plate glass ___ .. ______ do ___ _

Transportation equipment* ______ do. __ _ Aircraft* _____________________ do ___ _ Automobiles________ _ _____ .. do ___ _

I

~l~~~~~~ii~-~:;*-_---~ ~ ~ ~~: ~ ~~: ~ ~::~~~~~~~~I

p !);3~

v ~W'2 p 6'2:3 p 1'2'2

v bV

p 150 p 443

p 1 ')')1

"5: 5:So

p 61. 0 p 83. 5 p 66.5 p 99. 5

p 102. 5 p 10'2. 5

p 7~. 0

p 138 p 142 p 167 ,, 172 p 119 p 131 p 113 p 176 v lSI p 112

102

!20 J:ll

J! 200 P7H p 161 p 229 " IS:l p 305 Shipbuilding*- ________________ .do ... -~

Nondurable manufact,urcs __________ do ..... 1

"122 Alcohohcbcverages _____________ do____ 94 Cbcrnicals* ______________________ do ---~ "124

L~~;~;:* ~~~l- ~)_r_o_~~~~~~ ~ :~: ~: ~ ~: ~~g~~: ~: ; gg Manufactured food products* ___ .do____ v 101

Dairy products* _____________ . _do ___ -I p R4 ~Ieat packing ___________________ d0----1 P 122

Paper an<! products* ____________ do·---~--Papcr and pulp* _______________ do _____ _

Petroleum and coal products* ___ do ---,---Coke* _________________________ do----l-Petroleum refining ____________ .do.-- -1--

Printing and publishing* _________ do ____ 1

__

Rubber products* _______________ do ___ _ Textiles and products .. _________ do .... :

Cotton consumption*----- ___ .. do ____ l Rayon deliveries*- ____________ .do. __ -I Silk deliveries* __________ .-- __ .. do.-- -I \Y ool textile production* ______ .do .. _ -I

Tobacco products_____ _ ______ do ____ l

' Revised. • Preliminary.

p 147 p 143

152 p 143

p ()7 p 149

108

89. 7 87. 5 89.6

5, () 4

3. 7-12 I, :339

882 845 536

140 I 95

151 I 447

I, IG9 5, 108

60-5 84.0 81.0 86_ 5 94.0 82.0 80.0

113 114 121 121 101 113 96

123 139

R3 60 50

109 106 139 283 130 103 !51 145

108 84

lll '107 r lOU

99 84

124 116 liS 115 125 113 109 117 115 123 141 65

102 98

BUSINESS INDEXES

88.4 87.0 89.3

5, 987

3, 784 I, 352

900 845 539 148 94

15.) 820

I, 134 5, 519

60.0 76.0 72.5 79.0 89.5 75_0 70,0

1!2 112 121 1!3 107 113 104 126 134 101 88 71

1!7 lll 144 299 134 99

158 162

105 94

ll3 '100 '106

100 95

116 114 114 114 120 1!3 Ill 116 101 ll5 132 66 77 97

8K2 86.2 88.7

5, 965

3, 784 l, 356

900 845 540 113 92

!52 799

I, 138 5, 479

62. 5 81.5 77.0 85.5 89.5 88.0 70-5

112 112 120 106 109 108 109 126 129 114 115 103 116 96

141 306 130 98

141 162

10.) JO() 114 '89 '9! 101 112

m1 120 . 115 118 114 114 114 97

110 127 60

731 105

88. (i 87. 3 8\l. 8

5, G89

3,838 I 391 'uo:s SM M8 137 89

ltiG 472

1, 124 5, 211

66.0 80.0 7:l. 5 85. 5 84. 5 90.5 70.5

116 116 125 123 114 108 117 126 129 !29 140 131 119 91

1:l2 329 118 102 137 172

109 107 113 •86 '86 107 143 117 127 128 jj,)

122 113 119 117 100 109 127

55 85

112

88.71 87-9 I 90- i

G,288 I 3, 871 I I, 419

915 XtiO fi57 120 86

l()fi 1,050

I, 115 5, 821

62.5 70.0 61.5 78.0 82.0 79.0 !i4. 0

121 122 134 !51 ll6 110 119 129 130 129 143 146 117

79 I 131 371 114 106 124 176

112 I 120 110 ! 88 i

'89 I 116 158 123 !30 131 116 131 11:l 119 115 101 !08 131 51 88

124

Hl40

July I August I

I 89.31 88.8 I 91.1 '

u, 103

a, 7fitj I 423 '923 ~.54 452 114 87

lt)7 901

I 182 5: 5G2

75.0 71.0 57. 5 s:J. o 84.0 88.0 65.0

118 118 127 147 Ill 107 112 129 I'll 127 1:!6 147 121

GG 96

394 70

116 117 185

110 112 110 91

'98 120 J64 I

1091 124 123 i 113 !

135 109 103 106 105 109 !34

51 98

112

90.5 90.4 92.3

5, 7Ul

3,841

I, 0~~ B59 455 ]l'j

87

104 485

I, 214 5, 232

79.0 71.0 59.0 81. 5 90.0 82_ 0 65.0

120 120 128 !53 123 liS !26 1:!5 141 133 141 !50 124 93 63

455 23

124 130 202

114 89

112 '104 ' 114

131 144 102 123 121 114 138 110 102 109 Ill 114 137

57 109 110

1194:_

Sep- i 0 1 b I N"oYem-1 Decem· I Janu-tember 1 c 0 er , ber ber \ ary

I I

Ul. 7 ! 91.5 va. o

6, 407

4, 030 1, 562

(140 ~li7 550 Ill 84

150 897

I, 306 5, Sib

95.0 75.5 64.5 85.5 92.0 88.0 u7. o

129 130 144 151 132 127 134 142 !54 139 !50 !Gl

'118 ug 120 50! 89

137 135 213

119 108 116 102 Ill 132 Ill 112 124 120 118 141 114 108 122 118 120 !38 65

120 1!8

I 92. 5 I U2 '' '

G~~~f i !

4, 1781 l,GU·l

UGa 882 I tjoz I 1271 86

!!~ I I

1, 427 i 5, 909 !

IIi. 0 80.5 (i9. 0 90.5 93. 5 94.5 70.5

134 136 155 164 132 133 132 149 !G7 142 154 154

r llU 127 1()7 544 !42 !52 Hl 229

121 IUS 120

T !IS r 102

126 88

127 127 124 118 144 114 113 120 126 129 !44

77 129 120

I ~i: ~ I

94. 7 6, 240

4,169 1, 5H7

9.58 888 609 117 86

144 494

I, 347 5, 570

96.5 79. 5 66.5 91.5 99.5 91.0 74. 5

135 137 !58 166 12G 130 123 !52 172

r 13() 145 147

r 115 129 184 590 161 lti3 !53 219

!21 104 !20 98 9G

116 75

!51 124 !24 119 147 115 112 129

'137 137 15I 87

140 115

I

I '95. 8 i , 97.2 I T 9G. 9

• 7. 390 I '4, 290 'I. G42 I '1. 004

!!110 '!i20 '124 '88

145 I, 573

1, 294 ,. 6, 7g7

Sfi. 0 85.5 72. 0 \18.0

104.0 95.0 89.5

135 139

r lf)2 172 121 J:l3 114 164 172 125 124 125

'Ill 141 1H:J 624 152 1.~()

172 '263

121 9:l

122 r ~H)

'95 115 ~~~

loW 123 124 119 149 115 112 I:ll 140 142 !54

7U 144 98

r ~Hi. ti r 97.8 '97. 3

r fi, 525

'4, 200 'I, 614

949 890

T 616 '131 '89

!55 811

' I, 270 r 5, 975

'74. 5 'R6. 5 r 73. 0

98. 5 99.5

'101. 0 85.0

' 133 137 161 170

'116 123 113

r WS 176

'110 100

'110 144 !Hti

r ()71 151 204

'176 '280

'117 87

'121 104

'10(\ '103

7() 1:!3

'128 127

'120 150 115

'109 142 137 144

r 150 72

136 108

tRevised series. For revised data on income payments beginning 1929, see table 42, pp. 17 and 18 of the October 1940 Survey. For industrial production series, see note marked with a "t" on p. 20.

*New series. See note marked with a "t" on p. 20.

20 SURVEY OF CURRENT BUSINESS April 1941

Monthly statistics through December 1939, to-,1941 I 1940 i 1941 gether with explanatory notes and references --- ---,------,----,----;----.----;-----,----,------,---,----- ---to the sources of the data, may be found in the Febru- Febru·J March I April I May I .rune I July I August I Sep· I October I Novem-1 Decem-~' Janu-1940 Supplement to the Survey ary ary " tember ber 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

Furniture* _____________________ do __ -- p 131 113 ll2 lll 11.5 111 107 114 121 123 127 132 r 137 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

Cement ... ____ .. __ .. _------ .... do 183 106 117 ll5 115 ll2 115 119 '124 126 130 'i40 , 154 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

Transportation equipment* ...... do p 200 138 132 117 117 Aircraft* ____ .. _ ............ __ .do_ ... 741 283 299 306 323

80 100 114 118 111 113 117 137 122 111 107 138 157 162 168 '188 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

Nondurable manufactures ......... do ____ p 12:1 110 106 107 110 170 189 213 220 227 226 261 '289 114 112 112 112 116 119 123 121

Alcoholic beverages* .... _ ........ do ... _ 108 97 97 104 100 Chemicals*._. _______ .. _._ ....... do .... p 124 111 109 lll 114

11:1 108 91 103 103 96 101 105 llt\ 117 115 114 116 117 121 123

Leather and products._ ......... do .... p 107 '99 '94 r 87 '86 Shoes•. ___ ----······· .......... do .... p 111 •101 r 95 '87 '88

91\ 94 '97 95 '97 107 108 ' 107 '101 'iOl '101 99 99 112 'il3 '110

Manufactured food products* .... do_ ... p 118 113 112 111 111 Dairy products*- .. __ .......... do .... p 114 115 112 112 106 Meat packing ... _ ............. do .... p 126 129 128 117 117

Paper and products• ............. do ..... 114 110 116 127 Paper and pulp*_ ... _ ... __ .... do .... 114 110 117 128

Petroleum and coal products* ___ do .... 116 118 115 ll4 Coke* ___ ...... __ .............. do .... 148 123 118 119 123

115 llO 114 109 117 116 120 '115 Ill 113 109 109 111 109 112 116 121\ 116 119 121 127 133 134 114 132 130 124 120 122 125 130 '129 132 130 123 118 121 124 131 129 115 112 113 116 116 118 120 '121 132 139 139 142 144 146 147 148

Petroleum refining ............. do .... --------- 115 117 114 113 112 108 109 112 112 114 116 117 Printing and publishing* ........ do ____ 108 106 108 11.5 Rubber products• ____ --······ .... do .... 150 119 116 115 117 Textiles and products ____ ........ do .... ,, 134 108 100 100 104

Cotton consumption• .. -·-·· ... do .... p 142 115 lOS 107 109 Rayon deliveries* .............. do .... p 146 143 139 137 142 Silk deliveries• _ .. _ ...... __ .. __ do .... p 66 64 64 61 58

120 114 110 108 109 110 112 '111 115 106 109 119 120 126 138 138 107 113 113 116 123 134 140 134 114 121 124 120 126 135 145 138 lH 137 127 120 129 146 155 , 154

51) 57 61 65 71 77 74 69 Wool textile production• ....... do .... v 136 93 77 79 87

Tobacco products ................ do .... 116 106 103 111 110 Minerals._ ....... _ .... _ .......... _ ... do .... v ll~ 114 117 119 117

8!) 100 106 123 132 142 142 134 115 103 106 108 115 113 114 113 118 120 '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<le petroleum ........ ________ do_ ... p 11.) 118 120 118 116

Metals* ____ . ________ ............... do .... p 144 130 133 135 135 !Hi 114 108 114 115 115 113 ' 114 134 139 124 127 135 145 148 '143

r~r.e~·----·_:::::: ::::::::::::::: ~~:::: p 151 140 141 144 143 116 117 118 124

14:! 150 144 132 140 141 142 148 117 120 117 108 119 107 112 116

Zinc __________ ................ do .... 140 130 124 123 119 118 129 125 131 131 134 135 135

MANUFACTURERS' ORDERS, SHIP-MENTS, AND INVENTORIES*

New orders, totaL ........... Jan. 1939=100 .. -- p 186 101 106 110 121 Durable goods._ .... ____ ............... do .... p 273 103 112 liB 141

Electrical machinery .................. do __ . •311 129 129 131 141 Iron and steel and their products ..... do .. -- p 294 81 101 104 14.5 Other machinery ____ ................. do __ .. p 277 119 125 133 141 Other durable goods ..... __ .......... do .. -- p 218 115 113 123 13.)

Sh~~:~~:~~~~t:s:.:••::::::::::::::::::~g•::• p 130 99 101 105 109 p 158 119 121 120 123 p 188 129 131 133 136

A utornobiles and equipment.. ______ do ___ . p 1G4 122 124 127 118

Electrical machinery._ ............... do ....

1

p 205 130 133 142 147 Iron and steel and their products ..... do .... p 198 133 126 121 133 Transportation equipment (except auto-

188 228 235 197 mobilesl.. ................ Jan. 1939~100 .. p 291 Otlw.r machinery .................... do .... p 204 132 142 151 155 Other durable goods ..........•....... do ..•. p 216 122 123 129 138

Nondurable ¥oods _____ ................. do .... p 132 110 112 108 111 Chemicals and allied products ....... do .... p 146 108 111 115 121 Food and kindred products .......... do .... p 119 106 111 107 111 Paper and allied products ............ do .... p 148 119 119 124 137 Petroleum refining ................... do .... p 110 101 108 106 108 Rubber produc-ts ..................... do .... p 159 116 123 130 135 Textile-mill products ___ . ____ ---· ..... do .... p 1.53 108 -------·- ------ -- ---------Other nondurable goods....... . .... do .... p 133 130 133 113 105

133 127 130 164 172 171 172 f' 176 157 159 163 211 235 237 252 '246 168 190 208 228 253 258 294 ,. 2.57 161 151 140 199 211 214 216 ,. 256 15\l 154 167 212 231 209 267 '238 144 162 179 225 269 292 282 '231 118 107 108 133 131 129 120 '132 126 117 124 145 146 148 152 148 140 127 129 158 167 172 184 r 175 107 7.) 41 100 148 v;s 161 155 153 137 143 161 159 178 200 '181 152 146 163 180 175 176 195 '190

180 188 211 244 234 261 336 268 157 147 149 165 162 170 193 '181 137 132 147 171 173 172 167 '163 114 109 119 134 128 127 123 '12·1 121 110 116 138 129 130 124 '142 114 108! 113 131 122 120 112 114 142

1351 129 137 133 134 146 I '142

112 103 103 111 107 112 101 I '110 159 122 130 147 163 164 169 I r 158 92 93 113 136 142 141 g~ i 140

103 107 147 147 132 130 . 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• gether with explanatory notes and references to the sources of the d~ta, may be found in the 1940 Supplement to the Survey

11941 I 1940

. Febru- Febru- i. March I April II May I June I. July I August I ! ary ary i i , : 1

1941

Sep· II October I Novem-1' Decem- Janu-tem ber ber ber ary

TURER8' ORDEJt~, \'lJIIP-MANUFAC MENTS, A ND INVENTORIES*-Con.

Tnventorics, tot ai. .......... Dec. 31, 1938=100. s ......................... do._ .. Durable vood

Automobil Electrical m Iron and st Transporta

es and equipment. ........ do ____ achinery_ ................ do .. __

eel and their products ..... do .... tion equipment (except auto· ______________ Dec. 31, 1938=100 .. mobiles)

Other mach Other dura

incry ..................... do ____ hie goods .................. do .. __ oods ..... _ ...... ____ ...... do .. _

and allied products ........ do ____ Nondurable g

Chemicals Food and k Pn.p{'r and Petroleum Rubber pro Textile-mil Other noiH

indred products ... _______ do __ . allied products ____________ do ____ l refining _________ .. ___ ..... do .. __

1 ~~~~1lct;;:::: ::::::::::: :g~:: ::I lurable goods ..... __ --- .. _ .do .. --1

COST OF LIVING National Industrial Conference Board:

Combined indext _________________ .1923= 100. Clothing _____________________________ flo_ .. __ Foodt _______ .... ___________ ... ____ .. do ___

fr~~~{s~~l!i~ht_~:: :::::::::::::::::::~~-:: i u. s8';';~~~er~mrnt ;,rt;\h'or:'----- ----·--.do.-·- i

Combined index* _________ ..... 1935-39= 100_ --.1 Clothing* ___ ... _______ . ________ . ______ do __ _ Foodt ________________________ . _____ do_. __ Fuel, electricity, and ice* .. ____ .. ____ do __ --~ HonsC'furnishings* ___________________ do ___ _ Rent* ________________________________ do ___ _ Miscellaneous• ____________ ........... do. __ .I

PRICES RECEIVED BY FARMERS§ .

U. S. Department of Agriculture: Combine<! index ____________ .... 1909-14= 100 ..

Chickens an<! eggs ___________________ do ___ _ Cotton and cottonseed_ _ _ .. __________ do __ __ Dairy products .... ___ .. ____________ .. do __ _ Fruits_ .. _____________________________ do ___ _ Gmins __________________________ .. _.do .. __ Meat animals._. _____ .. ______________ do .... '!'ruck crops._ .... _ ........ ------- ... do_--- 'I

Miscellaneous ..... ___ . _____________ .. do __ __

RETAIL PRICES U. S. Departme.nt of Labor indexes:

A nthrncitc ___ . __________ .. __ ... 1923-25= !CO __ B!tuminous cool,_. __________________ do __ __ Foorl (see undPr cost of living above).

Fairchild's inclrx; Combined index .. ________ Dec. 31, 1930= 100 __ _

Apparel: Infants'. _______________________ do __ __ Men's ______ .. ____ .. _____________ .do .... Women's __________________________ do ___ _

Home furnishings ..... _. _______ ...... do._._ Piece goods. ____ --------------- ____ .. do_ ...

WHOLESALE PRICES lT. R. Department of Labor indexes:

1

c~~~~~~~i~n~~~s~i:3 quotations. ) .. 1926= 100.

h~~~~1~~1tfri~l~~~t_s_-_-_-_-_-_-_-_-_-_-_-_-~~::: ~ 3g~ ~: ~ i 8emimnnufactures ________ --------.do __ --I

F'f:fh~t~~~~-~~;l:~~~f~ri_:::: ::::::: Jg_: ::I

p 121.4 p 131.2 p l:l5. 3 p 148.6 p 127.0

p 320. 3 p 128.0 p 110. 8 p 110. 9 p 114. !\ p 104.3 p 111.8

p ~li. () v 137. I p 121.3 p llO. 3

86.1 73. 1 78.8 86.4 87.7 98. I

100.8 99.9 97.9

100.9 100.1 JO.o.t 101.9

103 90 80

118 80 81

130 !56 n

R3. 0 90.3

94.5

97.6 89.3 93. :J 96.0 87.6

80.6

83 . .5 74.0 81.6 70.3 1i4. 5 82.4

BUSINESS INDEXES-Continued

110.0 109.8 108. 9 109.1 108.6 109.2 110.9 112.2 114.4 116. 5 119.3 '120. 8 112.8 112. 6 111.5 112.1 111.8 111.9 115.4 118.4 121.2 124.1 127.9 '129. 7 116. 3 112.7 109.1 105.9 9o. 9 sr.. 6 112.3 128.7 130.6 130.7 134.7 '134. 3 111.7 114.5 114.9 1Hi..5 11;), f) 115.6 llfi. 5 116.7 122. l 121\.8 133.9 '140. 4 111.8 111. 1 110.8 113.6 110. ;; 119. I 120. I 121. I 123.8 126.9 129.4 '128. 5

167.0 1115.6 160.4 164.9 174. 4 185.2 194.7 207.8 228.8 251.9 271. 1 '297.1 111.9 112.4 Ito. 9 110. 6 110.0 110.8 l!O. 7 112.2 114.8 117.6 122. 1 '125. 6 107.8 108.7 107.8 107.0 lOll. 7 10.\. 7 104.5 104.1 104.9 lOS. 9 108.3 '110. 2 107.0 too. 8 106.2 105.8 10.5. 2 106. 4 106.0 105. 5 107. 1 108.5 110. 1 '111. 2 109.8 Ill. I Ill. 5 Ill. I 111. 3 lll.i l12. 4 llO. 7 JlO. I 110. 5 ll4. 1 '114. 2 102.5 100.5 98.4 97. s fl7. 1 100.6 101.7 99.8 101.0 104.6 107.0 '105. 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 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

118.1 I 119. 6 120.7 122.2 I llll. 7 ' 120 .. > I 124.0 125. 51 124. (\ 124.4 126.6 '131. 4 112.4 i ____ --- __ , _____

liS. s i n~:ll 114.9 I 115.0 119. 9 121.4 \19. o I '119. 7 ws.s I 107.3·: JO(i, 0 w.o. 104. fi ' 100.8 100.3 103.2 104.2 106.7 111.7

I I i ·-------------------- ·- -

COMMODITY PRICES

r---~---8\. 1 84.R I 8S.O i3.2 73.2! 73.2 77. 8 i6. g I 77. 4 Bl1. 0 85. S 8.5. 4 Rft. 6 86. 6 Sfl. 7 96. g 9o. 9 1 97. o

101 98 S!i

118 76 91

101 ]."9 107

92.fi

9fi. 6 88.8 91.8 94.1 8.o. 9

78.7

81.4 72.7 79.9 fiR. 7 72.8 65.6

gg s II

102.0 9.o. 11

100.6 100 .. o 104 .. 5 100.8

97 83 85

114 73 92

102 118 101

81.0 89.0

92.8

96.9 88.9 91.9 94.4 86.0

78.4

81.1 72.0 79.7 fi7. 9 73.4 f\7.1

98 82 8.5

llO 81 96

104 128 100

92.8

911.9 88. g 91.7 94.3 86.0

78.6

81.2 73.0 78.2 1\9.4 77.2 68.4

s.o. 2 73.1 i8. 1 84. I Sf\. 7 9i. 0

98 84 83

106 88 92

108 117 101

92.8

91l. 9 SR. 9 91.8 94. fi 86.0

78.4

81.3 72.0 78.3 f\7.9 71.2 69.6

8.1. 5 73. 1 79. I 81.2 86.8 97.0

100 .. o 101.7 98.3 98.6

100.1 104.11 100.6

9.o 81 81

104 104 83

102 ll2 100

i~. 6 85.5

92.9

9i. 0 89.1 92.0 ~4. 5 811.0

77.5

80.5 70.7 77. g llf\. 2 04.4 64.7

-,,o~ 7--- ---:.7----::~---~5. s ~--~-~-~--= m1 731 731 n11 730 730 78. 4 78. 2 ii. 4 77. 2 I 78. 3 78. 7

~t.:~ ~i:~ ~~-~ ~n 1 ~~-~ ~~-~ 98 2 98. 1 98: I 98: i I' 98: 1 98: 1

'i 100. 4 100.2 100. I 100. 7 100. 7

101. 6 101. 6 101.0 101.6 100.2

I 97. 2 Ill). 2 95. 9 1 ' 97. 3 97. S :::::::: 99.3 99.9 100.31100.7 '101.1

I 100.3 100.4 100.6 100.4 99.8 104. 7 104. 7 104. 7 104.9 105. 0

1 101.4 101. r. 101. 1 101. s , 101. 9 I

% 88 80

!OS 89 78

110 98 98

I I

---------1 ---------1

I 92.9 i 9fi. 9 1

89. 1 ' 92.1 I 94.0 8r..o '

77.7

80. g 70.7 77.8 ()(), 5 li0.8 69.8

9fi 90 77

109 79 711

llO 107 107

92.9

97.0 89.1 92.2 94.6 86.0

77.4

81.0 69.8 77.0 65.6 59.3 71.5

97 104 76

Ill 73 77

114 114 95

Rl. 2 sr.. o

93.2

97.3 89. 1 91.8 9ii.O 811.7

78.0

81.5 70.5 77.6 66.2 61.7 72.4

99 112 78

l\6 79 80

112 99

100

Sl. 7 S9. 0

93. 5

97.3 89. :l 92.1 D-1. ~ 8fi. 7

78.7

82.1 71.4 79.4 6fi. 4 fl5.4 70.6

99 120 79

121 71 83

112 9~ 90

82.3 90.0

93.7

97.7 89.3 91.6 n;i. 6 Sll. 8

79.6

82.6 72.6 80.7 68.2 67. 7 69.9

101 1 122 19

128 75 81

111 93

102

~6:g I 93.9

97.6 89.3 92. s 95.7 Si.O

80.0

82.8 73.6 80.7 69.7 67.0 72.7

104 100 80

121 78 84

130 117 104

83.3 90.3

94.2

97.6 89.3 93.0 9.1. 8 87.3

80.8

83.5 74.6 81.3 71.0 67.6 83.0

1926-100 --- 82. 7 80. 8 80. 5 so. s so. 5 79. 8 80.0 79.9 80. 4 81.3 81. 9 82. 1 Commodities other than fArm prod12__cts* I

82.7 73.7 80.2 59.6 83.2

Foods ________________________________ do ____ 73.5 71.1 70.2 71.6 71.4 70.3 70.3 70.1 71.5 71.1 72.5 7351 DairyprodtiCts ___________________ do ____ 79.7 80.0 78.6 77.4 72.8 72.2 73.7 74.3 75.1 77.3 82.3 s4:2 Fruilsandvegetables .............. do .... l 59.4 5.8.7 58.7 65.7 69.2 73.9 69.0 63.2 60.8 58.9 60.4 61.2

c~~~~(iltiesoti:iei-' than farm proditct~~nd- 83. 6 68.4 69. 2 71.1 73. s 70. 7 72.9 76. 1 79. 0 if>. 6 76. 2 77.0

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

n~;~i~~ga:;'da~rr~a~s:::::: ::::::::::~~::::1 ~U ~n ~U ~~: ~ ~~: g ~~: ~ ~g: { gu ~g: ~ ~l: ~ ~g: ~ ~n

cf~~~~~~¥a~d:i~1i~d:~~~~~i~i;;_:~JL::j ~~H ~H ~U ~U ?H ~H ~H ~~:~ ~~U ~~U ~!U ~~U 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 Dru~sandpharmaceuttcalst ..... do____ 96.9 81.3 81.4 81.8 82.0 s

672_.

42J 9S.9 96.2 96.0 95.8 9.5.9 96.2

Fertilizermaterialsf__ ____________ do.... 70.4 71.0 70.6 70.7 70.8 67.3 68.0 68.1 68.1 69.9 70.0

84.3 99.6 91.3 90.8

ll8.4 78.6 85.6 96.5 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 Novem­ber 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 I ary ary , i ,

1 tember

1 , b~r , _b_er ___ a_r_r_

WHOLESALE PRICES-Continued I U.S. Department of Labor indexes-Con. \

Commodities other than farm products and 1

foods-Continued. \' Fuel and lighting materials,., .. ,I926=I00.,

~~;ct~i~ity:: :::::::::::::::::::::::~~::::I. Petroleum products" __ .......... , .. do.,., I

Hides and leather products .... , __ .,do .. .. Hides and skins .... ____ ...... ____ .. do ... .

~~~~~e: :::::::::::::: ...... ,: :::: ':~g::::! House-furnishing goods ........... , "do .... 1

1 Furnishings , ................ , ... _,do .. .. Furniture, ___ , _________ , ________ do .... j

Metals and metal products ___________ do,.,_l' Iron and steel ____________ , _______ ,do, __ _ Metals, nonferrous, ____ , _________ .. do __ --~ Plumbing and heating equipment .. do. ___

Textile products., ___ ,_, _________ ,, __ do, ... Clothing ___ " ___ ... _, ____ .,_,_,, .. ,do,, .. Cotton goods, _____________ ,., ___ ,do,

~~~~~~ -~n~- ~-~~~:~ea~:: _ _ _ _ _ ~g ::: \ ~~1~;1tin -anct-wors!e-ci -iood.s:::: •:: • -~~g :::I

Miscellaneous ., .. ___ , _, .. , ________ ,,do" __ 1 Automobile tires and tubes, __ --- .. do,,., I

Paper and pulp __ , __________ , .. , .. ,do,,_, Wholesale priers, actual. (See under respective I

commodities.) I PURCHASI~g[L~~ER OF THE I

COMMODITY PRICES-Continued

72. I

50.0 I01.6 94.8 94. 5

I07.4 89. I 95.3 82. () 97.6 95.5 84.0 82.2 76.4 87.2 77.5 60.3 29.5 43.3 91.2 76.9 58.2 93.3

I I

72.411 72.2 78.2 77. I i ~6~1 ~K!

102:4 I I01.8 97.0 9l. 3 94.2 93.5

108.2 IOS.4 88.0 88.0

1

.

94.2 94.2 81.5 81.51 95.3 95. 5 9n. 3 96.4

~u ~HI· R4. 9 85. I 73. 6 71.8 1\4.5 62,2 z9. 5 29. 5 1

51.6 49.9 !

~7.2

1 8-U i

~;: ~ I ~~: (; I~ 89. 5 89.0

I

11. s I 76.0 82. o 1

50.4 I

IOI. 81 94.8

93.21 I08. 2 88.4

94.51 81.9 94.5 94.3 79.2 80.9 72.9 84.7 70.2 61.7 29.5 45.4 83.8 77. 7 5S. 0 89.5

I

71.71 73.9 84.4 50.7

IOI. 3 92.2 93,6

I07. g 88.5 9·!.8 81.9 91.5 94.2 80.3 80.6 72. g 85.0 ()9.4 61.3 29.5 47. o I 83.4 77. 7 ,,8_ 0 90.7

I

I 71. ·I I 74.2 87.4 50.0 99.2 81.9 92.4

I07.!! 88.5 94.9 81.7 94.7 94.3 81.2 80.fi 72. f, 85.3 &8. 4 61.6 29. e. 1

4n.I I 83.7 II

77.3 58.2 ' 91. j I

I

I 11. I I 73.3 i

88.2 49.5 99.0 84. () 91.4

I07. 0 88.5 I 94.8 81.8 95.1 94.6 80.8 80.5 72.4 85.3 I 68.8 ' 61.5 I 29 .. 5 43.3 83. g 77.7 58.8 93.5

71. I 72.4 84.5 49.2 96.9 77.I 88.3

107.0 88.5 94.8 81.8 94.9 94.8 79.1 80.5 72.3 85.6 68.6 61.5 29.5 43.0 83. 7 76.7 58.8 93.5

Wholesah• prices ___ , _____________ I923-25=100 __ 1 Retail food prircst, ____ , ____ , ____________ do .....

I I I I I2s.o 12s.o 1 128 .. 5 I 128.I: I28.5 )29.9[ I12299

.. 691· I3o.l 129.2 I30. g i I32. 3 ' I3l. 6 I Il3409 .. 49 I ; 28. 7 I31. 4 142.7 114195 .. "5' I 1.11. 51' 149.9 1: ! 54.8 ll 154.81 I 53. I Prices received by farmers .......... , ... ,do ---~

Cost of livingt ________________________ , __ do __ __ 118. I I I 119. 9 119. 6 119. 3 I Jl8. 9 118. 6 119. 0

CONSTRUCTION AND REAL ESTATE

CONTRACT AWARDS, PERMITS, AND I DWELLING UNITS PROVIDED

I

Value of contracts awarded (F. R. indexes): I Total, unactjustcd ____________ .. 1923-25=100.. v 77

Residential, unadjusted ______________ do ___ 1

"71 Total,_adjusted-.-----------------------do ---~ P~8

Residential ad)usted _________________ do __ • ,g F. W. Dodge Corporation (37 States): l

Total projects .. _____________ .. ____ .number--~ 25,001 Total valuation ________ ... _____ thous. of doL_ 270, 373

Public ownership _________________ do... 96,425 Private ownership ________________ do ____ 173,948

Nonresidential buildings: 1

5! 50 63 56

15, i\95 200, 574 81,666

118, \)08

63 60 62 57

23,920 272. 178 94,971

177, 207

I 731 73 64 62

2n,IOI 300,504 103, 450 197, 054

78 75 64 64

29, 20I 328,914 111, 578 217,336

86 76 74 69

26. 679 324 726 147 316 177 410

93 78 85 77

28,466 398,673 204, 568 194, 105

94 81 90 82

31,512 414.941 195,293 219,648

I 71.0 .

1

73.5 84.8

48.91 98.3 84.0 88.9

107.0 .

~~j 1: 81.8 95.4 94.9 80.7

80. 51 72.5 85.6 69.2 ' 61.4 I 29.5 i 42. s I 84.2 i 76.5 i 58.8 ' 93.21

I I29. 1 l 130.21 151. 5 u8. 6 I

93 82 93 82

31,671 347,651 143,996 203, 655

71.6 71.7 82.4 49.0

I00.4 93.8 90.9

I07.0 88.6 95.0 81.8 97.3 94.9 83.6 80.5 73.6 85.7 71.5 61.4 29.5 44.7 86.3 76.9 58.8 93.2

128.0 I31. 6 148,6 118.9

90 82 9.5 85

34,084 383,069 174, 506 208, 563

Projects ________________________ num bcr __ I 4, I20 Floor area ________________ tho us. of sq. ft -I I9. 718 Valuation ________________ thous. of dol -I 90,058

3, 645 14, 444 73, 735

3, 815 16, 610 88,821

4, 346 16,971 90,I64

4 078 18 028 91. 995

4, 130 23,413

138,954

5, 199 23, 654

119, 189

5, I35 7, 284 23, 431 1 34, o28

IOI, 295 136, 405

R~;~~~l~al_b~!:~~ng~:a-':_t~pes: __ number_ -~19, 746 Floor area ____________ .. thous. of sq. ft .. 29,322 Valuation __________________ thous. of doL_ 116,459

Public works: Projerts______ _ ______________ nnmhC'r __ l 725 Valuation _________________ thous. of doL. 42,242

Utilities: Projects_.----------------- ___ 'Onumbcr_.

1

• 410 Valuation.-- ...... _____ .. __ thous. of doL.

1 2I, 6I4

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 __ Indicated expenditures for: I

Total building construction _________ .do ___ _ New residential buildings __________ c]o ___ _

Additions, alterations. and repairs .. do ___ _ New nonresidential buildings ______ do __ --~

Estimated number of new dwelling units pro­vided in all urban areas (U. S. Dept. of I Labor):t

TotaL ____ , ___ , _______________ , ___ . number __ !-family dwellings ____________________ do._ 2-family dwellings'" __ ............. __ . do Multifamily dwellings _______________ do_

Engineering construction:

63.4

39.9 43.6 24.4 43.8

Contract awards (E. N. R.)§ ___ thous. of dol _1

435,401

HIGHWAY CONSTRUCTION I Concrete panmrnt contract awards:

T~~rg~ts*:~:~~~~::: ::::::-::: t~ou~. ~1t :· i Streets and alleys ___________________ do ____ i

2,083 227 819

1, 037

II, 807 19,107 74,858

i'62 42, fi29 I

174 1

12,222 1

54.6

36.I 37. 1 23. I 48. 1

19,053 31,078

121, 708

I, 008 58,905

2I4 17,830

68.2

43.6 47. I 26.4 52. 4

, 24, o% , :n. 13:J ' 15 886 ' 23, OfiH

r 1: UK~ r 1, 027 r G, 25() r G, 138

270, 928

3, 2\121' 171 2, 2\17

825

179, 83fi

2,607 121

I, 827 659

20, 594 33,459

135, 420

I, 512 ()2, 881

ISO 13,3821

82. 7

52.1 57.4 29.5 64.4

'37, 308 r 27.514

r 2. S27 r G, 9G7

211,816

4, 12I 63

3, I70 888

22, 939 :JG, 312

145,912

I, 733 81,261

183 I 11, 577

79.6

52.8 58.5 30.4 62.1

':J6, G:l6 '27, 449 '~. :l52 '5, s:J5

282. 2\J(j

i, 584 48

5, 496 2,04I

20. 584 33, 537

135, 274

I, 789 74, 433

22s I 23,024 !

(3.0

46. 6 4.1. 2 30.9 69. I

22,387 36,227

140,430

I, 686 85,681

263 33,608

79.5

55.9 56.4 39.5 65.8

r 2R, 83,) r 3fi, 307 ' 23, 293 ' 28, 040 ' 2. 081 ' 2, 948 '3,l!H '4,:ll9

252, ifl3

6, ''56 468

4, !)75 I, :·13

347, R52

5, 478 25I

3,406 I. 82I

24,277 38,987

152,988

I, 685 119,358

35I 23, 40G

80.4

55.5 55.5 40.8 60.4

24,758 4I, 630

152,372

I, 339 59,898

439 34,086

86.2

51.4 60.5 28.I 60.5

'35, 813 '37, 487 r 28, 638 r 27,006

'2981) '3,944 r 4: 189 r 6, 53/

397,253

7, 285 868

4,049 2, 368

368, 252

5, 788 I, 045 3,I70 I, 574

24,888 40, 778

148,469

I, 482 73,220

430 24, 975

98.0

78.0 69.2 69.81 57.0

41,899 29,061 3, 436 9, 402

702,842

6, 882 922

3, 673 2, 287

'Revised. • Preliminary. §Data for February, May, August, and Octo her 1940 and January l\I4I are for 5 weeks; other months, 4 weeks.

71.9 73.3 80.51 49.3

I02. 31 !01. 2 9~. 2 I

101. I 1 88.6 ' 95. o

1

. 81.8 97.6 I 95.3 ' 83.9 i 80.5 I 74. 5 i 85.7 1

73.6 1

61.51 29.5 42.8 ' 88.81 77.5

58.61• 93.1

125. 61 131.9 148.6 118.91

99 83 Ill 87

31,528 380, 347 194, 591 185, 756

6,144 33,890

148,367

24,009 42,151

152,838

921 51,430

4.54 27,712

67. 4

60.8 47. 4 60.3 43. 5

30,352 22, 509 2, 333 5, 510

382,724

5, 050 1,195 2,I97 I, 658

71.7 ! n.4 78.2 ' 49. 5 I

102.3 ' 99.3 94.1

~~u! 95.1 i 82.2 97.6 95.4 83.4 so. 5 74.8 85. 5 ' 74,9 I

60. 7 29.5 42.5 89.0 77.3 58. 3 93. I '

125.9 130.0 145.6 118.3

72. I

77. 5 50.0

102.4 99. I 94.4

107.4 89.0 95.2 82.6 97.7 95.7 83.6 80.5 75.2 86.6 75.8 59.9 29.5 42. 5 89.2 77. 1 58.2 93.1

I24. 7 129. 4 141.4 118.2

93 '84 77 riO

115 ' 103 90 '84

34, 959 ' 21,462 456, 189 305, 205 257, 693 Ill, 124 198,496 I94, 081

8, 746 42,129

I82, 618

24.176 48,183

159, 275

761 73, 447

476 40,849

66.2

63.4 45.6 67.4 40.2

28,543 20, 773 2,042 5, 728

398. 704

3,438 23,918

118, 757

16, 936 28, 450

111, 306

8I2 59,622

27f.i 15,520

63. 7

41.8 43.8 27.5 43. 7

4, 496 4, 967 644 832

2, 262 2, 814 1, 59n I, 32 1

*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· gether with explanatory notes and references to the sources of the data, may be found in the 1940 Supplement to the Survey

1941 -~ .· 1940 I 1941

Febru· Febru·l March I April I May I Jnne I July I August I Sep- I October I Novem-1 Decem-~' Janu-ary ary 1 , 1 . tern ber ber ber ary

CONSTRUCTION AND REAL EST ATE-Continued

HIGHWAY CONSTRUCTION-Continued I Status of highway and grade crossing projects i

administered by Public Roads Adrnn.: I Highways: 1

Appro\-ed for construction: Mileage ____________________ no.ofmilcs I Federal funds _______ .. ____ tho us. of doL.

Undrr construction: Mileage___ _ ______________ no. of miles __ FrdPral funds _ _ _ _ thous. of doL Estimated cost_. _________________ do __ _

Grade crossings: Approved for construction:

Federal funds ____ _ ________ do ___ _ Estimate<! cost._ .do ___ _

3,100 36,477

7,413 115, 932 232, 054

10, 331 10,719

4, 264 46,677

fi, 966 92,864

185,954

12,617 13,193

4, 782 47,619

6, 347 98,4.12

196,974

12,133 12,908

Undrr construction: I Fedrrnl funds _____________________ do ___ _ Estimated cost ____________________ do ___ _

33,226 34,715

3I, 167 32,775

I

31, 787 33,212 I

CONSTRUCTION COST IN])EXES ;

Aberthaw (industrial huilding) ______ l914=!00 __ American Appraisal Co.:t

Average, 30 cities _________________ 1913=100 __ Atlanta___ _ _______ do ___ _ New York _______________________ do ___ _ San Francisco__ _ __________ do ___ _ St. Louis_ _____ __ ___ do ___ _

Associated General Contractors (all types) 1913=100 __

E. H. Boeckh and Associates, Inc.:§ Apartments, hotels, and office buildings:

Brick and concrete: Atlanta __ ·------- U.S. av., 1926-29=100 •. -New York _________________________ do ____ -San Francisco _________________ . _do ___ _ St. Louis______________________ do ___ _

Commcrical and factory buildings: Brick and concrete:

Atlanta_ ____ do ___ _ New York ___ ._ __________ do ____ -----San Francisco __ -- _______ do ___ _ St. Louis ____ _ _______ do ___ _

Brick and steel: Atlanta. __________________________ do ___ _ New York _______________________ do ____ -

212 209 231 I94 216

193

San Francisco________ _ ________ do ____ ---------St. Louis_ _ __ do ___ _

Residences: Brick:

Atlanta ________________________ do ____ ---------New York ________________________ do ___ _ San Francisco ______________________ do ____ ----S\. Louis ________________ . ___________ do ____ --

Frame: Atlanta ___________________________ do ____ --New York _________________________ do ____ --San Francisco ______________________ <lo ____ --St. Lonis __________________________ do ____ --

Engineering News Record (all types)§ I913=100__ 250.7

Federal Home Loan Bank Board: Standard 6-roorn frame house:

Combined index ____ .. ____________ 1936=100 __ Materials _____________ . ________ ---_ do_ Labor ______________ ·---------- __ do. __ _

REAL ESTATE

Federal Housing Administration, home mort­gage insurance:

114.6 111.0 121.9

203 191 221 184 211

187

96.0 131.0 118.0 !18. 8

98.1 133.7 122.7 119.9

96.8 130.3 118. 1 118.6

88. 1 124.4 105.8 109.8

85.3 123.6 100.2 106.5

238.3

106.5 104. 5 110.3

191

202 189 22I 183 210

187

96.5 I31. 3 liS. 0 119. 0

98. 1 I34. 0 122.7 120.0

96.8 130.6 1!8. I 118.8

88.5 124.8 105.8 110.9

85.7 123.9 100.2 107.9

238.3

106.4 104.5 110.3

Gross Inortgages accepted for insurance tlwus. of doL 52, 116 44, 980 63,602

Premium-paying mortgages (cumulative) thous. of doL 2,846,467 2,086,518 2,132,70I

Estimated new mortgage loans by all savings and loan associations, totaL __ thous. of doL_ 82,330 71,522 90,368

Classified according to purpose: Mortga!(e loans on homes:

Construction ______________________ do ___ _ Home purchase ____________________ do_ Refinancin!( _____________ -------- __ <]o ___ _ Repairs and reconditioning_~-~-----do ___ _

Loans for all other purposes _________ do ___ _ Classified according to type of association:

Federal _____________________ thous. of doL_ State members·- _____________________ do ___ _ Nonmembers _______________________ do ___ _

Loans outstanding of agencies under the Federal Horne Loan Bank Board:

26,483 30, 283 14,204 :J, 573 7, 787

35 645 35:301 ll, 384

20, 152 25,389 l4,59C 3, 437 7, 954

29, 786 28,941 12,795

2f>, 711 32, 168 16, 769 4,657

10,063

38,241 36,484 I5,643

FedrraJ Savings nnd Loan Ass'ns, cstin1ated 1

mortgages outstanding_. _____ thous. of doL 1,57~,543 1 ,2~6,464 !,317,~7f> Fed. Home Loan Bks., outstanding advances

to mcrnher institutions _______ thous. of doL_ 156,899 144,515 137.642 Home Owners' J,oan Corporation, balance of

loansoutstanding ___________ thous.ofdoL 1,929,346 2,026,614 2,021,951 Foreclosures:

Nonfarm real estate ______________ I926=IOO .. Metropolitan communities ___________ do ___ _

Fire losses ______________________ thous. of doL_

87 ~3

26, 102

103 112 99 104

34,410 ! 29, 789

I

I

"''" I 46,922 I 7, 306

lOti, OG3 21l.li30

9, H10 10,420

34, .126 35,819

-- ---

203 190 221 I83 210

187

96.6 131.9 117. 1 118.9

98.2 134.6 121.9 119.9

97.0 131.3 1!5. 2 !18. 7

89.4 125.9 105.8 110.4

86.8 124.4 100.2 107.2

238.9

106.2 104.3 110.0

4, 64.1 50,515

8, 388 1111, 864 230, 8!9

10,328 !1, 394

36, 458 37,751

---

202 191 220 184 208

187

96.7 13L 9 117.2 118.9

98.3 134.6 121.9 120.4

97. 1 131.3 115. 3 119. 1

89.5 125.9 106.2 110.8

87.0 I24. 4 100.5 107.8

24L 6

106_ 2 I04.4 109_ 9

4, 731 50, 724

8, 915 121, 2-!8 242, 42.5

10, 119 11,094

37,013 38,239

193

202 191 220 184 208

188

96.5 132. I 114. 5 118.8

98.2 135. 5 117.8 120.3

96.9 13L 1 113. I liS. 9

88.8 125.4 104.3 110. I

86.1 123.6 98.6

106.9

242. 2

106.2 104.4 109.7

4, 034 43,925

9, 612 126,761 2.53, 523

9, 6112 10,596

3i,tl82 39,010

202 192 220 184 209

188 '

96.6 132.3 114.9 Il8. 8

98.2 I35. 5 118.2 120.3

96.8 131.2 114.0 118.9

88.5 124.4 104.4 !10.1

85.7 122.3 98.8

106.9

242.2

10fi.O 104. 3 109.5

I

3, 902 41, 210

9,439 128, 737 257, ,)67

9, 496 10,198

38,323 39,674

2021 192 220 184 209

189

96.8 132.6 !15. 1 !19.0

98.4 135. 7 118.3 120.4

97. 1 131.7 114.3 119.2

89.6 I26. I 105.8 !11.2

87.2 124. 5 100.8 I08. 3

244.1

106.2 104.4 109.7

3, 578 37, 242

9,390 131,614 264, 589

9, 779 10,214

35, 9751 37' 543

194

206 195 225 190 2121

189 i

97.3 132.8 115.3 119.4

98.7 135.8 118.4 120.6

97.8 131.9 114.6 119. 7

92.3 I27. 2 107.0 113. 3

90.6 I25. 9 102.2 111.0

245.0

107.0 105.0 l!LO

3, 030 32,3.16

8, 906 127,2.10 256,691

9, 473 9, 85.5

3.1, 83\ 37,226

2, 892 33,555

8, 236 121,566 244,4()4

9, 081 9, 307

34,813 36,352

208 208 198 198 227 228 191 191 214 2I4

191 192

98.0 98.0 132.9 132.9 115. 5 !15. 5 120. 2 120. 2

99. 1 99. 1 135.8 135.9 !18. 6 liS. 6 120.7 120. 7

98. 7 98. 7 132. 2 132.3 114.8 li4.8 120. 5 120. 5

1~~: ~ I 1~~: ~ 107. 8 107.9 117.6 117.6

95.6 95. 6 126. 7 127. 2 103. 1 103. 3 li6. 6 116.6

247. 2 249. 1

108.7 106.5 113. 3

110.6 107.8 116.3

i

I 2, 926 I

35,949

7, 536 113,922 228,840

10,123 10,781

32,483 34,001

I95

212 202 230 194 217

193

98.3 133.5 !16. 1 120.5

99.3 136.3 li9. 0 121.0

99.0 132.9 li5. 5 120.9

96.7 I30.2 109.9 !18.4

96.2 129.7 105.8 !17. 5

249.7

112.5 109.1 119.2

3, 047 36,845

7, 315 !13, 671 227, 763

10,573 !1, 065

32,072 33,592

212 208 23I 194 216

193

98.7 133.8 116.9 120.8

99.6 136.5 li9.6 121.2

99.4 133.2 117.2 121.1

97.7 130.7 112.5 118.6

97.5 I30. 3 109.1 I17. 7

250.5

I I3. 6 109.9 121.3

~~~~~~~~~ ~~ ~m ~~ ~~ ~~ ~m ~m 2,180,413 2,233,991 2,288,348 12,348,663 2,411,632 2,479,964 2,559,984 2,ii28,85I 2,706,353 2,785,138

!OS,OOI 114,542 106,984 li4,301 117,622 111,775 li4,400 94,567 88,553 80,440

33, 764 36, 956 35, 523 37, 821 42, 049 38, 402 20,859 18,034 17, 147 6, 097 6, 896 5, 691 9, 460 10,607 10, 22I

46, 5771 49,287 47, 4a5 43,015 I 45,803 42,214 18,409 19,452 17,335

39,907 40,658 17,649 6, 115 9, 972

48,676 45,414 20,211

42,488 40,567 17,762 6,079

10,726

50,305 46,807 20, 5!0

I I 1,34~.072 \1,376,700111,405,10011,432,100 II,461,867

133, 8!1 1137,509 157,3971162,222 168,402

2,020,:;: 112,0!7,;:: .112,012,:~: 112,004,::: 11,996,:::

108 119 108 108 I 105 26, 657 i 23,447 19, 506 . 20,323 20, 722

39,417 40,947 15,483 6,283 9,645

41,610 40,771 16,840 5, 756 9,423

32,584 33,875 14,441 4, 869 8, 798

30,032 31.4ti5 I4, 575 4, 248 8, 233

26,662 27,809 13,645 3, 784 8, 540

46, 480 48, 307 38, 896 37, 715 34, 360 45,988 46, 224 40, 143 36,729 33,947 I9, 307 19, 8691 15, 528 14, 109 I I2, 133

1,487,974 1,515,39211,533,246 1,546,270 11,564,168

176, on 181,526 t8s, 547 I 201, 492l11o. 849

1,987,61111,980,704 1,968,816 1!,956,26811,942,427

m m Io3 1 99 1 on ~I ~ 1 w w 90

21,I98 22,091 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 Engineer­ing 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

1940 1941 Monthly statistics through December 1939, to-~1941 I gether with explanatory notes and references ---

1 1 1 1 1 1

to the sources of the data, may be found in the Febru- Febru- March I April May I June July I August Sep· October Novem- Decem-[' Janu-1940 Supplement to the Survey ary ary ternber ber ber ary

~--~----~--~----~----~--~---

ADVERTISING

Printers' Ink indexes, adjusted: Combined index ________________ 1928-32=100 __

Farm papers _______________________ .. do ___ _ Magazines. __________________________ do ___ _ Newspapers ________________ . ___ . _____ do .. __ Outdoor __ . ________________________ .. do. ___ Radio. ______________________________ .do. __ _

Radio advertising: Cost of facilities, totaL .. ______ tbous. of doL

Automobiles and accessories _________ do_. __ Clothing _____________________________ do ___ _ Electric household equipment ________ do ___

~~~~~~i~10ci -J).;;erages: -coilieciia;;s--~: 3~ ::: j House furnishings, etc _______________ do __ _ Soap, cleansers, etc ________ . ___________ do ___ _ Office furnishings and supplies _______ do __ __ Smoking materials _________________ do ___ _ Toilet goods, medical supplies .. _____ . do ___ All other... ________________________ .. do ___ _

Magazine advertising: Cost, totaL _________ . ______ . __________ do. __ _

Automobiles and accessories__ _do ___ _ Clothing_____ _ ___ __do .. Electric household equipment _ do_ FinanciaL___ ________ .do ___ _ Foods, food beverages, confections . do _ House furnishings, etc.__________ do __ Soap, cleansers, etc______ .do __ _ Office furnishings and supplies_ _ _ do _ Smoking materials_____ _ ___ do Toilet goods, medical supplies ______ do Allother_______ _____________ do

Linage, total ___ .. ____ _ ____ thous. of lines. Newspaper advertising:

Linage, total (52 cities) _________________ clo ___ _ Classified. __________________________ do ___ _ Display, totaL ........ ___________ .... do .. __

Automotive ...• _. ___________ . ______ do ___ _ FinanciaL _________________________ do. __ _ GeneraL ______________ . ____________ do ___ _ RetaiL .. ______ . ___________________ do __ _

GOODS IN WAREHOUSES

Space occupied in public-merchandise ware-houses. _______ . __ . ___ . __ . ____ percent of total

NEW INCORPORATIONS

Business incorporations (4 States) .... number __

POSTAL BUSINESS

5U. 4 80. ~ 8(1.1)

8, 14\1 70.~

GU 1

~J5 2, 311

47 915

0 1, 203 2 o5u ':wo

12,622 1, !)64

5!)2 2cl;) :;,o

2, 1!18 4:Jo 43f> 21\J 700

2, 1:-)5 :J 602 z: :ll9

g:;, 9G:J 20.690 70, 2i2

5, 250 1, 402

14, 80G 51, 784

1, 712

Air mail: Pound-mile performance ... millions .. --------­Money orders:

Domestic, issued (50 cities): Number ______ ---------- ________ thousanrls__ 4, 496 Value ________________________ thons. of doL 46,005

Domestic, paid (50 cities): 13

, ;,:;o Number--------- _______________ thousands __ Value _______________________ thous. of doL 104,754

Foreign, issued-value~_______ do __

R5Ze;gl;~t~;r~~;~s________________ do_ 30,536 50 industrial cities_________ do_ a, 177

RET AIL TRADE

Automobiles. value of new passenver-c·:u :-ales: lJnadjusted _____ ··-- _______ 1D2!:!-31=10fL Adjusted. _do_

Chain-store sales, indexes: Chnin-Btore Age, eornbined index (20 ehains)

av. same month 1929-31=100_ Apparel ehoins .. ___________________ do __ _

Drug chain-store sales:* Unadjusted _________________ !935-3ll=l00 Adjusted_ _ ___________ do

Grocery chain-store sales: -l'nadjusted __________ .1929-31 = 100 Adjusted _________________________ do ..

Variety-store sales, comhined sales, 7 c·hains: t Unadjusted ________________ .1935-39= 100 Acljuste<L _________________________ do_

Chain-store sales and stores operated: Variety chains:

H. L. Green Co., Inc.:t I ~ ~~~~;s-ope-ra-te-cL- _- _ _ _ _ _ _ _ ~~1-~~~-u~1l!~:- ~ "· 1-<. Kresge Co.: I

f'a)es ___ . ________________ thous. or c~oL.I Stores operated. __________ . _____ number __

S. B. Kress & Co.: I' Sales _______________________ thous. of doL_ Stores operated ______ . _________ number __

McCrory Stores Corp.: Sales _______________ ----- ___ thous. of doL_ Stores operated _________________ number .. l

1:JO. 0 133.0

v 99. I "lOG. U

p 123. ti p 123. ()

p 91.5 p 115. :J

2, 99{) 14\J

10, 150 ()75

6, 222 24~

3, 224 HJ9

82.7 60.7 80.0 77.1 77.2

306.2

7,800 034 32

0 5U

2 663 ' 87 902

0 I, 11\J 2, ll~-l

220

12,314 1, ljt6

,)90 23V an c.

2, 1=~ ·1/;_l

·lib Juu FlVb

2, ~HJ(j a, :~j(j 2, 043

93,240 19, 2iJ5 73,945

4 224 1:494

15, 740 52, 487

71.7

1, 96ti

1, 500

4, 2-16 3iJ,U65

12,945 95, 124

1, 4ti7

29,736 3, Uli3

100. 7 130.8

114.0 I!V. 0

95.5 98.7

112.1 111. 5

83. 5 105.3

2, 774 15!

9, 54:1 675

5, 603 239

2,998 201

DO.MESTIC TRADE

85.3 59.0 81.8 79.9 83.6

281!. 4

8, 208 670 45

0 62

2. 7:17 su

\!01 0

1, 1~0 :z,:.no

21-!

!G, 261 ~. 4b:J 1, lJ~j

5?)5 4j8

2, -±77 7:JO 4U7 2ti3 o24

2, 713 -1, 1:!-t 2, 77iJ

114, 255 2~. 945 91, :J09

5,ti20 l, 799

17, ()45 uti, 24ti

73.0

1, 998

1, 6b2

4,664 42, 937

14,373 lUll, 197

1, 775

84.7 66.4 83.0 78.1 87.2

2\!0. 8

7, 728 722 :n

0 74

2, 3SU 80

Vl:! 0

1, HJO '} l')j' ... , 201)

1 ;, 312 1

2, H~ti 1, 0~4

7-17 "81

2, 2b:, 1,100

4(i8 HU 6(i3

2, 5iG 4, i5H 2, 72:)

111,989 23, 083 88,900

7, 007 1, 838

17,824 ti2, 237

72.1

2, 250

1, 628

4, 503 41, 548

13,624 00, 793

1, 450

32, l\57 : 31,615 3, VVJ : 3, U23

133. \! 11:!. 5

110.0 12/i. 0

1()2. 2 102.7

112.0 110.9

9(), 3 105. 4

3, 846 lb1

12,206 675

6,897 239

3, 888 202

145. 1 11:!. 5

115.0 122.0

96.6 99,9

113.2 10\J. 9

\12.1 103.2

3, 270 151

10, 4f!S 675

6,401 ; 239 j

3, 246 ! 203

I 89.31 69.1 85.1 83.2 86.2

325. ~

7, 928 728 50 0

U2 2,380

HO 9ti3

0 1, 283 2 109 '224

16. 40·! 2, 74-l

\t25 812 H1

') •)]')

1: J:l4 514 235 702

2, 32,) 4. 37~ 2, 430

119,883 23, 93(i 95,948

7,812 1, 477

19,427 67,231

72.2

2, 087

I, 683

4, 309 40,028

13,928 103, 120

1, 430

32, 2G5 3, /~tj

161. 104.

117.0 1:!3.0

fi8. 7 102.1

114.0 112.3

lll1.7 lOfl.:.?

3, 751 151

11, sJ.o 675

6, 838 239 :

3, 507 ~ 203

84. (i 52." 85.8 76.9 82.0

.J08. 4

'i, 08G 680 54 0

o1 "o:N .. , s5

84<i 0

J, 15i 1 ~r>u '2is

!.\, fl48 2, 410

bOi l);)j

504 2, 3~11

b2ti ZH.ti 1;JU bfi:l

2. -!:.:0 4 Ou9 2014

to:J. 290 2:3,216 80. 074

b, 0:39 I, 485

17, Uti9 55, bSO

'il. 7

1,619

1, 597

4, 151 38, 218

13, 138 \)/, !35

1, lti2

28, !IG8 3, ·151

14::. 5 1~~~. 7

1H'.0 m.o ~~. 5

!OJ. 8

112.8 Ill.!

99.5 104.4

3, 7:H 1.)1

11, 6•:3 6:'6

6. 310 2<9

3, fill 203

84.1 58.5 88.4 74.6 86.4

416. 5

7, 137 498 35

0 94

2,0\J5 87

977 ()

1, Hl3 2, 002

!58

10, 7H7 1, 43\J

231 201 343

2,138 304 4J:;

80 762

1,vm' 2, 857 1, 706 1

84,440 21,194 63,246

3, 628 1, R27

13,043 44, 748

71.0

1, 710

1,634

4, 226 40, 144

13,106 100,955

1, 519

27,626 3, 5tj5

118.3 119.5

119.0 132.0

99.4 103.8

109.9 112.2

97.6 106.5

3, 334 1.11

10,4.18 677

6, 514 239

3, 334 203

87.4 63.0 79.9 80.4 89.4

4!6. 3

6, 842 489

33 0

90 1, 889

7B U07

0 1, 224 1, :S~'i

235

10,005 1, 21.1

487 149 283

2, 004 2:35 382 188 698

1, 70V 2, 65ti 1,888

92,041 21,964 70,077 3, 619 1.196

12,046 .13. 216

72.5

l, 627

1, 719

4,134 39,472

13,106 102,390

1,494

28,974 3, 568

70.9 120.2

122.8 134.0

102.2 107. G

110.0 114.6

95.8 109.2

3. 6.07 !51

11, 757 678

6, 691 239

3,626 202

86.4 58.3 80.9 79.4 87.7

396.8

7, 273 5U6

[j;)

0 87

2, 018 \!1

874 0

l, 1GY 2, 088

385

13, 035 1, 611 1, OGI

281 378

2,140 825 429 305 790

2, 147 3, Gt\8 2, 410

106, 701 22,328 84,373

5,035 I, 322

14, 546 63,469

72. 1

1, 537

1, 673

3, 901 39,041

12,469 99,008

1,248

30. 325 3, 572

fi7. 71 118. 7

121.0 137.0

98.6 102. 7

l!O. 2 112.4

103. 9 108. 1

3, 536 149

10, 870 681

6, 839 239

3, 377 ' 202 i

85.4 66.1 83.0 78.8 78.8

I 84.91 66.7

62.5

92.1 73.9 80. i 87. () 84.4

82. ,, 63. 4 72. ti 77. 7 79.8

355.9

9,832 742 50 0

H2

85.31 79.7

340.1 ~--9,016

724 74 0

91 I

---

n, 307 g.~;

(i3 0

97

'9, t:l(J i~t;

ti(J

(•) 110

'2, 584 6U

r ], 052 17

1, 41G r 2, D41

396

2, ;;ao 103

1, Oll 2

1, 302 2, 609 1, 390

16,626 2, 742 1, 216

52.1 452

2, 440 1, 177

441 21\) 77()

2, 4:33 4. 307 2, 432

118, 784 22, 786 95,997

6, 471 1, 606

18, 511 69, 409

72.6

1, 632

2, 480 I \!3

~:;~! I' 943

I 15.861

1

. 2, 427

Si8 53! -132

2, 5S2 94.) 471 248 874

2, 295 4.180 2, 460

113, 191 21, Oil 92, 119 4, 973 1,359

16, 796 68,992

'73. 9

I, 479

I, 8G6 1-- ___

4, 527 42,719

15,095 119, 500

1, 4/g

35, 233 4, 194

J.\0. 1 133.4

120.0 132.0

104. 7 103. 2

112.4 111.8

108.0 109.7

3, 992 150

7, 514 241

3, 768 202

4, 373 41,646

14, 177 Ill, 864

1, 843

33,201 3,686

147.9 128.6

124.0 136.0

J0.5. 2 105.3

115.3 115.3

112.9 109.7

4, 395 !50

13.290 684

7, 659 242

4, o.os 202

:2, f',\)4 105

1. 001 . 17

1, 3/Ci 2. 62ti

5Q:J

13, f,~g 1, 270

74,') G·W 33(i

2, (Ul;:) fib-! 240 341) ljS2

2. OX! 4, 5.18 1, Gill

122, 78{1 21,918

100, 81i8 4, 124 1, 742

13.519 81,452

75. 1

r b, 714 1, fl?iU

305 94

321 ], t~l5

2f)5 ,. 19!1

137 U'i:l

r 1, 177 2. ,.,~2 1, f>8~

9:), 171 21, 35:; 71, Sib

:;_ (j(i3 :!, 295

12, 544 5:J, 315

1, 792 i 2. 084

4, 914 45, 154

15,876 123,4:30

1, 7l'J

45, 390 5, 50\)

136. 2 121. (i

128. (I 14~.0

'140. 3 '103. 8

120.8 117. 2

22.i 2 110.3

7, 972 !50

2·1, 683 684

15, 732 242

8. 028 204

I

4. S/9 44. 982

14 • .141 111, ()38

1, 328

32, 316 4, 001

r 12\:1.1\ r 154. 3

124. 0 13:J. 0

' 104. 1 r 106. 7

IJS. 4 r 122. 1

'so. 5 '110. 0

2, S(Kl 150

9, 409 6/b

.), 921 242

2. 926 199

'Revised. v Preliminary. a Less thnn $500. tRevised series. Revised indexes of variety store sales beginning 1929 appear in table 30, p. 10 of the August 1940 Survey. H. L. Green Co. data revised beginning

February 1939; for an explanation of the revision and revised data, see notes marked with a "t" on p. 24 of the September 1940 and December 1940 Surveys *New series. For data beginning July 1934, see table I, p. 11 of the November 1940 Survey. ·

April l!l41

Monthly statistics through December 1939. to­gether with explanatory notes and references to the sources of the data, may be found in the 1940 Supplement to the Survey

RET AIL TRADE-Continued

Chain store sales and stores operated-Con. Variety chains-Con.

G. C. Murphy Co.: Sales___________ __thons. of dol__ Storesoperated _______________ number ..

F. W. Woolworth Co.: Sales _______ . ___ _ Store:-; opf\ratrd_

Other chains: \Y. T. Grant Co.:

Sales .. ___ _ Rtores operatPct

J. C. Prnncy Go.: Sales __ Stores operated __

Department stores:

tlwus. of dol __number_

thnus. of dol _nmnbt'r_

thous. of dol _ _______ number __

Coiiections, ratio to accounts rcceh-able: Instalment. accounts ______________ perrcnt Open accounts_ _ ________ .do __

Sales, total U.S., unadjusted __ 1923-25=!00 Atlantat ______ l9:lS-39=100 Boston_____ ... 1923-25=1011. Chica~o___ __ ______ do __ _ Cleveland_ _ ______ do ___ _ Dallas _ _ ______ do __ _ Kansas City__ _ ______ 1925=100 _ Minneapolist. ___ !93o-39= 100 . New York___ _ ___ HI23-2!i=IOO Philadelphia do Richmond__ _ do St. Louis___________ do _ Ran Franci~co ___ ____ __ _ do

Sales, total ll. ,;_, adjustc<lt do __ Atlantat W~!i-:W=IIIU Chicago__ ___I\J2:l-2!i= 11~1 Cleveland _ do __ Dallas . . __ ___ __do ___ _ 1\Iinneapolist.. ___ HJ:l5--:J9= 100_ New York__ 1923-2.1=100 .. Philadelphia. _______ do ___ _ Rt. Louis_ _ _____________________ do __ _ San Francisco _______________________ do ___ _

Instalment salrs, ~ew F.nglanrt <kpt. stores percent of total sales __

Stocks, total U. 8., end of month: Unadjusted ____ 1923-2f,=100 Adjusted____ _______________ _do_

lVIail-order and store ~airs: Tot:tl salrs, 2 companif'·S

!Vlontgomrry \Vanl & Co __ thou~. of dol

_do __ ~t>ars, Roe huck & Co __ .. do

Hural sales of general mPrPhandise: Total U.S., unadjust<•d 1929--:ll=dOfl

East _. .do _ Houth. _ . do _ Mifldle West __ do _ FarWest___ _ _ .. do __

Total U.S., adjusted_ _do . East____ _ __ do __ South_________ _do Middle West do Far \Vest do

~l:l{\'EY OF CURREN"T BUSil\ESS

3, 'i:\1 204

2~{, l)(if)

2.1)23

tl. Ill t\12

IX, 34.11 l, fiSi'

82 !Ill ()2 iS R4

101 7G 79 iH r;:J H4 SJ \ltl

w:-: 1:!7 ~l~

]l)j'

11~ 111 ~17

>'2 !I!

lOS

ill 7~

x:l, ~:12 :n, xu 4!J, n!'~

1:!2. 0 12X.O lf)l.X 110.:\ Ill.! I 'ill. s L11i.5 177.4 J:lK 7 ,,-,o.J

1940 I • 1 1 -----~------~----- ;--Sep:---~----~ Novem-1 Drcpm- I

~~~-L-~1 ay \ June i July August 1 tember October 1

ber '"'r !

DO:\fESTJC THADE----Continued

22, 117 2, OJ!')

fl, 109 i 492

lll, 029 1, fl57

lOR 71

i I. :~nt-i ~Jll. ;,:;o ·lO. s:31i

27 .. )4.1 2. 0]<;

'21. 4f)D 1, fJilO

10. I

il 70

t\\), 7-tl ')S S-1' 1

~o: sn~

\l\1.\1! 120, I)

l!'d. !i 110. \1 !20. ~ ]:)li.(i 1:n.c l!i7. \l l2D. 1 wo.o

:;, .1:-l.i 203

2:( 77'4 ~.OH

:.,-.~~o I ~\l'2 !

~1. lSI i 1, ;)!\2

II. 8 4(',, ,1)

8fi !OJ 71 Ill llll \l9 8:)

]()9 s:J (j[',

Jll!i no HO ~~~

Ill

9 [)

71 ti9

102, ns l:i, Sfifi r,o. :r;-2

";,:;I J IT• :2 /:{4.1 w.~ •. 1 l'Li !J 1~1. -1 1~0. ~ l.'i:2 .• i 112. r1 J.\:2.'2

I. :lOO 2o:l

2G, 007 2. !l1'J

S, '/~i· 41)2

20. !lD\1 ] • 5!i:!

S7 w.r; llll 88 74 88 99

9J>

70 ()8

111. HS3 l.1, 90:) n;,, 07R

4, ~198 202

2n. 020 2, 01')

s. ?11 ·t92

2l, 7:)7 I. ,;l)~

tn. 5 4.0. 9

87 f!S 7.~ 92 93 \lO 76

106 89 73

112 82 ss Ht

JJ;i \14 Hfl

Jll2 JOi 92 7.5 89 97

7. 5

61 6i

lOG. ,\17 4:l, 104 ti:l.:ln

3, 91\fi 202

2J. .i07 2. m:l

l.ll\l8 4tl2

20,882 1, !)()8

If\. 4 45.4

fi4 Sl .51 fi5 6i 76 Gfi RO ll7 .iO s:.l tl(i S:l 112

liS \)2 !12

lOR 113 94 i3 95

101

10.0

61 68

88 • • \65 :l7, 2J:l M,352

\~1). 4 \6.7

102. fi xs. I

121. v J:l2. I t:H.4 ].it. I 11!1. 4 14S. fi

4, 370 202

2fi, S28 2,014

~- 7.i0 49:l

21.492 1, ,\75

Iii. 9 44. I

77 !Oi 62 813 84 94 86

JIO 7t) f\0

104 78 nk 9~

J2:l Jll7 !Ill Jn 125 101 80

104 104

l.l.l

66 69

JOI,!il2 42,692 58,820

l!U, I 120.4 121. '2 I Ill. 2 J.io. r, llli. () lfd. 1 JliX.l n:1.1> w:1.1

3, 923 202

25, 197 2,021

8. 276 4n

24.791 I. 578

16.7 42.4

105 132 80

104 !Oi 127 91

11.1 108 79

128 lOf) JO:l !)7

]•J')

lOll 102 115 101 104 i9 99

100

11.2

Ill, 622 45, 972 G5, llfiO

J:lfi.l J:)fi. 7 lli:J. ~ 117. 7 wa.n 127.8 139.0 14~. 4 I 14. !I J:l9. 7

4. 612 202

28, 6:14 2,021

29, !i84 1, 582

17.7 47. 1

!OJ 125 91

101 97 Ill

9.1 127 lOS 87

14\1 !Ill w:l 94

112 92 Bt 9\l

106 9.5 7;)

89 99

II. 8

79 71

133, 8.57 M, 93i 76,920

!fi8. 4 107. 1 207. \! J:l8.3 J(i5. \! 122.0 129.8 140.3 !Ok, \1 J:lk, 2

4. 884 202

29.688 2,02:1

10. ,\()\1 4\ll

83, 7f).1 I, 58G

18. I 48. 7

114 14 I 92

113 JIG 131 gg

118 120 100 148 112 1\11 lOll 129 w:l lOS 117 117 101 82 96

110

10.5

83 72

127,9:18 54,613 i3. 324

Jill. 4 176.0 23:l. 9 W4.:) ])oo)f:i. 5 J:l7. 9 1:36.6 170.3 12.5. !i !53. 8

9, 042 2111

54, 571 2, 02:)

',!(I, 0:1(1

t\14

t.\ 71ii I, 5811

17 . .1 14. !l

1n) 22:l I t5 17:! liS 201 \f)S li:J !84 14S z:{u J()j

ISS Jill 1'2\l lll:J 104 II(; Ill 102 81

101 109

i. ()

Go 71

1Gii, 72~ 10, gr.o fl;), 873

2:l:l. i 2['1fi. 2 2f>H. :J 210.0 245, 2 14li. I t.o:J. 9 178. 7 n1.o l!"lll, 2

RMPLOYl\IE:KT CONDITIO~S AND WAGES

EMPLOYIUENT

Employment estimatrs (l.J. S. Dept. of La hor): Nonagricultural rmploymrnt, total-+'

thonsnnds Employees in nonagrienltur;:tl establish-

ments, total thnu~and5 _ 1lanufacturing. r}r, Mining_________ rio Construction___________ _ _ ______ _ dr,_ Transportation and public> utiJities.do Trade ______________________ do Financial, srrvke, anfl mise ________ do Government_ ______ ._____ _ ____ do_

!vli1itary and naval forces* __ . _do_ Mannfacturin~. unadjusted (l'. 8. Department

of Labor) t_. _ _ __ 1923-25= 100 Durable goodst. _ _ _ _.. do

Iron and stc('\ and their products. not !n-clu,ling machinery_ _____ l\123-25=100

Blast furnaces, steC'l \Vorks. and r0lling mills_____ . 1923-25=100

Hardware___ do Rtructnral and ornamPntal mf'tal work

1923-27>= 100 ! Tin (~ans and othrr tinware_ _do '

Lumher and allied produr-t.s __ .rlo ·,1 Furniture______ ___ _flo

Lumher. sawmills_ __do. .1

:)11.4-11 lfl,f\71

L 3. (l],i t\, 1 /\) t. l.:'i~ :~. fll ti 1. 1-l'i

I 17. 7 1'20. X

12-1."

\:J:l.O I 1-t'

~s. z:~q

~1. F;99 8.\4 939

2. 941 f),026 ·1. 084 ;), 09.1

450

105.0 \J9. 2

}()i\. 7

I 17. 4 !OJ.:;

71. n ~J2. 7 tiii. I WJ.O! :iU. 1

:H. ;iiS

28. 4:!.) 9. f'.-12

849 ~'11

2, 940 f;, 201 4.100 :), 702

4fi7

104. 4 99. 1

JIM.,;

II I .. ~, !IS. 8

:l4, ~117

2~. 4()~ n. ,;,~7

~;).i

!, 118 2. m~t) n. 122 4. lf\0 :l, 71fi

461

103.2 98. 7

!(JLi

10~. 4 H'. l

70. (I

\14.1-()fi.O Sll. 4 f\0.:1

:J4. 898

zs. 7!;,) \l,,\11

fq:, 1. 249 ;), 000 6.197 4. 202 3. 7.11

4fi4

102. ,) 99.2

101. H

109. I 95.!)

7L 1 \1.\ t-1 liS. 0 87 :l 111. g

2~.orn ~). :04.5

~18 I, 321 J. 012 fl. 251 4. 214 3. i99

474

103. I 9\1.8

IO:l. i

114.3 81. r,

73.5 102.8 f\8. :J 8>l. I 61.9

:l,;, 176

20. fl:l3 ~; .. )5-t

8:l7 !, 378 3, 059 fi, 1.\9 4, 218 3, 828

516

103. 2 98.4

106.2

119.0 82. g

71l. 0 10.). n

f)S. 2 87. i 111. ,;

3.\, Ill? 311, 2:l3 30, .1')72 36, H85 :li. 2!1~

:.m. 474 30,090 30, 429 30. 542 ;JI,I.ofi 9. SiS 10.184 Ill. 373 10, 434 10 .• 153

R:l9 816 8.i6 853 85.\ 1' 44,3 1, 511 I, 654 1, 709 I. 714 :1,081 :J. 120 :l.!21 3, 065 :l.o:l!l 6. 168 !\, 321 6. 362 6, 433 6. 884 4. 2211 4, 255 4,187 4, 167 4, ISO 3, 839 3. 853 3, 876 3, 881 3. 931

549 634 733 822 o84

107. 4 111.4 113.8 114.7 116.2 102. 4 108. 2 112. 8 11-5 5 ll7. 6

110. 7 113. 6 117. I 119. 3 r 121. .)

!22. I 12:1.2 12.). 2 127. 3 129. i'i 9.5. 8 JOL2 105. 3 109.0 I 12 .. 1

7H. 9 83. j 8.\fl S6. fi !lll.1

I 108. J 105.2 101. j 100.2 ns. H iJ.:l 73. 4 ~~- 4 7!. 4 7:l. 7 91.0 94.6 ali. s 97.0 \17.4

I 64.9 lifi.:l Oil. 6 66, I (i4. 7

25

1941

Jann~ :try

3, -17tl 204

22 lK\S 2:021

ji, fl5f, 4\11

:!!), 2S4 l, 5811

7B 93 69 Rl 75 96 75 ~12 78 !),"')

nH so Hi\

!Ill \')')

101 1011 126 1L0 99 77

100 109

II. 7

04 71

R:l, 1t11\ 3:3.495 4H, B71

110. !I l 12. :J J:ln.o !02. 3 110. !j 145.7 147. i 17:>. 7 J:l:l. i \;"l(L ~

r :{f), ~19

':lO, )7f0 T 10, 49:1

• 8.\2 'I. f\23 r :t 012 ( 6. 16.\ ( 4. 142 r 3, S87

nf.8

• 11.1. 5 ( 118.3

122. I

131.3 ( 112.8

9:1.1 r H~l. S r /]. :~

\1:~. 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 1 tw 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:: <kpart.ment-store .·nles for 19:~.1-39, spc n:An rw1rkpd with a ·•q" on p. 2.~ of the January 1941 Survey. For revis('d ind('XI'S of l'mployment. ht'l.!:inning in 1fl37 for all indust.riPs and nonUnra.blr goods and January 1938 for durahlr goods, see tahlc 12, p. 18 of the March 1941 Sun·ey,

*New series. For data beginning HJ29, se(• table 11, J>J> 17 and II\ of the l\!areh 1941 Survey.

302601-41-4

26 SURVEY OF CURRENT BUSINESS

EMPLOYMEXT CONDITIONS AND WAGES-Continued

EMPLOYMENT-Continued

Mfg., unadj. (U. S. Dept. of Labor)-Con. Durable goods-Continued.

Machinery, excl. transo.equip.l923-25= 100 .. Agricultural implements (including trac-

tors) ... _. ___ .. ________ ... 1923-25=100 .. Electrical machinery, apparatus, and

supplies .. __ ........... 1923-25=100 .. Engines, turbines water wheels, and

windmills . _ . . .. .. 1923-25= 100 Foundry and machine-shop products

1923-25= 100 .. 1\laehine tools' ... _.. do ... lladios and phonographs. do.

~l~tals, nonferrous, and products do Brass, bronze, and copper products do

C:tone, day, and glass products .. __ do .. .. Brick, tile, and term cotta ....... do .. .. Olass___________ __ _ ____ do ___ _

Transportation equipmentt _ _ . __ do ___ _ Aircraft* ... ____ ... _ .... do .... Automobiles ....................... do .. _. Shipbuilding' ...................... do ... .

Nondurable goodst ..................... do .. .. Chemical, petroleum, and coal products

1923-25= 100 .. l'hemicals ..................... do ... . Paints and ntrnishcs_ _ _ ______ do __ _ Petroleum refining _____ do __ Rayon and allied products do.

Food and kindred products. do Baking... . rio Slaughtering ~nd meat packing cto

Leather and its manufactures. do Boots and shors. . do

Paper and printing .............. do. Paper and pulp........ ... do

Hnhh€'r prorl.ucts __ ____ do Rubber tires and inner tubes..... do

Textiles and tlwir productst ........ do .. Fabricst.. .. ............... do Wearing apparel ................. do ...

Tobacco manufacturPs ________ . _ _ do __ _ Manufacturing, adjusted (Fed. RcserYe)t

do ... Durable goodst. ........... . ........ do .. .

Iron and steel and their products, not in-eluding machinery ...... 1923-25= 100 ..

Blast furnaces, steel wcrks, and rollin~ ndlls .. . 1923-25 = 100

Hardware .. do i:ltructural and ornamental metal work

1923-25= 100 Tin cans and other tinware ....... do ...

Lumber and allied products ......... do ... Furniture ______________________ do. __ _ Lnmbcr,sawmills _______________ do __ _

Machinery, excl. transp. equip ..... do Agricultural implements (including trac-

tors). .. .. . 1923-25=100 .. Electrical machinery, apparatus, and sup-

plies .. . .. .. 1923-25=100 .. Ent:rines, turhlnes, water wheels, and

windmills ...... 1923-25~ 100 Foundry and machine-shop products

1923-25= 100 .. Machine tools*_ ............ _ ..... do .. . Radios and phonographs .......... do .. .

1VIt'tals, nonferrous, and product.s ____ do. __ Brass, bronze, and coppC'r products_do ___ _

Stone, clay, anct ~lass produrts _______ do ___ _ Brick, tile, and terra cotta .......... do .. .. Glass .............................. do .. ..

Transportation equipmentt .......... do .. .. Aircraft* ........................ do .. .. Automobiles ..................... do .. . Shipbuilding' .................... do .. ..

Nondurable goodst ............ .. .... do .. .. Chemical, petroleum, and coal prodtwts

1923-25= 100 .. Chemicals...... ............. .. .do . Paints and varnishes ____________ do __ _ Petroleum refining. .. ..... do .. .. Rayon and allied prorlucts ....... do .. .

Food and kindred products ........ do .. .. Baking ............................. do .. .. Slaughtering and meat packing __ .. do .. .

Leather and its manufactures ........ do .. . Boots and shoes.......... .. ...... do .. .

Paper and printing ................. do .. . Paper and pulp .................. do .. ..

Rubber products .................. do .. .. Rubber tires and inner tubes ...... do

'l'extiles and their productst ......... do .. .. Fabriest... .. .................. do .. . Wearing appareL ................. do ..

Tobacco manufactures .............. do

'Revised.

142.3

143. 7

134.ti

234.3

119.1 300.0 142. a 134.4 176.0 86.5 ii3. 2

115.0 15S. 5

,), 3b9. 4 131.8 255.0 114.7

127.9 155.0 128.8 1W.O 317. 5 119.1 142.7 110.5 Uti. 9 95.1

117.5 117.2 100.8 78.8

110.0 101.6 124.1 63.9

118.4 121.8

125.3

132 114

100 110

75.3 98 67

14:l.O

140

135

237

119 299 162

134.8 176

n.4 73

115 154.1 5, 444

124 260

115.2

127.4 157 130 120 313

131.0 145 111

1:13.2 91

117. () 117

100.5 79

107.0 99.0

120.4 65.1

""' i I

141.1 i 1ou I 133. o 1

2g~: ~ I 126.3 107.2 i 128.3 I

75.5 52.9

102.5 l!fi.1

2, 302. 6 113. 1 142. 'i 110.5

121.0 131i. I 123.2 120. g :ll3. 3 118.8 IE3 108. 6 99.3 98.3

114.1i 113.0 88.0 73.0

105.5 95. ii

123. 7 {)!. 7

105.8 100.2

107.0

117 101

75 100

70.0 91 63

113.6

137

102

131

98 204 144

107 .• ) 128

80.8 61

103 112. I 2, 326

107 146

111.1

120.6 138 124 122 309

130.8 144 109

90. 4 94

114. 7 113

8i'. 9 73

102.7 I

1~~: ~ I 62.1 I

I 113. 1 I 143.61

101. 7 1

134.5

97.2 211.0 121. 7 107. I 128. 7 77.7 54. 4

10{). 2 118. 5

2, 379. 4 114.4 !50. 7 109.5

122.8 ns.o 123. 5 121. 3 309.0 118.8 143. I 107.4 98.2 97. ;-

114. 4 112.6 87.2 72.3

102.9 90.7

126.6 63.6

104.0 98. fi

102.7

110 9~

72 99

6S. I 90 61

113. 3

136

102

132

97 209 145

106.6 127

80.0 59

105 112. 5 2, 356

107 148

'109. 2

120.0 137 124 123 304

130.3 14,) 110

93.8 93

114.8 113

86. 7 72

99.1 88.6

118.8 04.3

113. 6

141.4

101.5

140.2

97.2 2iti. 3 128.3 105. fi 125.8

KO. 5 [)8. 0

105.3 116.9

2,474.3 112.0 152.8 107.5

123.4 135.2 124. 4 121. I 305.8 119.7 142.5 103.6 Q4. 2 93. I

113.8 112.0 84. 7 69.7 98.8 88.3

118.6 63.8

102. 8 97. 7

100.8

107 n 71 98

67. 2 90 60

113. 4

133

102

134

97 215 !53

105. 9 125

79.8 59

104 111.2 2, 426

106 148

107.6

121.1 136 123 122 312

128.8 144 107

91.9 90

114.3 112

83.9 70

96.6 87. s 1

112.4 ! 65.0 i

I 113. 9 1

139.6

101.9

148.9

96. 5 221.1 136.5 !05. 3 125.5 82.11 liO. 9

104.4 116.7

2, 676.4 109.8 158.2 105. (\

:~3: ~ I 125. 9 121.8 304.3 121. 7 144.8 lOfi. i 86.8 84. ~

ll!i.O 115.2 83.8 ()9. 0 9o. o 87.0

112.2 62.2

102.8 97. 9

101.2

10~ 9.~

71 97

67.9 90 61

113. 4

136

101

112

96 220 155

106.0 124

78.9 58

103 111.6 2, 598

105 154

107.4

122. n l~i 121 122 :H1

12!). I 145 107

87.9 86

115.3 115

83. 5 69

9fi. 3 87. 7

111.6 63.2

I 115. 1 i

137. 3

103.3

158.1

96.9 229. 1 1 141.0 I 100.6 1

~~Ul 63. I

104.9 114.3

2, 913.5 104.9 162.8 106.2

119.0 138. :l 126.4 123. 2 300. () 129.7 147.0 108. 2 86.8 M.S

I 14. :, 116. 2 I 83. 4 I

68. ·' 93. i 8.5. 7

107.9 64.9

' 103.9 99.0

03.7

l 15 82

73 100

67. 4 90 60

114.9

1:lli

103

152

97 228 144

108. 2 128

79.8 58

103 111.8 2 829

102 164

11)8. ·1

1:~2. ·i 138 122 123 315

1:n. 9 146 100

89.6 88

115. 7 116

~4. 2 69

~6. 8 . ss. o I

1JU I

116. 1

130.6

103.8

167.5

98.0 234.81 143.4 107.0 !29.1i 82. 4 M.l

103.3 99.7

3, 146.6 82.3

170. 2 107.8

118. 5 140.4 124.6 122.9 306.9 13.,. 4 147. I Ill. I 91.6 90.7

114. 7 117. 1 I 8~. 5 69.3 94. ,) 88.0

10·1. 9 62.4

105. 1 100.4

107.3

12\J 84

75 100

67. 5 R9 60

116.6

133

104

165

98 237 145

110. 7 132

81.3 60

10.1 110. 7 3, 115

97 175

109.6

121. 7 138 124 122 308

129.0 146 Ill

!Xl. 9 8~

llG. 4 117

84.7 69

100.2 91. 3

116. 1 62.8

I 119. 2 i

i 131.211

100.6

174.8

100 . .} 237.5 157. I I 13.8 138.2 84. 5 64.4

106.9 105. I

3,478.6 85.4

181.1 112. 2

119. 4 141.6 123. ,) 122.7 307. 7 145.8 146.6 !Of\. 8 92.0

~~UI 116.9

Rli. 9 70. ,) 99.7 90.4

116.7 64.4

107.4 104. 3

111. 1

123 98

78 98

69.0 90 62

120.0

139

107

!7.)

101 247 !45

115. 7 140

81.8 GO

107 120.9 ~. 479

107 186

110.2

1!2. 2 141 126

1221 306 129. ~

146 108

89.1 87

116.4 117

87.0 71

111.1 I 92.6 116. I 63.0

I

I 123.1 I

1o3. s 1

111.2 I I

182.21

103.4 248.0 159. 5 119.8 141\.6 85.8 64. 7

109.3 12fl. 9

3, 764. 3 112. 1 188.1 114.4

123.0 143.4 126. 1 122.6 311.7 147.4 1411. 6 108.0 90.8 89.7

I 16. 2 116.7 89. 4 72.6

102.ll 92. 8

120. 7 65.8

108.9 107. 4

112. 9

123 102

81 96

70.6 91 64

122.4

141

111

181

103 247 138

118. 6 147

83.0 61

109 '1~0. 2

•• 881 '116

187 11~. 3

121.7 141 127 121 309

126.9 144 109

89.9 83

115. 7 117

89.7 7S

101.9 93.5

116.4 63.7

127. 3

134. 9

116. 1

190.4

106.7 257.9 163.6 126.1 154.9 87. fl 65.0

113.2 139. 5

4, 115. 9 125. 1 197.4 114.8

125. 3 145.6 12.), 1 121.2 311. I 141. ~ 145. 9 !Oil. 6 90.0 88.4

117. n IJ.il 92.6 73. 9

104. 5 96.1

118.9 66.5

111.4 111.2

l!fl. I

1~.~ 10.0

84 99

71.3 91 64

126.6

143

116

19S

107 257 134

122.3 !53

84. 7 61

112 140.2 4. 243

125 19.)

'Ill. 5

122.9 143 125 121 310

130.1 144 110

91.1 ~0

'116. 1 115

91~~ I 102:6 95.2

114.8 63.3

'131. 2

136.1l

120.6

'201.0

110. 1 265.9 !59. 4 129.9 162.4 '88. 6 '64. 8 117.0 146.0

4, 402. 3 129.5 201.2 11~. 9

r 125.6 148.0

' 125. g 120. 7 314. ,) 132 . .0 J4.i ,I Jlf). 2 87.0 84. I ll~." 11-'· 7

94. 4 7.). 2

JO.I .. ; 98.7

'116. 2 66.8

ll4.2 114.6

118.9

127 109

ss 103

73. 6 93 66

130.9

140

120

210

118 . 265 I

1421 126.3

162 88.4

65 117

'143. 7 4, 523

126 204

u3. s I 123.9 i

147 127 120 311

132.4 144 114

93.8 ~2

'116. 8 116

93.6 75

'105. 3 97.7

liS. 1 63.4

April 1941

'136.0

143.2

125.6

'211.8

'139. 9

' 149.6

'130.1

'223. 2

114.1 '117.4 276. 0 ' 286. 2 158.0 ' 14 7. ()

' 131.2 I ' J31. 2 lliS. 1 , 171.5 ' 88. 7 ' 8.}. 8 ' 65. 2 ' 64. 8 116.8 '114.3 141).2; '152.6

'4. 684.1 h,03!. 2 129. 3 I , 128. 3

' 221.0 '240. 4 , 114.9 1 , 112.1

'125.8 149.9

'126. 0 119.8 3!5. I

' 130.5 144.1 125.0 90.6 88.0

119.9 115.9 97.5 76.9

107 .• 100.4

'117. 2 65.6

116.6 117.5

122.4

130 113

91 104

75.2 96 67

1o5.8

143

126

218

ll4 275 149

129. 4 168

90.6 69

117 145.0 4, 734

123 220

11.5. 9

125.1 151 128 120 314

135.5 144 121

94. 3 93

117. 7 11~

96.8 77

107.2 98.7

122.0 64.7

'126.1 '152. 0 '126. 3 '119. 1

313. ,) '121. 2

140. 5 '!16. 3 '93. 4 '91. 4

'117.0 '11.). 7 '98. 8

77.9 ' 106.4 "99. 7

'116. 8 '60. 8

; 118.3 '121. 1

124.6

133 ' 113

% '107

'76. 3 97 68

'141.3

r 147

131

237

118 '286 '155

133.4 r 173

'94. 5 r 75

'120 '1.10. 4 r 5, 082

'123 r 244

• I 15.6

r 126. () 154 1311

'120 310

132.9 143 112

'93. 3 '91

'117. 4 116

99.0 78

'107. 3 '98.il

'122. 1 '66. 3

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 employ­ment, 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 I 1940 11941 gether with explanatory nctes and refereno~s '--- . ---tothesourcesolthedata,maybefoundinthe I Febrn- Febru-1 March I April I May I June I July I Augu't I Sep- loctober'i'Novem-[' Dceem· Jarm-1940 Supplement to the Survey ary ary tember ber ber ary

··----~---

EMPLOYMENT CONDITIONS AND WAGES-Continued

EMPLOYMENT-Continued I I Manufacturing, unadj., by States and cities: I I State:

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

Nonmfg., unadj. (U.S. Dept. of Labor): 87.5 ss. s 90.6 93. 4 95. 7 99.6 '102. 3

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: g1ectric light aud powert. ---------. do ____ 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 Indexes:

1,006 1,004 1,032 1, 055 !,Oil 1,081 1,088 1, 094 1,06.1 1, 048 --------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

of Labor)t .................... l923-25=100 .. 126.4 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

r::~:r.::~e~xo~1th~·~: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 .. Furniture. __ -.- ___________________ do ____ l Lumber, sawmills __________________ do ___ _

1\:Iachinery, excl. transp. equip _______ do ___ _ A~ricultural implements (including trac-

tors). __ __ ___ 1923-25=100 .. Electrical machinery, apparatus, and

supplies ____________ .. 1923-25=100 .. Engines, turbines, water wheels, and

windmills _____ ........ 1923-25=100 .. Foundry and machine-shop products

70.0 8U. Y 5H. tl

174.9

lil. (.i

345.2

1923-25=100 .. 1 134.\1 Machine too!s' _____________________ do ....

1

H\1.0 RadiOs and phonographs ___________ do.... H:l. \1

Metals, nonferrous, and products _____ do.... 1.\L 4 Brass. bronze. and copper products. do.... 221;. :J

Stow:\ clay, and glass produt.:ts _______ do____ :--s1. :"! Bric·k, tile, and terra cotta ___________ do____ o:t-1 Glass ------------~-----------------do___ 1:15.:!

Transportation equipmentt---- ______ do_.__ HH. 7 Aircraft*--------- __________________ do___ 1;, ft2.~. :) Automobiles ______________________ do .... ! lliiJ. -1 Shipbuilding* ________________ .. ___ .do ___ . :l:J,o. o

Non durable goodst _____ .. ______ ........ do .... 1

112. ll Chernical, petroleum, and coal products

1923-25= 100 Chemicals ________ .. _________ ___.do .. Paints and varnishes_________ _do Petroknm refining _____ -------·-- __ do Rayon and allic•d products .. ____ .do_

Food and kimlr<'<l products______ do. Baking... _ _ .do Slaughtering and mt."'at packing. 1lo

Leather and its ruanufactures ______ do Boots and shoes _ _ __ do

Paper and printing (in Paper and pnlp_ _ do

Rubber products.. __ do Rubber tires and inner tutws _____ do ..

'l'extiles and their products\.._____ .do Fabricst ..... __________ do .... \Vearing apparel________ do ___ _

Tobacco manufactures _____________ .do ___ _ Manufacturing, unadj., hy States and cities:

State: Delaware ____ _ Illinoist _______ .. __ 2'vTaryland __ Massachusetts . New Jersey ______ _ New York _________ _ Pennsylvania __ . _ Wisconsint . _____ ..

City or industrial area:

---- .1923-25= 100 --- .1935-39= 100..

.. W29-31=100 .. 1925-27=100 ..

.1923-25=100_ 1925-27=100 1923-25= HJO

____ Hl2tl·-27 = 100

Baltimore_. .1\129-31 =lllO_ Chicagof______ 1935-39=100 .. Milwaukee.____ .1925-27= 100 .. New York__________ ___ .... do __ _ Philadelphia __ .. _ _ .. 1923-25= 100 .. Pittsburgh______________ .do ....

1 Wilmington ...... _________________ .do ... -I Nonmfg., unadj. (U.S. Dept. of Labor):

Mining: Anthracite____ .1929=100 .. Bituminous coal_______ _ ___ do ___ _ Metalliferous__ .. do __ __ Crude petroleum producing__ _ __ do __ __ Quarrying and nonmeta11ic_. do ___ _

1H.4 W-1.0 142.0 l:ll. 6 :J:l7.0 11\l.:l 1:)7. i ll:l. \ \ll.l 8S. 5

lHi.o 1:!2.11 Jt:-).\1 \IS. 4

I O~l. 7 \)8. :J

108.0 61. u

121.1 J:JS. :l 1.1.1. () H7. o

J:W.l [j;{_t;

10-1.1 1:.!\l.a

157. ~ J:t''l.\ l:N.fl !OH. i llO.Ii lt:l.\1 J(J9.<S

4.'1. 2 ~1.0 72.7 .lli.:l

Electric light and powert _ _ _ __ __ do____ lll4. Y Puhlic utilities: I

Street raihvay8 and bussest _ ~-~-_do____ Ill. ii Telephone and telegraph f. _____ do____ 102. \J

Serdees: I Dyeing and cleaning______ _ ___ do ___ _ Laundries____ _ ___ do ___ _ Year-round hotels________ __ __ do __ __

Trade: Retail, totalf________________ _ ____ do .... ! wi~~~~;j~'~~~~~an~li~~~g_t- . :::::~~::::!

WAGES I Factory average weekly earnings:

74.;) S~l. lj 8ti. 0

84.0 RG. 0 SO. 8

National Industrial Conference Board (25 I intlust.ries) ______ . ________________ dollars __ ! 31. 41

U.S. Dept. of Labor (90 inclustries) .... do____ _____ . Durable goods ___________________ do .. _I ___ _

Iron and steel aml their products, not in- I eluding machinery ________ ._ .dollars __ I __

Blast furnares, steel works, and rolling ! H~~~;~are .. ·····- - -_-_---~-_-cto;)grs:j:::: ... Structural and ornamental metal work !

dollars __ I ___ _ Tin cans and other tinware ______ .do ____ .. __ _

r Revised.

Gll.ll j'()_t-;

.12. () 119. 3

1G3. 8

111.6

]'jl_ u

9-t 2 270. 7 113.0 HJ:l. 4 1:lo. 4

H;'). 3 a~~. li

HI~. 3 1211. 1

2, 183.9 ll9. 1 149. \J llil.O

131.4 1Eo9. 7 12,. 3 134. 4 3Zl. ~l 11.1. 5 132.4 lH>. 9 82. G ,0. 2

lOKI; ]](j_ !I '88. { ~0. 6 9L:l S4. 2 9\J. s 54.0

91. G 11-1.3 122. 1

7-L 4 ]01), ()

1-)'i,(l

su; ltiO. ~

1:!~. X 112. !I Hlll.l 8i'. ~ ~~u s;·. 3 s~·- o

32. y 87.0 fi-!. 2 5!J. 0 30.8

27. G1 25.20 28. co

27.1j5 I

29.69 ! 2-!. 65 :

I) I. 0 JJ.J

o:l.:l 121. ;j

1G7. \J

113. s

175. 7

\j,j_ i 281. 6 109.5 10~. 8 U/. 2 l;s. :J 41.5

112. k 12i). u

2,3H:l 122. ~ JG9. 3 101.11

132. 5 159.3 130.;, l:l5. ~ :nn. u 1\7. 1 J:l-!.4 111.5 ~0. 3 78. 2

110.0 Jl.O. I

HS. 3 711.0 ~0. f) 78. 5

lll5. 7 58. 1

93. 9 113. ~ 12-L 7 73. H

10:!. 2 bn .. ~ 1'0. 7

Jll:l_'

l'.!(i.l) 112. u lil4. 2 9-l. 9 H3. 1 85. 3 84. 7

1112. 3 fJV. ,::, 98.1

7'2. 7 Sl.l Sl. 8

82.0 R.1. Y 77. ~

21. GI 2:i. 40 2~. 90

2/.-17

2S. 88 26. 15

27.39 2!. 15

Gl. 4 71.2 5o. 4

1'21.()

lllfi.l

112. 7

i).). 4 207. 1 1Hi.O 103.1 t:J:l. 0 72.2 40.2

114. 2 12-l. :;

2, 41.\. (I 121. 2 Hi9. 4 97.3

133.4 15~. () 131.9 136.9 :lll. 1 117. 7 134. 3 lOU. 5

70. 7 (){)_{)

lOU. 7 115. 4 ~6. 5 ~~- 1 81. 4 75. 2 8t;, 7 [18. 7

98. I 111.9 124. 1

iO. \! 101."

8.5. 3 79. 2

102. s 127.0 llO. :; 10!. 1 86. ,\ Sl. >\ ~3. 7 8~. (i

:Jii.:J 7'2. "2 (i:).;)

[i ~J.( J 3h. 1

lO:l.;; fi\1.2 HS. 7

';'~l. {i :-,.5. lj 83.2

82.3 8.\. 0 77.4

27.66 25. ~n 2~. 9:?

27. 50

'2S. 73 2G. 13

28.42 2-1.20

1)~). :1 i 7 L ~ : ;-):-;.:3

122. :)

1G4. 0

11!. 3

94. li 28!::1. 7 I 120. n Hl:l.li ]:34. 2

7-1. tl 4\1. 2

112. t) w;_ 5

2, tiOL fl 111.1 HIO. 4

9tj, s 133.6 lf>1.9 13G. :; 130. s ~lll. 4 1'21. 5 137. b 110. 4

r,:l. fl 5'. 1

113.1 124. 2 i"li. 1 79. u 77.9 7:). ~~

S!. 0 GO. 7

97. 0 112. s 1211.:) 70. 3

1113." S5. 4 7H. 0

104. 7

127 . ..{ 112.0 10.!). 9

S-L 5 80.7 s.\ 2 S7. I

·lil. 0 if). 3 ();')_ 7 5S. i -1'2. 7

101.:! (i\i_ 2 9S. h

s:l. -t­~~. :)

83.0

s:l. 4 Stl. G 77. -1

27.67 2t). -J:) 2>i. 80

2S. lfi

'2Y. 87 20. 1-t

28. 13 21.01

IlK. 3

210. i

\.13. 8 :W2. V I:H.U 10.1. 8 40. b 73. 4 51. 1 11.0 2l.O

2, \1()8. 2 J 12.0 JS.i 8 97. 4

13:!. 2 165. 2 136.2 1:17. I :·14.3 12\1.0 H0.8 11-1. 7 fi'i. 0 62.7

112.:3 126.2 ~t). 4 77. 5 ;;;_ 4 72. f) ;f,, f)

36.9

!8. G ll.1. 2 1 ~~- 7

i'O. 7 1!l7 .• ~ :,(), 7 :<?.5

lllli.O

1:!9. fi 1 4. g J(Jt.i.O >·2. 2 , .•. 0 19. :l ~7. 5

40. (j 73.\1 fi.l. 4 ~-..( s -l:l.\1

1111.0 7 ). ;"", I

1111.11 j

' ~J. (\ !l! .• I.

8!. 0

~1.8 ~q- ;} ;:-. 4

28.23 I '2b. iY ~u. 48 1

2~. :)\)

31. 53 '25. S5

2S. 5G '2,j, 04

j

(il), 7 74. 3 s:). u

1'20. 7

148. g

11S. 1

9!i. :~ :J07. s 138. ,j JOt>. 9 14(). '2

71. 1 51.8

10'-. 2 98. ~J

3, 124. r, bl1. 5

1\l:l. 4 99. 1

13:3.0 167.2 \:12.4 131l. ti :ll4. 7 J:ll. 3 142.1 117. G

711. 4 74. fi

111.2 12fi. 3 ~.1. 2 77. 't

it;, 4 75. 7 62.3

!l7. () 116.4 l~ll. 4 7.1. 4

111!\.f\ ~7. (; ~:t 5

1112.0

1:32. 7 117.0 101. 7 ~0. s ti5. 2 ~9. 'j 85. 8

lOti,,'.., 711.0

101.3

SILO 911.11 ;,(), 5

~:!. 6 8-1.0 is. a

28. 16 25. '25 '28. 52

:3\J. 75 :2.1. -1.1

2S. S7 21. 38

r.s. 3 ):-Sl. 7 ti~. 2

J:ll.O

152.0

!111.:3 :J02. g 149.8 117.0 100.7

ifi. 7 53. t)

116.0 115.8

3, 727. 4 9tl.1

211.6 104. ~

134.4 169.3 132.1 137.4 318.0 139.0 1-10.1 112. :J 77. 0 75.0

110.\) 124. R

P.7. 7 iii. 3 H7. 4 80.9 !l4. 9 62.3

100.6 120.8 133. 7

77. 7 ll:l. 2 n.s ~8- 7

lOG. \1

13S. ,, 120.0 1118. 7 93.\1 89.7 V6. 0 86. 1

33. 1 02.5 fi8 .• o 59.0 45.2

108.1 711. {

1110.4

78. u 90. ,, ~0. 7

81.5 82.0 ;s. 7

28.58 20.10 2\1. 9S

31). 24

32. ~5 27. 2()

29 51 :!5. Gl

71. 2 87. 4 63.8

t:l7.!)

156.2

131. 4

24\J. 4

JO,,, 4 332.3 1Gl.5 128.0 lTi.ti 7~. i' .54.()

120.7 14t.o

4, 211.9 125. 2 227. f)

107. 7

138.2 170.9 135.6 139.3 327. i 1:3s. 5 J.IO.S 112. 6 74.6 72. ()

Jl:l. 4 124. 2

u.1. 1 84. t)

92.6 84.8

102. 5 65.9

lll4. 7 124. 4 138. 0 82.5

121. '2 9~. '2 \1!.9

11 L ,)

139. 3 \23 . .0 112. 2 101.6 04. 7 98.0 89. 7

:m. :l S:l. 2 69.5 58.2 4tL ~

10;). ~ 71. 5

lOl.S

Sfi. 6 89. g ~L 8

85. 1 90.5 81.1

28.99 26. 54 30. 57

30. GO

:)2. y;) :.?';'". 5:3

28. !l9 25.01

73. 7 91.3 fl.\ 1

145.3

158.8

138.2

263. 4

111.7 352.3 164. 3 136.3 190.0 83.0 55. 1

129.8 lt\:3. 3

4, ti3V. 4 149.3 2H.3 108.1

139.3 176. 2 135.8 136. 2 322. 6 134. 2 139.2 115.8

73. 4 69.1

115.2 12:l. 8 99.5 ~6. (j

93.2 89.5 94.8 66.5

JUS. 7 128.0 141.3 84.5

123. 3 100. ,) Wi.2

119.4

142. ~ UG.O 122" 2 !l8.8 98.0

103. 8 93. v

32.3 83. G 71. 4 57.6 4U. 7

107.0 70. 7

102. ~

85.8 92. 3 80.2

29.84 27.13 31.42

:JO. 97

:J3. 04 27.7-1

30.02 25.16

70. 9 90. 4 till. 9

149.3

160.4

145.0

r 275.0

' 114. ti 355. 4 155. 7

r 141.7 201. G '82. 0 T ,)4. 0 130.8 16().1

5,012. 9 150.5 239.0 106.6

'139. 7 181.7

'135. 7 133.3 331. 4 128.8 138. 3 118. 9

68. 5 62. 5

115.4 12:l. 8 102.0 ov. 1 92.3 90. g

'89. 5 66.4

105. 3 129.4 145. 1 ~0. g

124. g 101.5

YG. R 1:22. 1

147.0 128. 5 126.6 97. 6

100. 1 105.4 94. g

37. 6 8-t 5 69.8 56.8 42.3

lOG. U 70. 3

IIJJ. 2

ii. s 87.2 ~3. ti

87. 1 97. 5 80.7

29.73 26.93 31. 11

31.01

33.43 27. 56

29. 26 23. 4i

71. 5 92.1) 60.4

'162. g

171.3

157.5

'305. 5

1~U.6 3\11.2 162.9 14\l. G 21\l. 3 '8.\. 6 r .)fi. fS 137.6

T lfl9. 2 356.3

r 1-!4. t)

'288. 3 112. 1

'144. 3 187.9

r 138.7 139.11 3:l4. 4 ]:l2. 4 I;Ji, i 137. 3

;..;_ 5 73.2

'120. 8 128. 5 111.1 96.4 97. t) 9.\. tl 9.s.n 67.4

116.9 137.3 ],\0. 2 91.2

1:{4. ~ ' 108. 2 r 10~.:.!

1:2~. n

I.~ I. u \:)f). u 131. :l 101.3 lOG. 3 I 113. 1 1

105. ~

42. 7 r 91.4 r 7:2. IJ r A5. 9 f 42.4

r lOti. 0 r i~. 1

r 103. ,j

;-:). b r S9. 2 '84. 1

'97. 3 r 132. 5 '83. 4

30. 28 27.89 31.96

32. 18

34. 65 28.03

30.80 25. 59

'liS. 1 '84. 2 r 59.2

' 167. 5

'180. 9

'163.0

'331. 4

r 12~. / '414.0 '1H.3 r 146. 2 T 220.6 '79. 4 r 54, 6

' 131.2 r 176. 1

912.2 T 1-!i,.) '308. 2 '108. 0

'142. 1 '188. 2 T 137,4 'l:l2. 2

:n;,. 9 r 120.0 ' 134. 5 'lW. 7 'i>:l. 3 '80. 1

r llfi . .'i r 127. fi '111.11

r 9ti. H '9.0. 1 'g:l. 1 '93. 2 '59. :l

' 112.9 134.'

r 1.~1. () F-9. fi

J:l:J. ~ 10'-. 2 '99.0 12tl. I

r 1.13. 7 135. l l:l2. 6 103. 3

'103. 5 '109. 7 ' 1112. 5

38. ,\ so. 7

r 70.5 51),,) 3fl. 2

105 .• l 71. ()

w:J. n

73 .. 1 89." ~4.0

r 83. 7 87.8 80. :l

30.1)1 27. u9 31.90

31. 49

33. u<l 28.30

30. 75 25. 29

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<Hion l'(jllipnwnt n•,·i;;(•d bi·.!inninl! January 19::m: 5t'P tahlf' .17, p. 17, of the DerPmber 1940 Surn?Y. For revision in index for nondurable goods for 1938 and 19~9. q•(• table 1:!, p_ 1." of tlw :\fnrrh l\lH .~un·,•y. TelPphonf' and tt•l(•graph pay·ro!l indr>xt>s revised beginninu 1932 other indicated nonmanufacturing pay-roll indexes redsed lwg-inning 1!-t!~J; -"i.'(' tahlP 1\-1, p, 17, fJf tlw .\prll l\J-W :-:nn·l'y. e '

*New series. S('e note marked with an"*" on p. 26 of this issue.

April 1H41 SUHVEY OF CURRENT BUSINESS 29 -------- ----------------------~------ =-======

Monthly statistics through December 1939, to­gether with explanatory notes and references to the sources of the data, may be found in the 1940 Supplement to the Survey

-- ---- ~;--·---~---·----~------···--- -------~ I _____ _ 1941 I 1940 I 1941

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

II

Factory average weekly earnings-Continued. U. S. Drpartmcnt of Labor-ContinUl'd.

Durable goods-Continued. I Lumber and allied products ______ dollars_+--

r~~bt~~~r~-a,\·-rli-iifs-_~ ~-:: ~: ~ ~: ~::: =~{~== ~ ~1::: · Machinery, excl. transp. equip _____ do __ _

Agricultural implements (including tractors) ________ ------------ .dollars ___ _

Electrical machinery, apparatus, and supplies ______________________ dollars _________ .

Engines. turbines, ·water wheels1 and windmills____ _ _____ dollars_

Foundry and machine-shop products dollars _______ _

1\lachine tools* --~-·-· __ do _________ _ Radios and phonograph~ _________ do ___ _

1\:letals, nonferrous, and products. _do Brass, bronze, and copper vrod_.do

Stone, clay, and glass products_ .. _do_ Brick, tile, and terra cot tat ______ do_ Glass____ __ ___ .do_

'rransportation equi prncnt. . do. Aircraft*______ _do Automobiles___ do Shipbuilding*! _do ___ _

Nondurable goods__ _ __ do __ Chemical, petrolL•um, and eoal products

dollars __ Chemicals_______________ do Paints and varnishes____ _ ___ do Petroleum refining ______________ do !{a yon and all ic>d vroducts _ _ _ _do __

Food and kindred products_ .. __ _do Baking ____________________ . __ do Slaughtering awl meat packing __ do ['

Leatht•r and its manufaetnr&:>i_ do _

1

Boots and shoes L __ do Paper and printiug___ __do _

Paper and pulp__________ _ __ <lo !{ubberproducts_" ____________ do

Rubber tires and inner tubes ____ do ___ _ Textiles and their products _do __

Fabrics ________ . _______________ . _do Wear in~ appareL ________________ do _

Tobacco manufactures ____________ do .. __ Factory average hourly earnings:

National Industrial Conference Board (25 industries) __________________ dollars .764

U. R. Dept. of Labor (90 industries) ___ do __ _ Durable goods ______ " ___ do __ _

Iron and 1"teel and th~~ir products, not including machinery__ _ ___ dollars_

Blast furnaees, steel \vorks, and rolling mills_____ _ ___ dollars __

Hardware________ _ ______ do ___ _ Structural and ornamental metal work

dollars __ Tin cans and other tinwaret ____ ~do ___ _

Lnmher and allied prodncts ________ do _ Furniture. ________________________ do ___ _ Lumber, sawmills. ________ . ______ do ___ _

Machinery, excl. trans. equip ______ do ___ _ Agricultural implements (ineluding

tractors) _dollars_ Electrical machinery, apparatus, and

snppliPst _________________ dollars Engin(•s, turbine's, water wh<.•£>lst and

windmills __________________ dollars_ Foundry and machine-shop products

dollars_ 1\:laehine tools*__ __do_ Radios and phonographs_ _do

1\Jetals, nonferrous, and products ... do_ Brass, bronze, and copper products

dollars __ Stvne, clay, and glass products _____ do __________ _

Brick, tile, and terra cottat_ ______ do ___________ _ Glass. ______ do ___ _

'rransportation equipment _________ do ___ _ Aircraft* . _________ do ___ _ AutomohilPs. _____________ do.

1

Shipbuilding• t _________________ do ___ - ·:::::-Nondurable goods ____________________ do __ ,::: _____ -

Cbemical, petroleum, and coal products dollars __

Chemicalst_ _ _ .. _____________ do Paints and varnishes _____________ do Petroleum rrfining _______________ Uo Rayon and alliPd pro<lucts _______ do __ _

Food and kindred prodncts ________ do __ _ Baking ________________________ do ___ , _______ _ Slaughtering and meat packing _rlo----1---------

Leather and its manufacturest ___ .do ____ , ___ -- ___ _ Boots and shocst-- _______________ do. ___ : _____ ...

Paper and printing _ _ _ do _ Paper and pulp___ _ _______ do __________ _

,. RevisPd.

H).G\.1 21). 91 IS.l9 2V. 07

31. 14

29.5:1

34.09

2R. gg 3ti. GO 22_19 20. (\I) 28.91\ z:~. 71 19.30 2.~. S9 a:1. 47 2S. 7:! 31. so 31. s:l 21.73

29.:11 :ll. 79 28.4:1 34.78 26.33 25.00 2.1. 84 21l. RS 19.61 IR. 5!1 28. :li 25.42 27.40 :l2.29 17.48 16.98 18.86 JG. 25

. 728 .or.:1 . 72fi

. 71\1

s:;s . f>71

. 732

. ii20

. 513 • .189 . 4!ll . 737

. 7~17

. 7.\:J

.81'!

. 72:!

. 7Gii • ()0() . (i\Jfi

.H3

. t)G2 • .0.04 .718 . 8\IG . 730 . u:;s . 8:)7 .1\0S

. 7.11)

. Sl):1

. 719

. 975

. (i74

.n:m

.ti:ll

. 680

.. 137

. ol4 . ;;.;:;)

. f>38

19.\ll 21. 1.) 1~.49 30.15

31.37

~9. 98

34. 4:;

29.:3\1 31\. gg 22. :;o 2il. 90 2!l.l11 21. o:J 19 .• ~5 21). 02 34.39 29.96 35.53 :1:1.68 21.86

29.14 31.72 28.\l:l 34. 91l 21i. 26 25.25 26.12 27. 26 19.23 J8_ 20 28.67 25.17 27. 66 31.98 li. 45 16.62 19.54 16.88

.nt .1\6.> . ;~>;

S38 .liS!

_735 .621i . 515 . 547 . 492 - 7~39

. 7~}7

. 75!)

. X07

. 72fi

. 7fi7

.lil4

. 697

.74S - fiti4 • 5.\3 . 741 . 900 . 734 . 944 . 8fi0 .tllll

. 7-HI • HOO . 71S . H71 . li72 . 641 .li~O .liS! . 5-ll . 519 . 7811 . o:n

20.110 20.70 18.\l:l 29.97

:H.·l3

29.70

34.35

29.27 311. 72 22. 41) 2fi. 7ti 28.74 24. 4!1 1!197 21\.49 34.40 29.75 35.78 :n. 25 21.19

28.99 31.83 29.02 35.34 26.12 25.17 26.22 27.71\ 17. 68 !6.30 28. 70 2.1. 35 27.98 32. 77 1(). 74 Ill. 40 17.63 17.07

. 734

. 1)6fJ

. 72!1

. 7tH

. 737

. f>24

. 518

.• 5~f>

. 497

.7:!9

. 801

• 75G

. H03

. 72f)

. 7(;7

.Iii I • 7011

. 7 4~~ ,1\ti~

.. 1.11

. 739

. 902

. 73:1

. 9-Hi

. 85~ ,li09

. 742

. 801

. iii 97t

. 1372 !

.f1-n!

.fi:i(i

. o89

.. \43

.. 5?1

. 79:1

. t~3i

20.22 20 .• )9 19.43 30.11

31. 42

:JO.Ol

2~1. 2il :{tl_ :35 23.09 27.02 29.00 24. 79 20. f>,1 21\.18 32.83 29.69 :33.47 34.20 21.72

29.73 32.09 29.62 35.14 21i.27 25. 64 26.46 27.43 17.26 1.>. 1\5 29.38 2fi. 52 2S. 39 :13.88 Ill. 52 16.35 lfi. 97 18.02

. 737

. f)fi9

. 7311

• 707

. 842

. 092

. 741

. ()24

. 521

. 546

.• 103

. 741

. i!IV

. 757

. 797

. 7~{0

. 7Uii

. non

. 701

. 7.10

.H()-t

. 5.11

. 739

. 902

. 1a2

. ~47

. xu2

. U15

. 760

.so:l • 7H3 . 97;) . 673 . 647 . n~n . fi88 . 55.) . 533 . 79~ . 638

20.17 20. (ij 19. :l2 :3o. 41

30. 74

.>O. 52

:35.05

2~. 41 :1n. (iS n.nl 27.25 29. ns 24.20 20.97 25. 89 :34.21 31.18 35. 2R :14. 17 21.81

:10. os :32. z:J ~9. fl5 34.84 26.36 25.54 2f\. 57 27. R2 IS. 17 17.00 29.27 2f\. 70 28.27 33. 11 W.43 16.24 Hi. 96 18.98

. 740

. 672

. 732

. 774

. 84!1

. fi80

. 741 • 6:32 . 523 .• 118 . .105 • 743

. 798

. 764

. 803

. 728 • 71)() . 1)}4

. 702

. i.~f)

. 664 . 5fi4 . 740 . 905 . 742 . 954 .869 .{)17

. 777

. 802

. 717

. US3

. 07.1

.fiH

.li:19

. 691

. 553

. 531

. 797

.li44

Ill. 37 20.28 IR. 02 30.29

.>O. 42

30. 14

2\J. 33 :Jf>. 4.5 23.90 27. 12 30. 7:l 23. 4\l 20.95 24.91 31.88 30.48 32. 2f> 14. 03 21.87

30. 12 31.95 29. l:J 34.73 26.32 24. 33 26.69 27. 76 19.80 18. 92 29.00 2f\. 47 27. 7f> :J2. 66 !G. 8.5 16.71 17. 21i 18.36

. 740

. 0(i7

. 727

. 777

. 847

. 683

. 738

. 627

. .119

. 550

. 49il

. 744

• 7G2

'. X07

. 700

. j(i~

. fj21

. 701

. 702

. 66.)

.• )()f)

. 742

. 891

. 738

. 949

. 862

. 61.1

. 783

. 804

. 721

.9FW

. 676

. G25

.1\40

. 61'19

. 5.13

. 532

. 791

. 649

20.81 21.39 19. 79 30.67

30.87

30.92

'3(\. 00

30.12 :l.S. 48 2:3. 49 28.18 31. 55 24_ 81 21.49 26.56 35. 41 31. 79 37. 13 34. Sf> 22.10

:m. 16 32.18 2\l. 28 34.94 26.53 24-17 2fi. 40 27. 57 19.810 18.94 28. 7:i 26.14 27.81 31. 64 17. 64 17.15 18. 95 17. 79

. 741

. 668

. 731

• 777

.848

. 697

. 736 • 633 . 526 . 54fi . 509 . 745

.8()]

. 751.)

. n:1 • 7()0 .Hll . 708

. 7ti.1

. G68 • 5G8 . 743 . 897 . 739 . 9.18 . 8fl2 . 613

. 778

. it/8

. 720

. 977

. ()72

. ()15

. 643

. fill!

.. 1.~4

.. 133

. 789

. 648

21.06 22.07 19.85 31.22

31. 17

31.21

36. 24

30. :!1 37.02 24_ 89 29.88 a2. 97 2.1. 27 21.62 21l. 90 35.60 32.37 31). 67 :Jf>. OS 22.20

30.08 31.80 29.40 3.5. 20 26.99 23. 48 26.60 27.38 19. 37 18.32 29.18 2().12 29.lfi 34.08 18.09 17. 57 19.51 IS. 42

. 742

. 671

. 73i

. 779

• R57 .691

• 73.1 . 634 . 52.1 .. 14tl .. 107 . 741i

. 1m,

. 757

.7:14

. 7Hil

. 621

. 710

. 77fl

. 672

. 56fi

. 750

. 900

. 738

. 950

. 874

. till

. 722

.1!83

. liB~

.liO:l

. fi41

.Iiili

. 5.1S

.• 137

. 792 • ().~l-!

21.49 22.49 211. 23 31.71

31.41

:n. 2G

36. 74

:n. ts :n. 73 24. 7-i ao. oo 3:!. (\j 2fi. 7.1 21.87 27. HO 37. 89 32. G2 39.24

r 31i. na 22.28

29.96 32.39 29. tiU 34.93 26.53 23.82 26.31 27.1)4

r I~ ki r 17. !);{

29. 35 26. 4.5 29_31 34.27 18.10 17.95 18. [>3 18. 2[)

.7H • 67:1 . 7:19

.TiP.

. i3:l

. tl32 '52-t .547 . .10f3 . 749

• 8112

. 7.12

r. ~ao 1

. 7-10 1

. 709 '

. f) IS

. il:?

.Ill

. tl71 . 5fifl . 747 . 898 . 750 . 9.11

'· ~7:2 . 609

. 7fJ7 • 7VS i . 720 I . 91i3 . .(i:-1.1: . ~\IO i .t);{:J . f\X4 1

r. 55;~ r_ 528 . 792 . f).'l4

20. 7.1 22.23 19.06 31.65

31. 29

31.61

36.21

, :;o_ 95 :lti. 8.0 2:l. 97 :Jii. 02 33. 98 2.). 17 21. 47 27. 2G 31\. :l9 32.93 38. 11

r 3·!. l)a 22.08

29. 87 32. 72 2~1. 3.1 34.32 ~<l. 95 24.43

r2(). :~l 21i. 82

T I.S. IH r \H. f).1

29.35 26.35 2\l. 45 34. 92 17.80 17_ 71 18. o.s 18.H

. 747

. 678

. 744

. 781

r _ 857 . 683

. 732

. t\35

.. 526

. 55.1

. 505

. 752

-sou

. 757

'8. 40

7·!.~ . itl8 . 61:l . 727

• 7\:JU . t.\71 . 572 . 7!() . 902 • 7.1;) . 95!) 8~&

. 613

. 7t).1

.811 r_ ia:{ . 9fif) . ti\10 • 113:.? . f>40 . HS!l

r. f)t)5 r. 52H . 7~i3 .t).)(j

2l.Oti 22. (i4 1\l. 2\l 3:3.13

31. 87

3K 17

:~:.?. K5 :m.:in 2.~. 4\J :ll.li:] ;{.1. 74 2tl. 2.1 22. fJ2 2X. 77 :~:i. nn

r :~3. 17 :J(i . .14

, :1s. so ~;{_ 09

:Jo. go :l:l.:l:J

r :~o. 15 ;{ti. (J()

27. lfi 2[). ~~ 2n. 3H 2X. 77

'20.0.\ r IS. M

:JO. :l7 27. :;o :lt.l:l :-Hi. f}\J IS. 41i IX. 28 18.% 18.70

. 754

.tiX3 - 7-HJ

. 7X(I

. ~.IK

. 681

. X!O

• 7()()

. ~O!i

.li.l-)0

. .'i~2

. 7G4

. 900 r. if1li . 'J50

'· ~97 .m7

. it)li

. Slt.i r. 7-1. I . 9(j;~

. liH4

. li-tl

.tiH

.liSO '. flf"i2 r. 52t\ . ;m.1 .fif\0

20. 72 21. 42 19. 59 :;:;_:H

3:l.IJO

39. 12

:!2. 51 40.08 24.118 :JO.Ii2 3;), Hi 2.1. 12 21. 74 28.00 3f.i. 5fl :34. l:l :n.Ht :l7.1l0 22. Iii

3o.:N :1:!. 10 2~1. Xt) :H.4ti '27. 40 2t f)! 2ti. 44 21i. H4 20. ()j IH. fl;-1. 2!J.Ii4 2\l. HH :JIJ. tiS :Jii. 32 18. 12 II. \l:l IX. 70 17. 7G

• 7.19 .liS!J . 'ifi8

. j,l-;1)

. Xl3

. 77:.>

. j;)7

. I!Jii

.fiat

. 741

. ~04 _ tiS4 .. )87 . i/0 .\Ill . 776 .!JtiG . !j!J7 - ti20

. 7G9 X'N

. 741

. ~JiO

. liYY

.li4H _tH:l .liS! .• 1:)5 . ii:lO 7~11)

_til\2

%Data for shipbuilding, Jrather, and boots and shm\~ rrvbrrl brginntng OctoiH•r 1940 on the basi~ of more complete reports: tlw .slight dO\vnward n·Ybion ('ou\d not be extended to earlier months. For similar reYisions beginning August 1940 for tin cans, electrical rnachinery, and ehemiC'als, seep. 75 of the February HHI Surn•y, and lwp;iu~ ning June 1910 for brick, tiiC', etc., p. 29 of the Dec<•mbcr 11!10 SurY<'Y.

*New S<'ries. Earlier monthly <lata not shown on p. 29 of thC' March 1941 Snrny are available upon re'!Uest.

SURVEY OF CURRENT BUSINESS April Hl-ll

1941 gether with explanatory notes and references --- ~ -------------------

1

Monthly statistics through December 1939, to-~1941 I 1940

to the sources of the data, may be found in the Febru- Febru·J M h I A .1 I M I J I I A t I Sep- I 0 t b I Novern-1' Decem~ [ Janu~ 1940 Supplement to the Survey ary ary arc pn ay Lne July ugus tember c o er ber ber 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_~ Rubber tires and inner tubes~-~~~do~ ~~ ~ _____ ~

Textiles and their products~~~~~~~~~do~~~~ -~-~~~-~-Fabrics~~~~~~~-~~~~~~~~~~~~~-~~~ .do~-~-WeMing appareL ~-~~~~~~~~~-~~-~do~~~~

Tobacco manufactures_~~-~~~~~~ ~~~do~-~~ Factory average weekly earnings, by States: Delaware~~~~~~_~~~~~~~~~~~~~_~~ 1923-25 = 100~ ~ Illinoist ~ ~ ~ ~ ~ ~~~~~ ~ ~~~~ ~ ~~ ~ ~ ~~ ~~1935--39= 100 .• Massachusetts_~~~~~~~~~~~~~--~ ~1925-27 =100.~ New Jersey~-~~_~-~~_~~~~~~~~~~ ~1923-25=100~~ New York~~~~~~~~~~~~~~~_~-~~~ ~1925-27= 100. Pennsylvania~~~~~~~~~~~~~~.~~~~ 1923-25 = 100 Wisconsint ~ ~ ~ -~~ ~~~ ~-~ ~ ~~~~~~ ~~1925-27= 100

Miscellaneous wa~:e data: Construction wage rates (E. N. R.):,

Common labor~~~~~~~~~~~~~~dol. per hour~~ Skilled labor~~~~~~~~~~~~~~~~~~~-~~ ~~-do~.-~

Farm wages without board (quarterly) dol. per month~~

Railway wages (avg., class I) ~~-dol. per hour~~ Road-building wages, common labor:

United States, average __ .~~~~.dol. per hour .. East North CentraL.~~~~~~-~--~~~~do.~~~ East South CentraL.~.~~~~-~~~--~~do .. ~~ Middle Atlantic~~~.~~~~~~~~~~~~~~~ ~do~~~~ Mountain~~~~~~-~~~~~~--~~~~~~~~. ~~do~~~~

~:citfc~gla~n~:::: :: ~: :::::::::::: :~~::: _ South Atlantic.~_~~~._~~~~ ____ . _~ .. do~~-~ West North CentraL.~-~~~~~~~-~~~do~~~­West South CentraL~~~~~-~~~-~~~~do.~~~

PUBLIC ASSISTANCE 'l'otal public assistance and earnings of persons

employed under Federal work programst mil. of doL.

Assistance to recipients:§ Special types of public assistance~~-~.do~~~~

Old-age a•sistance• ~~~~ ·~· ~--~~.~.~--do_.~~ General relieL~~-~ ~ ~- ~ ~ ~ ~~ ~ ~ ~ _~~.~~_~do_~ Subsistence payments certified by the Farm

Secunty Admmistrati<m~. ~ ~m1l. of dol Earnings of persons employed under Federal

work programs: Civilian Conservation Corps~_ ~mil. of dol National Youth Administration:

Student work program_.-~---------do.~·~ Out-of-school work program.~ _____ do~.

Work Projects Administration~ .. -~~~do-~­Other Federal agency projects financed

from emergency fundst ~ ~ ~ ___ mil. of dol _ ~:arnings un regular Federal construction

106.4 117. 5 111.7 136. I 106.0 121.4 121.1

.713 1. 47

. 43 • ()7 . 33 . 59 . 53 . 59 . 72 . 34 . 48 :l~

0. 777 • 964 . t,os .484 • 544 • 491

92.1 108.8 95.9

116. 4 95.4

105. 2 107.8 i

. 685 1. 47

. 751

. i3

. 62

. 33

. 62

. S9

. 50

. 72

. :l2

. 50

. :l~

,II 89 40

2

20

3 6

11.1

0. 779 . 963 . 505 .482 • 543 .490

93.4 108.6 98.6

118. 6 97.4

106. 3 109.0

. 685 1. 47

. 735

. 41

. 69

. 33

. 59

. 55

. f,~~

. 70

. 32

. 4.1

. 3~

254

51 38 39

17

0. 779 • 966 ' . 495 II

• 482 . 519 I . 493

96.3 108.2 96.7

118.7 95.1

105.9 109. 1

• 685 1. 47

36.41 . 731

. 42

. 66

. 33

. 57

. 55

. 5~

. 74

. :l3

. .!.1

. 38

248

51 38 37

0. 778 0. 780 • 968 • 967 . 496 . 496 .484 .484 I

• 518 .518 . 497 • 505

94.9 H 6 108. 7 110. 3 97. 6 98.7

120.4 1~2. 6 96.2 97. 5

107.0 108.9 111.1 111.0

. 690 . 703 1. 47 1. 47

. 723 . 728

. 45 46

. 61 -63

. 33 33

. 52 54

. 56 [J6

. 53 49

. (i7 tiS

. 33 :l3

. 45 46

. 38 . 39

239

51 39 34

52 39 31

18 18 16

0. 785 . 971 .502 . 486 .534 . 502

94.6 109.6 101.1 121.3 97.6

107.9 107.4

. 707 1. 48

37.18 . 723

.47

. 61

. 35

. 53

. 56

. 49

. 68

. 32

. 47

. 38

212

53 40 32

18

o. 779 0. 780 . 960 . 971 . 512 . 514 .486 .487 • 558 • 563 • 492 • 487

90.4 93. I 111. 0 112.0 101.3 104.2 122.6 126.6 99.4 101.0

111.8 113.6 110.3 111.4

. 707 . 711 1.48 1. 48

. 719 . 737

.47 .47

. 62 . 61

. :J5 . 34

. 54 . 53

. 56 . 55

. 50 . 50

. 68 . 68

. 34 . 3:l

.47 .48

. as . as

213

53 40 32

19

203

53 40 29

17

3 3 3 2 (~ (~ (~ 6 6 6 6 3 5 5

0. 774 . 962 . 509 . 487 . 552 • 484

95.4 113. 5 103.8 127.5 100.8 115.8 114. ti

. 711 1. 48

36.84 . 725

. 48

. 63

. a5

. 54

. 54

. 51

. 70

. 34

. 49

. 38

216

54 41 29

18

2 5

102

0. 781 . 971 . 504 . 487 I

. 539

.486

•97. 0 112.4 102.7 127. 6 100.4 115.5 116.0

. 711 1. 48

. 741

. 48

. 63

. 34

. 56

. 54

. 56

. 72

. 35

. 49

. 37

209

.~5 41 29

19

3 5

g:l

o. 7S4 . 971 .• 1117 . 4SS . 5-lt . 49\1

104_ 0 llfi. 8 108.8 1:34. ~

'104. 4 120. ~ IW_IJ

. 711 I. 48

. 746

f)tj

42 311

16

3 6

J02

0. 780 . 9.17 . ,112 .-W2 . ;):}2 .. H),..;

r 'JS. 1 115.6 107. fj !33, s JUl..)

, 117. 5 117. (i

.ill 1. 47

36. 61

.4:1

. 68

. a.-;

.. w

. 51 '5:) . 70 . 34 . 47 . :l8

(')

•3 8

•104

projects• ~ _ mil. of doL

II

24

124 120 114 100 97 97 • 94

6

• I 10 I 10 10 10 8

----=25~----a~o~--~3=4~---=36~--~3~9~--~4=4~--~47~----"=6~--~6~ __ --'_o~~--'-10_·1

BANii:ING Acceptances and corn'! paper outstanding:

Bankers' acceptances, totaL~~~-~rnil. of doL. Held by Federal Reserve banks __ do __ ~_ Held by accepting banks, total _ do~---

Own bills.~~~-~ __ ----~~-~~---·do.~-Bills bought_~~~~~-~.~~-~~~~---·-- .do •. ~~

Held by others~----~~ ~-~~~~~~~~~~~~~dO~-~· Commercial paper outstanding~ .. ~~~~~ ~do~~~~

Agricultural loans outstanding of agencies su~ pervised by the Farm Credit Adm.:

Total, e<cl. joint-stock land bks. t _mil. of doL~ Farm mortgage loans, totaL~~-~~~~~~dO~~~~

Federal land banks~.~~~~~-~~- -~~~~do~ .. Land Bank Commissioner~~._-~~~_ do.~-_

Loans to cooperatives, totaL~~~-~~-~~dO~~-~ Banks for cooperatives, incl. central bank~~~-~~~~~-~-~~~~-~·--·~mil. of doL

Agri. Mktg. Act revolving fund~~~~do~~-~ Short term credit, totalt ~~~~-··-~·~-~do~ .

Fed01ral intermediate credit banks, loans to and discounts for:

Regional agricultural credit corps., prod. credit ass'ns, and banks for cooperativescl'~-~~ -~~~~-~~mil. of doL~

Other financing institutions .. ~~~~dO~-~~ Production credit associations~~ .. ~ ~do~~.~ Regional agr. credit corporations~~ ~do~~_~ Emergency crop loanst __ ~ .. ~~~~-~.do~~~~ Drought relief loans._~~~ __ ~~~~--~~ ~do~~-~

Joint-stock land banks, 'n liquidation.~do~-~~ Bank debits, total (141 cities)_ ~--~~~~~~--dO~--~

New York CitY~--~~~-~-~~-~-~~~-~~~~~-do .. ~~ Outside New York Clty ~~-~~~~~~~~~~~~dO~~~

~12 I)

164 yy 65 4S

241

2, 970 2,485 I, 842

643 91

74 16

393

192 36

182 6

119 50 46

32, 725 13, 26S 19, 457

233 I)

IS~ 123 65 45

226

3, 047 2. 580 I, 89"1

6g4 94

72 20

373

165 35

160 8

118 52 62

29, 482 12, 138 17,344

230 0

184 121 63 46

233

3,053 2, 568 I, 890

678 91

69 20

394

176 36

174 8

124 52 61

34, 73~ 15,201 19,537

FINANCE

223 0

178 118

61 45

239

3,059 2, 560 1, 886

674 88

67 19

412

185 38

186 8

!28 52 58

34,769 15,519 19,250

214 0

171 113 58 43

234

3,0.18 2, 553 1,8~3

671 83

M 18

422

191 38

195 8

129 52 56

'34, 194 14,536 19, 659

2)6 0

136 112

i4 10

2!4

3,01)0 2, 549 1, 8HO

6ii9 m ti2 l8

4:~

1~6 40

200 8

130 52 55

31,960 13, 110 18, R5G

188 0

1.12 103 49 36

232

3,0.56 2, 540 I, 875

665 82

65 15

434

199 42

204 R

129 52 54

'32, 856 13,612

' 19, 244

182 0

148 103 44 34

245

3,050 2, 534 I, 871

663 83

67 15

433

203 42

203 7

128 52 53

29,918 11,604 18,314

177 0

142 100 42 35

251

3,035 2, 526 1, ~67

659 £9

73 16

420

197 41

195 7

127 51 52

'30, 862 12,594 18, 267

187 0

149 96 53 38

252

3,008 2, 517 1, 862

655 96

79 17

394

191 35

180 6

122 51 51

36, 317 14,952 21,365 1

, Revised. • Preliminary. • Le's than $500,000. cl'To avoid duplication these loans are excluded irorn the totals. 1 Not available. ,Construction wage rates as of March 1, 1941; common labor, $0.716; skilled labor, $1.47.

197 0

!59 99 60 38

232

2,9M 2, 508 1,856

652 96

77 17

383

188 34

173 6

119 51 51

3R, 771 14,952 20,819

21)9 ()

l(ii 100 Gi 42

218

2, 973 2, 500 I, SSI

6-!?\ 9:3

187 34

172 6

118 50 48

T 42, 952 18, 626 24, 327 \

2, 964 2,4811 1, S44

G45 92

lt\G 35

174 6

117 50 47

37, 645 15, 147 22, 498

§Figures for special types of public assistance and general relief exclude the cost of hospitalization and burial. The cost of medical care is also excluded beginning Sep­tember 1940; this item is included in all earlier data on general relief and in figures for July 1937-August 1940 on special types of assistance.

tRevised series. Indexes for Illinois revised to a 1935-39 base; for factors for converting indexes on a 1925--27 base begim1ing 1935. seep. 29 of the January !941 Survey. Revis•d indexes for Wisconsin beginning 1925 will be shown in an early issue. For revisions in data on emergency crop loans published in the Survey prior to the September !940 issue, see note marked "t" on p. 76 of the February 1941 Survey. Total public assistance and "other Federal agency projects financed from emergency funds" revised in the March 1941 Survey to exclude earnings on regnlar Federal construction projects; revised data for 11133 to 1939 will be published in a subsequent issue.

*New series. For data beginning 1933 for old-age assistance, see table 56, p. 17 of the December 1940 Survey. Data on earnings on regular Federal construction projects beginning 1933 not shown in the March 1941 Survey will be published in a subsequent issue

Ap1·il 1D41 SURVEY OF CURRENT BUSINESS 31

Motgo~~t~hee1~so!,u1~r1~cie•~.-~o;r 1t!h~e~';..duargtyah,0m~t"ae0y5eb~e0~reo~uen~d!:,:n;,0ttohee; I F1e9b4r1u~-~---F--e-br·u·:--~--M·--ar·c···h·-~--A-·p-r-t:l· -~- _M_a_y--~--Ju_n_e --~ 1940 --~-- --- - ------ ----- -- -- --···-- ... --- ·i_!_!)__4_l 1940 Supplement to the Survey ary ary July I August I te~b~r I October I N'bve~m·l Db~~m· 1!~;"

·-·· --- . --'---~---'----'-----'-----'-----'-- ----------

FINANCE-Continued

BANKING-Continued I I Federal Reserve banks, condition, end of mo.:

Assets, total _____________________ mil. of doL. Reserve bank crodit outstanding, total

23,528 19,497 19,677 20,042 20, 58.5 21,408

mil. of doL 2, 265 2, 547 2, 529 2, 518 2, 519 2, 531 Bills bought ... ____________________ do ____ 0 0 0 0 0 0 Bills discounted ____________________ do. ___ 3 7 4 3 3 2 United States securities ____________ do ____ 2,184 2, 477 2, 475 2,467 2, 477 2, 466

Res\>rves, totaL ______ .. ______________ do ____ 20,366 16, !81 16,451 16,809 17, 346 18,120 Gold certificates _____ .. __ ._. ________ do ____ 20,031 15,813 16,076 16,428 16,994 17, 754

Liabilities. total ____ ..... __ ._. ________ .. _ .do. __ . 23,528 19,497 19, 6i7 20,042 20, 585 21,408 Deposits, totaL -------------------·-do ____ 16,351 13,630 13,815 H, 152 14, 575 15,213

Member bank reserve balances --- .. do ____ 14,203 12,328 12,42.1 12,919 13, 237 13, 781 Excess reserves (estimated). ..... do ____ 6, 534 5, 692 5, 828 6, 149 6, 385 6, 857

Federal Reserve notes in circulation .do ____ 6,022 4, 872 4, 931 4, 941 5, 0,)7 5,199 Reserve ratio __ ~-- ___ percent.. 91.0 87.5 87.8 88.0 88.4 88.8

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 Demand, except interbank:

Individuals, partnerships, and corpora· tions .. ____________________ .mil. of doL. 22,812 18,929 18,743 19,253 19,696 20,167

States and political subdivisions. _.do ____ 1,820 I, 432 1, 351 1, 594 1, 578 1, 434 United States Government._. _____ do ____ 332 559 562 560 560 .515

Time, except interbank, totaL_. mil. of doL_ 5, 478 5, 302 5, 373 5, 323 5, 333 5, 352 Individuals, partnerships, and corpora-

tions .... ____ . ______________ mil. of doL 5, 273 5, 085 5,165 5,121 5,120 5,146 States and political snbdivisions .... do ____ 179 201 188 183 191 183

Interbank, domestic. _____ . ___________ do. ___ 9, 253 8, 085 8, 424 8, 460 8,431 8, 577 Investments, totaL. _____ ... ____________ do ..•• 16,955 14. 740 14,666 14,881 15,049 15,124

U.S. Govt. direct obligations, totaLdo ..•• 10,334 8, 851 8,848 8, 960 9, 081 9, 202 Bills ...... _____ ... _________________ do ____ 727 647 509 593 627 757 Bonds .... _________________________ do ____ 7,052 6, 469 6, 518 6, 496 6, 528 6,382 Notes __ .. _________________________ do ..•. 2, 555 I, 735 1,821 1,871 1, 926 2, 063

Obligat.ions fully guaranteed by U. S. Gov· ernment._ ____________________ mil. of doL. 2, 766 2, 421 2,380 2. 427 2, 399 2. 405

Other securitie~ ... ____ . ______ . __ . ____ do ____ 3, s.o5 3, 468 3, 438 3, 494 3, 569 3, 517 Loan.~. totaL ••.. ______ ------------ ____ do ____ 9,495 8, 528 8, 649 8, 661 8, 475 8, 462

Commercial, industrial, and agricultural loans. ________________________ mil. of doL_ 5, 227 4, 324 4,414 4, 409 4,367 4, 438

Op<m market paper ...... ___ ... ___ .. do .. __ 319 332 337 326 322 301 To brokers and dealers in securities .. do. ___ 478 609 625 626 478 380 Other loans for purchasing or carrying

securities .... _________________ mil. of doL 455 478 476 474 481 471 Heal estate loans .. _______ ---------- .. do ____ 1, 232 1, 185 1, 185 1, 187 ], 189 1,199 Loans to banks _______________________ do .... 36 52 51 52 46 40 Other loans .. ------------ ...... ___ ... do. ___

Instalment loans to consumers:• 1, 748 1, 548 1, 561 1, 587 I, 592 1,633

By industrial banking companies: Loans made __________________________ do ____ -- --- 39.9 46.4 47.8 48.2 47.0 Hepayrnents ______________________ do. ___ --------- 38.4 41.7 43. I 42.6 42.6 Amount outstandin~t, end ofmonth ... do ____ --------- 258.9 263.6 268.3 273.9 278.3

H y personal finance companies: Loans made __________________ _______ do ____ --------- 62.4 80.7 76.5 78.6 79.1 He payments .... __ .---- _____________ .do ____ --------- 61.3 73.0 69.8 71.3 70.3 Amount outstanding, end of month __ .do. ___ --------- 440.5 448.2 454.9 462.2 471.0

Money and interest rates: Bank rates to customers:

New York City __ _____ percent __ --------- --------- 2. 03 --------- ------- 2.00 7 other northern and-eastern cities _____ do ___ --------- --------- 2.67 --------- --------- 2.49 II southern and western cities ________ do ____ -------- 3.35 --------- --------- 3.38

Bond yields, Moody's (•ee p. 36). Discount rate (N.Y. F. R. Bank) ..... do ____ 1.00 1.00 1.00 1.00 1.00 1.00 Federal land bank loans _________________ do ____ 4.00 4.00 4. 00 4.00 4. 00 4. 00 Federal intermediate credit bank loans .do __ ._ LW 1.50 I. 50 I. 50 1..50 1.50 Open markl't ratl's, N.Y. C.:

Prevailing rate: Acceptances, prime, bankers, 00 days

percent __ ~"in ~'i6 ~'i6 ~'i6 ~1e ~,']6 (.,om'l paper, prime, 4-6 rnonths~ ___ do ___ H-~,s ~2-!fii h-·~8 H-~B ~2-~8 ~2--0s 'l'irne loans, 90 days (N.Y. S. E.) .. do ____ IH 1~4 H4 ll4 1~4 IH

A veragr rate: Call loans, renewal (N.Y. S. E.) ... do .... 1. 00 1.00 1.00 1.00 1.00 1.00 U.S. Treasury bills, 91 days ....... do ____ .04 .02 . 02 .02 .On .10

Av. yield, U.S. Treas. notes, 3-5 yrs .. do ____ .• 55 . 46 . 42 . 45 . 65 -76 Savings deposits:

Savings banks in New York Statg: Amount due depositors_. _______ mil. of doL 5, t)5:! .5, 632 5, 676 5,660 ,), 644 ·'· 670 ll. S. Postal Savings: Balance to credit of dGpositors. ___ . ___ do .. __ 1,:316 1,297 1,301 1, 303 1, 299 I, 29:l Balance on deposit in banks __________ do ____ ' 32 48 45 44 43 43

COMMERCIAL FAILURESt Grand totaL ------- --- .number .. 1,129 1, 042 1,197 1, 291 1, 238 1, 114

Commorcial service, totaL .. ..... do ... 66 48 5S 72 46 48 Construction, totaL .. --- _______ do 58 66 63 78 70 61 Manufacturing and mining, totaL_. ___ do._:- 182 184 202 246 24.5 207

Mining (coal, oil, miscellaneous). __ ._ do. 7 6 5 II 5 7 Chemicals and allied products ________ do ____ 7 7 II 7 14 ' E'ood and kindred products ___________ do .... 25 36 35 54 33 29 Lumber and products ________________ do ____ 24 21 30 24 34 30 Iron and steel and products __________ do. ___ 5 8 11 14 10 8 Leather and leather products _________ do ____ 7 13 8 7 14 9 Machinery ___ . ___ .. _____ . _________ do ____ 15 7 8 7 13 11 Paper, printing, and publishing ______ do ____ 13 19 19 32 27 20 Stone, clay, and glass products ______ _do ____ l 2 2 3 6 2 3 Textile-mill products and appareL ... do ____ 42 42 41 53 54 57 Transportation equipment. __________ do ____ 5 I 4 4 3 3 .'vi iscellaneous .... _. ______________ •.•. do ____ 30 22 27 27 36 23

r Revised. !Revised series. See footnote marked "t" on page 32 of this issue.

21,801 22,176 22,440

2, 484 2, 516 2, 485 0 0 0 4 4 5

2, 448 2, 436 2, 434 18,579 18,959 19,272 18, 202 18,618 18, 940 21,801 22, 176 22,440 15,575 15,867 16,063 13,498 13,541 13, 727 6, 514 6, 525 6, 655 5, 248 5, 370 5, 450 89.2 89.3 89.6

20,984 20,901 21,152

20,499 20,415 20,741 1, 497 I, 440 1,463

505 509 508 5, 341 5, 380 5, 381

5,144 5,174 5,187 175 182 170

8, 239 8, 50.) 8, 734 15,461 15,622 15, 544 9, 4,57 r9, 373 9, 280

791 705 628 6, 567 6, 573 6, 540 2,099 2, 095 2, 112

2,418 2 . .184 2, 582 3, 586 3, 665 3, fl82 8, 517 8, 566 8, 785

4,441 4,480 4, 630 291 294 297 419 390 446

474 463 460 I, 210 1, 219 I, 220

40 48 41 I, 642 1, 672 1,691

45.3 42.6 41.0 44.2 42.0 38.5

279.4 280.0 282.5

78.4 711.8 69.2 72.7 70.0 68.4

476.7 483.5 484.3

------- -------- 2.14 --------- --------- 2.56 --------- --------- 3. 43

1.00 1.00 1.00 4.00 4.00 4. 00 1. 50 I. 50 I. 50

~ i6 ?'if> ~15 }2-~8 ~-1-~S ~'2-~8

1!4 IH l~l

1.00 1.00 1.00 . o.o .04 .0.5 . fi7 . 58 . 48

5,6:!1 5,629 5, 6!\7

1, 297 I, 298 I, 296 42 41 40

1, 175 1, 128 976 50 49 49 65 49 58

206 196 173 7 8 7

16 9 8 30 21 22 29 28 24 14 7 7 4 g 10

11 14 7 12 24 20 2 3 2

56 46 39 4 4 6

21 23 21

22, ~65 23, 017

2,412 2, 30i 0 0 4 4

2,333 2, 199 19,632 19,881 19,289 19,586 22,865 23,017 16,218 16, 191 14,208 14,215 6, 960 6, 849 5, 577 5, 743 90.1 90.6

21,858 '22, 189

21,266 21,771 I, 651 1, 495

506 509 5, 371 5,397

5,171 5,180 175 192

8, 707 8, 843 15,693 1.5, 774 9, 374 9, 543

736 784 6, 804 6,898 1, 834 I, 861

2, 627 2, 707 3, 692 3 .. )24 8, 909 9, 128

4, 773 4, 911 304 299 410 467

455 460 1, 222 1, 228

36 39 I, 709 I, 724

44.4 4:1. 7 43.8 43. I

283.1 283.7

74.3 77.4 74. I 74.8

484.5 487. I

----------- --- ------- -- -----

1.00 1.00 4. 00 4. 00 !..50 1..50

~ 16 7 iu }0-}~ ! , __ ,,,

I'' "' lH

1.00 I. 00 . 02 .02 . 43 . :l4

5, 630 ·'- fi30 I 1, 291\ r 1. 299 i

38 ,. 37

1, 111 1,024 44 40 71 .13

200 196 6 6 8 15

40 29 21 22

7 14 6 7

14 II 20 19 3 I

fl4 44 2 4

19 24

23,262

'2, 274 0 3

2,184 20,036

'19, 760 23, 262 16, 127 14,026 6, 615 .>, 931 90.8

22,299

22,324 1, 595

451 5, 455

5, 234 196

9,065 ltl, 137 9, 719

6ll '(\,978 '2, 130

2. 743 3, 67.1 9, 390

5,018 301 584

465 1, 230

:l7 1, 7.15

4S. fJ H.li

287.7

107.1\ 89.3

5CS. 4

2. 00 2 .• o3 3. 36

1.00 ·1. 00 L .50

~if; h-'f~

1}4

LOll .0:2 . :t~

5,1\83

1, 304 :J8

1,086 48 .17

188 6

13 30 20 6

10 6

11 3

59 I

ZJ

'

23,306

2, 2.50 0 2

2,184 20, 28.o 19,913 23, 306 16,39!i 13,930 f>,380 5,884 nLo

22,932

22,401 1, 579

214 5,448

5, 240 185

9, 076 Hi, 368 9, 900

685 7. 051 2, 214

2, 744 3. n74 9, :lOS

5, 076 314 4.o8

459 I, 2?~

.l.l 1, 737

44 .. l 43.3

288.9

()8. 5 70.5

503.4

1.00 .02 • 4:l

1, 124 4:)

54 161

' 27 15

1\ 1\ 5

16 4

~4 I

~3

'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

19-1-0 gether with explanatory notes and references ~

Monthly statistics through December 1939, to- ' 1941 I ]~!~~~~~~~;~; t~~~~~~ b::~u~~~~ t::_:-~E~ __:~Z1~larch J~r:il__l_~' , -~u:: __ '-~uly COMMERCIAL F AILURESt-Continucd

I Failures-Continued. I

Retail trade, totaL ______________ .. number .1 \Yholesale trade, totaL ______________ .do __ _

Liabilities, grand total_.___ thons. of dol I Commercial service, total.~~::: .do_.::l f"1onstruction, totaL__________ rio ___ _ Manufacturing and mining, total do ___ _

Mining (coal, oil, miscellanpous) do .... 1 Chemicals and allied products do ___ .

Food and kindred products.. •!o Lumtwr and products__ do Iron and steel and product$ _ _ _ do Leather and leather products __ do 1\lachinery ___________ . ____ .. __ . _ __do Paper, printing and puhlishing ______ do ___ _ Stone, elay, and .glass products_. _____ do ___ _ Textik-mill prorlucts and apparel. __ do. __ _ Transportation equipment. ____ .do ___ _ 1\.1iscrllnneous ___ do ___ _

Retail trade, total ________________ ·-- .do. __ _ Wholesale trade, totaL ________________ do ___ _

LIFE INSURANCE

(Association of Life Insurance Pre&idents)

Assets, admitted, totalt .. mil. of doL Mort!(a!(e loans, total ______ do

Farm__ _ __ do_ Other.__ _ _____ do

Real-pstateholdings ... _____________ do Policy loans <lnti premium notes.. _ do Bonds and stor·ks held (book value), total

mil. of dol <lo>'t. (dompstic and foreign), totaldo

U. H. <to\·ernment___ _ _________ do Puhlic utility____ _ ____ do Railroad___ _ __________ do. Other _______________ do

Cash__ __ . ______________________ do. Other admitted assets __________________ do

Insurance written:® Polici(•S and rertificates, total numbPr

thousauds .. ________ do. Group

JnrlustriaL __ Ordinary

_ ___________ clo.

Value. total Group Industrial Ordinnr~· ___ _

Premium eollE'ctions, total® __ A.nnuiti('S Group __ . Industrial ___ _ Ordinary ____ _

_______ do __ _ thous. of dol

do __ cio.

do .. dn .. do

. .. do _ ______ do

_ ________ do ___ _

(Life Insnrance Sales Research Bnrean)

Insurance written, ordinary, tota!.thot:s. of doL. New England_______ _ _________ do ___ _ 1\Iiddle Atlantic ______________________ do ___ _ East North Central ___________________ do. __ West North Central..--------------·- do ___ _ South Atlantic _ _____ _ ________ do ___ _ East South CentraL... ____________ do .. West South Central _________________ rio ___ _ Mountain ______________________________ do ___ _ Pacific _________________________________ do __

Lapse rates _________________ .. ____ !92.5-26=100.

MONETARY STATISTICS

Foreign exchange rates: Argentina ____ . ___ dol. per paper peso. Belgium_________ _ ______ dol. perbelga __ Brazil, officiaL _____ dol. per milreis __ British India.. _____ dol. per rupee __ Canada _______________ dol. per Canadian doL_

1

1

~~i~~iiia-: ~ :-:: ~ ~-: ~~ ~ ~: ~. :·. ~ :~~~~~:~;~r-r~f~::-Germany __ ·------- _____ dol. per reichsmark. ··1 Italy ________________________ dol.perhra _ Japa!'---------- ______ dol. per yen I Mexico________ _ _ _ dol. per peso _ Netherlands.__ _ dol per gmlder Sweden _ _ . dol. per krona 1

Fnited Kingilom_ .. dol. per£ -i Gold: 1

719 104

t:l, ~~} x:~r;

f),H>,:{ 2\11 11:1

jf).-)

:1St 121 rl):) lX:i 2!

fiOO (ill)

I, 2~8 4, .\Ill I. iii!

727 ~2

4fl4 2:l1

!'ib9. aio 4-4,'2:11

l:·H_i, Wtl -lOS, \J;'i;)

537, 557 46, .\49

148,981 126.131) 49. 509 .10. 217 20,101 3~. 829 12,481 43. 654

298 (')

061 .3()!

. 837 Oli2

'570 (') . 400 .050 . 234 . 205

(Z)

. 238 4. 030

Monetary stock, U S_ _ ___ mil. of dol ' 22,231 Movement, foreign:

:-Jet release from earmark, ___ thous. of doL_ -46, 15:J Exports____ _ ________ do____ ~

Imports .... _._ _ _____________ do____ Wb, fi!.o

FIXAXCE--Continued ------------------

642 102

13,472 5i5

I. 6.1.\ 4, Xi()

22ti 2911

I. 1114

tiX 247 .S]2 goG

52 497 214 234

4. 503 1,Sfl3

24, 130 4, .143

fi59 3, 884 I. 720 2. 496

1:), tiHfi ti, 373 4, t·97 3, 4fl4 2, 655 1, 494

921 46·1

697 25

439 232

.r'i()I, ti3R :l8, 120

125, 226 39~ ':h}''

263: ii77 25. -562 12.451 56, !54

168, 910

506,212 39,6:13

144, 717 120,47:1 46, 6(il 4z. 1~! 11, 6,JJ 36.141 12, 7(il 41,005

298 .169 . 061 . 302 . 867 . 0.)2 . 573 . 022 .401 . 050 . 234 . 167 . 531 . 238

3. 96:1

18, 177

754 123

11, 681 1-~2 (it),"

4, 21-t 142 :l3G 84\1 G7fl ·17() 2-t2 lll!i 2()7

71 696 107 309

4, 647 I, 340

24,240 4, ,)52

661 a. R91 I. 711 ~- 4H4

I4. o:;.; G, 3\=li.i 4. i\24 3, 4,1 2. 65f-l I, •199

983 475

770 26

483 262

61G. 08.1 37, 556

138,.145 439, \!84 277, 439

27.248 12,960 62. :J37

174,894

567,872 43. 149

159, 172 132, 72S

53, 070 53.054 21, 9!19 42, fi65 14,730 47, 335

. 298

.170

. 0131 -302 . 829 . 052 . 571 . 021 . 401 . 0.)0 -234 . 167 . s:n . 238

3. 759

18,43:3

36,954 -213,H7 5:1 18

201,470 459.845

781 114

16.247 911

], .~-17 fl. 8i'i~

4~S ;i2

l. t)~i .>:18 :~07 1'l0 !l2

I, 344 182 7.)2 251

1,0411 ;,, 21n 1, 6f1G

24. 339 4, 5.)5

661 3. 894 I, 718 2, 472

14. 21X t). .1'29 4. j[',{)

a. 504 2. 6!i8 I, .517

901) 470

766 30

472 263

524. 770 39. 800

135. 852 449. 118 268, 861i 24-,971 12, 239 69,543

162. 113

574, 453 43, 976

1.\8, 1<74 !32, 451 54, 293 57, 784 20, 752 42, 82'> !~, ~5~ 4t,d.l

298 . Ifi9 . 061 . 302 . 812 • 052 '570 . 020 . 401 . 050 . 234 . 167 . 531 .n;

3. 52fi

18,770

67, 11)2 33

249, 885

/,17 120

13,068 570

I. 201 4, ,)L)f)

201) 117 7.10 ~14 1:1~ 214 201) 2/8 32

s:JG 8i

-140 5, 14.~ 1, G4tl

24,420 4, 513

6li2 3. III 1 1. /It) 2, 407

I-t. 0~r) ti. [Jl7 4, 7:.{,1) 3. 500 2, 717 1, 5S2

87-5 41/4

793 42

494 25fi

626. 3.\7 44, 8fi9

141,921 4:!9, :iU7 26(\. 430 24. 7;iiJ 12, 583 57, 252

171, 845

571, 625 42.416

157, 222 !3l. 230

5S, Sfi4 55, ~97 21,857 41,550 15, 154 47,435

. 291\ I. 11)7 . 060

301 .810 . 052 '570 . 019 . 400 .050 . 234 • 1()7

1. 531 • 23.'<

3. 271

19,209

fi85 113

1::. 734 1,100

n~·l 4. ~J!d

411 411

1. i\112 r~-tx

1:1~ ~:)I

2~, 22!) 82

1, 02G 140 774

;i;)H 1 38:1

21, 4()4 4, 591

fi(i3 3, 9ZS I. 714 2. -tt;a

14. :H7 6, 5'20 4, 721 3. fit.) 2, itl'\ I. 574

952 427

714 35

41fl 2:J3

597, 4i'JIJ 48, 911\

128, 232 420. 272 2;)6, 103 25, t7:) 11,594 57, 112

162. 129

553, 1)86 41 --o-

146: i\Ii1 123, :!70 54. :~90 58.1191 24, ".'11 44, I"J9.1 14, ~15() 44, ~:30

91

~-~~8 11)

. (61

.101 . 801 . C52 . 572

'· 020 .400 -050 . 231 . 1>4

(2)

. 2l'l 3,()]2

19.9\3

738 llfi

16,213 .5\)4 847

7, (J.)O

2. 2.\1) 27)~{

tll!l :l4~ 'l.S ~

f\4 9119 272 lSI!

I, lS-I 58

383 5, 9fi4 1, 758

24. H23 4, 608

()03 3, VL1 1. 71! 2, 4f>3

ll,[J'2i ti. ti.Sl 4. :-<.02 :3, 572 2, t\99 I.f>0-5

897 424

697 3:l

428 235

60;,, 326 4:l, .520

12l. 1!)2 4:17, ti14 ::!117. ilt :;:,.on 12. Sl2 55,.147

!64, :nz

561\,061 40. 743

1-51,409 129. 281 5~. OUi 57, fi33 22, 21~ 4.\ :;w H.>\93 4fl. 435

298 (1)

. 061

. 301

. 869

. 052

. 571 (2)

. 400

.050

. 234 . 199

(2)

. 2:JS 3. 805

20, 41;3

-3~), 6.12 --!:fi,'21-1 --5~, 01>4 3,,51\3 I. 2W ~

-13~. f\9.i l.Ifi4,224 .i19. 98:J

August

732 102

12,997 5G2

I, 272 4, :lS6

421 :ll

770 ~4r1 12~ Hl7 :125 288

16 1, 171

40 !EM

5, O:)ti I, 721

24,719 4. 621

6()3 3, [l58 1, iW 2. 445

14 ti"'4 o: 738 4. V29 :), 579 2,fWl I, fil3

sss 42.1

683 32

42fi 22.1

.!)79, 2:S3 [):~. 757

Bl. 111 ,!llz .. n:; :21-li, 2tJ4

:22, 8:l4 12,339 [j.), 451

105, 610

528, 330 39, 6'12

133,296 J 19, 572 ?4. ~?7 <J2, t.::tl 20.882 42. 674 15,991 4~. 652

298 (') .Ofil . 301 . 869 . 052 . 570

(') . 400 .050 . 234 . 200

(2)

. 238 3. 979

20,913

66,976 10

:m .. lfl~

-588 !OS

II. :197 541 893

4, 740 1. :]4.i

lfl"i 2i2 Bf\6

49 W\

141) 399 112 nns 2.:i9 316

3, fifl3 I, 660

2!, 8fi9 4. 6.10

663 3. 9~7 1, 710 2. ,I:J6

H,l;~z

li.bl1 4, !l~1 :1, ,=)9~ 2, 717 1, 51lil

922 4.09

691 28

443 220

.5.f9, Hfl.5 40, i20

1:!7, 974 .1.,1. 261 ~4~. 824 ~.\ 938 1?, 303 liO, 409

I.')(l, 174

503, !27 38, 0,)6

129, OflG 113,821 50, 23R 51, 66, 20, on 42.1\47 12. 7fl8 44,260

. 29S (l) . 061 . 302 -855 '0:12 . 570

(21 '~9(1 .050 .234 • 199

(2) . 238

4. 034

21, 244

;;G, 628 13

334, 113

1)81 115

12, 715 57-1 1\.i-1

.1. 247 3t\l 432

I. 074 22i 92

!00 142 8(!0

69 I, 44:1

:l7 380

4, 1\l-1 I, S·lfl

24. 9fl3 4. 670

f)()()

4. 004 1. 707 2. 4:?5

14. 7t19 1), 819 !, 983 3.1i22 2, 731 1. 597

933 459

798 35

506 2.\6

648. 903 55, 2-H

J4fi. 465 447. 194 2-lfi. 403

21. 911 12. :lfi~ til, 7fi6

lfiO. 328

,j/3, 504 44. 112

15~. 087 130, 687 56, t73 56. 987 21, ti2.f 41, 77R 14, 747 49, 309

. 298 (2) . 061 .302 . 803 . 052 . 570

(') . 400 . 050 . 234 . 203

(Z\ . ng

4. 033

21. :,o6 -111.\Jl'i

17 32.1, 9RI

fi46 89

16, ,)72 596 838

9, 0\10 3. 067

444 1, 012

3-58 36?

75 175 250

25 o:J~

I. 399 .1/8

4.1i99 I, 349

23, 07G 4, 69-1

661 4, 030 1. 701 2, 413

14,851 6, 866 5,010 :J, 619 2, 745 I, 621

9.15 462

721 28

46g 22fi

560,912 34, 256

134.859 391,797 2-\1. .oOS

28. -l'i1 II.~H . lti, 278

154, 932

505,474 38,381

139,103 115,940 47, 328 50, 6.:')-1 19, 440 37,908 12.924 43, 790

. 29S (2) . 061 . 302 . 869 . o:;2 . 570

(2) . 400 . 050 . 234 . 204

(2) . 238

4. 03fl

21,801

-39, 49~r 6

330, 113

r Revised. 1 Average for !\lay 1-9. 2 ~o quotation. 3 Average for June 1-1.:'. 'jOr increase in earmarked gold (- ). t37 companies hadng 82 percent of total assets of alll::nited Slates le~al resern companies.

April l!Hl

691 102

l:l. 309 fi65 I

1.01:1 , .1, gz-.:

117 4-11

2, 3-!7 2;l4 708 l;):'o;

1:2 2.59 422 873

L5 2tl2

4, 097 1. 571)

25, 170 4. 697

f)(j:i

4, 034 l,fit)l 2, ~98

1:..o:ll ti, SR:J 5, o:~r) 3, i~-l 2. nsg 1,1)72

~()2

.118

800 67

4\ll n~

6?1, 740 10,_ 003 H2. 371 -l-t4, 3()(\ ;{.17, r;:~ .~1. 1~.') 1-t,g,jfi \H. 41)~~

1\19, ,163

-196. 531 40. 072

l.l\J, 5~! 137. 459

58. 527 M.072 2.5. 210 46,114-l }0, 370 fit, 5i6

91

:.ms (!J

.O'il

. 302

. Sf\fl ;

. 052

.. )il ('J . 400 .0.50 . 234 . 201

(!J , 2~{S

4. o:l5

7, 41i :;

13/, lito~

771 9.5

11, ~88 3,)9 5Wd

4, :!17 l!li

S;-.. ?<.lH 2if) .i.).)

21 ~ 2B

.12--t 16:3 b:.W

43:; .\.OK! 1, f12U

f\89 :;o

439 '219

.573, 12-l 3;), 744

12fi. 45>\ -lJ0,\!:!2 2~5. 22fi

:1~1, 1),~1

L'">.:nr • 611. S1::1

11l9,:Hii

522, 762 43, 440

1.51, 318 121, 164 4fi, 9f\3 49. 4i3 19. 207 35. 973 12,348 42, 876

2~<;.

(l) .061 . 301 -,.8 . 0.12 .. "ill

(q .. 400

. 0.)()

. 2:l4

. :?O.-) I' I

231-4. 034

22, 11f;

-.-.2. 812 4

234. 246

®40 companies through 1940 and 39 companies in 1U41 having gz percent of total life insurance (mtstanding in all C:1ited St.atrs le.!.al re~t'rYe e:nnpanks. tRevised series. Classification reYised to conform to thr "Standard Industrial C'lassifiration. ·· isstwd hy the ('rntral Statistical Board, inYolYing only a few changPs in

titles and transfers bet.wef>n classifications. Bakeries with retail outlets were shifted from manufacturing to retail trade. roal mines, oil wells. quarries. etc., report eel under mining, may be subtracted from the manufacturing group to give a true manufacturing total. For previous revision of 1939 datA. seep. 31 of the March 1940 Survey

April 1D41 SURVEY OF CURRENT BUSINESS 33

1940 Monthly statistics through December 1939, to-~· 1941 I gether with explanatory notes and 11eferences --­to the sources of the data, may be found in the Febru-1940 Supplement to the Survey ary Febru-1 March I April I May 1

1

June I July ary 1

11941

I Augu_s_t-,-I_S_e_p---~~-0-c_t_o_b-er--,-1 N_o_v_e_m--·~-D-ec_e_m_·IJanu-

tem ber ber ber ary

MONETARY STATISTICS-Continued I Gold-Continued.

Production, estimated world total, outside · U.S.S.R. ________________ thous. of doL ---------

Reported monthly, total , ___________ do ____ ---------Africa _____________________________ do ___ _ f'anada. ______________________ do ____ ---------United Statcso ____________________ do ___ _

Receipts at mint, domestic (unrefined) finr ounces 266, 601

Currency in circulation, totaL. ____ mil. of doL 8, 782 Silver:

fr~i,~~;~ :-:::::::::::::::::::: thot~s. of gg1::: I Price at New York __________ dol. per fine oz ...

Pre~~~~~§: -~-o_ri~----_-_-_-_-_-_-_-___ t~~~~: ~-f- fi~Jo o~:: 1:: Mexico_ _ _ _____________________ do ___ _ United States ________________________ do

Storks, refinery, end of month: United States. ______________________ do._

CORPORATION PROFITS (Quarterly)

.Federal Reserve Bank of New York: Industrial eorporations, total (168 cos.)~

mil. of dol Antos, parts, and accessork's (28 cos.) _do _____ _

817 3, 292 .348

Chemicals (13 cos.) ___________________ do ________ __ Food and beverages (19 cos.) _________ do __ _ 1\.JarhinPry and machine rnanufacturing

(17 cos.) __________ . . ____ mil. of dol l\l<'tals and minin!! (12 cos.)__ __do ___ l't'trolPum (13 cos.)_____ .do __ _ Rtt'Pl (11 cos.)_______ do. Miscellaneous (5.5 cos.)L ____ ___do ..

Puhlie utilities, rxcf'I)t stf'am railways and telephone eornpanil•s (nrt income) (52 cos.)

mil. of dol .F'cdrral Communicntions Commission:

1'clrphones (net op. income) (91 cos.) ... do ___ , ... Intrrstatr Cornnwrce Commission: I

Railways, class I (net income)_ _ _ ___ .do __ -~ Standard and Poor's Corporation (earnings) :6

f'ombinccl index, nnadjustcd• _____ l926=100 .. Industrials (119eos.) _______________ do __ __ Hailroads (class !)• ___________ do __ ..

1

Ctilitics (13 cos.).____ __ _ _ ... do __ _

PUBLIC FINANCE (Jo'EDERAL)

Debt, gross, end ofmonth __________ mil. of dol Public issues:

Interest bearing ______________________ do __ _ Nonintcrcst bearing _________________ do .. _

SpPcial issues to government agencies and trustfunds ______________ mil. of doL

Obligations fully guaranteed by U.S. Gov't: Total amount outstandingd' _____ mil. of doL_

By agcncirs:d' Federal Farm 2\fortgagc Corp. ____ do IIome Owners' Loan Corporntion __ do ___ _ Rl'construction J.i"""'inance Corp ____ do ___ .

Expenditures, total, including rPcovery anrl

46,090

40,002 554

5, 534

5, 914

1, 269 2, 612 I, 097

rPlicff_ __________________ tbons. of doL ll.077,438 Ocm•ral (including recovery and relief)_ do_ ii.054,:J87 Revoh·ingfnnds,nrt _______________ do __ i 930 Tmnsfrrstotrustaccountst_ __________ do ___ , 20,000 D<'llt r<'tircments. _ _ _ _ ___ do ___ I 67~: ~~~

RPC(i~~:~·~h;~);~~l'-t*~~=~---. . ---~~~~~-I .141, 3.12 Customs_ _____ <1o .... 1 3l,H30 Int(•nwl rPvf'nue, total . do _. _! .502, 046

llleonw taxcst_______ _____ .do __ • 10-t,-WS Soda! security t~xes_______ do .. ~-:

11 193,:179

Taxes fron1: Admissions to theaters. et(·®--- _do ___ l'

Capital stock transfers, etc® .... _____ do ___ Government corporations and credit ap-eneies:

1

:

Asst'ts, except intera!!ency, total __ mil. of doL. Loans and preferred stock. total _____ do

Loans to financial institutions (incl. prp-frrrrd stork) __________________ nlil. of doL

Loans to railroads ____________ -~ ____ do ____ 1

nome and housing mortgagl' loans __ f!o.-­Farm rnortgage n,nd other agricultural 1

Afrgr~ei-:·_-~-~-~-~ ~-~ ~:~ ::miL_"~~o1 ::1: ..

I, 910 1, 025

U. 8. obli~ations. direct and fully guaran- 1

B~~igess rr·~rri-i.Y~::.- ~ ~ ~: ~: ~: ::~liL_o;I~~'!:: 1::::. __ _ nn::~;,;. ~~~~;o~ _s~l::::: ::: ~:::::::~g:::: ::::::::::

FINANCE-Continued

I I

I 97,588 81,345 44,311 14,188 13,300

179, 559 7, 455

298 4, 070 .348

22,088 1, r,9o 6, 785 5, 61!

2, 295

I :•:::::•1

42, 375

37,493 526

4, 356

5, 673

I, 269 2, 78~ 1,096

66R. 376 654, 170

3, 812 10.000

:l94 44:l, 830 443, R:JO

2.0, 6.>1 3D4, OXR o~. fin3

177, 7Iif)

1, 853 1, 043

12, 078 8, 888

1.1911 509

2, 36!)

3, 700 I, 118

895 552 ()44

I, 100

104, 051 88,059 46,006 15,045 16, 201

259,423 7, 511

657 5, 724 . 348

22, 501 1, 786 5, 723 5, 744

2, 447

I

246.6 I ~~:i I!

17. I

106,852 p 90,940 p 47, 516

14,652 16, 391

240,003 7, 559

594 5, 170 . 348

24, 785 I, 770 8,140 6,120

l, 385

9. 0 4. 5

15.9 :-35. I 35.0

1-

: 61.4 i 62.5

d 12.8

92.6 102.5 d 7. 7 147.2

J ------- I ---

I

:~~!II :~~ 1,269 1,269 2, 770 2, 763 1,096 1,096

871. 5.>1 17\12, 288 815, gg;~ 750, 975

5, G3:l 5, 988 o I 20.000

49, 9.18 9, :325 9:l4. 208 ' 304,203 /9!/, 301 1

1

1r 304, 20:i

2B, 702 2fi, 4 79 8Rfi, 370 2HL 772 ()(if), 4~7 47.021

:JO, 481 ! 3\1, 1!14

2, 391 784

12, 116 8, 914

1.180 ·'17

2, 377

3, 699 1, 140

895 .155 fl29

1,12:J

2, 001 948

12. 17ti 8, g:JO

I, 198 521

2, 347

3, 705 1, lilO

891 5ii8 610

I, 187

106, 3671' 101, 3:Jfi 1' 110, 119 p 90, 554 p 88, 267 i p 93, 8il p 48, 471 p 47,027 • p 48, 475

15, 488 15, 795 15, 982 16,483 14, 845 18,849

233,901 7, 710

177 4, 589 . 349

22,269 1, 997 5, 619 5, 8-10

I. 870

42,810

37,671 .155

4, 585

ii,535

I, 269 2,t341 1, 096

648, 814 642, 330

n7s 3,500 2. 010

3H9, 598 ;l\19, .198

26,251 3t:it), 50~

40. HJ7 l 37, 2U9

1, 791 I, 5!13

12,085 8, 922

1,170 515

2, 355

3, 700 I, 183

231, 486 7,848

884 4, 673 . 348

23, 423 3,096 6, 511 5, 373

226.0 72. 3 32.9 21.0

9. 0 3. 9

12. I :18. I :l6. 7

52.0

61.9

1.6

87.2 95. I 0. 9

136.4

42,971

37.605 591

'!, 775

5, 528

I, 269 2,634 1,096

933,880 883,092

3, 425 0

47,363 784, 218 648, :323

28,101 {i(./4, 9:i2 4fl~. 78() 31,749

I, 646 I, 833

12.021 8. 470

1. 212 52-1

2, 32:l

3, 224 1, 187

368,330 7,883

15 5, 378 . 348

23, 091 2,042 6, 861 5, 530

3, 997

43, 774

38, 337 584

4,853

5, 526

I, 269 2, 631 1,096

830,599 699,794

5, 072 113. 520

12.212 3G7, 064 3~1. 221

25, 22fi 321\, 141

49, i;,l),) 39.0118

1, 633 669

12,092 8, 513

1, 202 552

2, 342

3, 233 I, 185

I I

I

893 559 608

I, 103

S79 562

1, ()1)7

1, 043

871 567

1, l)fij' I

1, 075

'109, 829 p 93, 762 • 48,702

16,318 16, 035

307, 780 8, 059

180 4,107 . 348

22,836 I, 791 8,120 4, 419

I, 605

43,909

38,386 589

4, 934

•5,812

1,269 '2,627 I, 096

708,382 693, 620

-13,009 25, 19.) 2, 571\

566,388 447, 196

23, H30 522. sn 37, 64.)

139, 13!

I, 734 48S

12. 410 8, 623

1, 1~9 .o53

2, 336

3, 3-19 1, 197

846 56(1

1.001 1, 312

r Revised. P Preliminary. d J)('ficit. •)Jurnhcr of companies YariPs slightly. OAdju~tcd to preliminary 1940 annual estimate of the U.S. Mint in cooperation with the Bureau of !\lines.

----~--~--~~----,---

•107,027 p 90, 881 11 47,5,53

•115,014 p 99,001 p 49,031

15,416 17,065

341, 402 8,151

139 4, 656 . 348

'23, 827 1, 795 7, 990 5, 049

1. 557 1

184.8 19.4 30. 1 17. 71 8. 2 -4. 7 8.8

58.9 37.0

44. 2

55.91

68.5

p 78.4 p 79.9 p 40.7

p 109.5

44, 075

38,419 593

5, 063

5, 808

1, 269 2, 623 1, 097

700, 286 757, .53() -8,954 10,000

1, 704 711, 124 710, .184

22, ff27 072, 540 431.1\09

2(:}. 437

I, r.R4 48G

16, 360 21,744

447, 526 8, 300

87 4, 857 • 348

22,982 I, 673 7, 090 5, 609

1, 522

44,140

38,462 577

5,102

5,810

I, 2fi9 2, 621 I, 097

870, 241 873, 936 -4,939

0 I, 244

36.5, :l51 333, 25~

29, 371 318, 57R 41, o:m 37, (\11

2,021 772

' 109, 690 1. 109. 388 p 93, 729 . p 93, 385 p 48, 203 p 47, 771 r 15, 7.~0 r 15,755 ' 19, 692 19, 4:J4

397, 336 8, 522

68 4, 721

. 348

1, 708 7,101 G, 367

2,107

I

338,006 8, 732

123 4, 690

. 348

I, 642 4, .568 6, 499

I, 730

i

!07, 746 p 91, 743 p 48,918 p 15, 775

16,646

263, 088 8, 593

319 4,576 .348

5, 733

1, 792

: _____ _J J: /·:

-j

62.9

121.5

p 111.4 p 115.4

p 71. 2 p 10.5. 0

44, 277 ' 45, 039

38,502 5GG

5, 209

5, 919

1,269 2, GIS I, 097

817,888 819,821

-22. 72f\ 20.000

792 48-1, 796 3f\2, 078

27,923 438, 481

48. 906 138,013

2, 1~4 887

'39, 102 '568

.5. 370

5, 917

1 1,2fi9 2, 615

j 1, 097

11,187,277 it,172,540

-486 0

15,223 740,929 740, 226 29, 783

692,937 428, 72" 34.498

2. 208 1,306

15,877

39,895 557

5,426

5, 915

I, 269 2,614 I, 097

1,117,844 1,091,428

1, 702 17,500 7,214

371, fl05 339,778

33, 257 319,169 '62. 759

46,613

1,881 I, 271

12,371 8, 58:)

12, 398 ' 12,518 8, 613 8, 680

12,500 8, 1)82

12, 645 8, 639

l, 194 .)13

2, 348

3, 328 I, 200

1,198 .512

2, 387

3, 302 I, 21-1

I, 21J'l .ll;i

2, 387

3, 280 1, 291

1, 221 516

2,390

3, 257 1, 298

I, 174 523

2, 424

3, 209 1, 309

R24 814 827 829 950 570 597 601 593 599

I, OBI I, 094 I, 113 I. 141 1, 190 1, 313 1, 260 I, 29G 1, 257 1, 367

6 Formerly Standard Statistics Co., Ine.

!A mcr~cr during the second quarter of 1940 reduce<! the number of corporations in ttw miscellaneous group to 54 and the total to 167. ®Excludes collections from national defense taxes under Revenue Act of 1940. d'Thc total indudes guaranteed debentures of certain agencies not shown separately. §Data reported by the Canadian Government have been substituted beginning 1940 for data previously reported directly by producers to the American Bureau of

Metal Statistics, as the latter data have been temporarily discontinued. Annual totals from the two sources have been in fairly close agreement but the monthly move­ment in tbe past has been quite different.

,Beginning with April 1940, where direct reports from foreivn countries are lackinv, available reports of the American Bureau of Metal Statistics are used. When no cur­rent reports are avail9hle at the time of compilation, the last reported fi~ure is carried forward. The comparability of the data has been affected by these substitutions.

tRcvised series. Data on total expenditures and transfers to trust accounts revised beginning 1937, and on income taxes beginning September, 1936; see table 50, p. 18 of the November HJ10 Survey.

•New series. For data beginning January 1937, see table 50, p. IS of the November 1940 Survey

34 SURVEY OF CURRENT BCSlNESS .\pril llHl

1940 i 1941 Monthly statistics through December 1939, to­gether with explanatory notes and references to the sources of the data, may be found in the 1940 Supplement to the Survey

I 1941 I \ Febru- Febru- i Mareh I April ! l\Iav I i

---------------~-----.-------,------'

Sep- I October I N ovem-~~ Decem- ; i ary ary : : 1 ~

: June : !

FIX A="CE-ContilJued

July I August! i ! tern ber i ber ber :

Janu­ary

-----------------------------------------------------~------------------------~--------------------------------~----------------~----------------~

PUBLIC FINANCE (FEDERAL)--Con. 1 Governmental corps. and credit agencies-Con.

1

Liabilities, other than interagency, total '[ mil. of doL

Bonds, notes, and dchenturcs: · Guaranteed hytheU.S ____________ do_ 1' _

Other _do_ _ _ Other liabilities including reserves __ .do

Privatt•ly owned interests.--_- _- --- do --l p~~~irtary interests of the u. ~;iiGgfvct~?" ,

Reconstruction Finance Corporation, loans out- I standing, end of montle, I

Grand totalt _________________ thous. of dol ,1,940,()1., Section 5 as amended, total_ ... ______ do _ i

1

7{;8, 5~0 Banks and trust companies, including

receivers_. _ _. _ _ _ thous. of doL I 108, 771 Building and loan associntions_ ... do I 4, 262 Insurance rompanips_ __do 1, i90 Mortgag-c!oancompanies __________ do [169,027

~ni~~;~s;,~J~~~~~di~i:'~Ivers:: _: ~~ ___ I 48~; ~;I Emerg. Rei. and Ccmtr. Act, a' amended: !

Self-liquidating projpcts (including financ- ! ing repairs)_ ___ .. ___ . __ thons. of doL [ 19, 443

Financing of exports of agricultural sur-plusrs__ _ _____ thous. of dol _I 4i

Financing of agricultural commodities 1

and liwstork __________ thous. of doL. I 443 Direct 1oal!s to business enterprises (includ- 1

mg partwtpatwns) __ .. ____ tho us. of doL _1

117, 4G4 Loans for National Defense under the Act 1

of June 2R, 1940* ___________ thous. of doL_ 1 80,912 Total, Bank Conservation Act, as amended i

thous. of dol _: 468, 853 Drainage, levee, irrigation, etc _______ .d.o. _ ~ ['

4082

1,. 38~,87 Otherloansandauthorizationst_ ____ do __

CAPITAL FLOTATIONS I Security Re~istrationst

!Securities and E.rchange Commission)

Total securities effective under the Securities i Act of 1933 ___________________ tltous. of doLi

Substitute securities*. __ . _____ .... __ .. __ do ___ -I Registered for account of others_. ______ do ____ : Registered for account of issuers, exclush~e of 1

substitute securities __ .. ____ thous. of doL_' Not proposed for sale _______________ .. do .. __ i Proposed for sale: I

Cost of flotation: j Compensation to underwriters, agents, ,

E;~~;)ie-s -_- _-_-_--_~:::::: :::~o-us_- -~~~ol:: i Net proceeds, totaL _______________ do

To he used for: ~~~~h~~~~r---- _______________ do_ i

Securities for in vestment_ ____ do_. -I ~~~~~i~~;ei~~-~~~-i~-t~~n----==~5~~- .I

Repayment ofhonds and notes.do ___ ·1 Repayment of other debt. .... do .... Retirement of preferred stock ... do ____ 1 Organization expense __________ do ____ : Miscellaneous __________________ do ___ _

Gross amount of securities less securities re- I served for conversion or substitution, total 1

thous. of dol. '1

,

Type of security: Secured bonds... ____ do ____ \ Unsecured bonds . do ____ l

b~~~~~ ~~~~~ - __ ___ ::~l~: I Certificates of participation, etc .. __ .do. 1

Type of registrant: Extractive industries ______ ._______ do_ I\{anufacturing industries____ _ __ do_ Financial and investment_ ___________ f)o ____ ! Transportr1tion and communirations_do ___ -l Electric light, power, heat, gas and water 'I

thous. of doL_ Other _____________________________ do ___ ,

Securities Issued+ (Commercial and Financial Chronicle)

Securities issued, by type of security, total (new capital and refunding)._ .... _ thous. of dol :I

Newcapital,totaL.__________ _ ____ do __ Domestic, totaL____________ _do __ _

Corporate, totaL_______ _do_ Bonds and notes:

183,098 0

3, 514

179, R84 18, 242

1, 174 874

15!!, 294

13,069

0 1, 372

0 128,973 13,000

2, 2tl8 (a)

Ulll

182,543

133,159 2, 983

37,56.1 8, 832

5

0 24, 097

2, 9H3 0

151, 341 4, 122

3~!· 4~7 1/,0,lfl 77, 0.16 31,550

8, 053 s. 05::!

5, fii5 fi. f)(\4 1, 321 I. 32:l 1, 0,0/ 1 I. Oli.\

4oo I -101

4, 02ii I 3. GG3

l,fi15,0!J4 1.619,293 70G, L158 715, Vi9

9'1, 872 3, 647 2, 457

14'' 876 458: 841

3. 7tl5

38, 230

47

747

131,919

5.54, 240 83, 874

105. 249

249, 933 1, 225 1, 088

247,620 16,307

5, 547 ], 45-1

224. 312

17, 125

10,832 0 0

180, 5ii5 5, 420

10, 249 (a)

132

241, H3

153, 522 46, 506 17.209 23. 369

536

2, 37.5 122,320 12,282 18.50-1

8.1, 413 250

451, 787 104, 167 104, 167

4fi,004

93, 128 3, 480 2.-1113

1-1.1. 431) 467, 887

3, 6!.1

37, 870

47

747

130, 704

550.091 8:1,9fHi

10.~, JW)

70.996 fi, 5\6 .5, 7.52

58,727 II, 798

2, 091 457

44, 381

II, 291

10, 232 0

I, 384 8, 454

6-10 12,2-18

0 132

13, 477 0

19. 3611 19.409 8. 223

1, 957 21. f){)j

111, 768 9, 210

82-1 10,150

242, 2:l9 71. 3~8 70,638 30, 527

~- 1),\3

5, 6;)7 I, :l27 1. 069

403

3. 719

90.613 ~- 637 2, 389

Ho, 243 471, 747

3. 401

:J8. 540

47

075

130. 41jfJ

552. 134 83. n:l 97, 028

2-:l.i, 7:!3 8, 753

25,382

211, 587 78,.122

4. li32 1, 042

127,391

43, 361

3, 943 0 0

53, 532 7, 818

18,3113 28

393

22R, 510

44, 217 53. 8fiG 84 .. 109 38,42-1

4, 493

10, 819 fil. 839 14, ~~~

10,)

84.018 ,):~. 75.1

3H, 874 117,5S7 117. 587

53,925

7, 912

5, 535 I, 3:37 1,039

404

3, 770

89,008 4, 138 2, 35-!

141l, 846 41io, 093

3, 889

40. 010

47

625

130, 566

548, fifi9 83. 7 40 9B, 851

102. 7fil 3. 022 2, 469

97. 270 0

3, 12fi 51\

93, 632

8, 2,)2

2. 550 0 0

76,621 fi, 10.)

99 0 ()i

99,739

3, 200 75,000

.5. 039 14. 119 2, 381

4, 8fl4 Sfi. \12

2, 745 3, 7fi8

I)

2, 250

251,390 122,020 122,020 89,287

7, 977

5, 529 I, 3-13 1, 105

405

3.6CI9

l/):35,2.15 720,085

87,761 4, 3-17 2, 3:ll

1!5, gr.! 47.), 8,\6

3. 839

19.915

47

,\25

1::o, 732

5;·4. 558 S3,,19ii

}(II), 797

oz, 577 5,69·1

418

76, 4fi4 20, 225

1. 95(; 358

53. 923

1,293

•). 030 279

0 3,l, 15.)

8 :l, 139

0 18

ifi, 882

511.144 0

:•. 2.\4 fi, 799 \I, 685

75 : •• 72() f•. 83,\ 4. 337

5~. 700 ~. 210

227, 182 ~2. 728 82,728 9, 771

I 7, 8421

.1, 526 1,351

964 406

8,400

5, 811 1, 3541 1, 234

407

3, 844 3, 603

11,651,615 753,087

86,303 4, 270 2, 313

146, 637 506,623

3, 775

19,784

47

521

129, 94-5

10

570, 778 83, 299 97,52-1

200, 313 457

4, 140

195, 715

4291

4,523 I, 182

189,581

22, 984

2, 016 0

200 !IH, 423

997 1. 909

1 52

199. 591

105, 148 72,000 11, 040 9. 209 2,194

3. 974 81,396

2, 186 0

111, 676 359

I

691, 472 3\17,300 1

397.300 46, 233

85,226 4, fl25 2,188

149.737 507.627

3, 684

20, 509

47

520

129,371

55

56~. 561 83, 223

101,242

123, 242 422

32, 246

90, 574 16, 717

3, 410 374

70,074

31,996

18,039 -1~7

fiO I 19, 1sr r

fig I 5

196 '

\16, 780

6. 650 24,878 16,465 .57, 917 Ill. 870

28 .15,205 19,407

500

13, 319 28,323

282, 476 129, 776 129,276 67,938

i 8,4031

5. sog I 1,356 i I, 238 I

410 I

3, 5581

I

8,4061\

5. 808 I, 354 1, 2431

412

~- 580 I

I ,621 ,602 I ,MS, 7 46 715, 778 720, 324

83,898 4. 597 2,176

1.11, 456 470, 039

3. 612

I

83, 110 4, 690 2.105

157,094 469, 769

3, ,\54

21.202 r 31, 7s.\

47 ! 47

520

128,676

4, 844

564, 516 83, 360

102,599

130,581 15,405 5, 851

109, 324 14,162

3, 248 657

91, 257

45, 432 i 4, 363

!52 20

37, 342 2, 694 I, 123 (a)

132

115, 167

39,541 22, 598 lfi,OI6 !9, 375 17.637

12.750 38. L58 tl, 815

0

50,386 7, 0.58

229,314 113. 550 113, 550 68,006

445

127,906

14,316

564, 7-14 83,409

105, 772 !

287,456 5, 743 3, 369

278. 345 22,219

4, 874 1, 233

250, 019

1-1,899

0 13 0

233,624 697 512

4 270

273. 307

230. 483 11.429 23,869

7. 397 130

3.177 70. 097

1. 779 7, 722

189.833 700

710, 551 257, 391 257, 391 47,278

8, 579 8, 5261 8, 599

5. 919 5, 917 5, 915 1, 422 1, 395 I 1, 1389 1, 237 1, 214 1. 294

3, :~: 1 3, :,:: I 4. :::

1,698,511 11,712,764 !1,804,~79 751,498 I 763, 653 I 770, 730

109,214 I 115,028 '1112, 026 4 •• 581 I 4. 268 3. 998 2, 077 1, 998 1, 906

159, 534 . 165, 11s rr;s, 044 472.596 [473,881 I 4Sl.961

3, 498 i 3. 360 I 2, 795

19. 581

47

445

126,008

50, 8fi4

559.420 83. ,507

107, 141

161,748 2,862 4, 758

154, 128 46,931

3, 747 695

102, 755

9, 309

13,381 82

0 69.825

681 9, 427

10 40

158,886

70,607 1, 766

24, 263 26,.178 35, 672

1. 731 18, 243 49,926

200

78. 052 10,734

440,266 263, 436 263,436 168,699

19, .jl!

47

443

121, f)78

38, 387

556, 711 83, 460

128, 875

322, 618 0

4, 859

317,760 25, 594

6, 882 L62fi

283. 6,58

33, 8fi3

4. 612 249 173

223. 900 I, 934 !

18,256 0

672

318,856

147, 0-15 107,318 48.907 15, 552

35

250 115, 944

19, 353 209

171, 3!10 11, 740

605, 791 189, 899 189,899 61, 132

19. 486

47

443

ll9, 061

5~, 249

649, 195 813. 2:l1

103,936

415, 69g 0

25. 1.10

390, 549 24,620

10,677 I. 221\

3.54, 025

18, 165

"152, 842 0 0

154. Ofl6 2, 093

25, 711 0

I, 14~

713

135, :l6.\ 60, 037

6, R37 31,826

5, 598

0 1!4, 377 1f\2, 6911 69, 488

43, f\68 3, 487

417, 197 95. 321 9.\, 321 52, 789

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 Shortterm__________ do 637 10.000 0 100 0 910 o o 0 o o 1,000

50, 208 :no

1.154 1, 096

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 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

• 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 to the sources of the data, may be found in the 1940 Supplement to the Survey

;~~~-1 ary

-----'--

--~----.-----~--~----~-19_4_0~----~--------~~---,-----1 1941 Febru- I March I April I May I' June I July I August I' Sep- I October i Novem-1 Decem- 1\ Janu-

ary 1 1 tember 1 ber her ary

CAP~::~i=~::::;~::~r:::~nued 11

(Commercial and Financial Chronicle)

Securities issued, by typr of security-Con. I New cap1tal-Contmued.

Domestic-Continued. I F~~~~ Io_an and other Go_vci~::'is~~ta~?: I 11unicipal, State, rtc ______________ do_

Foreign,totaL _____________ .... _do __ 1

Corporate _______________________ do __ ' Oo\·ernment_ _do _ United States possessions_ do

Refunding, totaL______ _do __ Dom<•stic, totaL____ do __

Corporate, totaL __ do_ Bonds and not('s:

Longtrrm____ _ __ do __ Short term_ __ ________ do __

Pmfcrrcd stocks__ _do __ _ Common stocks _ _ ___ do

Farm loan and other government agen-cies_ _ _ _ _ ________ thous. of doL

Municipal, State, etc __ do __ Foreign, total __ rlo _

Corporate__ _do. Govcrnrrwnt_ __ do __ United States possessions ________ do ___ _

Corporate securities issued by type of borrower, totaL__ _ __ _ _ _ __ __ _ _ __ thous. of doL

New capital. totaL__ ___ _ __ do ___ _ IndustriaL _ ___ _ _ _______ do __ _ Investment trusts, trading, and holding

companies. etc _________ .. thous. of doL Land, buildings, etc-~----- __________ do _ Puhlicutilities_____ __ ____ do __ _ Railroads_____________________ __ __ do ___ _ Shipping and miscellaneous __________ do ___ _

Refunding, totaL ______________________ do __ _ IndustriaL ___________________________ do ___ _ In vestment trusts, trading, and holding

companies, etc _____________ thous, of doL_ Land, buildings, etc_ _ __ do ___ _ Publicutilities.____ _ __ do ___ _ Hail roads___________________ do __ _ Shipping and miscellaneous _________ do ___ _

Domestic issues for productive uses (Moody's) :* TotaL __ , ----------------------- ... mil. of doL_

Corporate __________________________ do __ Municipal, State, etc _________________ do __

(Bond Buyer)

State and municipal issues; Permanent (longterm) _________ thous. of doL_ Temporary (short tcrm) _______________ do ____ l

COMMODITY MARKETS I Yolume of trading in grain futures:

~~~:~~t __ 8_~ ~~;~~~-~ ~A~~~~;il: oJ0bu:: I Brokers' Balances (N. Y. S. E. members I

carrying margin accounts)

Customers' de hit balances (net) _____ mil. of doL_ Cash on hand atHl in hanks ______________ do ___ _ Money borrmvcd .. ·------------- ______ do Customers' free credit balances ___________ do

Prices: Bonds I

Average price of all listed honds (N, Y, S. E.) dollars __

Domestic____________ __do ___ _ Foreign________________ _ ______ do ___ _

Standard and Poor's Corporation: § Composite (60 bonds) __ dol. per $100 bond __

Industrials (20bonds) .. ___________ do ___ _ Public utilities (20 bonds) _________ do ___ _ Rails (20bonds) ____________________ do __ _

Domestic municipals (15 bonds) ______ do __ _ U.S. Trcasurybondst _______________ do __ _

Sales (Securities and Exchange Commission): Total on all registered exchanges: I

Market value ______________ thous. of <'oL, Face value___ _ _ __ _ _____ _ _ _ ___ do ___ _

On New York Stock Exchange: Market value ___________________ do ___ _ Facevalue___ _____ _ _do

ExdusiYe of stopped sales (N.Y. S. E.), face value, totaL _____ thous. of doL_

U.S. Government_ ___________ do ___ _ Other than U.S. Govt., totaL_do ___ _

fZr~~~~~c~ ~:::::::::::::::::: ~~ :::I

8, 125 37,381

0 0 0 0

264,381 264, 381 234,412

216, 311 703

li, 398 0

17,425 12,544

0 0 0 0

265,962 31,550

6, 311

0 6:\

6, .127 18,010

637 234,412

1, 107

0 1, 250

178,821 50,718 2, 513

51 27 24

182, 264 176,384

2i7 44

634 199 :)7.5 267

92.72 96.82 45.47

84 .. 1 89.9

100.9 62.3

125.6 108.8

91,476 148,219

7.), 999 130,068

123,647 2, 224

121,423 109, 26.5 12,158

800 57,363

0 0 0 0

347,620 347,620 211, 342

196,870 0

14,472 0

21,69.5 114, .583

0 0 0 0

257, 34fi 46,004

5, 249

1, 000 450

7,615 960

30, 730 211,342 115,000

0 575

90,397 0

5, 370

28 9

19

174, 916 118,588

649 50

893 195 616 2.53

91.97 95.68 51.58

82.2 87.3

101.6 57.8

ll9. 1 105.7

103, :l51 153,589

81,807 127,344

120,384 2, 365

118,019 99,176 18,843

'Hcvised. §Formerly Standard Statistics Co., Inc.

FINANCE--Continued

5, 600 34, 511

750 0 (I

750 170,8:\0 170,850 103, 799

87, 049 3,000

13,750 0

17,992 4\J, 0.19

0 0 0 0

134, 327 30, 527

1, 201

0 0

8,407 7, 750

13,169 103,799 24,250

0 780

32.269 35,000 11, 500

45 26 19

87,006 134,808

743 35

886 186 f)l!)

247

92.86 96.55 52.77

82. 1 87.3

101.8 57.2

ll9. 7 106.7

102,858 163, 222

81,857 135,832

135, 239 3, 285

131,954 110,849 21,105

I

I .o. 500 . 58, lt)2

0 0 0 0

227,287 227,287 192,353

154,191 0

37, 546 617

17,350 17, 5R-t

0 0 0 0

246,279 53,925 22,598

350 0

16,767 8, 114 6.096

192, 353 50,943

0 1,000

41,236 82,252 16,923

67 22 45

3, 000 29,733

0 0 0 0

129,370 129.370 83,810

83, 810 0 0 0

25,150 20,409

0 ()

0 0

173,097 89,287

6, 094

0 280

0 19,400 6.1, 513 83,810 79, 350

0 2, 960 1, 500

0 0

52 2.1 27

66,583 51,033 122, 245 1 224, 706

901 921 112 134

910 702 192 239 626 459 252 251

92.48 96.51 48.86

82.5 87.5

101.7 58.2

119.8 106.7

135, 784 210,816

108,459 176,998

165, 116 4, 323

160,793 139,547 21,246

87.87 92.47 38.38

79.4 85.3 99.3 53. 5

115. 3 104.9

149,103 219, 740

115, 226 179,936

176, lOS

8. 250 I 167,855 144,924 22,931

2, 2SO 70,707

0 0 0 0

144,4.15 144, 4.15 101,476

96,147 5,000

0 329

28.870 14,108

I) I)

0 0

]]1,248 9, 771 2,826

289,458 61,608

0 0 0 0

294, 173 294, 173 225,623

223, 116 0

257 2. 2.10

48.400 20,150

0 0 II 0

271,8.)6 46,233 4, 772

0 0

4. 21~ 1 11. 25~ 2, 000 1.5, 205

728115. 000 101,476 225,623

1, 700 93,628

42~ I 82g I 94,020 117,466

5, 000 0 329 113, 700

36 82 7 39

29 I 43

'246, 855 I' 178.061 75,692 234, 366

432 49.1 70 92

653 642 223 213 376 376 267 261

90.14 94.93 39.09

78 . .s 84.7 98.7 52.0

114.6 104,8

90,317 134, 597

74,484 114,651

102,663 3, 677

98,986 81,058 17,928

90.96 95.62 40.64

81.2 86.3

100.2 57.1

120.4 106.3

81,388 121,857

65,530 102, 228

98,120 2,131

'95, 989 82,680 13,309

0 61,338

500 0 0

500 !.12, 700 152, 700 111, 494

107,047 0

4, 421 26

27,.125 13,681

0 0 0 0

179, 4~2 67,938 23,124

gg I 30,232 14,292

200 111,494 I 60, 776

0 77

23,811 2.5, 300 ' 1,530

100 53 47

'89, 291 77,354

451 81

631 I 215 368 256

91.33 95.72 43.28

81.5 86.8

100.2 57.5

121.2 106.7

67,057 99,101

53,571 82,424

79, 705 2, 337

77,368 66,566 10, 802

0 45, 544

0 0 0 0

115, 764 112,564 62, 465

60,449 836

1,180 0

26,000 24,099 3, 200

0 0

3, 200

130,471 68.006 17,544

0 40

18,521 25,576

6, 325 62, 465

7, 275

0 490

43,300 7, 900 3, 500

103

40 631

I

112,099 98,014

0 0 0 0

453,160 453, 160 345,347

331,651 0

13,651 45

28,0.50 79, 704

I)

0 0 0

392, 625 47, 278 16,268

0 148

5,444 15,258 10,160

345,347 86,660

0 367

207, 334 50, 558

428

67 40 27

, 77.622 I, 182. 493 100, 957 117. 406

360 62

635 218 370 268

92. OS 96.56 43.07

82.7 87.8

100.6 59.7

122.3 107. 7

94,701 148,956

78,398 129,205

125,965 1, 597

124,368 109,915 14,453

653 203 381 269

92.84 97.03 44.86

83.6 89.2

100.6 61.0

124.6 108.8

114,881 185,154

93,532 159,704

150,981 2,496

148,485 129,460 19,02.o

42,000 52,737

0 0 0 0

176.830 176, 830 92,487

64,475 2,000

25,.195 416

59, 465 24,879

0 0 0 0

261,186 168,699

2, 834

0 25

141,091 23, 840

909 92,487 53,586

0 3, 592

23,438 1, 329

10,541

211 165

46

0 128,767

0 0 0 0

415,893 415,893 328, 212

285,649 0

38,702 3, 861

14,300 73,381

0 0 I)

0

389, 343 61,132 18,557

0 0

4, 944 12,030 25, tlOl

328,212 2\l, 575

4,000 1, 202

220,231 0

73,204

139 28

111

2, 200 40,332

0 0 0 0

321,876 :l21, 876 267,890

248,394 lG, 670 2, 286

540

30,800 23, 186

I)

0 0 0

320,678 52,789 10, 243

0 155

10,575 30,395

1, 421 2G7, 890 95,908

0 3,837

134,940 9, 790

23,415

80 47 33

' 79, 802 '202, 402 ' 78, 057 167,225 96, 146 '175, 389

406 91

666 214 383 280

93.58 97.78 45.60

83.9 90.3

100.5 60.9

127.3 110. 7

114, 606 186,432

95,500 164,080

159,006 2,422

156,584 1:39,191 17,393

283 68

677 204 427 281

93.84 98.10 45.07

84.0 90.2

100.7 61.1

129. :j 111.8

125, 383 248,906

103,2431 221, 475 '

211, 237 2, 206

209,031 190, 149

18,882 I

228 47

661 207 399 275

93.05 97. 16 45.81

85.3 90.5

101.2 61.3

127.7 110,4

147,635 276,042

125,090 248, 732

230,987 2, 707

22K, 280 212,637

15,634

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 I gether with explanatory notes and references --- ----c~-----,~-------,--, - I 1MO !W41

~--~----.----.----,-----~---

August I Sep- I October I Novem-1 Decem- I Janu-to the sources of the day;., may be found in the Fcbm- Fe~ru- ! :\larch , April i l\fay I June July _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 : , tember , ber ber 1 ary

FIN AN CE-Continued

SECURITY MARKET8-Continued i Bonds-Continued \

Value, issues listed on N.Y. S. E.: . Face value, all issues ____________ mil. of doL.\

Domestic issues. _____________________ do ___ _ Foreign i$sUes" ________________________ c\o ___ _

Market value, all issues. _______________ do ___ _ Domestic issues. ______________________ do ___ . Foreign issues ... __________________ . ___ do. __ _

Yields: Bond Buyer:

Domestic municipals (20 cit.ies) ____ percent._ Moody's:

Domestic corporate ___________________ do. __ _ By ratings·

!:~::::::::::::::::::::::::: ::::J~:::_I Baa __ . ______ . ____________________ .do. __ _

By groups: Industri•lls. ___________ . ___________ do ___ _ Public utilities .. ______________ .... do __ .. Rails ___ . ____ -------------------- •. do ___ _

Standard and Poor's Corporation:§ Domestic municipals (15 bonds) _______ do ____ l

U.S. Treasury bonds ___________________ do ____ l

Stocks

Cash dividend payments and rates (llfoody's): Total annual payments at current rates (600

54, 225 49,891

4, 334 50, 277 48, 307

1, 971

2. 43

3. 40

2. 78 3.00 3.38 4. 42

3.00 3.19 4.00

2. 27 2.10

cmnpanies)_ ____________________ mil. of doL_ 1, 70G. 50 Number of shares, adjusted _________ millions.. 938.08 Dividend rate per share (weighted average)

(600 cos.) _________________________ dollars__ 1. 92 Banks (21 cos.)_ ______________________ do____ :l.Ol Industrials (492 cos.) _________________ do____ 1. 00 Insurance (21 cos.) ___________________ do____ 2. M

Rails (36cos.) ________________________ do____ 1.53 Public utilities (30 cos.) ________ ---- __ do ____

1

: L 94

Dividend declarations (N.Y. Times): TotaL ________________________ . tho us. of dol.. I 375,872

Industrials and miscellaneous ________ do __ --I :JGO, 210 . Railroads ____________________________ do_-- .

1

15, GG2 Pnces:

Average price of oil listed shares (N.Y. S. E.) Dec. 3J, 1924=100__ 53.8

Dow-Jones & Co., Inc. (65 stocks) doL per share __

Industrials (30 stocks)-------- ________ do __ __ Public utiliti~s (15 stocks) ____________ do ___ _ Rails (20 stocks) __ .. ______________ ... do __ __

New York Times (50 stocks) ___________ do __ __ Industrials (25 stocks) ________________ do ... . Railroads (25 stocks) _________________ do_ .. .

Standard and Poor's Corporation:§ Combined index (420 stocks) ____ 1926=100 __

Industrials (350 stocks) _____________ do __ __ Capital goods (107 stocks). ______ do ___ _ Consumer's goods (194 stocks) ____ do __ __

Public utilities (40 stocks) __________ do ___ _ Rails (30 stocks) _________________ do ___ _

Othl'r issuPs: Banks, N, Y. C. (19stocks) ________ do ___ _ Fire and marine insurance (18 stocks)

1926=100 __ Sales (Securities ant! Exchange Commission):

41.21 121.68

HI. 37 27.54 87.07

154.20 19.94

75.9 87. 0

109.5 81.9 74. (i 26.4

53.8

90.5

Total on all registered exchanges: Market value .. _____________ thous. of doL. 403,344 Shares sold _________ ....... ____ thousands__ 18, .555

On New York Stock Exchange: Market value ______________ thous. of doL 336, 505 Shares sold _________ . ________ .. thousan<ls__ 13, -!81

5:l, 937 49, 400 4, 537

49, 605 4i, 265

2, 340

2. 70

3. GO

'2. 86 3. 05 3. 68 •!. 83

a. J2 :;. 33 4. 37

2.60 2. 32

1, 618.60 936. 43

I

53, 853 I 49, 3J3

4, 510 50,006 47, 611

2, 396

2. 62

3. 58

2. 8·1 3. 04 3. 65 4.80

3. 09 3. 29 -!. 37

2 .. % 2. 25

631.30 936.43

I. 73 I. 7-l 3. 01 3. OJ ' I. 67 I. 68 2. 64 2. 64 1. 95 i 1. 95 1.261 1.26

338, 366 I 2J6, 350 323, 201 213, 822

15,165 2,528

63.6

49.44 147. 29 24.87 30.83

107.83 192.67 22.98

91.5 107.3 130.1 102.2 87.6 28.7

59.3

96.4

583,620 26,095

487, 92\l 19, 367

64.3

49.15 147.13 24. 26 30.45

107.66 192. 71

22.61

91.5 107.5 130.9 102.7 87.1 28.9

59.2

94."

632,095 28,718

527, ii7 20.568

Exclusive of odd lot and stopped sales (N.Y. Tinws) ____________ thousands__ 8,971 13,465

Shares listed, N.Y. S. E.: 16, 269

46,695 1, 444

Market value, all listed shares_ ... mil. of doL_ 39,398 46,0.58 Number of shares listed .. _________ .. millions.. 1, 455 1. HI

53, 646 49, 108

-!, 5:18 49, 612 47,:195 2,217

2. 59

3. 51

2. 82 2. 99 3. 59 4. 7-1

3. 05 3. 24 4. 33

2 . .)1) i 2. 25 i

I

53, 4J4 4S, 879

4, 5:l5 41l, 937 45,197 1, 740

3. 00

3. 65

2. 93 :l. 08 3. 65 4. 94

3. 20 3. 30 4. 46

2. 81 ~- ilS

52,879 4~. 347

4, 582 47, 66f> 45, S94

1, 771

2. 67

3. 72

2. 96 :;. 10 3. 70 5. 11

3. 25 3. 33 4. 5i

2. 85 2.:\9

5il, 43J 48, 903 4, 528

4\602 46, 71l2

1,840

3. 57

2. 88 3.0J 3. 57 4. 80

3.15 3. 2:l 4. 32

2. 54 2. 28

I 53,914 49,399 4, 5J5

49, 239 47,285

1, 954 I I

2. ,12 II

3. 55

2. 85 i 3. 031 3. 55 4. 76

3.121 3. 23

:: :~ II

2. 2~ '

53,913 49,400

4, 514 49, 643 47,699

1, 944

2. 39

3. 50

2. 82 3. OJ 3. 52 4. 66

3.10 3.19 4. 23

2. 44 2.18

54,329 49, 966

4, 363 50,438 48,481

1, 957

2. 32

3. 46

2. 79 3. OJ 3. 48 4. 56

3. 06 3. 18 4.15

2. 32 2.JO

: i

i I I i 1,6,"4363._6463> 1

1

J,g68306 .. 4336 ,1,690.37 .1,694.821!1,713.08 :1,711.42111,738.04 " 936. 43 I 936. 43 936. 43 I 936. 43 936. 43

i : I qr : u~ u; i ~: ~; · ur 1 ur u~ t..o, 1.1.1 L77 1 1.77 1.79 1.79 t.83 2. 6-! f 2. 44 '!, 44 : 2. 54 2. 54 2. 54 i 2. 54 J.MI 1.M 1.00~ 1.00 1.00 1.001 1.00 1.V l.V 1.20 1.20 1.M 1.M 1 l.M

180,341 176, 637

3, 704

64.3

49.92 148. 91 25.09 31.00

109.17 195.13

23. 22

92. g

m:~, 104.4 . 87.8 2J. 1 .

58.9 I

94.3 1

I

449, 98J 420, 278 29, 703

50.2

43.48 130. 76 21.45 26.52 95.20

170.95 19.46

83.0 97.3

118. 1 n.7 so. 6 25. 4

52.0

53.8

51, 103 69. 494 1,101,340 11,438,207

964,608 11,242,999 37,599 54,5l7

26, 696

46, 769 1, 446

3~. 9G9

30, 547 1,417

239, 4261' 194,824 365,553 209,4821221,404 223, 372 182, 232 347,331 207,354 2J3, 843 10, 055 i 12, 592 18, 222 2, 128 7, 561

!

3\1,99 11\1.46 2(1,J5 24.66 8\>.17

15(·. 61 ~~- 72

<3. 3 04.8

1(4. l mo 75.1 22. 7

48. 8 :

78.7

060, 4G.S ~5. fi)2

4Si, lW 20, 107

3S, 775 1, !50

54. 6 55. 6 56. 7 I 41.64 42. 50 44.40 I

122. 23 125. 32 131. 461' 22.42 22. 22 22. 18 26. 43 26. 83 28. 43 90. 46 92. 21 96. 271

161. 49 164. 48 171. 50 19.43 I 19. 9·1 21. o5

76. 1 1 77. s 8o. 9 I

87. 2 I 89. 1 93. 7 I 105. 9 I 109. 5 116. 51 8'!. 2 85. 8 89. 6 SO. [ I 80. 3 81. 0 : 21. 4 24.9 21. o 1

51.4 50.4

84.3

I 320, hGO i 320, 913

10, 191 I 14, 2H

264,352 i 270,471 10. 828 i 10, 420

I 7, 307 1

l, 454

7, 016

40,706 1, 454

51.0

87.4

472, 742 20, 728

406, 92.\ 16, 20G

11,941

41,492 l, 4,13

58.4

44.72 132.39 22.07 28.83 97. 29

173. 26 21.34

81.4 94.6

119.5 90, 1 80.2 27.4

53.6 1

9o. o I I

591, 703 24, 006

505, 193 18, 522

14, -!84

42, 674 1, 453

3U, 992

1

1

5. 6 1 Yields:

Common stocks (200), Moody's ... __ .percent._ G. 0 4. 6 ·1. 6 4. 6 i 6. I ! .j, 7 Banks (15stocks) _____________________ do____ 4.5 4.0 4.1 4.1 1 li.2, ·1.8

5. 6 5. ,; 5. 4

Industrials (125 stocks) ______________ .do____ G. 2 4. 5 4. 5 4. 5 6. 1 I .i. 9 ~· z 1

~:; I Insurance (lOstocks) __________________ do____ 4.3 4.3 4.3 4.3 4.91 ·1.5 Public utilities (25 stocks) _____________ do .. __ 6.1 5. 3 5. 2 5. 3 6. 3 .i. 7 5. 7 i Rails (25 stocks)_ _____________________ <]o____ 6.2 4. 7 4. 7 4.8 6.3 1 .i. 7 5 . .5 1.

4. 7 5. 6 4. 8 5. 7 5. 6

Preferred stocks, Standard and Poor's Corp.:§ I ' Industrials, high-grade (20 stocks) __ percent. _ 4. 90 4. 90 4. 94

1

4. 92 i 5. 07 .1. 26 I 5. 11 ! 5. 10

A'F~~~;;o;~~~~:;_~~~~7;~~--~~~-;~~J~e::: ::::: ::: 63J:~n ;:::::::::1:::::::·:11 "'&)~ i: :::: ! : :::::

4. 7 5. 5 4. 4 .5. 8 5. 5

5. 01

631,343 6,451

206,907

4. 3 5. 5 4. 2 5. 7 5. 3

4. 99

54, 237 49,877 4, 360

50,750 48,768

1, 988

2.18

3. 40

5-l, JG9 49,820

4, 349 50.831 48, 87J

1, 96J

2. J4

3. 36

2. 75 2. 95 3.40 4. 48

2. il I

2. 92 I

3. 36 4. 4.)

2. 98 2. 93 3. 14 3. 13 4. Oi 4. 03

2. J8 I. 97

2. 07 : 1.89

781. 52 ,[, 792. 84 936. 43 I 936. 43

1. 90 1. 91 3.0J 3.0J 1. 88 I. 89 2. 54 2 .. \4 I. 97 I. 97 1. 47 I. 53

I

54,139 49.799

4. 340 50, 374 48,386 I. 988

2. 29

3. 36

2. 75 2. 95 3. 3f\ 4. 38

2. 9fl 3. 17 3. 96

Z.Jil 1.\19

1, 791.94 938.08

I. 91 3.01 1. 89 2 .. \4 I. 94 I. 53

685, 5H 635, 110 50,463

331. 72J 218, 317 305, 6,\2 204, 574

57. o 1

45.04 II

133.90 21.22 29.36 95.86

170. 32 21.40

82.1 95.8

120. 2 89.9 79.0 27.8

55.6

93. g

876,452 37,022

763, 481 29,040

20, 893

41,848 1, 457

5. 6 4. 3 5. 7 4.1 6. 0 5. 8

4. 94

2!\, 069 13, 7 43

s1. 2 I -!3. 39 I

130.45 1

J9. 91 I 27.61 i 93. f\8

167. 1fi 20. 2J I

80.4 9-!.0

JlR. 7 87.3 77. fl 2G. 4

S5. 8

94.3

I

55.0

43.82 130. 17 20.17 29.01 93.24

165.43 21.06

so. 5 9:J. 7

118.0 87. 1 78.0 27.7

55.9

95.1

7011, 23J ' 013, 194 33, 003 26, 545

596, SOG 23, 744

18. 400

41,89J 1, 455

5. 7 4. 3 ,), 7 i 4. 2 5. 9 6. 2

4. 87

519, 3t30 20,064

13.295-

40,280 1, 455

5. 9 4. 4 6. 0 4. 2 fJ.O 6. 2

4. 82

Pennsylvania Railroad co., totaL _______ do .. ___________________ 20~: ~n --------- --------- 207,(79~---------~---------2, 742

164,553 2, 706 27.48

630,812 6, 404

205,883 2, 724

160.676 2. 749 27.37

u :~shoo·~raeerd~:r~~neh·_,e-cl--d-_o_rb-_ryo_rb-_a_r-_toi_ko--_en_r-_,st-_o_-~t_a_-_l_: __ :::_P ___ e ___ r:ce· __ -_-n ___ t ____ :o· __ f---t~og~---a·--,-_-_--:~---_-_-_---_::-____ -_----_::._ -:_ -_-_:: ---_--_----_ -_-_ -_-_----1 163 972 - .. -----. -------- -~16;· i~~ --------- ---------. . - ~~0~7 :::::::::::::: ::- ~~i~57 ~~:::::_::::1::::=_:::: --------- ---------1 --------- ---------1

------------------------------~---~----~-------- ------------------------------~----§Former] y Standard Statistics Co., Inc.

April 1\l41 SURVEY OF CURRENT BUSINESS 37

Monthly statistics through December 1939, to-~1941 I 1940 gether with explanatory notes and references ---tothesourcesofthedata,maybefoundinthe Fcbru- Febru-1 March I April I May I June I July 1940 Supplement to the Survey ary ary

FOREIGN TRADE-Continued

INDEXES J I Exports:

Total: Value, unadjusted _______ 1923-25=!00 __ 80 91 85 85 92 83 Value, adjusted __________________ do ____ 88 100 91 90 91 104 95

U.S. merchandise, unadjusted: Quantity ________ ------ ____________ .do. ___ 117 130 132 123 124 136 126 Value ______________________________ do ____ 80 91 92 85 85 92 84 Unit value _____________ ------- _____ do ____ 68 70 70 69 69 68 67

Imports: Total: Value, unadjusted ______________ do ____ 72 62 67 66 65 65 72

Value, adjusted. ________________ do .. _ 73 63 60 61 64 69 78 Imports for consumption, unadjusted:

99 106 109 Quantity ___________________ 1923-25= 100 __ 118 106 105 115 Value. __________ ------------ ______ do. ___ 68 59 65 64 64 64 68 Unit value ________________________ do ____ 58 60 61 61 60 59 59

Agricultural products, quantity: Exports, domestic, total:t

Unadjusted _________________ 1924-29= 100 __ 20 83 59 45 34 28 29 Adjusted ___________________________ do. ___ 22 91 66 60 49 41 47

Total. excluding cotton: Unadjusted ________________________ do. ___ 30 55 53 39 33 34 38 Adjusted ___________________________ do ____ 33 60 59 46 41 44 49

Imports for consumption:• 95 103 101 99 95 111 Unadjusted __________________________ do ____ 135 Adjusted ____________________________ .do ____ 131 94 92 97 102 101 120

VALUE§ Exports, total, incl. reexports ____ thous. of doL_ 303,413 346, 779 352,272 324,008 325, 306 350, 458 I 317, 015

By p:rand divisions and countries: Africa _______________________________ do ____ 19,954 10,789 11, 727 13,944 12,545 12,325 12,243 Asia and Oceania ____________________ do ____ 59,498 61,520 59,299 53,220 57,898 53, 755 59,146

Japan __ .. ____________ ... __ . ____ .. ____ do. ___ 11, 108 15,193 17,800 15, 271 13,721 15,421 15,304 Europe ___ . __ ------------------ ______ do ____ 96,336 165, 741 160,050 140,240 124, 527 144,813 122,837

France. ________ . ___________________ do._._ 375 39,277 42,034 45,990 39, 350 47,237 206 Germany_------------------- ______ do ____ 0 4 44 35 70 0 (•) Italy_ . ______________________ do ____ (•) 9, 598 10,083 9, 240 13, 234 1, 603 16 United Kingdom ____ _____________ do ___ 77,269 58, 534 51,890 53,339 49,822 77,868 108,368

North America, northern _____________ do ____ 65,233 43,671 49,700 55,136 62,738 67, 679 64,486 Canada___ ____ ___ _ __ do_ 64,419 43,131 48, 855 54,373 61,877 66,796 63,494

North America, southern _ __________ do ____ 33,010 28,065 29,167 25,249 27,265 26,924 24,163 1-Iexico ·------- _________ do ____ 9, 824 7, 522 8,394 6. 624 7, 472 6, 536 7, 110

South Amefica·_~ ___________________ do ____ 29,381 36,993 42, 328 36,219 40,332 44,961 34,139 Argentina ____ _ ____ do ____ .5, 223 9, 147 10,821 8, 326 10,770 14, 759 10,650 BraziL __________ :::::::::: _______ do ____ 8, 843 10, 116 10,308 10,360 10,384 10,641 7, 205 Chile __________ __________________ do ____ 3, 249 3, 418 4, 351 3,0(l6 3, 694 4, 244 3,110

U. S. nwrchandise, by economic classes: TotaL ___________________ thons.ofdoL_ 298,273 338, 639 344, 559 I 316, 520 318,051 344,444 312, 337

Crude materials ..... ________________ do ____ 15,234 61, 113 46,752 40, 886 40,277 33,589 31,987 Cotton, unmanufactured _________ do ____ 3, 800 44, 283 26, 583 21,086 13,526 8, 295 7, 861

Foodstuffs, totaL __________________ do ____ 16,010 31,222 25,881 22,0.58 14,965 17,758 20,407 Crude foodstuffs __ ___________ do ____ 2, 841 8, 7.52 8,026 6. 314 4, 005 6, 480 7, 706 l\ffd. foodstuffs and heverages ____ do ____ 13, 169 22,470 17, 855 15, 744 10,960 11, 278 12,701 Fruits and preparations _____ ____ do ____ 2, 098 5. 554 4,087 3, 927 1, 608 2, 209 I, 538 Meats and fats _. _______ . ________ do ____ 2, 495 6, 889 3, 240 2, 7H2 2, 056 1, 764 3, 151 Wheat and flour_ ________________ do ____ 2, IO:J 3, 340 5, 752 3, 381 1, 993 I, 536 2, 593

Semitnanufactures _________ . ________ do ____ 56,973 71,355 73,508 65,810 74, 490 76, 310 i5, 545 Finished manufactures _____________ do ____ 210,056 174,950 198, 418 187,766 188,319 216, 787 184,398

Autos and parts __________________ do ____ 24,028 23, 835 29,326 19, 493 21, 33i 17,661 13,964 Gasoline _________ ------------ ____ do ____ 4, 250 5, 534 5, 387 5, 364 6, 110 6, 332 3. 966 Machinery _______________________ do ____ 54,426 4.1, 235 59,726 62, 864 58,422 54, 496 48,292

General imports, tota]__ _____________ . _____ do ____

1

233,702 199,775 216, 732 212, 240 211,382 211,390 232,258 By grand divisions and countries:

Africa ______________________________ do____ 8,739 10,481 11,322 7, 958 8,052 9, 209 14, 849 Asia aTtd Oceania _____________________ do ____ 89.698 65, 789 'in, 041 77,883 70,057 72,720 86,645

Jhpan __ -·· ______ . ___________________ do ____ 8,127 7, 998 9, 335 8, 760 9, 283 8, 972 13,362 Europe _______________________________ do ____ 17,941 38,039 41,160 40,883 38,215 35,876 32,303

France _____________________________ do ____ 635 4, 786 5,170 4, 220 5, 351 3, 222 1, i51 Germany----------- ________ . _______ do ____ i17 924 392 357 231 251 201 Jtal)-. _ ______________________ do ____ 39 2, 613 3, 9G8 4, 9.53 4, 210 4, 053 802 United :Kfr~!irlom ___________ ______ do ____ 9, 443 8, 945 14,973 12, i48 12, 115 15,426 20, 299

North A1nerica, northern _____________ do ____ 35,428 26, Uf53 2(), 401 30, 475 3fl. 917 37,802 39,852 Canada ____________________________ (10 ___ 34,287 26,279 26,089 29,778 36,180 37, 164 37, 976

North America, southern _____ . ______ do_. __ 28, Oi2 23,270 26,957 25, 99:l 25, 797 28,491 24, 585 Mexico _______________ . ____________ .do ____ 7, 516 6, 733 6, 402 6,652 6,889 10,330 6, 986

South America _______________________ do. ___ 53,825 35,234 34,850 29,048 32,344 27,292 34,024 Argentina _______ ------ ________ . ____ do ____ 11,n2 10,819 10, 466 5,084 5,067 4, 743 5, 175 Brar.il. ___________________ . _______ .. do ____ 15, 383 8,067 8,122 7, 079 9, 282 7, 579 9,004 Chile. _____________________________ .do ____ 9,139 4, 593 4,134 7,012 6, 143 3, 590 8, 583

Imports for consumption, totaL _________ do ____ 216.623 189, 824 206,719 202,974 203,702 205,397 217, 828 By econon1ic classes:

Crude materials ________ ___________ do ____ 91,805 70,420 77,880 78,125 iO, 866 70, 511 85, 231 Crude foodstuffs_. __ . ________________ do .... l 31,211 23,838 25, 636 25,052 26,095 23, 642 24,924 Mfd. foodstuffs and beverages ________ do ____ l 22,940 23,138 22,812 24, .539 27,2151 31,275 22, 567 Si'mimanufactures ___________________ do ____ 42, 208 42,860 46, 596 42,447 43,337 45,146 45, 414 Finished manufactures ____ . _______ ... do .. _. 28,458 2'J, 567 33,794 32,810 1 36, 1s9 I 34,823 39,691

I

1

1941

I August I Sep- I October II Novem-1 Decem- Janu-tember ber ber ary

92 78 91 100 74 74

135 115 136 92 77 90 68 68 67

68 60 64 71 63 63

114 106 117 67 61 67 59 58 57

24 21 33 31 18 23

37 27 36 41 23 29

112 99 118 118 102 118

349,928 295,245 343, 485

12,615 14,094 15, 613 59,734 48, 405 66,957 25,188 17,778 26,195

143, 754 113, 523 122,003 89 72 8

(•) 0 0 6 90 12

125, 309 103, 361 107,597 71,800 64,626 77,886 70,707 63,252 76,682 27,888 25,673 31,556

7,198 7, 697 10,0!i1 34,137 28,923 29,471 10, 170 6, 267 5,151

7, 522 6, 753 7,176 3, 543 2, 976 3, 389

341,924 288,270 336, 165 24,161 22,724 29,188 3, 640 5,138 10,541

19, 170 15, 331 18, 3f>O 5, 819 4, 974 7, 528

13,351 10,357 10, 832 2,386 1. 813 2, 362 1, 710 1, 729 1, 754 2, 237 2,153 2, 946

96,863 78, 575 81,421 201, no 171, 639 207, 195

15,645 15, 735 22,531 4, 365 4, 422 5, 827

56,813 52,658 61,046 220,217 194,928 207,141

11,901 12, 581 9, 714 90,795 sn. 220 89,814 13,277 11, 124 18,31i1 26,566 15,762 18, 330

655 267 415 183 231 231 158 116 74

13,280 9, 253 9,873 i 41,029 40, 5fl9 39,103 39,467 39, 197 38,050 19, 571 14,722 16,440

6, 330 3,876 5,105 30, 355 25,075 33,650

5,170 3, 648 5,010 8, 396 7,122 9, 904 6, 372 5,164 6, 378

214,106 196, 312 213,133

88,495 80, 113 88,904 21,515 18,098 22,625 20,588 19,026 21. 1i6 I 50,342 46,510 46, o45 1

I 33,166 32,565 I 34,383 I

86 85 75 80

127 126 86 85 68 67

69 78 69 79

120 130 68 75 57 57

25 23 19 18

29 29 25 25

122 131 129 131

327,685 322,257

16,945 16, 624 55,894 60,405 16,443 19,343

118, 695 116.329 (•) (•) (•) 2

3 9 102,375 101,253

65,609 63,266 64,262 62,439 33,792 33,807

9, 772 10,554 3u, 749 31,824

5, 920 4, 734 10,807 10,046 4, 081 3,360

321, 275 315,323 24,600 20,453

7, 703 6, 417 14,650 13,719 3, 603 3,488

11,047 10,231 1, 974 2,638 1, 859 1,837 2, 703 1,n86

iO, 651 67,154 211, 373 213, 997 26,828 24,470

6, 897 5, 950 62, 873 63,327

223,430 253,099

13,191 13,663 93, 2!i0 105,823 21,676 14,033 24.600 26,187

1, 870 1, 301 576 183

23 84 10,428 13,610 44, 122 43,619 42,533 41,913 14. 884 15,782 4, 811 5, 769

33,383 48,024 6, 902 11,613 9, 340 12, 711 4, 435 6, 709

217, 175 238, 27.1

93,838 110, 375 22,695 25, 931 22,444 19, 435 44,383 52,009 33,816 30,524 !

86 84

124 85 6

71 7

12

0

0 0 8

7 5

1 1 7 6

2 2

13 13

325,35

22,04 7 6 8 2 1

54,87 11,58

126,77

(•) (•)

116,63 1 9 6 2 7 8 0 6 5

62,44 61,88 30,02 8,50

29,18 5,30 9,21 2, 95

317,95 3 2 0 6 7 9 4 8 0 9 6 9 1 3 6

16,09 3,12

13,74 2,88

10,85 1, V4 2,04 1, 53

69,98 218,12

2.5, 37 6,10

60,99 228,63

10,20 91,41 10,39 20,11

3 7 1 9 3 1 ,

49' 53

2. 9, 74

36,58 2 6 6 4 3 7 6 4 9 5

35,48 24,47

7, 74' 46,83 11,18 11,64 4. gg

223,59,

97,63 30,29 20,55 47,13 27,98

3 1 2 1 8

TRANSPORTATION AND COMMUNICATIONS

TRANSPORTATION Express Operations

Operati;-e revenue _______________ thous. of doL. --------- 9, 281 9, 586 9, 5881 9, 837 9, 528 Operating income. _______________________ do ____ --------- 76 84 75 61 71

Local Transit Lines Fares, average, cash ratet ________________ cents __ 7. 8253 7. 8336 7. 82531 7. 8253 7. 8253 7. 8253 Passengers carried t __________________ .thousands i77, 294 766,562 822, 687 797, 619 810,833 752, i76 Operating revenues ______________ thous. of doL_ --------- 56,545 59,974 57,872 59, 139 55,935

• Less than $500.

9, 415 9, 632 10,055 10, 624 77 69 87 82

7. 8253 7. 8253 7. 8253 7 8253 724,390 i26,151 762, 107 830,741

53, 574 54,097 58, 452 60, 542 1

10,542 12,701 67 78

7. 8253 7. 8253 801,646 860,704

58,489 i 62,623

--------

7 83

5

. 8253 7,903 9, 579

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

! 19-11 --~-----~----~----------~----~-----

Monthly statistics through December 1939, to· I 1941 I gether wllh explanatory notes and references ~------ ------, tothesourcesofthedata,maybefoundinthe Febru· Febru-1 March I ' I I 1' I' Sep· ! INovem- Decem· 1940 Supplement to the Survey

1 ary "-~Y__j_" __ ' ___ I April I May Jttne -~uly _l_"~ugust tember [ October I ber twr

Janu­ary

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!

Combined index, unacljustecL __ 1923·-25=100 _ CoaL ....... __ ____ "do I Coke-····-------------.. do --1 Forest products ___ ,lo -~ Grains aml grain products _____ do Livestock_________ _do __

~~~rc:handise:!:e.'_l_-_-_~::::· ·:;l;; I 1\fisrE'llaneous________ ___ _ __ do ---

1

:

cc~~{~led index, adjusted___ ---:~g I

Coke----·-----·-·······- _do I Forest products".. ___ .... do Grains and grain products__ do LiYe~tock__ --· ---· ._oo J\Ierchandise,!. c. L. _. _ do Ore. _____ do ~Hscellaneous____ __ __ _ _ __ do

Freight-car loadings (A. A. R.):, 'rotal rars______ __thou:-:-;ands

CoaL_____ _____________ _do Coke .. ". _ __ _ .do Forest products _" ___ "." _ . do Orains and grain products_ do LivPstock do J\!crchandise, !. c. L _ ... _ rlo Ore ____ --· __ do Miscellaneous ______ .___ do"

i I I

I I !

Freight-car surplus, total _ _ __do -~ Box cars____ <lo Coal rnrs _. _ _ _ __ .. _ _do

Finaneial operations: o1t~:C~~i~l"even_~es,_ to~~~ . tbous. o;1~ol I

Passf'ngrr ____ do.- I Oprrating rxprn;::cs do _" Tax('S, joint facility and equip. rents* __ do Net railway operating income___ _do Net income__ __________ do Operating results:

Freight carried I mile ___ ._. He venue prr ton-mile. __ _ Passengers c~nried 1 rni1r ___ _

Financial operations, actjustcd:* Oprrating revenues, totaL ____ _

Frc•ight. Passengrr __ _

"miL of tons rrnts_

millions

__ miL of dol

Railwayrxpcnscs. -·-- ·-·--

.do do do do

.do_ Net rnihnty operating income __ _ Net income

Canals: Waterway 'frame

Cape Co<L _______ . __ tho us. of short tons l\"ew York State.. --·-· ____ do Panama, totaL "_ _ _ ... _ thous. oflong tons ..

In U.S. wsscls. __ " _________ "do ... St. Lawrence" thous. of short tons .. Sault Ste. J\Iarie __ do __ _ \Yelland_._ .do ...

Rivers: Allegheny" ___ ------------------------ do JVlississippi (Government barges only) do :rvronongahela_____ _ ____________ do Ohio (Pittsburgh district)....... do.

Clearances, vessels in foreign trade:t Total U.S. ports __________ thous. of net tons" Forei~n- __ . ___________________________ do United States ................ ________ do

Operations on scheduled airlines:

iU so

11U ;)4 ti.5 31 li2 33 X9 sn it) k9 5fi 71 3b 1\,1

138 104

2. 824 !iOR

51\ 1[)4 llli 41

5~17 !)t

I, 204 X7 :;z 31

3,\8,413 2~W. 14()

:lG, 5ll 2.\fi, 590 "ll, 344 .s.s, -179

0 1, 827

!JGR {I

0 0

JH7 !JU

2, 5:{2 1. 424

Miles flown .. ". . ....... thous. of miles.. 8. 780 Express carried ___________ pounds _ 1,109,352 Passengers carried __________ .. _______ nlunhcr _ _ 196, P2't Passenger-miles flown"._. __ .. thous. of miles.. 75, 16S

Hotels: Average sale per occupied room." ____ dollars" Rooms occupied". . ..... percent of totaL" Restaurant sales index"····-- .1929=100.

Foreign travel: 1

U. S. citizens, arrivals_______ .. __ .number_ ,_ U.S" citizens, departures ..... _____ .. do. ""!. En1igrants. _________________ _ _____ .do Immigrants____________ .. do Passports issued"________ .. do" i

N~~~~~tar~s_: _________ ··"··· ....... do" I Automobiles"__________ ...... do

Pullman Co.: Rennne passenger-miles" ..... " .. thousands Passenger revenues ............ thons. of dol

' Revised. ' Deficit.

3. 32 t\9 9\J

I, 943

100.237 27, 925

t Data temporarily discontinued by reporting source.

118 :,o b8 4:l G9 33 59 2t3 71 73 hS (i5 H 75 liJ Iii

1()7 o:l

r 2. 4K!) r fii5

r3J3. 5\l.) r ~fi/, (j.)()

:JJ, 9·lfi T 240, ,')80

T 40, l.SS r 32, ,I.;.) f)

,j 10, 7fd

20, ()f),l)

. 9-fi' 1, iO!l

339.2 278. 3 33. il

290.3 4S. II

8. 4

434 0

2.124 1, 02g

0 0

125 79

1, ii15 83ti

r4, 27!) T :1,0.,12

1, 237

G, G73 6\)7, 385 139,810 58, 937

3. 25 fit) 91

21,049 14,125

1. 248

u~g.

77, 122 ' 21,189 i

671 769 ! 4: 558 I

fl7 70 73 H. 69 I :n no '2fi 74 /)\1 (16

70 43 i5 39 Gil

1().=)

3, 12:l 1\2-!

45 HlO J!i3 :n

741 '>1

1. 2~1 1S8

70 ~.s

327. 009 2WJ, 721 :-n. 2ii2

24S. S!H 41, GS1 0fi, 7;34

d -l, U55

31. 110 . 9"14

I, 803

32X. 'i 2~~s. 9 ;).\ ()

289. g 38. R d1.7

631 Q

2. 279 l. 073

()

0 0

207 158

2, 2SS 1, 135

r 4, 1):1/ ra, '2:31 '1. ·107

7,\IW 8~4, SS1 1U5, OG2 80,686

3.18 6.) 89

22,822 25, Jl:J

1, 459 fi. 373 2. 070

(ij I

g~ i 44 70 34 fO 42 'j(i

70 75 'i~-\ 43 7\) 37 ,)\J

102 74

2. 494 444

30 129 131 4.)

.so,~

.\9 1. 01\2

H;:; 1\7" (Hi

:m.439 2fi;l, 24f.

:!\l. ~!.111 21.'1. ~1.;;

-t I. 7"~1(/ :n.:-;;::2

d n. 2c1

2(1. 903 . 9<i4

1. 691

328. :; 21)9. 9

32.-! 289. 0 39.3 dJ.9

572 0

2, 0~1 I. 012

21\8 1, 27R

449

il02 !tl4

1, 984 1, 20c<

4, 759 :3.078 1, ti80

8, 332 871. 317 224. 852 88, O(i2

3. lO ()t)

104

Hi, Ot"ii Jti, 410 I

1,192. 6. 923 i 2,10\1 .

117,430 ! 124, 81i4 32, 9ti7 I 38, 580

735. 3 !(i : 635, 802 4, 871 4.170

2. 713 470

:l3 l:l! 121i 47

.~H7 19.1

1, ll2 1S4

fi\J 5()

343. 3<i2 284. (;iq

2\l 7-~:! 2tl'2. F;O:~ 43. 48.1 ·17, 071

3. s;:J

33. OS<i . 927

1.699

3-11. s 2111.-1 32. 5

290. 4 51. 3

0. 5

(1) f)()!)

2. :na I, :).'iS 1. 0;)/

12. 2rio 2, 0.51

-175 2-Hi

2, f;o:l 1, 500

,!), 845 3, 751 2, OU4

9, 2tii 1141, 810 258.4.11 100,044

75 flO 85 48 73 31 60

170 85 75 81 91 45 74 3S ()O

100 82

3, 135 ;oo .\0

171 11)4

314,; 13 2Rn. t no

;);"'i, ~~fi 2tl2. ~fi2

44,(!32 47.419

7.0.10

32. 91R . 930 '

2, OlO I

~.19 81 ~1"17 2 :ns

~;~~: g ! 18. 4 i

(1) (i-17

1, /.'-9 k\-i\

I. 0.'5 1:i: tii I

I 469 ! 204 I

2, f>SI I ~· 5521

T ;). 91.) r :-),PO:\ I •2.00" !

I !

77 70 89 46

!10 31 60

182 82 7.1 83

105 .,1()

80 35 til 9fi ~()

2. 82~1 474

41 127 203

41 .o70 '27.1

I, OfJ.1 1:l:l

.17 -!7

~Gfi, 07R 300, fi'i'i 37. 7:32

2{il, ggg ·Hi. 974 ,\7, 104 lfl. 042

33. 713 . 91i3

2. 244

3flt1. 3 293.8 33.8

302. 7 .13. G 11.9

(1) 77[1

2, 2S.1 1, 07.1 I. 12:)

1:1. 812 1, 832

399 198

2, li81 1,4H

0, 340 4, 241 z.mHJ

78 75 88 ,\I 89 38 f11

178 83 76 8.5

108 49 74 3>i til ~Hi ~2

3, 718 GS7

54 IS<i 208 62

7Fifi 347

1. 449 104

51 30

:lSI, 427 310,040 40,974

2fl7, ,)0.)

47, 907 f)(), 015 21, i2f)

311, :iOR . 026

2. 480

31l4. 8 298.4 36.7

307.6 57.2 14. g I

I (1) I fi2.1 2, 418

1. 2021 l. 008 13. 713

1, 820

so1 II 212

2.1l79 I 1,4121

fi, 331 4. 307 ' 2.0241

I . I

86 83 94 ,\6 89 54 61

185 94 77 80 gg 51 79 42 fH

}()()I 81 .

3, I:Jii 502

44 1/'l'i' 160

G9 GO<i 279 i

1, 2~0 I j;} I

3:1 ' 24

382, (\o:J 3Hi, 125

30, 094 21lll. 179 48, 2.31 74. Hl3 30, 73:3

37, 058 . 92:1

2, 14·!

37(). fJ i 312.9 •

1

:l4. G 309. 5 67. 4 I

-·I-

(1) 648

2, 304 I, 101 1

99? . 13, Ofl3 I

1. 616 ;

423 I 192 \

2, 585 I I. 3961

'"· 105 3, 727 ,. 1, 078 i

r

&6 72 97 .57 Sl b3 64

173 100

G5 97 55 81 4;) G2 :

117 b9

3 21~9 .lOtJ 47

WI J;i4 80

636 274

1. 400 88 27 45

413. r.oo 34S. HW 33, 4!\.)

276, iTi 49, 8R.\ 80. 9SB 42, G.S!

38. f114 . 90.1

1. 922

3f>3. 0 29R. 3

3.\. 0 311.5 51.5

(1) 804

2, 418 1. 13:J I. 070

12.971 1. 491

437 •181

2. ~()5 I. 603

.\, 4:J3 3, 079 1, 753

I 8\ I

83 104

55 73 ' 52 . 63

105 9.\ s:; 71i

104 ,1)(1

7~ 4:l f12

Iil2 94

3, 780 69.\

61 193 lf!fl

Rfi 7.52 213

1,fl14 9fi 33 42

37fi, i}i).t 3!.\, 204 3J.2H

2.~9. 4.15 44, 810 71, 09U 30.809

35, 949 . 94\)

1, 772

379. 0 314. 3 34.9

311.7 (57. 3

(1) 599

2, 0()2 1, 127

893 8, ()42 1. 529

307 '142

2, 792 I. 4G8

5. 040 3, 376 1, GG4

>-3 lOS .\0 ()~ i 39 tfl 33

'" 8! 74 9(1 fi9 77 40 1)3

J:l4 97

2. 71>' .100

.\() 141 118 .\0

578 I

49 1. 171 .

129 ! 4,) 1

57

381. 792 308, 3.)() '

40,840 ' 26fi. 134 36. 867 78.791 .01, U78

34.904 . 97>:l

2, 312

400.8 333.3

37.6 315.8 S4. 0

0 2,129 . 1, 134

13 704 210

211 11.5

2. 969 I, 545

3, 840 2. 544 I. 296

TiS 81)

113 r 53 fi~ :Js tiO 33 h7 Sl\ 7.j 9ti nO 'jfi 3fj

G3 149

'102

2. 737 577

,\3 144 123 47

5t-i9 .so

I, 174 110 43 42

377, 37 4 30\J, .\SO 40, lf.9

2fll5. 9f\9 46.048 fJ2. :~:)7 HI, 70S

0 1, 961) l, 102

0 ()

0

215 105

2. RIO I. 5&1

3. 839 2.1l53 I. 1&6

1 r ! i 1 :

9, ~4\l I 1 0~ 121 I 10, 223 I 10,084 i JO. 635 I 9, 573 i 9, 142 8. 8\10 9R1,SRc !1,05ti,999 il,201,1199'l1,184,249 11,329,843 !1,205,261 1,323,615 1,113,002 28<1. 27:~ I 296,539 'I 320,990 310,293 ; 334.386 I 239, 858 11202. ,,)9 ' 197, 854 110. 84{1 I 112,377 121,602 118,534 ! 125,924 I 90,697 78,387 78. 340

3. 10 3. 2> I 3. 19 I 3. 39 . 3. 35 I 3. 39 I 3 4 7 3 20 3 24 M ~~ 00, Mf Ml rn• M ~ W \18 9: i 88 I 100 i 96 I 100 i 103 I !15 97

1<i, 003 17.254 ! 15,692 1 11,308 I 8, 422 I 8, 54() ' 13, 148 J(i, 244 s, 688 12. :J54 : 10.960 115, .sm I 9. 692 G, 862 7. 020 7, s6s

993 I, 189 ! 1.110 1. 3171 I, 641 I, 648 l, 777 1, 681 4, 12.1 4, 298 i 4, 812 4, 8GI I 4, 824 3. 8:33 3. 765 3. 612 2, 926 2, 848 ' 2, 435 : 1, 913 I I, 628 I, 503 1. 820 2. 5!1

259, 3ll8 i .1131,,',~,·. !,'r,~~, , 927. 7.07 . 933,783 i 497, 149 i 252, ;ss 92, 74G 60, 475 83.296 77, 8G9 I u 257, 109 · 258, 128 149, 214 i 79, 1~4 28,997 18, 335 23. 544

570. S3G i G85, 427 702, 186 1 718, 140 : 702.104 : 684,932 .578, 2.57 734.016 879.883 4, 749 4, 277 ·1. 263 4, 402 I 4, 381 i 4, 235 3, 738 . 4. 64G 5. 529

,Data for March, June, August, and November, 1940 arc for 5 weeks; other months, 4 weeks. *New series. Adjusted data on financial operations of railways beginning 1U21 appear in table 33, p. 16, of the September 1940 issue. The new series on taxes and joint

facility and equipment rents is shown to provide figures for obtaining total railway expenses as giwn in the adjusted figures of financial operations; earlier data not shown in. the September 1940 and subsequent issues of the Survey may be obtained by deducting operating expenses and net railway operating income from operating revenues.

tData revised for 1940. Revisions for January are as fo11ows: 'l'()tal lT. S. ports, .t,:{n2; forekn ves~els, .~,040.

April wn SUl~VEY OF CURRENT BUS[NESS 39

Monlhly sta~istics through December 1939, $o- I 1941 gether with explanatory notes and references '---~

1940 11941

to the sources of the data, may be found in the II Fehru- Febru· ~-1940 Supplement to the Survey ary ary March f

--~·--------·~-~- ~-- ~- ~--~---

April ~~~~.- l\Iay I June -~.-~~~Y---~, ~:~~~T-se;-:----~-;cto~-:-1 N-;;-;;m-:--~ l>Pce;;-1 Janu-~---~-1 ____ I__ i tember 1 ber bt•r ary

'rRANSPOR'l'A 'l'ION AND COMMliNICA 'l'IONS-Continue<l ------C-'O_l\I_M_U_N_I_C_A_T_IO_N_S~----~~c-----o------,~·--~--i ~----,--~----,~~-~-----, -------, ---~ ------,~---------1 ---

Telephone carriers: I 1 I Opera tin~ revenues. ______ ~ _ thous. of doL-~-_~ __ ~ 102,999 106, 094 107. 155 108, 003 j !Of>, 05:l 1 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

1. 19, 108 1 19, 138 19, 2ll 1 19, 334 19,446 !9, 547 19, 670

1

_ TelP;:rraph and cahle- carriprs:t i 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

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 \Yc"tern Union ·relegraph C'o, rf'venurs I 1

1 i 1

fromcableopcratwns_-~thot".ofdol ~-------- 566 li9J 5\14 Gf\!

111

5l\9i 543; !,~311,1 415 441 424 CahlP (•arnC'rS _ ____ _____ _ do __ _____ _ 920 93G ~l7:-) 1. 022 918

1 8tl7 o 7flfi 8~1 770

~~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.":~~ Radiotelegraph carriers, operating revenues j i i I,

083 1

1

I thons. of doL.--------- I, Oi2J I, !l6 1, 239 ! 1,149 1,110 I, 267 1,179

I j I

CHEMICAJ,S

Alcohol, denatured: Consumption ______ --~- __ thous. of wine gaL_! Production_ _ ___ do ___ _: Stoeks, end of month~------- __ ~~do ____

1

1 Alcohol, ethyl: Production~~ thous. of proof gaL i Stocks, \varehouscd, ('Tid of nwnth do __ \Yithdrawn for denaturing__ _ _____ do ____ i

MPthanol:

CHEMICALS AND ALLIED PRODUCTS

10,558 10, 55tj

1,40.5

22,030 12, !(\()

1\!,070 1, 7t\G

8, 505 8, 460 1, 366

20,381 18,773 14,697 1, 640

9, 494 9, .124 1, 392

20,983 20,677 16, 730

2, 012

9, 701 9 994 1:591

20,218 20, H57 17,610 2. 035

10,037 10,037 I, 586

20,948 21,921 17, 752 1,/82

9, 625 u. 707 1, 662

21,423 21, 7HH 17, 490 3, 380

9, 497 10,-143

2, 605

22, 457 22, 393 19, 021

2, 020

14, 1.17 13, 6\J4

2, 445

i

I 21. 5!'i9 i 1s, 4Ro 1

20: 6!~ i !

15, 5(j(i 15,098 1, 975

23,350 13,471 25, 552 2, 357

13, 5l4 13,158

I, 586

23,354 10,027 23, 110 2, 959

540 \JO:l

10. [i:S{)

1. 2\Jl 872

I. :34F I

12.441 12, 2Jf> I, 3GO

2~~. 71)2 v. 503

22, ()[)() 2, 12~ \Vithdra,vn, tax paid ___ --- ------ __ do __ --

11

Exports,rcfine<l_~~--~~ _ -~ ~~--~~gallons __ : 102,711 l'rice, refined, wholeeale (N.Y.) dol. per gal ~, . 34

228, 3.57 . 36

326, 149 . 36

35, 72;) . 34

21, 9:)2 . 34

53, 341 . 34

74, zns . 34

198,332 I 162,302 191, 7:m 21i7, 077 .M! .M .M .M

3661 453 Production: i

Crude (wood distilled)~ ___ thous. of gaL i Synthcttc~~ ___ _ ___ ~-- ~do --~~

Explosives, shipmPnts -~- ____ thous. oflb ~ Sulphnr production ((]uartcrly):

Louisinna___ _ ________ long tons __ j_ rfPXflS ··--- ___ --- ________________ do .... :

Sulphuric acid (f<·rt Hizer manufacturers): I

4:Jo :J, 171

33, li:ll

447 3, 782

31,035

507 3, 463

30,189

121, R20 546, 558

442 3, 486

32, 204

437 3 409

34: 475

426 3. 426

32,877

149, H95 525, 157

390 3, 852

33,340 3, 549 4, 408

41)8 4, 440

34,444

484 3, V13

33, 41il 37, ISO I 37, 740

I 37, 445 _ Hrl, ()75 5_3 4?1 ' ,'>li7, j~(lQ

11, 1S2 10, 2U.f

4\!4 888

9, 821 ()14 96

1, 2UO

10,499 10.010 1,468

24, 224 11, \lf\3 HI, 434 1. 742

14, 2~3 . 34

450 3, 420

:lfi,OSO

Consunwd in production of fertilizl'r ! short tons __ !~

Prire, wholesale, 66°, at \Vorks I !58, 592

16.50 212, 719

149, 303

16.50

140, 272

lfl. 50 192, 846

I ' - ~--- -- -~- vvo I

143,742 137,321 134, o5o !.53, 21s t4o, 444 I 169, 878 179,677 17s, 193 ! 184, Hu

16. so 16. 50 16. 50 16. so 16. 50 I 16. so 16.50 JG. 50 dol. per short ton .. i 16. W Production _short tons __ i--Pnrchas(•s: ,•

From f<·rtilizrr manufacturers do ___ i~ Fron1 others_ do __ .!-

Shipments: 'J'o fertilizer Inanufacturers. ___ . To otlwrs_

Stocks, end of month~~-~--

do do

_~_~do

i !--

FERTILIZERS

' Consumption, Southern Stat('S ! thous. of short tons __ 1

1 Exports. total§ __ _ _____________ long tons __ , Nitrogenous§... do I Phosphate materials§ __ .-- : ___ :_:_._._._:_:_:_:_-,dlo

0_: ___ - -_~,

Prepared fertilizers ~ Imports, total§ do~--- I

Nitrogenous, toVlJ_ _ _ do ___ _ N"itrat(• of soda ..... _. ____ do ---1

Phosphate's do~ _I Potash§---· -·-- __ _do. ___ :

Prirc, whoJesnk•, n!trate of soda, 95 percent I (N.Y.) ----·- ________ doL prr C\vt__,

762 94, 3]() 11,031 70, 333

498 0.1, 474 92, 2o:l 40,2.14

:J,\3 I, 4:)6

I. 470 Potashd('lin•riPs_______ _ _____ short tons-~-~ Sup<•rphosphatc (bulk):

Production_ _ _________________ do 1

i i

Shipnwnts to consumers . ______________ do __ _ ~toeks, end ofmonth __________________ do __ _

NAVAL STORES ! Ro~in, gum: I

J>rict', wholesale "11" (Savannah), bu1kt ! dol. per lOOlb_~l

HccPipts, nPt, 3 ports _ ·~- _ ~ ~_bbl. (500 lb.) __ 1

1 Stocks, 3 ports, encl of month ___ ~. ___ ~do_~ __

TurpPntinr, gum, spirit.;; of: 1

Price, wholesale (Savannah) ____ dol. perraL_1 Hcceipts, nct,3ports __ ~ ~~~~--bbl. (50gal.) __ ,

Stocks, 3 ports, end ofmonth __________ do ____ l Oli,S, FATS, AND BYPRODUCTS !

Animal, induding fish oils (quarterly): I Animal fats: I

J.ti.l II, 941

542, 44C.

.4!\ 2, I.IH

33, 90fi

10,724 23,685

40, 300 55, 650 93, J:l2

675 53,398 28,902 19,717

800 140,544 73,792 26,500

406 65, 486

1. 450 r 12, US4

196, 2UO

19 383 23:416

34, fiR5 55,002 \13, 231

1,536

1

1 60,332 14,847 43,311

722 178, 782 135, 83\l 8fl, 089

47() 40,094

1. 450 8, 303

308. 758 351,009 .12, 741 1.18, 717

I ,250,521 l, 115,::131

2. 35 6, 764

570,403

. 33 611

66,532

2.38 7, 710

544,281

. 37 I, 202

58,369

Consumption, factory _______ .. thous. oflb_ ~I~-_ Production ____ ~ _____________________ do~ ___ I-_ Stocks, end ofquarter_ ______________ do ___ I

~-~ ~ ---------! 229,509 _________ , 088,427 ----~~---1560,537

Greases: 1 Consumption, factory ________________ do ____ l Production_ ~ _ ~ _ ~ ____________________ do __ - -I Stocks, end of quarter. _______________ do~. __

• Revised. " Deficit.

:::::::::1 85, 454

112, 203 110, 851

ll, 991 27,618

32, 533 58,061 94,820

I. 1251 05, 798 20,053 43,167

748 144, 702 118, 515 89, 679

600 19, 55:~

I. 450 6, 541;

::138.482 221, 37fi 834, uoo

2.13 2(i, 679

522, 133

. 35 6, 584

51,215

1\ll, 643 ' 176,846 180.553 194, 66! 193,2431222,476 216,290 223, 131

15, 6!)2 18, 013 24, 133 30,782 33,813 38,301 33.220 22.941 27,330 36, oz9 32.517 31,476 21,163 1 25,518 36.184 32, n2

37,371 r~u. ono 89,282

3291 10~. 207 20,485 80,484

544 140, 797 97,020 79,299 I. 228

30,197

34, 534 S7, 344 90,971

44.063 .55, 433 94, 628

45,680 60, 923 91, 732

42. 582 1 48. 635 59, :l\13 i 65,817

103, 5321105, .557

i

gOJ! ~)/' 47.~

110, u:l!J

:)ti, 377

~~0:m

uo,6~i 122,sl? 178,4~! 144,~!§ I I+s,i~~ m,!7~ 1:11i,~~i Iii, 379 21,021 30,321 2\J, 729 I 15,773 15,891 Iii, 48fi

66, ~~~ 86, ~~~ ]128, ~~I 100, m I 11i: ~~~ 88, :g~ 112, ~;~~ 99, 002 l17, 2.of) I 89. 8\Jl 71, 038 ! 68. 208 D3, 852 fj2, 70G 83, 707 109, ti18 75, !i42 61, 45fi I 6:l, 090 55, 3G2 50, 245

6} ~§~ 1 82. 341; • 5n~~ 37. ~A~ 3g~~ 28, ~~¥ 2~: ;~~ 10.34\J 1 7,441 1 8,8291 ,, ,3, I 3 1 5,025 7,9o:J

I. 450 I 4.10 I 1 450 ~ 1 4!i0 ' 1 450 I I. 470 I I. 470 1. 4 70 7. [.2J 27, 0.54 ' 3!1, 212 I 37. !J\181 51, 2131 4G, 003 t [J1' GH I 31i, H:l3

339, 73il 327. 10\1 I 32:) !ifl7 I 361,387 I 327. 117 40\, 4f>7 i 398, 3~ 1 I 425, 11~ 1:J:l, :J72 61' 120 I 27. 584 I 45, .lk9 ' 130, 823 I ~8. 210 I 4f,, (;4\J I 4:l. l\12

900,6.\0 945,712 jl'·""·"" (00',"' ('"·'" !'·'"'·"' i'·"'·"" ''·~''·" l. gr, 1. 76 I. 42 i I. 69 I l. fil I I. 67 I I. 87 I. 72

37, 7\!2 43, 411 46, 132 ! 48 389 · 40, 1\10 : 39,820 I 35,018 34,098 5Hi, 741 529,416 ! 519, 556 i 524:212 ! 522, 181 i .528, 065 i 542,091 5G1, 241

I I I I . 34

9, 429 50, 704

.32i .331 .34 •. 37! .411 .4.>1 11,302 I 12,340 I 11. 4\J(i I 9, 762 i 8, 364 ! 7, 793 i 53,345 1 54,488 , 55, so9 1 51, o53 : 44,951 I 44,488

. 44 fl. iltlli

40,01h

: I ,11 i I I : I I

~rb.·g~6 11 :_:::::: 1::_::_.::',1 z:15, 774 i ______ I ___ ----12w,3c.1 508.513~---------~--------- b72,8Hh

633,821 , _________ ] _______ -· 557,921 ---- --'------"I GOO,:l47

:g~:m 1:::::::::1:::::::-:: :gn~~ i:::::::::i:•••:::::~ :~~:~~~

16 . .50 221,788

32, 570 3B, G59

:lfi,1H\ bl. fl\)1 VI, 407

518 109, (i.\4

9, :J:lli 87,()1J8

4(i!) 87, 115 81.085 34, 3:l2

?·! ~; 2, ;(p

l. 470

408, 192 f"l.5, 997

1,2fi4,881

l. 73 17,906

5GO, 045

. 48 3.027

35,421

tRevised series. Data for tele~raph and cable carriers revised to exclnde data for radiotelegraph carriers; for revised ber 1940 Survey. Wholesale price of gum rosin revised beginning 1919; see table :3, p. 17 of the January 1941 Survey.

§Data revised for 1939; for exports, see table 14, p. 17, and for imports, table 15, p. 18, of this issue.

data beginning 1934, see table 48, p. 16 of the N ovem-

40 SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1939, to-,1941 I gether with explanatory notes and references ---to the sources of the data, may be found in the Fcbru- Fcbru- II March I !\.pril I May I Tune

I

__ 1_9_4_0~----~----~--~----~-----1 1941

I August I Sep- I October I Novem-1 Decem- i Janu-

1940 Supplement to the Survey J ary ary 1 • 1 July tember ber ber I ary

CHEMICALS AND ALLIED PRODUCTS--Continued

OILS, FATS, AND BYPRODUCTS-Con.j

Animal, including fish oils (quarterly)-Con. i Shortenings and compounds: 'I

Production ... ---------------- .thous. of!b .. .. Stocks, end of quarter ________________ do .... l ..

Fish oils: Consumption, factory __________ . ___ .. do ___ _ Production. ___ ._ ... ______________ ._.do .. __ .. Stocks, end of quarter ________________ do .... _

Vegetable oils, total: Consumption, crude, factory (quarterly)

mil. of lb .. Exports ... ----------------------thous. of lb .. Imports, total§ ......... __ . ___ .. _. ___ ._ .do._ ..

Paint oils. _________________ ........ _ .do._ .. All other vegetable oils§ .. __ .. __ .. __ .. do ....

Stocks, end of quarter:

37, 275 61,097

437 60,660

Production (quarterly) ____________ mil. oflb .. l Crude ___________________________ ..... do.... _

Cop;;,efined ________________________ -----.do .... -~- ..

f,i;~~~;~~tion, ~actory -~~~wrt~~~~~ ~s~~~td~n~:: .. lti, 271 Stocks, end ofquarter __________________ do .... ___ _

Coconut or copra oil: [ Consumption, factory: .

Crude (quarterly) _____________ thous. of lb Refined (quarterly)---------- ________ do ....

ln oleomargarine ... ________________ do .. Imports§. __ . ______ ... ______ . ___ ........ do.... 32,207 Production (quarterly):

Crude._ ... ___ ._ .... _ .. _______ ..... _. do .. .. Refined ____ . _____ ._._ ... _______ ._ .. __ do ... .

Stocks, end of quarter: Crude. ____ --------- ________________ .do ... . Refined ___________________ ......... _. do ... .

Cottonseed: Consumption (crush) ... thous. of short tons .. Receipts at mills .... ----- .. ---------- ... do.--~ Stocks at mills, end of month ............ do .. .

Cottonseed cake and meal:

~;tJ~~~~ori: ~-- _-_-_-_- ___________ -_-_-_-_-_-~~or_t_d~ns:: Stocks at mills, end of month. _________ do ....

458 225 844

54 201,822 252,947

Cottonseed oil, crude: Production ______________________ thous. oflb .. 147,702 Stocks, end of month .. ________________ do .... 176,281

Cottonseed oil, refined: Consumption, factory (quarterly) ..... do

In oleomargarine .... ___ . ___ .......... do ... . Price, wholesale, summer, yellow. prin1e

(N. Y.L _______________________ dol. per lb .. Production .... ____ .. ------------- thous. of lb .. Stocks, end ofmonth. __________________ do ....

Flaxseed: Imports. _______________________ thous. of bu .. Minneapolis:

~~g~:~i;;_:_:_: _ _:_:_:_:_:_:_:_:_:_:_:_:_:~:::::::::~g:::

D~1~!~"t:s·=·::_:::_::_::_:_:_:_:_~-:~:::::::::~~-:::l

.062 145, 105 507, 248

1, 285

414 133

3, 952

159 1

434 Oil mills (quarterly):

Consumption .... ______ ----------- ... do ....... . Stocks, end of quarter. .... __ -- ....... do .... .

Price, wholesale, No. l (Mpls.) .. dol. per bu .. Production (crop estimate) ..... thous. of bu ..

Linseed cake and meal:

1. 75

Exports§. ____ ... ----------------- .. <lo.... 34 Shipments from Minneapolis ___________ do .... j 30,760

Linseed oil: Consumption, factory (quarterly) ..... do .... Price, wholesale (N. Y.) __________ dol. per lb .. Production (quarterly) __________ thous. of lb ..

. 095

Shipments from Minneapolis ............ do ..... 14,950 Stocks at factory, end of quarter .. ______ do .. ..

Oleomargarine: Consumption (tax-paid withdrawals)_ do ...... Price, wholesale, standard, uncolored (Chi·

cago) ___________________________ dol. per lb .. Production ______________________ thous. of lb

Vegetable shortenings: Price, wholesale, tierces (Chi.). ... dol. per lb.-~

PAINT SALES

.120

. 094

Calcimines, plastic and cold-water paints: I Calcimines ....... ___________ .... thous. of doL ....... .. Plast:c pamts. ____ ... _____ .. __ ..... _._.do ....... _. __ . Cold-water paints: 1

Iu dry form __________________________ do ..... I------

PaiJE ~~~~1Ih~raccjuer-:a11<1 fiii~ii:· · ___ do.-- ·J· TotaL _____ .... _. ____________ .. ________ do .... i

Classified, totaL. ____ .. ________ ...... do .... i--.

u ~~~~~~~~~::_:_:_~~== :::::::::::::::: Jg:::: 1::::

12,091 66, 579

7, 580 58, 999

22,449

1, 841 26,240

·124 146 ,)21 I

HI 196, 194 200,275

138, (;92 201,407

10,200

. 069 12.), 824 628,632

1, 763

139 119

2,151

2 12 31

2.14

50, on8 14,200

. 102

10,800

.120 r 29, 4S2

.100

181) 4:3

13:l 26.l

25, 53(i 18,806 8, 920 9, 887 6, 729

273, 119 57,250

I I I I I

I ~- :1 ::::' :' 63,129 34, 0!5

203, 521 1 ________ 166,507 ________________ _

914 15, 057 67, Oil 9,107

57,904 910

861 754

78,834 35, 633 45, 756

I I

--~~:i~r~·-;n~r 11 1, 3SS 11, 944

. - 6~, 6~3 .I .. 59~ 2~5. ! I

18, 932 27' 606

I .

149,761 ll _________ i ________ _ 55,986 _________ I _______ -2, 4641 3. 084 2, 527

:::::: --~~~~~~- --18,-~~~-70,920 ~--------- ---------

196.940 --------- ---------13,407 -----.--- --.---- ..

293 I 173

1

101

3812, ! 28 92~,· i 172 '

112 I u6 135,993 83, 402

52 47,227

129, 173 175,0931151,995

98,0751 61, 574 36,438 186, 292 142, 833 98, 843

27~: Z~t 1- · s: iss 8. 468

756

'· 648 73,214 15,791 62, 424

558

713 684

70,217 1;·, 454 4(;, 933

14(., 156 '*-· 492

I, 575 2(, 729

87,781 69,451

202,239 15.083

3! 26. 165

110,9091

19,396 66, 134

3!6, 196 7, 392

I

10,245 96, n29 19,533 77,096

11,695 74,854 10,839 64,015

1, 261 1, 180 36, 659 26, 286

:::::::::1

42 18 40

1 19, 5fi6 79,501

14, 1231 37, 352

8, 526

77 125 86

140 36,303 57, 539

23, !58 24,267

8, 275

. 0671' . 068 . 064 79, 498

600, 480

. 060 . 060 . 056 114, 712 97. 318 645,87516.0,916

1, 972 I, 199

127 176 88 132

1, 751 1, 237

2 1

32

7, 892 3, 356 2. 08

3.5. 68S 14,960

85, 526 . 106

150, 197 12,%0

172,800

56 0

88

... ::::.1 ¥~· ~~b i

. 108

13,020

r 26, 830

1

r 27, 582

. 120 . 120 r 2H, 6tH r 27,411

. 099

215 54

186 320

30, 370 22, 6!0 10, 080 12 . .531

7, 759

. 096 !

272 54

234 382

36,206 26, 552 10,972 15, 580 9, 654

51, 091 4.5, 862 34.262 553, 395 4')3, 658 412, 564

1, 434

209 172 701

521

161 123 519

170 53 180 0 78 130

6,1\37 3, 148

1. 97 1. 78

21,538 1 1, ~f2fi 13, 760 10, •• 40

98, ~·77 . 105 . (·99

12s, c83 14, 000 14,450

r 2-1, 1.~0

.120 r 24, 70:)

. 098

302 56

242 413

41,722 29,744 l!, 051 18,693 ll, 978

132. E81

r 19,517

. 120 '19,8i0

. 0J5

2l7 ·13

207 3 6

36, 2:"1 25.8::8 9, 7:6

16,0:·2 10,443

661

42 38

248

63 183 10

1. 58

56 18, 560

. 092

1!,350

22,066

.120 2~. 021

. 095

193 47

199 251

34,056 24,278 9,895

14, 383 9. 779 .

~28

7, 307 1, 180 2,816

1, 566 244

1, 333

1. 50

1, 021 22,760

. 087

14,550

22,498

.118 21,664

.093

202 49

183 295

34,991 24,9731 10,619 14, 354 10,018 I

i ! I

I :

I I 296, 179 48,144

43, 9.o8 _________________ _

42,816 --------- ---------174,462 1--------- ---------

622 I ________________ _ 9, 680 13,383 7, 290

57,977 64,460 54,366 2, 7-15 6, 027 1, 300

55, 232 58, 433 53, 066 540 --------- ---------

737 452

57,579 1--------- ---------11, 980 1 26, 861 30, 584 29,293 1··------- ---------

148,245 1 _________ --- I

56,248 --------- ---1, 142 1, 464 1, 664

21,684 36, 1571 34,412

73, 038

2;;~~~~ ~~~~:;;~;~~~;;~;~;;: 3531' 700 644 599 1, 407 766 333 I 1, 040 1, 162

40 I 140 138 155, 32o 1 3!2, 138 286, 89o 95,884 I 130,714 153, 465

332. 320

1

__ 53,700 -- ----

51,818 --------91, 7221 _______ _

199,458 --------

1,012 i 9, 318 1

68,389 1

1, 625 1

66,764 1

1, 184

935 570

69,664 27,606 34, 797

150,410 52,296

I, 528 40, 224

87, 883 73,938

242,973 14, 123

8, 7.58 51,320 1, 239

50, 081

544 560 657 361

1, 276 I, 076

!8.o 91 230, 375 248, 9!6 175, 700 215, 358

110,592 224,625 205,192 174, !51 179,475 80,274 148,288 182,533 176,626 176,425

3!2, 007 9, 956

. 056 46,171

348,042

24

5, 813 347

7, 073

2, 293 1,691 1, 935

6, 943 7, 038 1.48

!59 29,440

101,652 . 084

135, 389 16,600

115, 135

25,719

.115 26, 542

. 090

213 50

193 311

33,937 24,101 10, 502 13,599 9, 836

11, 827

. 054 134, 3f>8 356, 104

704

1, 226 234

7, 363

517 674

1, 778

1.47

10,908

. 057 158,418 400,259

I, 093

388 4.)2

6, 232

537 1

2, 042 277

1. 59

629 282 34, 960 32, 440

. 083 . 086

16,600 13, 250

29,4891

.ll5 30,160

. 086

218 48

181 302

37, 748 27, 347 12,594 14,753 10.401

30,854

.115 30,002

. 087

140 40

!58 273

30,795 22, 8191 11, 336 11, 483

7, 976 I

328.495 13, 107

.059 168. 517 458, 335

769

407 251

5, 410

61 220 118

10. OS:l i, O";"i l. 64

1 31,127

2 42,920

100,837 .088

192,185 10,850

153,820

31, 118

. 11.5 32, 457

. 088

1.50 ! 44

1:38 259

27, 326 20,472 10, 785 9, 686 6, 854

. 064 179,925 484, 764

1, •s2

476 71

4, 739

168 II

275

l. 78

I. 512 44,400

. 095

14,350

33, 835

. 118 34, 030

. 094

208 35

144 288

33, 408 24, 609 12, 206 12,403 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 I 1940 '11941 gether with explanatory notes and references --- ---- · -·-- ----·· ---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 I Novem-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

CELLULOSE PLASTIC PRODUCTS

Nitro-cellulose, sheets, rods, and tubes: Consumption .................... thous. of lb .. Production ............................. do. Shipmentsci' ........................... do ..

Cellulose-acetate sheets, rods, and tubes: Consumption ................. thous. of lb Production ........................... do .... Shipmcntsci' ......................... do ..

Moulding composition: Production ........................... do .... ---------Shipments! .......................... do ....

ROOJ<'ING

Asp!Jalt prepared roofing, s!Jipments: Total.. . .................. thous. of squares .. ---------

Grit roll .............................. do .... -··-------

~~~~i~s r<.;W_~:p_e_s!:~::::::: ::::::::: :~~:::: 1:::::::::

ELECTRIC POWER

ion, total• ............... mil. of kw.-hr .. Product By so

Fuc Wat

By ty Prh

ut Ot!J

Sales to

urce: l. ................................ do .... or power ................. ________ do .... pe of producer: ·ately and municipally owned electric ilitics .................... mil. ofkw.-!Jr. cr producers ______________ ..... do ....

ultimate customers, totalt (Edison tric Institute) .......... mil. of kw.-hr .. Elec

Resid Rural Comrn

entia! or domestic ................. do .... (distinct rural rates) ............. do .... ercial and industrial: lllight and power. .............. do ....

ge light and power. .............. do ____ and !Jighway lighting ............ do ....

12,313

8, 395 3, 918

11,027 I, 286

.. ------------------------

-------------·-------- ...

Sma Lar

Street Ot!Jcr Railw Intcrd

public authorities ................ do ...... ... ays and railroads __________________ do _____ .. ... epartmental. ..... ---······--····do ..... ----

Revcnu (Ed is

e from sales to ultimate customerst. on Electric Institute) ..... t!Jous. of dol..

GASt 1-Ianufa cturcd gas:

----

mers, total. ................ t!Jousands .... Custo Dom Hou Ind

.. cstic ............................ do ....

sc heating . ..................... do .... ustrial and commercial. .......... do .... to consumers, total.. ...... mil. of cu. ft .. Sales

Dor Hou Ind

nestic ........................... do .... se heating ....................... do ....

ustrial and commerciaL .......... do .... Rev en ue from sales to consumers, total

t!Jous. of doL. estic ............................ do .... Dom

Hot Ind

1se heating_ ...................... do .... ustrial and commercial. .......... do .... 1 gRs: mers, totaL ................ thousands .. cstic ............................ do ....

ustrial and commercial. .......... do .... to consumers, total. ...... mil. of cu. ft .. nestic _________ . __________________ do ____

..

-------·· ---- -----------------------

---- ...

---- ...

---------------

---------

--------------------------

Natura Custo

Dom Ind

Sales llor Ind

Revc I., coml., and elec. generation _____ do _____________ nue frmn sales to consumers, total 1

estic.. . . . ...... _t!Jo~~--o~~ol :1::::::::: Dom Ind '!.,com'!., and elec. generation .... do .... , .........

A LCOHOLIC BEVERAGES

d malt liquors: Ferrncnte Product Tax-pai Stocks.

ion ..................... t!Jous. of bbL. d withdrawals .................. do .... ................................ do .... spirits: Distilled

Produ Tax-p Impo Stock

ction ..... _ ... _ ..... thous. of tax gal.. aid withdrawals ................ do ....

rts .... _ ........... tho us. of proof gal.. s .................... tho us. of tax gal..

~tion .......................... do .... aid withdrawals ................ do ....

3,660 3,185 7, 787

I5, 13I 6, 974

630 536, 9I7

12, 658 5, 834

Whisky Produ Tax-p Impo Stock

rts ................ tho us. of proof gal. .1

568 s .................... thous. of tax gaL_ 491,301

I I I I

186 2121 174 171 212 I 168 168 280 I, 016 1, 090 852 800 770 1 899 890 1, 093

918 9251 848 926 850 I 955 970 1, 113

7 12 18 10 6 I 8 7 8 637 550 558 702 634 565 773 826 655 589 490 649 562 408 784 755

972 I, 104 95I 893 871 897 1,423 I, 709 878 I, 022 904 837 682 777 I,342 1, 50I

I

I I I

2,105 2, 0681 2, zs6 1 2' ~~i I

2, 7071 2, 982 3,4841 3, 9471 488 490 588 I 734 827 I, 012 I, I38

625 670 I 92I I 1,1841 1,0761 I, 166 I, 293 1, 358 992 9os I 776 980 897 989 1,179 1, 45I

ELECTRIC POWER AND GAS

I I i

11, 104 11,514 11, 193 11,609 11,485 12,091 12,450 11,977

7, 914 7, 583 6, 645 7,006 7, 270 7, 931 8, 482 8,124 3,190 3, 931 4, 548 4, 603 4, 215 4, 159 3, 968 3, 853

10,258 10, 557 10, 2i7 10,616 10,402 10,937 11,239 !0, 678 846 957 916 992 1, 083 1,154 1, 211 1, 299

9, 495 9, 327 9, 270 9,369 9, 474 9, 610 10,099 10, 057 2, 037 1, 921 I, 856 1, 787 1, 798 1, 769 1, 828 1,890

83 93 124 153 208 261 288 260

1,833 1, 770 1, 758 1, 742 1, 799 I,820 1, 915 1, 926 4, 541 4, 537 4,611 4, 799 4,827 4, 908 5,186 5, 117

I83 174 155 143 130 136 149 165 232 226 221 ~15 215 212 224 222 520 538 482 468 439 444 451 442 66 68 63 62 58 61 58 35

203, 265 197, 365 194,415 193, 2s8 I 195, 746 195, 556 201,936 204,421

10,071 10,052 10,025 10,119 10,134 10,154 10,175 10, 252 9, 351 9, 334 9, 296 9, 383 9, 412 9,442 9, 461 9, 520

257 246 256 263 252 242 244 255 454 460 461 460 458 459 458 458 '

37, 307 35, 873 34,182 32,075 29, 009 I 26,792 25,310 27,892 ' I7, 446 17, 167 I6,09! 15,909 16,995 16, 107 14,780 16, 79I 10,071 8, 522 7, 255 5, 5R4 2, 205 I, 246 937 1, 25I 9, 568 9, 97I 10,646 10,414 9, 669 9, 268 9, 463 9, 701

35, 236 33,728 32, 159 3I, 650 30,250 28, 387 27,075 29,609 21,675 21,182 20,906 2I, 943 22,422 I 21,425 20,265 22,204

6, 718 ·'· 795 4, 518 3,102 I, 621 I 985 802 l, 119 6, 708 6, 615 6, 598 6, 493 6, 122 5, 8931 5, 91! 6,192

I

7,442 7,480 7, 459 7,477 7,443 7, 422 7, 462 7, 524 6,873 6, 902 6, 886 6, 920 6, 912 6, 896 6, 941 6, 997

567 575 571 555 529 524 520 525 158,466 136,886 121,805 108,434 95,843 93,287 95, 559 100,181 63,519 49,721 40,069 30,698 21,403 17,775 16, 141 17,363 93,189 85,604 81,049 76,522 73,187 74,355 77, 741 80,980

59,677 50,136 43, 311 36, 7221 30,517 28,190 27,910 29,104 38, 437 31,239 26,299 21,293 I6, 372 14,093 I3, 118 I3,656 20,938 IS, 609 16,890 15,226 13,957 I 13,897 14, 582 15, 226

FOODSTUFFS AND TOBACCO

5, 4851 5, 5971 3, 477 4, 385 5,124 5, 581 5, 074 4, OOI 3, 238 3, 811 4,187 4,884 1 5,856 5, 320 5, 393 4, 300 8, 000 8, 393 9,127 9, 509 9, 019 9, 324 8, 776 8, 314

12, 125 13,232 13,949 1 13,926 10,658 7, 581 6, 742 16, 70I 7, 928 8, 398 7, 793 7, 522 10,862 7, 634 4, 850 8,I76

623 748 775 866 1, 824 702 504 770 5I4, 490 5I7, 589 522,515 525, 44I 525,395 523, 596 52I, 601 5I9, 017

9,878 IO, 58S 11, 233 11,492 8, I87 . 5, 200 3, 252 6, 762 6, 616 6, 461 5, 773 5, 827 8, 33I I 5, 475 3, 6!7 6, 354

534 645 674 752 1, 570 589 413 66I 470, 5I4 473,278 477,873 480, 599 480,938 479, I89 477,484 476,980

247 1,096 1,136

9 983 944

I, 926 I, 783

4, 254 I, I47 1, 370 1, 737

13, 063 I 9, 404 3,659

11,706 1, 357

10,402 1, 922

180

1, 886 5,447

!89 233 488

58

207, 034

10,273 9, 518

285 459

30,939 17,422 2,868

10,464

31,689 22,788 2,183 6, 597

7, 596 7, 044

55! 109,818 22,192 85, 726

33,296 16, 521 26,541

3, 915 4,194 7, 840

21,487 11,494

I, OR4 518,638

10,303 8, 982

930 476, 298

207 1, 061 1, 131

5 934

1, 037

I, 606 I, 4IO

3, 006 888 88I

1, 238

12, 771 I

8, i37 4,034

11,431 1, 340

!0, 577 2, 093

131

1, 980 5, 369

201 237 504

61

2I4, I6I

10, 245 9, 486

297 453

34, 114 15, 63I

7, 355 10, 9I6

33,I06 21,859 4, 200 6, 912 I 7, 7141 7, 12I

.090 125,664 33, 874 89, 790

41, 144 22,708 I8,168

IS:J ISJ 1.10'1 1.167 I, 06S 1,112

8 7 867 6i7 733 (l7.J

I,no 1, 632 1, 317 1. 581

2,111:1 2, 249 769 888 570 533 s24 I 828

13,456

9,0.'8 4, 398

12,115 1, 34I

10, 8Q5 2, 222

109

2, 034 5, 4-1~

217 2·18 5ii!

f\7

2I9, 913

10,287 9, 514

3Qg 455

38,305 16,028 10,902 11, 121

35,412 21,971

6, 232 7,061

7, 763 7,157

604 146,264 49,268 94,956

51,230 30.621 20,328

I . 13.641

,.9,0fi4 r4, 587

12, 311 '1,:330

~--------

1 ....... .

r-------

I

I:: I:

I

I •••••

-----

1:: 1:::::::: 1····--·

!;:: I ~~~I 7. 325 7. 001 I

3, 863 3,200 7,483

17, 5671 15, 712 13, 173 8, 9.18 1,240 1.3861

518, 358 522, 699

11, 761 1~:~~f I 10,529 1, 096 1, 210 I

475,611 479,102

16,015 6,043

576 530,859

13,532 5,019

510 486,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

Monthly statistics through December 1939, to· gether with explanatory notes and references to the sources of the data, may be found in the 1940 Supplement to the Survey

--- ~------------- -----------~---~-------------··

' 19H I - -- ------ l!HO -

Fehru- Febru- . . Sep-j an- arv :\larch . Apnl C\lay June July : August ! temt [ • ____ ~__ , -------------- : : )er

FOODSTCF.FS A~D TOBACCO--Continued

ALCOHOLIC IIEVERAGES--C'ontinurd

Rcctit1ed spirits and \vines, pro(1uetion, tol·at thous. of proof gal

Whbky________ ---------------- _<[,, __ Indicated. consumption for beverag~:_· ptlfJ)O<'t's:

All spirits ________________ thous. of proof <;aL _ Whisky________________ _ ___ do

St~~~~d~~ti~n- ___________ thous. of wine gaL I Tax-paid withdrowals__ ___ _ ___ do Imports______ ___________ __do Stocks_____ do --!-

Sparkliug wines: Production. ___________________________ do_ 'fax·paid \vithdrawals __________________ do

1~J~~st~~ ~ -_ -_ -- -_ -_ -_-_ -_ -_-_-_-_-_- ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~i~ DAIRY PRODUCTS

.Butter: Consumption, apparent t ________ thotlS. of lh __ i I'rice, wholesale, IJ2-score C:"l". Y.) _dol. per lh _ ,: Production, creamery (f<lctory) t _ thous. of lb __ , Heccipts, 5 markets ________ .. ___________ do __ -- i Stocks, cold storage, creanwry, e~g0~{s~~?U!~ _ 1

Cheese: I Consumption, apparentt--- ___________ r!o ____ l Imports§ _____________________ ------ do ....

1 Price, wholesale, :-<o. 1 .~mer. (X. Y.) 1 dol. per lb __ ,

Production, total (factory)t . ___ tlHHI'. of lb .. I An~erican whole milkt------ ---- --- .d(~ ---1

HecCJpts, .5 markets ____________ ... - do _ Stocks, col(l storage, end of nwnth. ____ dr> !

American whole milk_____ __ d~)

Condense' I and evaporated milk: Exports.§

Condensed (sweetened) _________ do ___ : Evaporated (uns"eetened) ________ do

Prices, whole3"le (:--1. Y.): i Condensed (sweetene.1l) ______ dol. 1)er case_ -I Evaporated (unsweetene•l) ___________ .do ---1

Production, Cflse goods:t , Con<lensed (sweetened)-.----- thous. oflb .. l Evaporated (unsweetened) _________ .. do--_.

Stocks, manufactnrers', case goods, end of month:

Conrlensed (sweetened). ___ . __ thous. of lb--, Eyaporated (unsweetened)___ .. do ____ )

Fluid milk: ' ronsumption in oleomargarine____ do __ , Price, dealers', stnndnrrl ~:rade_d'ol. per 100 lb __ 1

Production (:\Iinnea polis and St. P<lllll thous. oflb __

Receipts:

:;,:)>;1) :?,t;;):)

\1, lHi !--;,lOr;

107

I H. X~1 .:n

]I), .120

.~li. S2."'t :!, 2DO

. ]{ 411, lllO ;);), ti\):'"1 10,89-!

119, fJ\10 10'!.012

1. 2:1:-j "/. 11~

;i.OO 3. 20

\), 511 Hl/,U-HI

7. '[i-! rtn. ,;:z-1

2. 2!)

:li), 218

Boston _ _ _. ________ . __ thous. of qt. 18, i54 Greater Kew York _____ ~ _____________ do ____ -~

Powdered milk:

~;J;~{,~1iorl __ -_-_ ~:: ~: ~:::: :~::::: tho_~~~--~~1~:-Rtocks, mfrs., end of month ____________ do

FRUITS AND VEGETABLES

Aif.,~J;,ction (crop estimate), ____ thous. of btL. Shipments, carlot __ ----· ____ .no. of carloads __ Stocks, cold storage, end of month

thous. of bu __ Citrus fruits, carlot shipments __ no. of carloads .. Onions, carlot shipments _________________ do ___ _

PJl~i~:~;;~V~~;;e (N. Y.) ..... doL per 100 lb.-

1, i/0 :?.i, ;~()-! :55, S51i

4, 284

lll.ooo J.o. flO-! l, 569

1. 5:31

:;, 402 2. s:w

n, ·"su s, UUJ

2, (\(j(i

5, :l\J:J 2:;3

121, S76

IS 11 :!-!

son 1

r ()1~, ViO

:J'i:J 2, 501

5. ()I) :l.!IJ

3, :J(Il 170, -!5G

.t, ;1'/U

150, -t.So I 5~73~

3S, -!-II

18.;"")/H) Illi, 51o

-!5S 27, 401) :!i:, O~f_i

4, 912

14,493 14, 334

1, 814

I. 875

3, 4.'0 ~. 669 i

10,.113 s, Go:J

1. ~n2 6, :J:l2 .

2"11 i llfi, :l42

16 l7 :!()

5:_{8

147. li(\1 . ~\-}

J3s. 3oo 5-l. t!VO

~. b"/5

til, :2!1 ;), li<J~

.\f_i

f"lli, ouo ·lll. 71Jll 11. 5"27 ; !, ~n-; 1)1. t1lO

.~. 0\) 3. lU

:;, 171 lUU, (i:)l

:), ~t) .....

173, 3/S

5. 01--1: 2. :z.~

-!:!, 1)3S

zn. ;~ou 12:?, f),~;)

GW :31. (1.12 :.?\.1, :?~1

4, 639

s, 638 14.9t\O

2, 224

I. 981

3, 721 2, 76·!

10, ISO I

o, 13G

1, ~:ll f), IJ/1

:25'2 l\0, 706

lAO, o;:J . :? . ..;

1.~0. /30 0"2, };-o,j

~. 504

1ft\, 2()1 -i, 073

.L-1 tin. o.~o ,)(J, :?()() 11. ;:;; ~~. 701\ !i.j, 1/:i

:~ti I 3 .. ~/:-)

5.\10 ~-L 01)

3, 1'11) :?3U, ;)7\)

-1.111-1 :!07, 7 tO

-!l, I J:)

lU. !101 1:20. \lU;)

XLi :::7, 5/l/ :):3, :172

I ------1 3, ,j(j:_? I 3, GOU

15, 511 1, Gil

I

3, 466 2, 694

u, 720 b, 221

!· zt~ {), ~~-

306 105. ~HO

174, R7:l • :1~

190, ~75 Gs, 405

):o):..!, };)~

·1. 07:2

.]fl H7, 1110 ti7, UV:l l..!,;){J/ ~~. ;");-J,)

7:~. or~~;

411 ~{. li3ij

.1.00 3. OIJ

-!./.Ill L/!3. ;)iii

G."'il.') :?.'-!/, 77S

4,/HH :2.1'""

.[;,, l Ill

:20. \In:? 1:2~. :?1~

l.OO:J "13. S.'i:? :l5, o4:l

I, 614 I

1, 135 13, 34t)

2, 432

2. 131

;,, 239 ·l,ns

1-l.mn 12, c:l7

2, 019 10, -l'..?V

(jl),)

93, 2.!.5

83 :H

!Ill !i!i()

1 !9, 5,;9 . 27

215, :no li, 919

l\,005

tiD, nsn :l, 31::J

,}fj

11:l, :lliO ·:.t, 7UIJ :5, IJ().j

Ill. ;{tl2 ~Hi, 11:)

1.1\ll 4, .)51)

5. ()I)

3.05

1), J(jt)

:?\ 5, 7:1\

10, :?2l 2~S. 51j;)

:J. 'ill 2.1,

43,4711

20. :l711 1:2!), -!7ti

1. 04K 4G, f).j(i

W,·Jl:?

577

0 12, 321l

!, 636

2. 194 i

4,3n :;, 445

10,142 ' o, 34o I

i 3, 303 1 3, as:; I

1~()

91, 237 I

28 II

IS

fi~~ I !

U1, ~)~~ Io3 sao 'i3:H9

123,628

62, 410 I. 7cl1J

. 17 ~--1:, ;,(J(J

tli, 770 15, :2/li

13H, IH9 115, U\)2

-1. r,sg 1.5, OliS

;,, 00 3.10

fl, 7!1 200, 5UO

10, 154 321.332

1. 2fl-f 2. I~

34, 931

21, 50.5 UG, 15S

1, 213 35, S.l\1 42, ::105

2, 389 I, 630

6, 413 5, 003

22,108 -1, i30

102 93,969

34 20 18

680

15~l. 223 . 28

16-1,030 58, 512

13!, 266

ll4, 059 1, 377

.17 i:l, 000 .:11, n::;o 13 •)-·)

Hs: 1·73 1~". 000

:J, :JilS 52, U64

5.00 3.10

ll, o~s 200. mn

9, 728 :JJ\1, ·133

4, 170 2. IS

29,883

21,:381 12:J, 50()

1. 4Gl :30,291 4tJ, G21

4, 182 3, 501

10,350 9, 060

100.105 6, 435

136 132, 148

50 52 32

678

150, 219 . 2\J

144,205 55. 754

128,087

05,007 I, 531

. 17 HL~OO 50, U/.1 1-l, 7X(i

149,3W 127,20:2

3 ·o·' w:~17

5.00 3. 10

6, ()08 196, 250

?, -5811 3SO, 5.t5

5, l\H 2.11>

27, 1S8

20,341 120, ;)76

79{) 25, 535 45, 252

573 721 4, 251

8, 890 7, 854 2, 30i

0 10, 052

1, 032

I. 710

0 10,150 1,195

I. 58! I. 675

.\pril HH1

1941

1 October N ovem·i' l >eeem-ber ber

Janu· ary

6, 114 5, 356

14, 525 13, 074

10.5,64; 8. ih1

251 170, 183

.54 84 54

643

158, 235 . 30

135, 43.5 53, 3i7

105, 106

67, 85(\ ~- 0\:13

. 17 GO. 300 46, o.so I 7, 501

l-13,1):J;J 123, 953

,), 387 4, 57:2

5. 00 3.10

7, 841 17'2, 036

!J, 11.~ 358, 2:24

R. 5-l5 2. 20

27, 925

:20,9:28 126, fill

1. 9GG 2C, 91::: 41, 032

9, 8G2

31, 364 11, 664 2, 938

I. 445

6, 7-Hl 5, 856

16.856 15, 2:Jl

35,602 10, 273

216 17'2, 258

73 125

36 .589

152, 949 . :J3

115, 720 45, 5t;O

67, 598

.)7, 011 2. 261

. 18 4~, 1)00 35.520 l-1,648

1:30, ,)7.,1 llS, .j!!i

4, 31i G,03-1

5.00 3.10

6, 16G 133, 590

I s . .s4a I

~2(), 2tHi

5, 5!.5 2. 21

28, 78-1

20,397 125, 2-!2

4, 390 22,819 36, :l:l7

5, 906

34,086 13, ·ll9 1, 753

I. 350

4. 553 :un ;1. 755 i 2, ;)33

12. 2~;3 I ,:;, l),jt)

10.894 i i. OGS

10, 147 2. OS~ w. :n:~ li. liS2

2fi7 l20 Hl3. 77 4 1.~7. 724

WJ li2 !G2 39

4!i 10 tfl2 !'il2

L'iO, 747 .:::.1

124. ii40 49. n.~v

41.497

,)ti, 233 2, 0/:J

. 19 41i. ;.no :n.n3.) 12,913

12~. tlH9 112. 237

3, 294 4. 434

:i.OO 3. 20

n. Hio \.i0.040

~. 047 187. r~.1:z

o. 03:; 2. 24

l-IS. 007 . 31

l:Jii, 410 .ltl, .):~2

r 29, 715

.17, 2()1 I, 922

.18 '•0. 100 ;jl), :J,\0 11. 8\1!

12.1,308 109,S20

3, fi37 4. 1G2

.\. 00 3. 20

0, HHS 171.609

7. ~10 l'S\l, 2-!:t)

t), 227 :?. 2tl

20. 2.):", 20, 3i:~ 127. 7~2 l:ZS. 272

1.9Gl 1,390 2,1, 4-19 r 2t), :1/5 34,175 '3:J. :).11

t 115,45() 4, 32:3

28,G.56 16,591

1, :Jil4

1. 420 Production (crop estimate) _____ thous. of btL. Shipments, carlot .. ________ .. no. of carloads.- li. Hit) , . , r ,: '" 1 2. 095

! --IS:798 I

21, Sin ~- 2?:iso-l 14, 41i ------ -------·- -- ------ --------- 1397,122 7, 799 12,492 17, 91i 12,508 11, 491)

GRAINS AND GRAIN PRODUCTS

Exports, principal grains, incl. flour and meal§ thous. of htL _

Barley: Exports, including malt§ ______________ .do ___ _ Prices, wholesale (Minneapolis):

No.2, malting .. ____________ ... dol. per bu __ l P~3ti~ii~~-a(~;~;;;:,;ti·,;,;;tei -_-_-_-_-_tilotis: ~1°tu :: __ Receipts, principal markets ___ --.----- .do __ .-~ Stocks, commcrcml, end of mo .. ______ .do __ __

('~: I E'ports, including meal§ _______________ do ____ i Grmdmgs ______ --------- ______________ .do_---, Prices, wholC'sak: i

:-so. 3, yellow (Chicago)t ______ doL per bu __ ,1

·

No.3, white (ChlCago) _______________ do __ __ \Veighted average, 5 markets, all grades I

dol. per bu.- i

r Revised.

3, 27U

!Gti

,cJI] . 51

.15~ 2 6. 4S7

.ll2

. 66

. ;)~

w, 20-1 I 9, 324

358 229

. 57 i

. 54 . 56 . 53

5, 6-t.) i 5, 059 !(), 079 I 1:), 943

i i 5. ti36

185

. :08

. 56

5, 9!0 10, ss:; 1

5, 796 1, 867 1, 4tl7 7, 076 (i, 874 7, 042

.. ~8 .58 1 .03

.116 .66 .74

.58• .58 .134

3, R25

. .17 • .j:)

5, Ofl7 S, S09

I, 261 7, G07

. 69 (3)

. tiS

I I I n. 289 i 10, 13/3

zo6 I 218

: ~~ : !g ! -- ------- __ I

::,847 ti, 956

·) s-o 5:598

'• 139 G. 701 b, 31JO 5, 9-10

. 66 ' . 65

6, 630 5, 789

22s I 74

: :~ 1-----~~~-10, 254 11, Oi4 14, 1551 8, 40()

3, 357 I 2, 372 6,324! 6,674

. 66 (3)

. 66

. 65 (')

. 64

10,141

122

. 48

. 45

6, 628 11, 371

5, 512 7, 533

. 64

. 69

. 63

5, 210

104

. 52

. 50

7, 117 9, 682

950 6, 385

. (if)

. 69

. 63

2, ;\19

173

. 52

. 51 309,z:l5

7. ~77 9. GIO

. fl2 ,;•

. "'

. 58

lWl

.. 54

. 53

6. 49r, 8, 19.1

'j~l)

2 i, 294

. 59

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<plement, see table 20, p. 18, of the April1940 Survey. tData for 1939 revised. See note marked "t", p. 42 of the January 1941 survey, §Data for 1939 revised; for exports, see table 14, p. 17, and for imports, table 15, p. 18, of this i"ue.

April 1!1-11 SOHYEY OF CUlUUDNT BUSINESS 43 - -

Monthly statistics through Decem be; J-939, to- : Hl41 I - -· . -- 1940 I 1941 gether with explanatory notes and references,'____ , ·--,.-, ----,,---------;----,------,---,----to the sources of the data, may be found in the Fcbru- Febru-

1

, :\hrch i. April : l\Iay 1 June I July I August I Sep- I Oct be I Kovem-1 Decem-! Janu-1940 Supplement to the Survey , ary ary ' 1 I tember 0

r ber I her 1 ary

.FOODSTCFFS AND 'l'OBACCO-Continued ---------------------------

GRAINS AND GRAIN PROHUCTS-Con. i I

I

I Corn-Continued. i

1-)roduction (crop estirrulte) _____ thous. ofbu __ / ___ --·-- 1 __ I R .. cccipts, principal markets _____________ uo ..... l1~. H?2 "i:J; i2u-ll 1!, 996 ,

1·

:::;lupmcnts, prmcipal rnarkets __________ do____ 1,0Jl 7, 777 5,9!)5 11, iiJO I' g, 633

--· ---- i ---- ...... ,-13, 1161 23, 411 I 17,31(\ H.:l39 I 24, OJG I 25, 419

22, 464 J;i, 126 26, 354

19, z:Ji-'1

,

12,385

28, 1191

I, I , 122 4-19 :200 ·2s:s9zl--:i7;6ti9- 2i:6o8 '2o,ho --1G,4:J3 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

1

39,704 I 34, 142 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 ~ ~ ~ ~ Price, wholesale, No.3, white (Chicago) 1

1

dol. per btL_, . 37 431 431 Production (crop cstimate) ______ thuus. of bu .. [____ ---

4-.-

9:

2 .. '1-.,- ---4-,-~,5- 1--I_l."ccipts, prineipal markets ____________ uo ____ i 3,~;;g

R~~~cks, com1uercml, end of month ____ ... do ____ i 4, ,4,1 7, 8G7

1

1 7 . .1:19

Exports§ ____________________ pockets (100 lb.). -I 42~. 116 316, 774 292, 2i8

~~~~~~r~h-t:Jesa~e~-t1eact:-ciea-n-(New-oric~~s5--l i,u:):J 23

'036

' 40

'905

dol.perlb.. .tHO .O:l9/ .039 Production (crop estimate) ____ .thous. of bu._ .. .. ___

9

_

8

_

2

__ ,_ Southern t3tates (La., 'rex., Ark., and Tenn.):

Receipts, rough, at mills thous. of bbl. (162lb.)__ 76a

Shipments from mill.:3, milled rice thous. of pockets (100 lb.).._ 1,1:l4

t)tocks, domestic, rough and cle<med (in 1,108 1, 041

9ti7

term:::; of cleaned rice), end of month

I

.43 ! 4.- 1i'S I G, 204

.4\ 1 • 35 I

- 1----3,026 I, \Jl2 4, 619 3, 130

287,517 289, 5(i2 294,632 27, 572 .5!), SGO 4:3, 3571

. --- ~ 0~~ -,--- . ~ 0~8 -I----. 03~ -I 919 I s4-1 366

1,080 1, 135 954

. 32 I

~: ~~~ 246, 135 22, 711

. 039

283

748

. 30 .m .M .~ -~ 2J 23.0 fi2S

-t3:2S7- -~~7.075- ---4;238- ---4.-031- 's,~h7 8,3\15 9,141 7,093 6,688 6,592

190,209 .52, 240

. 040

280

772

217, 498 245, 881 18, 406 21, 221

----: ~3~-'--- -~ ~~3 -I

1. ~:: :: ::: I

347,580 23,675

. 034

2, 379

I, 413

358, 185 lti, 228

.1)35 2 52, 75:1:

1, 51\J

1, :371

tlwus. of pockets (lou lb.) :l, 6\19 California:

3,017 2,994 2.890 2,ti32 2,081 1.517 1,170 1,183 2,fi57 3,746 4,012

Heceipts, domestic, rough ___ bags (100 lb.) .Shipment from mills, milled rice ______ do_ 6toeks, rough and cleaned (in terms or

dodneu rice), en<l of mo_ .. bags (100 lb.) __ Rye:

Exports, including flour _______ thous. of btL_ Price, wlh,lesale, No.2 (:\Ip!s.) __ dol. per bu ... Production (crop estimate) ___ .. thous. of tm Heceipts, principalmarkets ____________ do Htocks, commercial, end of month _____ .. do

Wheat: Disappearance _________ --·-- _____ ... _____ do Exports:§

\Vheat, including ilour _______________ do ___ _ Wl1eat only. _______________________ do ___ _

Prices, wholesale: K o. 1, Dark Northern Spring (Minneapolis)

uo). per bu __ No.2, Red Winter (St. J,ouis) _______ do ___ _ No.2, Hard Winter (K. C.). _______ do ___ _ Weighted av., 6 markets, all grades ... uo ...

Production (crop est.), totaL ___ tbous. of bu __ Spring wheat... ______________________ do_._. \\'inter wheat.. ___ .... _________________ do __ _

Shipments, principal rnarkets __________ do Stocks, end of month:

Canada (Canadian wbeat) ___________ do ___ _ United States, totaL ________________ uo ___ _

CommerciaL _______________________ do. __ _ Country rnills and elevators ________ tlo ___ _ Merchant mills. ___ .. ______________ do __ _ On farms ___________________________ do ___ _

Wheat Uour: Disappearance (Russell-Pearsall)

thous. of bbL. Exports§ ______________ .. _____ . ______ ... do. __ _ Grindings of wbeat _____________ thous. of bu ... Prices, whole3ale:

Standard patents (Mpls.) _____ dol. per bbl. Winter, straight (Kansas City) ______ do ___ _

Production: Flour, actual (Census) _______ thous. of bbL.

Operations, percent of capacity __________ _ Flour (Russell-Pearsall) ______ thous. of bbL. Off<ll (Census) _________________ thous. of lb __

Stocks, total, end of month (Russeil·Pearsall) thous. of bbL.

Held by mills (Census) ______________ do ___ _

LIVESTOCK

Cattle and calves: Receipts, r,rinl'ipal markets. thons. of anim,ls .. Disposition:

Loea1 .slaughter ______________________ do ___ _ Shipments. totaL ____________________ do ___ _

Stocker and feeder .. _______________ do ___ _ Prices, wholesale (Chicago):

Beef steers __________ ... ____ ... dol. per 100 lb ... Steers, corn fed _____________________ do ___ _ Calves, vealers ___ ...... ______________ do ... __

Hogs: Receipts, prinrlpal mark~ts_ thous. of animals. Disposition:

Local slaughter _______________________ do .... Shipme.nts, totaL ____________________ do ___ _

Stoc:ker anti feeder ___ -- .. ___________ do __ --1 Prices:

Wholesale, heavy (Chi.) .... doL per 100 lb __ l llog-corn rntw

bu. of corn per rwt. of live hogs I

• Revised. ' Less than 500 bushels. ' December 1 estimate.

3"12, 6:3.5 226, U43

378.074

(1) .. 50

3:l7 5, -!G:J

2, 484 56

. 8;j

.8fl

. 78

. 81

8, 085

442,408

152, 598

517 36, 575

4. 54 :J. 58

8. 063 60.3

8,505 630,124

I, 313

828 475 220

11.27 12.55 12.50

2, 513

1, 817 69G

48

7. 60

12.8

§Data for 1~39 revised; see table 14, p. 17 of this issue.

154,9-10 29:l, Sf19 328, /69 3~7. 5:39 2:ll, S79 319, !liS 473,827 488,847 37fJ, 62·1 203,870 91,480 g7, OOJ Hl, 74·1 107, U1Ji lVfi, Jtl-1 H8, 3\JO 160, ~79 370,380 126,543 lti7, 27ti

28\.l, ()27 211, 14Y

437, 830

7\J . 07

1, -~:;,,s 10,1~0

''· 816 1,400

1.04 l.OG .99

1.01

7, 403

292,090

110, 761

8, 233 .OOR

36,400

.5. 06 4. 73

8, 025 56.4

8, 441 630,066

5, 700

1, 247

810 433 163

9.08 10.53 10.47

2, 922

2, 074 841

43

4. 93

9.1

445,605

272 I . f7

1. "78 10. J:Js

173,0(>81

6, 728 3, 70·1

I. 04 l.OG 1.02 1.01

8, 059

ns 391 437: gf)g 105, 401 80,817 91, '2GG

!57, 484

8, 338 643

37,812

5. 70 4. 79

8, 320 54. 1

8, 581 057, 156

5, 300 3, 998

455, 11:l

91) .70

1,4-\8 10,048

3, 837 I, 833

1.08 1.11 1.06 1.06

9, 4.59

280, G25

105, 595

8, 227 427

37, 632

5. 77 4. 86

112 . 59

l. 324 9, 912

2, 239 227

1.01 1.04

. 95

. 97

18, 525

258,939

97, GiO

,5, 77H 428

38, G94

.\. 32 4. 55

s. 269 8, 514 .5:J. 7 55. 2

8, 4M 9, 603 656, 277 673, 013

1, 359

'·'oor , ,oo

[ 1, .5[4 ' I, 5761

93fi II 63\ 825 516 215

9. 31 11.31 10. G9

2, 710

I, 964 749 49

4. 94

8. i

074 .oGS 244

9. 4/) 11.22 9. 93

2, 59.5

!,SuS 71~ 43

5.46 I

8.4 :

263

&~~I' 2, 674

2-~~~ I 5. 66 I 8. 4 :

s5s, s~s 1 367, 777

1 I 1 . 45 . 44

695 ~87 9, 506 9, 037

152, 547

1, s:15 6:32

• 82 . 87 . 76 . 78

3, 685 1, 876

. 79

. 76

. 71

.72

29,319

473, 4S1

(1) . 41

I, 732 9,142

2, 976 934

400, 797

239 .44

1, 520 8, 520

220, 504

3,04-1 988

. 74 . 82

. 77 .83

. 69 . 76

. 73 . 78

21, 442 17, 925

491, 976

2 . 48

I, 467 8, 112

4, 431 1 1, 293

. 88

. 90

. 82

.85

15, 284 12, 780

207, 131 297,512 87,:327 3:l, /:lO 90, gl).j

f\5, !J21

255, 175 272, 360

160, !50 180,052

352, 982 409, 356

~~~: ;~~ -i76, 390

5, 7MJ 256

35, 079

4. 64 4. 19

9, 443 385

38,921

4. 48 3. 84

7,_ fiR~ 8, 501 ;)], , 55. 1

7, ~72 9, 528 614,992 681, S23

"· 500 I ·'· 200 4,19:J ---------

1, 462 1, 737

858 991 594 723 216 307

9. 69 10.44 10.33 11.02

9. 59 9. 85

2, 650 2, 259

I, 927 1, 598 718 619 33 33

5. 04 5. 99

7. 6 9. 2

8, 902 43.\

40, 474

4. 17 3. 71

8, 881 55. 6

9, 587 705, 137

5, 450

1, 785

939 833 401

11.00 II. 33 10.41

2,177

1, 497 677 37 '

6. 231 I

9.2 I

188, GIS 133,319 359, 746

9, 377 4~7

42, 268

4. 34 3. 88

9, 288 6.5. 5

10, 264 735, 441

5, 900 4, 601

2,175

I, 033 1,083

GO:J

II. 50 11.47 11. 53

2, 302

I, 692 GO!

3(1

6. f.9

9. 9

9, 117 668

45, 319

4. 62 4. 01

9, 960 62.6

9, 535 785, 828

5, 750

2, 427

l, 110 1, 324

808

11.87 12.09 10.97

3,113

2, 371 730

42

6.41

9. 8 I

4:!9, 129

(1) . 50

1,078 7, 5.58

380, 200

. 50 2 40,601

713 6,040

152, Til)

4, ou9 I 2 2ou 549 • 301

. 89

. \)2

. 85

. 87

16, 210

415, 340

165, ,)87

0, 889 749

39,707

4. 66 4. 24

8, 737 50.1

10,713 687, 760

5, 825

1, 86S

977 892 496

12.06 12.21 10.50

3, 595

2,682 905 47

6. 241 9. 9 I

. 88

.91

.83

.85 2816,698 2227,547 '589, 151

9, 1)52

~~g- i~~ 169: 77() 165,167 105 303 283:882

9,022 40,)

37,078

4. 52 4.16

8,166 55. t)

9,495 630,300

5, 700 -- 4, 409

I, 604

\:176 624 290

11.85 12. G1 10. 58

3, 787

2, 823 960

40

6. 42

10. :J

. 38

3, 54:J 5, Gti-1

350,908 8, ·121

.o:m

I, 287

I, 4:ll

3, 964

21H, 783 81,855

4:31,886

(1) • 53

609 6, 223

1, 864 46

.90

. 92

. 85

.88

10,025

445, 153

161,088

9,061 387

40,000

4. 70 4.09

8, 818 58.0

9, 248 GOO, 728

5, 500

I, liOO

964 623 266

11.90 13.08 11.94

3, 039

2,148 881

58

7. 69

13.0

44 SURVEY OF CURRENT' BUSINESS .. \pril l!Hl

1940 1941 Monthly statistics through December 1939, to-,1941 I gether with explanatory notes and references --- 1 1 ' I to the sources of the data, may be found in the Fcbru- Febru-~l\farch 1 Aprl·l 1 'fay 1 June

1

: 1 I , I Sep- I' 0 Novem-IDI'C'L'm-1940 S 1 t to th S - 1 " Ju Y , .-..ugust I tember ctober ber

1

ber upp emen e urvey ary ary , 1 _____ , __ 1 1 -~----~----~---·

.hum­ary

FOODSTUFFS AND TOBACCO-Continued ---------------~---~--~--~------------,---,----,---~--,--~----

1 I LIVESTOCK-Continued

Sheep and lambs: Receipts, principal markcts .. thous. of animals. 1, 416 Disposition:

Local slaughter _____________________ .do____ 850 Shipments, totaL ____________________ do____ 5()8

Stocker and feeder ________________ do____ 128 Prices wholesale (Chicago):

Ewes .. _____________________ doL per !OO!b.... 5.G:l Lambs _______________________________ do____ 10.09

MEATS Total meats:

Consumption, apparent_ __________ miL of lb._ Exports§ _________ ....... _________________ do ___ _ Production (inspected slaughter) ______ do ___ _ Stocks, cold storage, end of month ____ do ___ _

Miscellaneous meats____ _ ________ .do ___ _ Beef and veal:

1. 071 21

l,l:l\1 I, 309

89

Consumption, apparent_ ________ thous. of lb .. 428,542 Exports§_---------------------------- do____ I,Oi9 PrirP, wholesale, beef, fresh, native steers

(Chicago) __________________ doL per lb .. Production (inspected slaughter) .thous. of! b._ Stocks, beef, cold storage, end of mo ____ do ___ _

Lamb and mutton: Consumption, apparent___ _ ______ do ___ _ Production !inspected slaughter) _______ do ___ _ Stocks, cold storage, end of month. __ .. do .....

Pork (including lard): Consumption, apparent_ _______________ do ___ _ Exports, totaL------------- ____________ do ___ _

Lard __ ----------- ____________________ do ____ 1 Pnces, wholesale:

Hams, smoked (Chicago) _______ dol. per lb __ Lard, in tiercf's:

Prime, contract (N.Y.) __________ .. do ___ _ Refined (Chicago) _____________ ---- _do.---

.180 410, S21 99, OUi

fH, 02\~ GO, 8110 4, 410

5S1, 555 11. f10a 14, s:lo

. 218

.Oii2

. 075 Production (inspected slaughter), total

tho us. of lb._ GliG. !J.\li Lardf ________________________________ do.___ IIi. 714

Stocks, cold storage, end of month._-- .. do ____

1

1,116,227 Fresh and cured .. ____________________ do ____ 790,3S.I Lard, ________________________________ do.___ 325. H42

POULTRY AND EGGS I Poultry: I

Receipts, 5 markets _____________ thous. oflb__ 19, lf>!J Stocks, cold storage, end ofmonth _____ do ____ 1G:l,:H7

Eggs: Receipts, 5 markets ____ . ____ thous. of cases. 1,110 Stocks, cold storage, end of month:

Shell_________________ __thous. of cases_ 2!l8 Frozen ________________________ thous. of lb__ 4.\, 120

TROPICAL PRODUCTS I Cocoa: Imports§ ________________________ .long tons Price, spot, Accra (N.Y.) ______ dol. per lb

--1 27,615 . 050

Coffee: Cle-arances from Brazil, totaL_thous. of bags __

To United States____ _ _______ do ___ _ Imports into United States§ ____________ do. __ _ Price, wholesale, Rio No.7 (N.Y.)

dol. per lb __ Visible supply:

United States _______________ thous. of bags __ Sugar:

Ra'v sugar: Cuban stocks, end of month

thous. of Spanish tons .. Unitc.d States:

Meltings, 8 ports. ____________ _long tons __ Price, wholesale, 96° centrifugal (N.Y.)

dol. per lb. Receipt!': From Hawaii and Puerto Rico [

long tons __ Imports, total~§-------------------- do.---~

From Cubat. ____________________ do ___ _ From Philippine Islandst. _______ do. __ _

Stocks at refineries, end of month. _do ___ _ Refined sugar (United States):

Exports ______________________________ do. __ _ Price, retail, gran. (N.Y.) _____ dol. per lb .. Price. wholesale, gran. (N. Y .) _______ do Receipts:

From Hawaii and Puerto Rico .. long tons __

Im/r~';.s·d~~~L:::::::::·:::::::::::~~:::: From Philippine Islandst_ .. ________ do ___ _

Tea, imports ______________________ thous. oflb ...

• Revised.

1, ~~~ 9/;)

2,21)()

. 057

1, GOO

1, 258

323,430

.030

95, 057 276,810 W4,U!U 101\, 3!Ji 2'Jfl,i96

993 .050 .014

22, 7:)7 n.:Jnl 211. 251 2. S57 8, 863

1, 424

863 559 84

5. 09 8. til)

1, 054 61

1, 214 1,093

107

424, 129 1, 767

.150 41.1, 207 i4, i08

56,124 56,281

I, 488

57:3, 245 52,815 25, 133

.173

. 067

. 072

742,054 140,979 907, 2(!3 650,653 25f·, 6·40

22,671 144, 759

1, Oli

81 38, OiO

30.917 . 0538

1. 384 668

1. 228

. 056

944

, 1, 258

289,291

. 029

117, 576 208,959 121,604 71, 107

445, 039

13,631 . 051 • 044

25,879 24, 4fi2 22, 275 2,176 8, 853

1, 440

824 620 89

5. 53 9. 64

1, 132 30

1,1G5 I, 100

101

425, 409 1, 325

. 159 419,498

72, 560

54,871 54, G77

4, 257

651, 337 25,356 20,654

.168

.Ofl:J

. 070

fl90, 347 \30, 199 921,510 652, 733 268, 777

22, 0[)4 115, 442

1, 734 I

8.\4 I 44, W9 ,

14,865 . 0556

1,162 71 i

1, 443 I . 056 !

1, 053

2, 226

333, 186

. 028

129, SiS 211, 02i 157, 045 49,971

501, 547

15,132 . 051 . 044

28,710 35, 073 ' 31,278 :

3, 794 I 8, 056

1, 876

I, 046 828 156

5.10 9. 6i

I, 107 28

1,133 1, 031

87

467, 534 1, 491

.166 4.13, 508 62,020

57, 305 56, 657

3, 580

642, 696 23,806 18,849

.168

• 0116 . 072

6'''' 544 113:315 878,008 611. \!56 2fl6, 052

l'J, 889 86, 226

2, 238

:l, :l41 7g,4M

11, SSG . 0600

926 539

I, 274

. 055

895

2, 501

339, 755

. 028

156, !55 207, 784 143, 329

GO, 535 500,912

19,001 . 051 . 044

211, 245 53, 878 4.1, 689 8, liS 8, 630

2, 002

1, 077 917 !69

4.16 9. 63

I, 200 21

1, 200 1, 0~~

484, 143 1, 366

.170 467, 179

53, 193

5fl, 647 56, 507

3, 463

659, 459 18,1164 14,889

. !71

. 000

. 070

6i5, 942 121, 95tl gif>, 512 592, 575 283, 93i

26,042 76, 904

2, 3G'J

.1, 980 123, i93

20, 119 . 0553

1, 342 944

l, 339

. 053

I, 018

2, 200

351,629

. 028

148,904 222, 532 129, 006 93, 447

5.57, 928

18, 392 . 050 . 044

29, 115 45,750 38,471

7, 261 4, 921

I, G87

915 779 132

3. 84 10.16

1, J.l4 19

I, 17i 1, 0134

79

441, lli3 1,323

. 165 429,851

45, 972

52,427 52, 245 3, 254

650, 21)7 15,826 12, 697

. 173

. OfiO

. 065

61!4, 535 1:!1, 511 905,296 5\18, 522 30(), 774

~·s, 212 1'2, 331)

1,682

7, .11:1 120, 31)()

22, 28~ . 0495

701l 571

1, 226

. 053

997

:?, 021

331;, 579

.027

6'-,831 23:!, 048 J4f,, 833

71•, 824 55;·, 564

3f, 6311 . 050 . 044

13, 755 37,488 35, 273 2,187 6, 510

1, 894

972 921 214

3. 45 9.14

1, 152 35

1,122 974

i7

479,493 I, Oi6

. 176 4il. 496 42,004

54,886 55,019

3, 342

617,900 31, 4i2 28,239

. 175

.004

. 0()9

595, 749 103,983 851,896 548, (;88 303, 208

2fi, 892 82,415 i

], 274 '

7, 7S4 154, 'J47

41, 185 . 0466

733 6011

1, 393

. 053

992

1, 776

380, 198

. 027

100,932 221.696 !55, 545 66, 140

487, 637

2, 034 . 050 -044

3, 991 40, 1291' 32,048 8, 056 7, 316 I

2, 0681 2, 523 2, 737 1, 7761

8761 954 1, 085 9081 1, 188 I, 530 I, 669 883

383 610 890 320

3. '·O I I v 3. 83 4. 01 4. 03 I

8. 75 8. 54 8. 88 8. 88

1, 228 17

1, 068 i96

67

480, 723 1,403

.183 469,808

35, 6fi3

57, 579 57, 457

3, 192

6811, 594 14, 158 10,181

.178

. 055

. 066

1,167 16

1, 051 662

58

456.800 I, 280

.192 452, ,0!5

36, 303

57,848 58, lOS

3, 411

651, 872 13,854 9, 956

.183

. 055

. Oil

I

I, 3651 17

1, 349

6~~ I

524, 736 I, 508

.186 532, 165 48, 245

69,165 69,618 3,817

'iii, 486 14. 033 10,198

.183

. 052

. 068

1. 2~~ 1

1, 442 i88

66

463, 3i\.o 1,609

. 190 483, 04.5

71,508

58, i05 59, 332 4, 42i

766, 548 1

1:l, 555 1

10,2281

. 183 i

. o53 I

. 069 i

1. f97 1. 721

91 i 99i 1\88 i18 154 148

4.10 5.22 ~~.on 9. i8

1, 200 '], 2.)0 18 IS

1. tl.10 l,J(ij

!U2 ' I

1. 3S6 ' 1' 238

\JS

·t3H, 04S : .. 502, 771 1.11'1 I l.OIJil

.In .W3 4fi9, :26,~ f 49fi, ;><,,)0 lUli, 990 1' 1 OS, 622

0~. 314 I r 70, 327 5D. 02fi , 6~. ~~:)6

5, lHI r 4,()99

702. t172 r677,3tlS Li,034 lo,\Hl 12,302 13. GoG

.b3 .200

. 0.1(1 . 0.57

. OG;;:; . 075

541, 180 90, 525

(189, 854 417,51\4 2i2, 290

540,486 84,310

564, 904 329,214 235,690

747, 045 114, i89 526,878 303,712 223, 166

899, 321 11.021.219 ! iRS, b44

145,38i 1s1,\lli 1 138.836 646, 492 950, 238 1'1,046,817 408. 900 6.16, l G9 j' 739, 927 237, 592 294,069 i' 306.890

32,987 82,178

943

7, 241 145,653

35,396 . 0426

847 650

1,148

. 051

975

1, 650

318, 357

. 027

123,983 198,490 98, 623 99,852

474,426

10,977 . 050 . 043

271 43,668 37,562 6, 023 7, 176

31,087 90,842

799

6, 040 130, 737

24, 1>35 . 0451

804 708 994

. 051

1, 044

1, 568

368, 346

. 027

125,256 143, 034 90,986 52,041

412,105

7, 420 . 050 -043

1,109 35, 298 29,711 '

5, 571 ,1

·

7, 783

44, 248 114,257

727

4, 144 111.815

30, 053 . 0452

1, 050 912

1, 247

. 051

997

1, 473

303, 215

. 028

127, S22 145, 042

73, 155 71,884

315, 501

3, 995 . 050 . 043

1, 406 25,983 24,994

960 9, 030

89,802 159, 110

682

1,9119 91, 2i3

30, 082 . 0489

1, 094 896

I, 386

. 052

I, 099

1, 216

350,401

.029

136, 764 175,548 91,442 79,097

295, 661

6, 305 . 050 -043

1, 654 10,076 6,155 1, 362 9, 364

SS. 00.1 i 27. 933 20'.36'· ,-191.410

73-!

(il-! 73. :)2(\

40. 543 . 0534

I. 306 i 1.149 ' 1, fJ05 I

. 053 :

), 157 l

1,181 i 30,), 978

.029

n~. 252 I 113. 186 !

51, 607 i 45, 955 .

2i7,946 i 2,996 i

.OcO .

. 043

2.0.1-t 904 241 47\J

9, 38.1

I, Oo5

.. 2U7 r 53. 828

33. 795 . 0520

I. 455 1. 214 2. 010

. 0.)3

1. 300

1. 037

30i, 619

. 029

34,554 23G, 098 14S, 938 83. 458

2i6, 034

6. 720 .050 .043

2, 36fi 12. Pitl i, 477 .1. 207

i. '3" 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 I 1940 11941 gether with explanatory notes and references --- , - ---lo the sources of the data, may be found in the FPbru- Febru- •

1

' M h [ A .1 j M I J I J 1 _ I A t I Sep- I 0 t b I Novem-~ Decem- Janu-Jg4o Supplement to the Survey ary ary arc

1 pn

1 ay une u Y ugus 1 tember c 0 er ber ber , ary

FOODSTUFFS AND TOBACCO-Continued

MISCELLANEOUS FOOD PRODUCTS I Candy, sales by manufacturers ___ tbous. of doL_ Fish:

Landings, fresh fish, prin. ports __ thous. oflb __ Salmon, canned, shiprnents ____________ cases __ Stocks, cold storage, 15th of month

thous. oflb __ Gelatin, edible:

Monthly report for 7 companies: Production ___________________________ do __ --1 ~r~~~e~t~:::::::::::::::::::::::::::~~::::

Quarterly _report for 11 companies: I ProdtiCtJOIL__________________ _do __ -j-8tocks ___ -------------------- ___ do __ _

TOBACCO Leaf:

Exports, incl. scrap and stems§ __ tho us. of Jb_ Imports, incl. scrap and stems§ ________ do ___ _ Production (crop estimate) ________ mil. oflb __ Stocks, dealers and manufacturers, total, end

of quarter _____________________ mil. of lb __ Dornestic:

Cigar leaL _________________________ do ___ _ Fire-cured and dark air-cured ______ do ____ _ Flue-cured and light air-cured ______ do .. __ Miscellaneous domestic ____________ do ___ _

Foreign grown: Cigar leaL _______________________ . .do ___ _ Cigarette tobacco __________________ do ____ _

Manufactured products: Consumption (tax-paid withdrawals):

Small cigarettes __________________ millions __ Large cigars ___________________ thousands __ l\Tanufactured tobacco and snuff

thous. of lb __ Exports, cigarettes§ _____________ thousands __ Prices, wholesale (list price, destination):

20, 411 19,338

29, 189 '2~. MR 399,199

71,333

1. H86 I, 5J:l 5, 935

62,622

1, 924 1, 571 6,385

I 18, 216 I 16, 212

25, 298 I 20. 344 198, 8161' 603, 249

45, 592 34, 835

i I, 949 I 2, 029 I, 618 I, 737 6, 716 I 1, oo9

7, 51.) ! ---- ---1 10,287 !---------~

I 15, 9.>3 1 12. 268

26, 6031 35, 583 86, 061 204, 827

33, 756 1 45,473

1,6881 1,587 1, 711 1. 622 6, 985 6, 950

6, 971 10, 362

12. 820 15, 679

,).), 715 51,461 375, 008 880, 148

62,062

1,229 1, 715 6,464

76,479

1,150 I, 674 5, 940

14,930 4, 898

18, 408 32, 550 15,912 5, 790

32, 616 20, 965 15, 533 14, 360 5, 285 5, !59 6, 770 6, 425 7, 780 7, 329

H, 41l5 13, 163 :J8,), 349 375, 824

25, 202 26, 857 .os4, 281 576, 914

3, 329

402 268

2, 519 3

18 119 ------ -- ----

13.021 14.820 I '"· 275 397, 490 425, 140 469, 313

21, 550 1 28, 481 1 29, 924 537, 206 509, 420 803, 312

3, 031

378 --------- ---------227 --------- ---------

2, 2\l~ 1:::::-::: - --- ---19 --------- ---------

112 --------- --------

17, 565 15,913 !5, 840 435, 029 460, 523 48 7, 641

27, 6f>O 29, 333 28, 849 604, 312 406, 076 639, 101

23,409

44,624 794,289

86,321

1,160 1, 399 5, 701

4, 700 8,600

24. 111 I 24, 1591 22. 709

40,836 36, 070 31. 518 817,370 463,549 728,566

19,076

22,027 530, 784

94, 006 95, 531 100, 088 ' 86, 880

I, 397 I, 595 5,503

1,625 1,636 5,492

I, 856 I. 775 5, 574

6, 364 8, 421

1.806 1,617 5, 763

7, 644 11, 526 11,836 5, 365

18,947 7, 091

1 I, 376

14,844 6,268 6, 239 6, 734

3,123

358 207

2, 431 3

18 106

14,890 475, 725

28,729 285,106

3, 435

321

:::::::::::::::::: z}J~ ~-:_:_ 181 ____ _

--------- ---- 102 ------

16,418 14,347 13.815 16,287 583, 508 507, 349 349, 780 403, 166

34, 718 28, 596 24, 7fi8 28, 9fi8 533, 455 472, 923 597, :l9o 626, 129

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

Fine cut chewing_______ _ -~ _do __ _ Plug_ _ ____________________ do ___ ,_ Scrapehewing ____________________ do ---1 Smokmg ____________________ do __ _ Twist__ ____________________________ do ____

1

_

Anthracite: COAL I Exports _________________ thous. of long tons __ l Prices, composite, chestnut:

Retail __________________ dol. per short ton __

rr~d::')fi~~~~ :: --· ::::::ii-totis."oi-i!l.J;i~gns:: Stocks, end of month: I

In producers' storage yards _________ do ___ _ In selected retail dealers' yards I

number of days' supply __ Bituminous:

Exports__ _ _______ thous. of long tons __ Industrial consumption, total

thous. of short tons __ Beehive coke ovens _________________ do __ Byproduct coke ovens___ __--~--do __ _ Cfnnent IllillS ___ ------ _________ do ___ _ Coal-gas retorts ___________________ do ___ _ Electric power utilities ____________ do __ _ Hailways (elass!) ____________ <lo ____ l Steel a!Hl rolli!wmills _______________ do ____ l

oS,~I;e;o~~,~~~;~~{~ri: - - · - ------ · --_.do._- ·1 Ye"els (hunker) ______ tlrous. of long tons __ / Coal mine fuel _______ Uwus. of short tons __

Prices· • Re.uiil, composite, ______ dol. per short ton __

1

1

Wholesale: . 1 I\fme rnn, ~omposite.--;----··-------do ____ l Prepnred s1zes, cOinpostte __________ do_. __

Productiont ___________ thous. of short tons_ Stocks, industrial and retail dealers, end of

month, total _______ thons. of short tons Industrial, total _________ <lo

Byproduct coke ovens__ _ ____ do ('ernent mills_ _________ _ ____ do __ _ Coal-gas retorts _______ do ___ _ Electric power utilities _____________ do __ _ Hailways (class I) _______________ do ___ _ Rteel and rolling mills ____ --- _____ do ____ l Other industriaL ~-------- .. - _____ do ___ _

Retail dealers. totaJ. _________________ do ____ l

1R9

!LfJ6 9. 82ti 4, 430

531

26

488

ao, 948 78()

6, 44!i 370 139

4, 2:J3 7,606

966 10,340

78 296

8, 87

4. 3S9 4. ()!5

41,450

4R, 236 42,2:36

9, 890 440 247

10,663 4, 216 1,040

12,740 6, 000

24,049 300

4, 035 3, 397

15,836 481

24,045 335

3,806 3, 363

16,087 4M I

25, 554 362

4, 278 3, 507

16,949 458

26,889 512

4,331 3, 539

18,004 503

24,167 367

4, 115 3,187

'6. 082 I 416

26,887 432

4. 521 I 3, 985 17,460

489

25,933 456

4, 225 3, 807

16,949 497 I

FUELS AND BYPRODUCTS

114

9. 576 3, 546

372

23

510

28,780 242

5, 676 246 141

4, 217 7, 328

900 10,030

110 268

39,077 :l2, 577

5, 875 444 218

9,128 5, 272

6.oo 10. 990 6, .5oo I

121

II. 37 9. 584 3, 773

128

17

602

28,538 211

5, 830 337 143

4, 029 7, 288

870 9, 830

]()f) 241

8. 65

4, 296 4. 395

35, 244

35,108 30,208

5, 30-5 408 200

9, 257 4, ()()()

578 9 800 ' 4; 9oo I

' I 121 282

9. 3iiii- ---9:278-3, 746 3, 957

91 137

24 37

I, 231 2, 081

26,072 160

5, 632 418 205

3, .561 6, 721

725 8, 650

25,741 !66

6,000 513 131

3, 696 6, .)34

751

2~~ I 7, 950 I

128 243

-_I--4. 275 4. 297

32,790

35,721 30,521 5,150

463 243

9, 514 4, 526

565 10,060 5, 200

4. 21\.) 4, 2:30

34, 896

39, 20:l 32,403

5, 956 486 248

9, 798 4, 602

.)33 10,780 6, 800

363

II. 04 9. 333 4, 367

506

40

I, 948

24,988 240

6,184 542 124

3, 839 6,199

6\10 7,170

100 231

8.36

4. 264 4. 231

32,400

41, .563 34,563 6, 506

507 284

10,241 4, 644

541 11,840 7,000

329 222

9. 462 4,408

953

46

I, 849

25,877 367

6, 603 519 123

4,079 6, 391

715 7,080

102 258

4. 251 4. 276

35,890

45, 438 37, 538

7, 448 494 292

10,559 5, 240

605 12,900 7, 900

9, 558 3, 775

1,164

56

I, 806

27,079 442

6, 703 534 136

4, 341 6, 612

791 7, 520

112 281

4. 256 4. 314

39,010

48,111 39, 611

7, 832 551 291

11,003 5, 693

661 13, 580 8, 500

'Revised. 1 December I estimate.

26, 300 398

4, 145 3, .525

17, 762 478

221

IL41 9. 636 4,056

1, 279

51

1,488

26, 783 432

6, 624 543 139

4,177 6, 606

752 7, 510

102 276

8. 54

4. 277 4. 354

38,650

51, 122 42,122 8,861

578 287

11, 337 5, 679

690 14,690 I 9, 000

31, 133 443

4,195 4, 009

21,950 I 536

'

I

11':: I 9. 769 4, 234

I, IJ2

49

I, 091

30,333 577

6, 928 578 139

4, 812 7, 319

870 9,080

105 277

8. 75

4. 403 4, 602

38,700

51, 564 42,464 9, 712

515 285

11,309 5, 493

660 14,490 9,100

25,704 421

3, 942 3, 256

17,642 442

141

11.57 9. 775 3, 869

1,112

57

I, 065

30,961 626

6, 799 556 139

4, 582 7, 594

895 9, 770

107 286

8. 84

4, 393 4, 619

40,012

51,872 42,922 10,091

476 273

II, 413 5, 748

691 14, 230 8, 950

I

22,941 380

3.681 3, 19ll

15,227 456

153

11.59 9. 793 4, 699

939

45

518

32, (i37 736

(), 9U9 507 171

4, 7:J7 8,072

975 10, 440

'80 296

8. 86

25, 15:l 42{)

3, 882 3, f>:J6

16,7.52 457

146

11.67 9.823

'4, 977

704

45

'33, 58 81

7,06 401 152

'4, 782 '8,176

1,043 Jl, 150

8 '31

8. 8

4, 393 4. 390 4. 618 4. 6!6

41,400 '44, 070

50,998 42,978 10,184

436 284

11,336 5, 921

827 13, 990 8,020

'48, 702 '42,102

9, 887 408 258

' 11, l19 '6, 235

'935 13,260 6,600

t Data for 1938 revised. Seep, 4.) of the August 19-JO Survey. '{Composite price for 38 citi(•S in March; 37 cit iPS in Juno, September, and October; 36 cities in ~overnher; and 35 cities beginning in Dec<•mbcr. Data for retail coal price.::,

both anthracite and bituTninous, arc now compikd on a monthly basis for the coal-burning season, Septetnbcr through April. §Data for exports and imports revised for 19:l\l: "'" tabk 14, p, 17. and table 15, p. 18, rc•spcetiwly, of this issue.

46 SURVEY OF CUHREKT BUSIXESt::l .\pril WH

1940 19!1 Monthly statistics through December 1939, to-,1941 I gether with explanatory notes and references ---to the sources of the data, may be found in the Febm- Fehru-1940 Supplement to the Survey 1>ry ary ~I arch

1 I I I Septem-1 0 I Novem- Decem-April ! :.ray I june , July August , ber 1 ctober i ber her J:mu·

ary

FUEL~ A::-<D BYPHODFCTS-Continued

COKE

Exports ____________________ thous. oflong tons .. Price, beehive, Connellsville (furnace)

36

Production: doL per short ton .. 5. 37[1

Beehive .. _______ . _______ thous. of short tons_ .1

4\lfi

~l&~Y~:~\;;1{.;::::::::::::::::::::::::~~ ::j __ 4'502

Stocks, end of month: I Byproduct plants, totaL _______________ do ___ _

At furnace plants. ___________________ do __ __ At merchant plants ______________ .... do .. __

1

P•::~:o::~~--~-~-~-~~~~~-~~:o ____ _ Crude petroleum:

Consumption (runs to stills) .. thous. of bbL

1, ~91 774 618

Imports§ _______________________________ do____ 3 321 Price (Kansas-Okla.) at wells .... dol. per bbL : 1!60 ProductionL ___ ------------- __ thous. of bbL. Refinery operations. ________ pet. of capacity._ Stocks, end of month:

California: Heavy crude and fuel ______ thous. of bbL. __ Light crude ________________________ do ___ _

East of California, total) _____________ do ___ _ Refineries ~-. _____________________ .do ___ _ Tank farms and pipe lines~ _________ do ___ _

Wells completedt .. _________________ .number. Refined petroleum products:

Gas and fuel oils: Consumption:

Electric power plants .. ____ thous. of bbL _ --Railways (class I) __________________ do ___ _ Vessels (bunker). __________________ do ____ -

Price,fueloil(Pennsylvania)*.dol. per gaL. .044 Production:

Residual fuel oilt. __________ thous. of bbL Gas oil and distillate fuels, totaL .. do ____ l

Stocks, end of month: Residual fuel oil, east of California

thous. of bbL Gas oil and distillate fuels, totaL _.do. ___ -

Motor fuel: Demand, domestict._ ________ thous. of bbL.-----

~;i~~;~~tas~Iin;):- --------------------.do_---~ I, 05G

Wholesale, tank wagon (N. Y.)t 1

dol. per gaL . 127 Wholesale, refining (Okla.) _________ do____ .044 Retail, service stations, 50cit.ies• ___ do____ .123

Production, total~------------thous. of bbL. BenzoiC_. ________________________ do ___ _ Straight run gasoline; ______________ do ___ _ Cracked gasoline~. _________________ do ___ _ Natural gasoline+----------- ________ do ___ _

Natural gasoline blendedf ________ do ___ _ Retail distribution _______________ mil. of gal. Stocks, gasoline, end of month:

Finished gasoline, totaL ... thous. of bbL. At refineries ______________________ do. ___

1

,

Ker~:~~~~al gasoline ___________________ do ___ _

Consumption, domestic ______________ do_ ---1

Exports§ ____________________________ do ___ _l 54 Price, wholesale, water white, 47°, refinery I

Pr~".~c~fl~~ani~~::- -_-_- -_-_-_- -_- -tl~0J~.P~f 6~J:: · 0'54

Stocks, refinery, end of month ________ do __ _ Lubricants:

Conwmption, domestic+------------ do ___ _ Price, wholesale, cylinder, refinery (Penn- I

sylvania)_ ___________________ dol. per gaL. .094 Production .. ________________ thous. of bbL.

1

Asphalt· Stocks, refinery, end of month ____ do. __ -~

Imports§--------------------- short tons.. 9,838 Production _____________________ do __ _ Stocks, refinery, end of month._.-- .. do ____

1

,

Wax: Production ______________ .. thous. oflb ..

1

..

Stocks, refinery, end of month _______ do .... 1

HIDES AND SKINS I Imports, total hides and skins§ ____ thous. of lb ..

Call and kip skins§. __________________ .do ___ _ Cattle hides ___________________________ t]o ___ _ Goatskins!. _________________________ do ___ _ Sheep and lamb skins§ _________________ do ___ _

'Revised.

3f>, 4ll 1, 7U5

w .. l44 6, 146 8, 550

39

4. 550

155 4, 017

131

'1. 698 784

'"914 o23

101, 766 2, 244 . 960

108,668 81

79,047 3G, 110

200, 704 40,212

160,492 1, 655

1, 446 4,100 :J, 082 . 039

24,680 16, 262

19, 130 19,615

37,557 1, 848

,137 . 044 . !33

47, 596 231

20, 409 22, 777

4, 179 3, 0117 I, 543

92, 721 68, 227

4, 'i57

6, 2H3 27U

.050 5, 1)4.1 4, ~102

1, 622

. 193 3,108 7, 8'25

1, f:i7fj 2Jn,(,l)() 647,000

I

46

4. 475 '

135 4, 125

130

I, 638 800 838 624

110. 079 2,866 . 960

120,075 81

78, 440 35, 943

207, 407 40, S71

166, 536 I, 677

1, 261 4, 281 3, 350 . 039

26,870 16, 346

19,160 18,541

44, 607 2,021

. 134

. 044

.132 51,230

237 21,774 24, 730 4, 489 2, ~l86 1, 812

96, 467 70, 274

0, 303

6, 273 463

.050 G, 570 4,114

1, 883

. 170 3, :J:J,j 8, 084

896 324, 200 tl9ll, 000

47, 320 vo, 373

I 42 sz I

4. 475

102 3, 984

139

2, 016 931

1, 085 G63

106, 979 3, 368

. 960 llG, 045

82

78, SGG 36,000

214, 321 42, 119

172.202 1, 853

979 4,164 2, 930 . 039

25, 372 15,260

18, 475 20, 310

47,683 1, 730

. 133

. 046

.129 50, 625

228 2:J, OS2 22,901 4, 414 2, 783 1, 936

96,615 G9, 407

G, 112

5, 621 375

.050 G, 257 4, 351

4. 475

!Oil 4, 244

152

2, O~? 9uv

I, 101 681

lll, 817 4, 266

. 960 ll8, 283

83

78,359 35, 782

218, 492 45, 183

173, 309 2, 083

948 4,130 3, 242 . 039

26,548 14, 541

19, JIG 23, ll2

52,946 I, 766

.128

.048

.127 52,183

247 22,,126 24, 823

4, .587 :3,075 2, 133

\13,474 G.l. 871

ti, 514

5, 297 377

. 051 r.. 641 5, 309

2, 138 , 2, OG3

.HH i 3, 280 !

S, OG5 ! I

417 1 230 400, 000 ' 487, 600 768, 000 I 759, 000

i 42, 5GO I 44, 240 96, 910 I 103, 2sv

77

4. 475

151 4, 37.:)

149

I, 80Ci 877 92(; 697

103. 237 l, 658 . 960

Ill, 690 84

7:l, 443 3.i, 368

21H, 998 4'.', 525 li . 473

:~. 021

j, 016 '· 090 :,, 926

. 039

2(., 4G9 14, 154

2(, 339 2(, 412

51, 459 ~. 177

.127

. 048

.125 51, 325

263 22, 422 24. 239

4. 401 2. 600 2. 267

80 276 5(1 708

7. 000

3. ~s2 I 299 I

. 0.51 i 5, 785 6, 810

2, 146

.143 3 ')}·) I 8; 16i

1

74

4. 475

231 4,619

121

1, 915 846

I, 069 678

107,902 3, 771 -960

ll3, 244 80

77, 5.50 3(i, 182

219, 796 47, 959

lil, 837 I, 860

I, 234 4, 166 3, 009 . 039

25, 248 14,439

21,909 30, 134

53, 865 1, 460

. 130

. 048

.126 51,879

279 22,420 24, 496

4, fi84 '2, 864

2, 12()

82, 025 54,411

7, 58!

4, 257 213

. 050 5, 797 8,191

I, 871

. 118 3_, ~~4 :"i, Vt3

2t1o : f',o?,,· ~u001 527,:3110 " " " 6Sl, 000 62:3, 000

39, 7GO 37, 520 110, 34fi 113, 1!78

LEATHER AXD PHODUC'rS

32,421 1, 05.5

16, 221 9, 017 4, 071 '

i I

23, s5,\ 1

!, 0051 9, 669 (\, b3G I 3, 997

I 22, 767 I

02:l I 9, Ofi8 5, 906 4, 933

28, .~:21 1, 085

16, 4tH .1, 576 3, n9

I I

28.81\3 I 2, 108

14, 3051 .5, 29.5 5, 199

I

90 I

4. 475

278 4,682

123

2, 027 807

1, 219 . 647

108, 756 4,150 . 960

110,523 81

76, 373 36,493

220, 234 47,950

172, 284 1, 788

1, 503 4, 293 2, 661 .040

26,451 14,957

24,042 33, 964

55,346 1, 686

.128

. 046

.123 52,658

2il 22,120 2.1), 587

4, 680 '3,186 1

2, 319 I

7i, 1341 50,056

7, 102 I

79

4. 475

272 4,627

119

2, 058 776

1, 281 617

107, 756 4,059

. 960 109,337

83

75, 392 35,460

220, 197 44, 778

175, 419 1, 555

I, 425 4, 334 2, 293 . 040

25,504 14, 735

25,015 37,166

52, 297 I, 699

.124

. 046

.122 52, 313

263 22, 254 2.1, 090 4, 706

'3,901 2,134

75,915 49,040

7, 038

4,1141 5,173 196 173

. o49 I 5, 629 i

. 049 6. 062

10,254 9, 47611

2, 024 2, !50

.103 i §: ~~~ I

I

. 094 2, G82 8, 596

21, 028 ! I, 447 638, 000 1 604, 700 588, 000 i 490, 000

33, 32o 1 39, 76o 112, 359 I l!O, 028

I 33, 123

1, ].52 20, 685

6, 06.) 3, 786

2S, 111 I' I, 253 16, 170 3,1161 5, 458

76

4. 475

363 4, 840

13!

2. 029 740

I, 290 58!

109,394 3, 910

. 960 ll3, 418

82

74, 124 35,422

220,896 44, 774

176, 122 1, 856

I, 678 4, 847 2. 724 . 040

27,944 14,381

26, 539 37, 709

53, 807 1, 662

.122

. 045

.122 52,907

290 21,602 25, 968

5, 047 '4, 269

2,190

73, 338 47,162

G, 569

5, !lOS 120

. 0-19 6, 496

11,000

2, 443

. ono 2, tJF:i4 S, 4G4

62

4. 555

394 4, 750

88

1, 997 713

1, 284 527

105, 364 4,023

. 960 106.904

82

73, Oll 35,043

220,645 44,873

175, 772 I, 533

1, 4(i9 4, 805 2 ·-y ,. :042

26,125 15, 073

24,580 35,885

49,074 1, 904

.120

. 045

.121 50,892

282 21, 053 24, 716

4, 841 '4, 133

I, 9ll

73, 429 4t>, 695

6,102

6, 768 li5

. 050 6, 431

10,473

2, 449

. 090 3, 021 8, 365

39,993 377 608, 400 ' 396, 900 469, 000 i 526, 000

43, 120 i 43, 91\0 113,827 i 120, 212

------

;)1

5. OliO !

4f):l 4, o90

126

I, 901 736

1, 1()5 487

109, 703 4, 744 . 960

110, ,\20 82

il. 798 35,852

221, ():l! 43, 767

177, 2fi4 I, 243

I, 814 5, 021 2, 525 '. 043

27,925 16, 60S

23,6.56 32,082

46,413 I, 786

. 123

. 0-15

. 122 52, .108

2)8 22. 213 25, 047

4. 9.00 '3, 945

1, S!O

77.913 50,~()/ 5, 70-4

. 0:"·2 ti,.S'Jcl H .. 112

1, 875

D. 375

514 4, 933

126

I, 597 732 S65 406

no, 683 3, 19(J . 960

110, 647 83

70,474 35.961

219,905 42,760

177, 145 1, 536

1, 689

'.044

27, 958 17,018

22.060 28. 034

45. 344 1. 469

. 125

. 044

.122 52, 542

313 21, 353 25. 992

4, 884 4, 016

83, 310 5.1. 562 5, 490

7, 769 57

. 053 ti, 6Gl s, 312

2. 367

. 090 2. 943 8, 809

IS, .)04 j 600 326, 200 : 3113, 100 GH, ooo , n.sv. ooo

4:J. G~>ll 4.5. 080 125, 272 120,027

~----

20, ()27 I, 999

18, 922 4, 379 2, 904

38, 459 1 42. 542 3, 365

1

I, 481! 41. 2~4

2, 828 24. 638

4, 792 6. 249

22, 004 26. 925 5, 368 4, 990 5, 882 5, 357

*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 -_--_--_"---~~=::_:_---=--.~.::._. -- --=======

1940 11941 Monthly statistic.s through December 1939, to- i 1941 I gether with explanatory notes and references ~---- -- , 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

1

June I July 1_'_ August I Sep- I October I Novem-1 Decem-! Janu-' ternber ! ber ber ! ary

LEATHER AND PHODUC'I'S--Continued

IIIDES AND SKINS-Continued I ------------------------~-------------,--------;------:--------------

1

Livestoek (federally inspected slaughter): \

~~Jai~:-;i~~~:::·::::·:~~~~:~~:~~I:~~'If::l Prices, wholesale (Chicago): I

Hides, packers', heavy, native steers doL per lb __

Calfskins, packers', 8 to 15 lb ___________ do ___ _

LEATHER Exports:

:!~4 717

3, 725 l, 391

.124

. 216

Sole leathc.r§ ____________________ thous. oflb__ 1,278 Upper leather§ ______________ thous. of sq. ft._ 3,415

Production: Calf and kip ______________ .. thous. of skins_ __ _ Cattle bides _________________ thous. of hides ______ _ Goat and kid ____ . __________ thous. of skins __ _ Sheep and lambt ______________________ do ____ _

Prices, wholrsale: Sole, oak, scoured backs (Boston)

doL per lb._ . 355 Chrome, cair, B grade, black, composite

dol. per sq. ft__ .480 Stocks of cattle hides and leather, end of month

TotaL ______________ ._ thous. of equiv. bides .. ________ _ In process and finished _______________ do ___________ __ Raw _____ ._ .. _____ . __________________ do. __ _

LEATHER MANUFACTURES Gloves and mittens:

Production (cut), totaL _________ dozen pairs __ Dress and semidress. ________________ do ___ _ Work_. ______________________________ do ___ _

Boots, sboes, and slippers:

204,313 127, 1)98 76, Gl.1

Exports§. ___________________ tbous. of pairs .. ________ _ Prices, wholesale, factory:

Men's black calf blucher_-· __ dol. per pair.. Men's black calf oxford, corded tip ___ do ___ _ Women's colored, elk blucher ________ do __ __

Production, boots, shoes, and slippers:' TotaL ________ .------ ____ .. thous. of pairs __

Athletic ..... _______________________ do .. __ All fabric"(satin, canvas, etc.) ______ do ___ _ Part fabric and part leatber ________ do .. .. High and low cut, leather, totaL ___ do .. ..

Boys' and youths' _______________ do ___ _ Infants' _______________ -------- ... do ___ _ Misses' and children's ___________ do .... Men's ____________________________ do ___ _ Women's ________________________ do ___ _

Slippers and moccasins for housewear

6. 00 4. 25 3. 30

38,00() 321 506

1, 621 32,686

1, 260 I, 947 3, 960 8,R29

15, 590

thous. of pairs.. 2, 268 All other footwear __________________ do____ 60.1

I

378 7!.1

4, 277 1, 313

'129 . 214

773 3,214

'956 1,892

'3, 249 2, 968

. 348

. 455

12,887 9, 203 3, 684

154,325 88,956 65,369

316

6. 00 4. 25 3.30

31i, 651 285 529

1,299 31,324 1,178 1, 894 3,816 9,094

15,343

1, 870 345

440 721

3, 981 1, 266

.126

. 2!G

643 4,456

'869 I, 700

'3, 219 3,052

. 345

.457

12.578 8, 911 3, 6tl7

155,402 88, 333 67,069

220

6. 00 4. 25 3. 30

34,551 311 824

1.048 29,538

1, 067 1, 821 3,614 8, 337

14, 700

2, 288 542

1so 1 774 I

3. 610 I 1, 355

:m 354 1

3, 842 i • 889 I

1, 56tl '3, 41:1

3. 2121

. 34.)

.466 I 12, 529 8, 730 3, 799

146, 34fi 81,355 64,990

177

6.00 4.25 3. 30

31,056 349 915 692

25,506 1,017 1, 703 2, 825 7, 588

12,424

2,880 663

! 501 1 796 1

3,89o 1

1, 420 I - 1231 -214

456 2, 902

'993 I. 590

'3, 259 3, 357

'344

.469

12.508 s. 812 I 3, 69G

169,671 100, 717

68,954

142

6.00 4.25 3. 30

29,479 343 965 424

23,801 1,161 1, 575 2,601 7, 419

11,045

3,127 819

I

437 738

3, 886 1,378

.105

.187

92 2, 701

936 I, 452

'3. 087 2,880

. 340

.455

12,737 8, 891 3, 846

179,972 108, 674

71,298

129

6.00 4.25 3. 30

27,905 371 691 303

22,668 1, 230 1,600 2, 950 6, 925 9, 963

3,184 I 687 '

457 822

3, 219 1,448

.114

.188

37 2, 031

953 1, 534

'3, 077 2, 873

. 325

. 45:3

12,621 8, 743 3, 878

(I) (I) (I)

105

6.00 4. 25 3. 30

33,590 323 302 370

28, 113 1, 391 1, 710 3,357 8, 018

13, 638

4,005 476

LUMBER AND .\1ANUFACTURES

LUMBER-ALL TYPES Exports, total sawmill products§ ____ M bd. ft..

Sawed timber§. ____ --------------- _____ do ___ _ Boards, planks, scantlings, etc.§ _______ do ___ _

Imports, total sawmill products_ .. _______ do __ __ National Lumber Mfrs. Assn.:t 1

Production, totaJ.. _______________ mil. hd. ft__

1 Sl~~l~~~~~t:-t;;:::::::::::::::::::::::~~·::: nard woods. _________________________ do ___ -~

st~~tt,~~~g;,,-eil<i -or moiliti;ioiai:: ::::~~ ::: Hardwoods __________________________ do ___ _ Softwoods __________________ ._. ______ .do.-- -I

M~~,\~r~e~~~ a~~~~~;~~~~------M bd. ft_.l

iti~{~~,~~r:;:~Ei;t~~~~:ti~~~;:;;~~~l~- ~ ~: 1

Oak: Orders, new ____________________________ do ___ _ Onl<•rs, unfilled, end of month __________ do .... Production _____________________________ do ___ _ Shipments ___________________________ do ___ _ Stocks, end of month ___________________ do ___ _

SOF'i'WOOHS on~ las fir:

Es~~Z,~I {i~~~csr§w_~_n~:r~_du~~~~:~~~-~J0 f~:: I Boards, planks, scantlings, etc.§_. ____ do ___ -1

Pri<'N~. wholesale: I Dimension, No. 1, common*

dol. per M bd. ft __ Flooring, "B" and better, F. G.,1 x 4, R. L.*l

dol. per M bd. ft..

60,921 7, 755

42,140 67,504

2, 17.) 322

1, Sfi:~ ~. ~;~

.3,JI 1, 871 f\, :l:ll 1, ~1~ 4,m:1

8, 225 11, ()00 o, o.~o 7, 6.50

18, :J51J

4.), 981 54,\18.1 38, 401! 35, 677 74, 2:)5

2~. ~!7 h, !),),~

17, 7U2

24.990

35.280

59,734 13,217 41, 197 45, 373 I

1, s:;s '353

'I' 1, 4"<.fi "1. ~:.:3

':l44 • 1, AOS r i, f-1:) r],;J,;)l

' !), 7S:2

6, 200 11, 250

(), 1\00 6,100

20,700

42, 338 ()(\, 205 33, 435 33,312 81,012

2,5, 704 8, 424

17,280

22.295

28.910

62,4581 14,909 43, 500 44, o8s I 2, 024 '328

r ] t\9f~

• z' o;;o ; :~;).')

r 1. 74.1) 7, !)(i:i i

'1. X~-l I 5, ill I

6, 350 ! 10, G2fl '

G, :350 7, 025

20,035

39, f\58 68,0()8 35,2fW, 37.696 78,471

31,103 11,849 19,254

79,880 19,934 52,469 45,357

2. 1\l\l '331

r 1,8(}8 2, 211 ,. :t?7

r ],XS:""J ,.. 7. ,::,;)() r ].~:!8

f>, 7:!~,

6, 350 9, llOO 6, 850 f), 950

19, 700

34, 438 61,242 41,190 41,264 79, 31!7

99,098 26,859 65,731 71,006

2, 343 '328

: ~: ~t\~ r;ns

• 2. OG'l ,. 7, 520 r I, 8:20 '

r •. 7oo I i

6, 550 9, 360 6, 420 7, 270

19,01>0

45,935 61,461 43,865 45,716 75,139

33, 243 : 45, 288 13, 603 ! 21, 375 19, 640 i 23, 913

22. 050 22. 050 i 21. 928

28.420 I 27.440 ' 27. 195

I

91,180 I 14,892 62, 509 60,725 I

2. 257 ,,,

'284 1' 1, 973 r 2,2W

,. :J28 r). ~4)1 : ,. 7, fi):<lti I • 1. 77<' 1

5, :;10 1

7,000 i 8, 900 ' 6, 450 I 7, 400

18,400

33, 357 52. ,512 38,015 43,127 70,027

29.078 10,180 18,898

21.560

2G. 460

108,059 14,880 81,099 65, 714

2, '2'L7 '2.59

'1. 91iP. ,. 2, 3f,fi

'339 r 2, 017 ,. 7. 482

1, non 5, 7~;)

9, 350 9, 375 7, 450 8, 750

17, 350

49, 587 59,380 41,658 44,412 65,317

38,014 10, 771 27,243

21.658

26.656

432 842

3, 045 1,489

'102 .153

33 2, 256

996 1, 739

'3, 030 3, 261

. 305

. 442

12,566 8, 629 3, 937

(') (I) (I)

202

6.oo I 4. 251 3. 30

39,315 i 359 302 519

32, 837 1, 624 1, 790 3,669 9, 622

16, 132

i 4, 946 i

353 !

98,2961 11, 1551 68, 262 64,704 '

2 • .541 1·

'300

; g; ~~~ T 37~

,. 2, 28f) ,. 7, 363 '1, 620

5, 743

10,725 ! 10,800 : 8.175 9, 350

Hi,1300 :

65,836 I 72, 557 I 4(), 148 52, 655 : 57,879 i

I

37,625 ' 9, 595 :

28,030

' '

417 8!2

3,168 I, 469

.123

.166

18 1, 971

844 I, 597

'2, s:Jo 3,050

.300

. 440

12.740 8, 708 4, 032

(') (1) (I)

206

6.00 4. 25 3.30

34,992 389 319 474

28,208 1, 366 1, 791 3,342 8,679

13,030

5, 413 I 189 !

89,940 12,271 69,356 71,374

2, 484 '353

'2, 131 ,. 2, 73!

,. 3UU r 2, 2.12 r 7, 140

'!· SI~ ~~. ,1)' 3

8, 700 11, 150

7, 500 8, 400

16,000

51,344 73,818 46,916 50,083 52, 712

I

26,888 9, 385 i

17, 503

22. 908 24. 500

29. 645 i 33. 320

507 968

4,483 I, 734

.140 I

. 2031

15 2, 7-52

'980 1,977

'3,098

":::I . 453

13,176 8, 935 4, 241

(I) (I) (')

168

6.00 4.25 3.30

~6. 7461 508 311 834

28,566 I, 533 2, 132 3,468

10, 112 11,321

6,283 244 1

72,862 10,342 56,499 74,975

2, 671 •427

'2. 245 r 2, 947

,. 453 '2, 495 ,. 6, urq ,. ~· 5~~

v, 1.~(,

9, 900 11,600

9. 200 9, liOO

15,850

47, fJ71 68. 765 51,938 52,624 51,426

32,170 9,130

23,040

24. 500

33. 320

462 884

5, 419

1, 4621

. 14o 1

. 218

4, 000 2,626

'912 1, 94!

r 2, 572 3, 411

. 343

. 466

13, 57! 9,165 4, 406

(') (') (')

170

6.00 4. 25 3.30

30,402 517 297 842

22,409 1, 281 1, 823 2,881 8,618 7,806

6,134 203

73,911 10,085 53,023 71,548

2 •J4•> ; 3s8

r 1, 9.14 ,. 2, !iGD

,. 422 '2, 147 r 6, f)~: I)

1, !i14 r,, 171

6,450 11, !50

7, 100 7,000

16, 200

31,-588 55, 519 48,413 44, 642 55, 197

30, 752 8, 390

22, 362

437 858

6, 063 1, 416

.1oo

. 213

2, 209 2. 776

r 964 '2, 054 '3. 098

3, 320

. 345

.478

'13 891 •9:429 '4,4()2

(I) (') (1)

108

6.00 4. 25 3. 30

31,425 479 332

1,043 25,233

I, 312 I, 873 3, 282 8, 680

10,085

4,on 246

61,960 6,443

36,434 71,202

2, 227 '357

'!,870 r 2,40~

'383 r 2, 0?2

G. fl;;2 1, 4q7 .\OCi•

5, 7.10 10,100

7, ()00 {;,600

17, 5(10

25, 942 46,1\9,5 44, 254 :Jii, 6G4 ti2, 788

14. 285 I, 157

10,128

24. 990 i 2.)_ 970

34. 300 I 36. 2GO

411 R91

4. c.n 1. 625

.133

. 216

43~ 2, 67\1

994 2, 176 2, 960 3, 497

. 355

• 481

13,875 9, 379 4, 496

r 196,519 '11R.020 r 78,499

101

6.00 4. 25 3. 30

'36, 803 '380 '414

'1, 586 '32, 215

• I, 359 '2, 148 '3, 909 '8, 168

' 14, 544

r}, 713 r 496

79,865 14, 907 46,449 62,349

2, 298 359

l, 93!1 2, 47{)

:193 2, 0~(; fl, 3R4 1, ·153 4, ~131

8. 075 10,950 ~. 5fJ0 7, 275

Hl,30U

3.), 903 44,681 41i, 606 37,941 71, 503

27,896 12 620 1.0: 27(\

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<l January 1940 will be shown in a subsequc•nt issue. ,ltevised figures for February-Decem her 1940 are shown on p. 4 of the Wrekly Supplempnt for April 3; 1940 figun·s shown ahov(· are unreYised (lata.

48 SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1939, to· I 1941 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

1940

LUMBER AND MANUFACTUHES-Continued

SOFTWOODS-Continued Southern Pine:

Exports, total sawmill products ___ M bd. ft_ __ Sawed timber ________________________ .do ___ _ Boards, planks, scantlings, etc. ______ do ___ _

Orders, newt ____________________ mil. bct. ft._ Orders, unfil!ed, end of month _________ do ___ _ Price, wholesole, flooring .. dol. pc•r M. bd. ft __ Productiont----------------------mil. bd. ft._ Shipmentst ---------------------------_do ___ _ Stocks, end of month __ ·-·---·---- _____ do ___ _

Western Pine: Orders. newt_-------------------·-- ____ do ___ _ Orders, unfilled, end of montht ________ do ___ _ Price, wholesale, Ponderosa pine, 1 x 8, No.2,

common (f. o. b. mills) .. dol. perM. bel. rt__ Productionf ______________________ mil. bd. ft._ Shipmentst ____________ _do ___ _ Stor·ks, end of month ________________ do ____

1 West Coast Woocts: '

Orders, newt. __________________________ do ___ _ Orders, unfiiled, end ofmonth _________ do ___ _ Production t __________________________ .do ___ _ Shipmentsr. _________________________ do ___ _ Stocks, end of month ___________________ do ___ _

Redwood, California: Orders, new ______________________ M bd. ft __ _ Orders, unfilled, end of month _________ do Production ___________________________ .do Shipments._. ________________ . _________ do_ Stocks, end of month _________________ do

FURNITURE All districts:

Plant operations _______ percent of normal .. Grand Rapids district:

Orders: . Canceled ___________ percent of new ordc•rs I New ______________ no of days' production _

8, ~~I t.JO

8, 241 671 5!2

49, 94:l 6ill 643

1, 539

3~0 400

:l3. 47

265 374

I, 5.51

6ii0 701 669 634 8S9

29,343 48,415 33.700 32. 738

267, 27()

Unfilled, end of month _____________ do __ l_ Pl~nt operations _ .. __ . _ perce?t of normaL __ Shipments ________ no. of days productiOn .. __

Prices, wholesale: Beds, wooden _________________ !926=100 _ 83. 5

100.9 ~N. 4 ~7. 2

Kitchen cabinets_________ _ ___ do __ Living-room davenports . ______ do _

Steel furniture (see Iron and Steel SL•ction).

14,747 4. 518

10, 229 516 357

41.798 5.53 493

2. 014

300 282

28.86 212 297

1,7-H

r;)7·l 513

r ,),~S

r :i1lS 961

21, 544 26, 416 29,105 21. 9-i7

301, 176

63.0

S. 0 Hi 30

65.0 16

77. 9 10:?. 3 8S. 1 87.2

I 12. R38 I

z. 697 1 lO.w i 331 I

41.8731 636 613 1

z. o37 I 354 285

29.30 2i9 351

1, 672

r fi22 520

r()Jl

r I~();)

976

29, 704 32, 472 28, 727 27, 2:{/

299, 227

fl:l. 0

A. 0 15 2.1

58.0 1ti

77. 9 102. :l 88.1 Si. 2

18. 3·18 5, 838

12,510 677 348

41. 662 651 660

2, 028

400 287

29.09 339 397

1, 664

r(j,jr)

517 rjq;')

r 1\-!1 981

31,450 31,371 31. 207 :~1, 5G2

298. 317

02. 0

I w. o I

lf'1 I

2'l 1 Gl. 0 .

Hi 77. g 1

87.2

25. 928 4, 866

21,062 688 324

41. 783 675 712

1, 991

457 304

29 02 52:.? 441

1, 7c15

29. 2r.3 20, 5!i5 31.310

231: ~~i I

02.0

28, 209 4, 341

23,868 623 350

4). 865 602 ,i97

1, 996

421 300

:18.49 -041 425

,861

r fiO!i 383

rt)q ,. (\jf)

920

2[, 500 2i. 468 2Q, zn 2o. 016

292, 640

fi3. 0

27,689 3, .597

24,092 799 440

41. 536 n25 709

1, 912

495 326

28.01 570 469

1, 962

r i42 510

r ~"i/9

r 627 900

27,586 25,901 28,477 29,365

289,079

60.0

I 15, 990

948 15,042

948 570

43.045 720 818

1, 814

653 442

28.17 618 537

2,043

'32ll 623

r {\9()

'702 892

35,963 32,173 30, !.56 31,290

2~3. 907

65.0

22,224 2,:l68

19,856 905 603

46.010 739 872

1, 681

629 532

29.71 549 .539

2,051

';.11 6!7

r(j.l}

r ilO 865

32,836 35, 54.5 31,533 29,024

286,622

71.0

70 ~o ~o ao ~o H 14 23 24 28 ~I ~ ~ ~ a

62. o

1

oz. o 57. o 64. o 69. o H 12 15 18 21

~I ~1 ~I ~1 ~I 87. 2 :l7. 2 87. 2 87. 2 87. 2 1

10,961 989

9, 975 949 600

48. 67G 827 952

1, 556 !

546 486

31.73 544 .592

1, 997

r T:?O 681

r ();,g ,. 690

860

47,674 42, 8.5.5 36,059 38, 245

282,098

76.0

3. 0 29 46

75.0 2S

77.9 102.3 88. 1 87. 2

11,581 I, 215

10, 36G 763 550

50.585 73-1 ~13

1, 477

441 433

33.04 414 494

1, ~Hi

r ()~6

726 r (i14 r non

867

36,581 42,849 31. -loS 36.318

275, •102

77.0

5. 0 21 40

74.0 23

77.9 102.3 88.1 87.2

April lB-!1

11, ~93 1. se~ 9. 42.5

fl40 49~

so. sn~ 71~ G92

1, 503

39i 3SO

3:1. 58 3H 44t)

1, 81~

r 642

40, -H\9 ,:<jl, ~71 ?9, j'()l

:\1. 4~f\ 210, l.~S

74.0

~- 0 17 33

i.~. 0 20

i7. ~ 102. 3 88.1 8i. 2

19H

11,691 I, 747 \l, 944

773 511

-50. 750 ill;) iliO

1, 506

425 :J?4

J3 99 262 411

1, 663

t366 1176 fli5 r,s1 851

3:1, 1?.1 52, 8.~!l ~).\ 279 31. 4'\G

2t\!J, -U~

70 0

3. () :?S ·t?

72.0 20

~:-\ .. ~ 100. ~

8U. 4 '7. :2

Dining-room chairs, set of 6 ____ do __ -~ 1~§: { II

1AU ~~-\~: ~ 1b~: ~ ~6~: i ~6~: ~ I

! ~---~----~--~----~--~----~--------

METALS AND MANUFACTURES -------------------------~----~---~----~--~--------·~---.-----~---.----~---.----~---

783, 9f>4 i 936, 04711,034,938 1,402,075 1,221,05211,105,510 312, 4S3 318, 3fi9 i 327, 129 3.5S, 991 255, 608 258, 926 ~~ ~~· ~~ ~~ ~~ ~~

IRON AND STEEL Forci~n trade:

Exports (domestic), total.._ . __ long tons._ Scrap_ _ _______ cto_

Imports, totaL_ __ rlo __ _ Scrap ________ . _____________________ do ___ _

Price, wholesale, iron and steel, composite dol. per Ion~ ton

Ore Iron ore: ,

Lake Superior district: I Consumption by furnaces

thous. of long tGns. , Shipments from upper lake ports _____ d) ----1 St~ctk~;r~a~;~f lllon~h, total_._-_-_:::::::~~::::

1 On Lake Erie docks ________________ do ___ _

~la~~~~~;~ t~;~~ lnlports. (manganese. con~~nt)§ thous. of long tons_ -1

Pig Iron and Iron Manufactures li

Castings, malleable: Orders, new____ short tons._ Production ______ _ ____ do ___ _

Percent of capacity_ Shipments_____ __.short tons.

Pig iron: Furnaces in blast, end of month:

Capaeityf____ _ __ short tons per day --~ NumbPr ____ _

Prices, whol<'sale: , ~~~1rp~~~;~ey_furnacc) :::dol. per longd~on::_l

1 Foundry, No.2, northern (Pitts) ___ do ___ _ Prodnctiont ________ thous. of short tons ..

Boilers and radiators, cast-iron: Boilers, round: I

Production___ _thous. of lb .. Shipments__ __________ _ ___ do I Stocks, end of month _________________ do _

B~~~J~~{i~~~~~-- ______________________ do_---Shipments ____________________ --- .. do ... -j Stocks, end ofmonth _________________ do ... .

5, 6i:-! 0

24, l\)5 21, 100 :J.O%

17'i

:n

75,840 63, 138

78 .. 5 62, 115

HS, .1fl5 202

2:l.co '23. \15

:!;). ~H -l. 1VS

I, 920 I. 222

12,391

22, 5i9 13,086 99,040

Gil, :101 234, i16

6, 740 273

36. 97

4, 242 0

25,967 22,087

3, 880 237

·13

34,901 42, lfi3

51. 7 43,9:15

106, 0-lO 1.57

22. 50 23. 15 24. S9 3, 311

1, 648 1, 207

11, 935

20, 616 11, 214 88, 593

6fi3. 980 206,928

5, 096 29

36.83

4, 088 0

21,862 18,412 3, 450

1117

42

35, 730 39,881

48. 7 42, 975

104, 075 152

22.50 23. 15 24.89 3, 270

I

I 1, ()()2 1

1, 079 . 12,454 1

18, i90 9, 25:3 '

98,121

fi12. 906 221,1.12

G, Hi4 482 33 1 1S2 16 56 242

36.691 37. 33 3:·. 69 37.63

3, 935 465

18,106 15, 155 2, 951

257

36 I

35, 290 40, 529

50.1 41,975

i

I

4. M6 i, 245

19, 603 Hi, 717 2, 886

175

63

35, ,of>3 37, 511

4.1. 2 40,919

5, 213 9, 487

23, 516 20, 428

3, 088 162

51

36, 503 34, 700

42.7 33, l23

106,395 i 119,91 ~,~ 1 13J,:Io0 1.11 - !82

22. 50 23.15 24.89 3,137

2, 292 1, Iii i

13,565 r

22.50 2:l. 15 24.89 3, 514

2. 7.)-t I, 3:l4

14,923

17, 900 20, [122 10, 9.)3 12. 024

105,043 ' 114,032

22.50 23. ],) 24. 8() 3, ~\19

1. !;97 I, (;J3

15, (109

18, (·98 14, li6

117, '75

5, .524 10,383 28,244 24, 608

3, 636 249

39

45, 025 38,872

4o. 7 34, 226

131,760 187

22.50 23.15 24.89 4, 054

1, 449 1, 698

13.477

17,352 22,916

112, 369

37.70

5, 701 10,480 32,935 28, 708 4, 227

194

98

52.994 48,926

58.8 43, 216

137, 500 190

22.50 z:J.15 24.89 4, 238

1, 848 2, 732

13,873

26,185 31, 100

107, 267

37. 92 38.07

5,672 9, 935

37,090 32,432

4, 658 164

49

53, 079 49, 804

61.4 45, 943

140, 620 193

22.50 23. 15 24.89 4, 177

2, 371 3, 851

12, 513

26,340 40.342 93, 029

6, 0.51 10,009 41,125 36, 280

4, 846 265

40

71, 129 62, 293

75.0 61,161

1-14,290 196

22.50 23. 15 24.89 4, 446

3, 598 5, 145

10.750

32,701 43, 767 82, 205

788, 176 74,349

980 252

38. OS

5, 973 5, 341

41,712 36, 925

4, 787 229

61

64,612 57, 717

71.2 56,321

148,000 201

22.50 23. 15 24.89 4, 403

2, 416 2, 451

10, 622

23,788 26, 059 80,064

805, 158 ()9, 980

J, 064 48

3S. 30

G, 17:3 u

3t), 013 :ll. 792

4, ~~1 li4

.19 I

6G, f\1)5 60. 1,),)

74. 2 I r,o, 127

141), ;i·o 20~ .

I 21.90. z:t 1.1

~\i~ i

!, 9:34 1. SS4 '

11. 0~1 i

1~. 9f).1 IS, 541 >iO. o>()l !

()98, 8.~~ 4.\ o.~)5

420 17

36. 38

t>, ~:n 0

2ft, 794 21), lfij

3, f\2i 155

!.)

61, 0~9 68, 7·12

83.6 65,881

n . . 50 '23. 95 2f. i:o9 -L fifi4

2, 071 1. J\08

11, fiS7

~:J.H:J It ·:~; 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 I 1940 11941 gether with explanatory notes and references --- ·-----.------ ---to the sources of the data, may be found in the Ft•bru- Febru-1 March I April I May I Ju e I July I August I Sep- I October I Novem-J Dt•ccm- Janu-1940 Supplement to the Survey 1 ary ary " n tember ber bcr ary

___ , __ - ----·

METALS AND MANUFACTURES-Continued --------------------------.--~----~---~--~---~----------~--

1 I

·---,-------,-----------, ---

IRON AND STEEL-Continued

Pig Iron and Iron Manufacturers-Con.

Boilers and radiators, cast-iron-Continued Radiators, ordinary type:

Production .. tho us. of sq. ft. heating surface __ Shipments._. ________________________ do ___ _ Stocks, end of month _________________ do __ _

Boilers, range, galvanized: Orders, new, net __________ number of boilers __ Orders, unfilled, end of month. _________ do ___ _ Production. ____________________________ do ___ _ Shipments. __ . __ .. ____________ .do ___ _ Stocks, end of month __________________ do. __ _

Steel, Crude and Semlmanufactured

Castings, steel: On!Prs, new, totaL ______________ short tons __

Percrnt of capacity __ Railway specialties._ _.short tons __

Production, totaL _________________ .do ___ _

RPc

1 recut of ~aplt~city __________ sho-_rt-_t_o.ns ...

at way specm tcs. _________ _ Steel ingots and steel for castings: t

Production. ____________ tho us. of short tons._ Percent of capacity ____ _

Bars, steel, cold-fmished, carbon, shipments short tons __

Prices, 'vholesale: Composite, finished steel ________ dol. per lb .. Stm•l billets, rerolling (Pittsburgh)

dol. per long ton_ Structural steel (Pittsburgh) _____ dol. per lb __ Steel scrap (Chicago) ______ dol. per long ton _

U. S. Steel Corp., shipments of rolled and_ finished steel productst. _tho us. of short tons

Steel, Manufactured Products

Barr<> Is and drums, steel, heavy types: I ~~~,j~',:t\:~:illc_d, end of Jnonth.:: ~~~-~~~~~d~::

Pcrcn1t of capacity _______________ --··- ____ -· Shipments ____________________ .thousands __ Stocks, end of month________ _ _____ do ....

Boilers, steo1, new orders: Area _________ _ Quantity __ _

Furnitnrr, steel: Ofllcc furniture:

thous. of sq. ft. _________ number_.

Orders, new __________________ thous. of doL_ Orders, unfilled, end of month ______ do ___ _ Shipments. ________ ---·------------_ .do. __ _

Shelving: Orders, new ____________ .. __ --------.do ... . Orders, unfilled, end of month._ ..... do ... . Shipments ____ ___ _ __ do __ _

Plumhing and heating equipment (8 items), ·wholesale price ______________________ dollars

Porcelain enameled products, sbipmcntst thous. of doL_

Sprmg w~shers, shipments • _____________ do. __ Steel products, production for sale:t

TotaL __________________ thous. of short tons __ Merchant hars. _____________________ .do. ___ , Pipe and tube _______________________ do ____ 'I_

f\~1~~~ :~,~f~l:: :_::::-:::::::::::::::::: 3~:::: Percent of capacity ______ ----------------

Strip: Cold rolled __________ thous. of short tons __

6, 744 4, 891

25,393

80,583 50,777 74, 113 75,421 37, 91G

fl, 2.10 97

. 021\5

34.00 .0210 1\l. 25

1. .14R

27(\ 1. 035 54.6

1,0-11\ .1)2

1. ,544 X50

3, 852 4,102 3, 31)8

940 S2H 890

4, 3\l:l 303

Hot rolled _________________________ .do. _________ _ Structural shapes, beavy _____________ do __________ _ Tin plate _____________________________ do ___ _ Wire and wire products __________ ... do ___ _

Track work, shipments _____________ sbort tons __ l 7, 973

NONFERROUS METALS AND PRODUCTS

Metals Aluminum:

Imports, bauxite_____ _ ____ .long tons __ Price, wholesale, scrap, castings (N.Y.)

dol. per lb .. Bearing metal (white-base antifriction), con­

sumption and shipments, totaL thous. of lb._ Consumed in own plants _______________ do_, __ Shipments. ___________________________ .do ___ _

Copper: Exports, refined and manufactures§

short tons __ Imports, total§ _________________________ do ___ _

For smelting, refining and export § ___ do ___ _ Product of Cuba and Philippine Islands §

short tons __ All other§ __________________________ .. do ___ _

62,051

.1397

2, 667 529

2,l:l8

18,095 23,684

ll. 693

1,842 15,149

5, 530 3,135

24, 222

55,026 24,532 66, o:;g 66,580 36,253

40,913 35.0

10,472 67,454

57.6 28,506

4, 527 70

46, 277

. 0265

34.00 .0210 15.75

1,009

335 803

46.2 809 36

558 411

2, 200 1, 286 2, 264

481 444 479

234.38

3, 309 173

6,898

54, G51

.0925

1, 749 429

1,321

40,745 30,538 28,698

1'gi~ I

5, 701 3,195

26,829

55,339 19, 161 59,319 60, 710 34,862

36,612 31.3

7,182 58,404

49.9 22,847

4, 390 63

4.5, 405

. 0265

34.00 . 0210 15. G9

932

243 852

49.0 854

34

7()1 526

2, 097 958

2, 424

475 368 552

236. 57

3, 413 188

1 9, 886 1 959 1 846 1 870 1 527

I 2, 324 I 71.8

l 177 1 309 1 537 1 nn9 1 793

8,446

53,024

.0913

1, 955 514

1, 442

39 273 22:554 22, 485

G6 2

5, 670 I 6. 579 5. 697

1

3, 626 4, 539 4, 670 28,896 3o, 971 31,913 I 51, 062 72, 725 75, 427 1 18, 507 23, 048 31, 1.18 51, 012 68, 816 70,452 51,716 G8, 184 67,317 34, 158 34, 790 37, 925

41, 353 35. ;;

8, 849 52,078

44 .. 5 17,017

4,101 61

44,621

. 0262

34.00 .0210 15. 33

908

2351 951

54. 7 949 37

878 630 1

2, 219 II

1,169 2,008

494 363 499

236. 8G

3, 620 170

2,814 236 256 245 ll\5 580

54.3

' 52 I

11 I 174 235 236

7, 654

33, 449

. 0863

1, 664 475

!.loS

25,494 30,550 28,134

2,101 314

50,346 43. 0

12,967 50, 0:14

42.8 15, 137

4. 967 72

43,654

. 0265

34.00 .0210 !G. 88

1,084

292 930

53.5 916

51

1,%6 809

2, 119 1,186 2,102

594 447 510

236.78

3, 594 173

3, 287 266 295 281 146 716

65.9

45 99

210 248 274

7,276

43, 110

.0865

1, 923 363

1, 561

35,422 28,532 27,953

10 569

59,661 51.0

20,764 50,651

42.5 14,483

5, 660 85

44,474

. 0265

34.00 .0210 18.19

1, 210

377 1, 098 G3.1

1,102 47

I. 761 1, 007

2, 236 1, 262 2, !GO

547 4i2 522

236. 75

3, 1.591 158

3, 550 326 325 317 131 749

71.2

56 104 234 244 300

G,075

44,923

. 0860

1, 9661 505

1,4GO

36,236 23,041 14,335

1, 197 i 7, 509 I

4,817 6,486

30, 108

85, 139 38,194 77,879 78, 103 37,701

67, 035 57.3

20,770 57,763

49.4 17,993

.5, 727 83

52, 99\l

. 0265

34.00 . 0210 17.35

1, 297

350 1,081 62.2

1, 075 53

1, 680 1, 214

2, 373 1, 385 2, 249

602

~~~ I 236. 75

3, 413 174

3, 964 367 357 359 128 812

73.9

GO 104 286 239 328

6,063

45, 117

. 0902

2, 238 I 620

1, 619 I

38,512 22,635 17,969

481 4,185

7,147 8,193

29, 168

64,831 27,315 76,467 75, 710 38,458

71,734 61.3

26,873 66, 355

56.7 21,292

6,187 89

57, 791

. 0265

34.00 .0210 18.03

1, 456

436 958

55. 1 964 47

1, 275 I, 098

2, 240 1, 286 2, 339

541 493 545

237. 28

3, 925 195

4, 415 455 347 385 130 915

82.3

72 110 331 244 353

6, 480

56,789

. 0838

2,348 876

1,472

62,393 35, 159 2G, 446

214 8, 499

• Hcviscd. ' Quarterly data; monthly reports initiated Apri!1940. • Data are for 7 manufacturers beginning January 1940.

6, 415 9, 436

26,087

73,821 32, 119 68,522 69,017 37,963

83,545 71.4

28,018 64, 122

54.8 21,152

6, 057 91

. 0265

34.00 . 0210 19.22

1,393

700 1, 305 75.1

1, 298 54

3, 726 1, 557

2, 601 I, 495 2, 392

639 498 634

237.14

4, 050 196

4, 213 423 371 368 93

919 86.3

70 121 311 193 33\l

5, 496

46,850

. 0855

2, 118 560

1, 558

15,658 40,710 27,4\18

25 13,187

8, 454 11,769 22,805

106,716 42,094 97,266 96,741 38,488

112, 327 96.0

49, 349 83,938

71. 7 31, 811

6, 644 96

. 0265

34.00 . 0210 19.75

1, 572

431 1, 520 87.4

1, 534 40

1, 708 1, 221

3, 323 I, 728 3, 090

797 599 696

237.27

4,895 229

4,670 475 401 430

79 1,069 96.8

86 147 362 189 382

5, 505

53,357

. 0894

2,691 643

2,048

38,829 43,044 24,610

1,415 17,019

8, 042 8, 9.52

22, 103

75, 369 35,220 80,371 82,243 36,616

94, 929 81.1

27,718 81,192

69.4 32, 066

6, 470 97

. 0265

34.00 . 0210 20.06

1, 425

402 1, 457 78.9

1, 455 42

I, 722 1, 026

3, 336 2,181 2, 884

718 f552 665

237.31

4, 030 233

4, 480 444 377 430 114

1,047 97.4

83 138 374 200 350

5, 733

50, 158

.0904

2, 373 (\22

1, 751

17,903 32, 790 20,507

799 11, 484

6, 24.0 6, 537

21,831

70,989 38,795 72, 24.5 67,414 41,447

115, 343 98.6

40, 154 85, 810

73.3 33,932

f\, 494 94

.0265

34.00 . 0210 20.1)0

1 .. 545

48G 1. 452 77.8

I. 442 .52

4. 3.07 2, 983 3, 583

844 G5H iUO

237.31

4, 2.56 248

4. (\191 437 :l84 443 131

1,050 9,), I

89 139 331 203 374

7, !.51

97, 1)68

. 0970

2, 2fJ() lil4

1, f\X2

13,3\15 25, 94.5 12. (\4R

2. 014 11.283

7, 244 5, 839

23, 4Gl

89, 748 45,615 80, 705 82,928 39, 22·!

110, 579 94.5

34. 88i 94.409

80.7 35, 397

6, 943 97

02{i.5

:l4. 00 .0210 20.00

I. 682

369 1,454 76.7

I. 444 (;3

2. 210 994

:), 787 3, GIS 3,152

924 779 804

237. 27

1.4% 281

4. 86:3 519 409 431 1.50

1.122 101.0

9S !53 363 209 409

6. 835

86, 97H

. 1039

2. 5GO 507

2, 053

22,382 27, 357 19,120

2(1:;

'· 034

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

1941 Monthly statistics through December 1939, to-~1941 I l!HO gether with explanatory notes and references --- ---- , - ---·---~--

to the sources of the data, may be found in the Fehru- Fehru- I' March I April I ;\Iay 1' June I July 1940 Supplement to the Survey ary ary

-~---~--~---I

Au t I Sep- I October I Novem-1 Decem- 1 Janu-gus tember ber her I ary

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

Production: Mine or smelter (including custom intake)

short tons Refinery .. _____________ ........ ____ .. do .. ..

Deliveries, refined, totaL, ............. do .. .. Domestic. ___ .. ____ .. ____________ .... do. __ Export__ ________ . ___ . __________ .. _ ... do ... .

Stocks, refined, end of month .......... do .. .. Lead:

Imports, total, except manufactures (lead content). __ . ___ ... _____________ .short tons ..

Ore: Receipts, lead content of domestic ore .. do. __ _ Shipments, Joplin district1 .... _______ do_ ..

Refined: Price, wholesale, pig, desilverized (N. Y.)

dol. per lb ..

1 Production from domestic ore .. short tons .. Shipments (reported)-------- ......... do .... 1 Stocks, end of month _______________ .do .. ,.

Tin: Consumption of primary tin in manufac-

tures~~--- _____________ long tons_ Deliveries (includes recxports) ......... do .. .. Imports, bars, blocks, etc.§. ___________ do .. .. Price, wholesale, Straits (N. Y.) .. dol. per lb .. Visible supply, world, end of mo_ .long tons ..

United 8tates (excluding afioat) ______ do .... Zinc:

Ore, Joplin district:, Shipments . ____ .. __ .. __ .. ____ .. short tons .. Stocks, end of month _______________ .. do __ _

Price, wholesale, prin1e, western (St. Louis) dol. per lb ..

Production, slab, at prhnary smelters: short tons ..

Retorts in operation, end of mo _____ numbcr. Shipments, totaL .. ____________ .. short tons .. Stocks, refinery, end of month _________ .flo ....

I Miscellaneous Products I

B~~'\i~~~e~ro~~~ -~in~~ts_ a~d ~il~e:~s:hort tons. -1-0rders, unfilled, ewl of month _________ do __ _

Sheets, brass, wholcsale price, mill .dol. per lh. -I

0. 1179

79,093 93, 65·1

112, SHl 112, 808

11 97,689

14, :J21

. 0,,60 47,764 54,859 41l. 604

12,19.5 9,836 . 5140

44, 107 i, 489

33,296 7, 091

. 0725

55,414 59 688 59:220

4, 962

3g, 253 . !U.S

0. 1115

76, 145 82, 761 72,809 63, 21;)

9. 594 145, 393

35, 937 3, 110

. 0.508 40,.564 39, 176 72, 658

5, 610 6, 600 6, 499 '4594

3:3,148 2, 078

2~. 026 :l, 551

'0553

53, 387 47, 188 51,050 65,869

fi, 799 17,500

.183

0. 1116

85, 796 80, 29.) 71. 893 64, 371)

7. 517 15\), 795

4, 787

37, 949 3, 89~

. 0.519 44, 783 40, 353 74,092

5, 540 9,244

10,334 . 4709

32, 339 2, G35

29,393 4, 798

. 0575

56, 184 49, 744 49, 909 72,144

t>, 134 14, 01R

.183

o. 1109 ! 0. 1108

84, 36G 80,904 71, G39 68, 61)5

2, 974 169,120

2, 866

37, 963 3, 705

.0571 31,192 46, 496 63, GlO

5, 900 7, 855 7,886 '4682

32,149 2, 964

31,424 5,454

. 0575

53,0.\5 49, 805 46.803 78, 396

6, 735 1-!, 034

.183

82. OS2 Sf), 029 iH, 485 09, 467

7, 018 178,661

7, 404

40, 196 4, 474

'0502 37,918 41i, 919 62,955

6, 360 7, 905 7, 982 . 5148

30, 562 3, 677

41, 183 5, 851

. 0580

.II, 457 48,989 57. 224 72, 629

7, 056 21,475

'183

0. 1113

79, 8·1.} 8G, 077 G5, 155 Gl, 716

3, 4:l9 199,586

31), 957 3, 5;\8

. 0500 34, 041 49, 904 55, 343

6, 420 9, 225

11, 011 '· 5454 31, 8(;9

5, 300

33, 530 9, 201

.0624

48,213 i6, 577 53.935 '36, 907

7,181 !2, 287

.185

0. 1056

79, 327 ~0, 2~·1) j4, /.J8 71, 226

3, 5:l2 215,823

16,581

3G, 988 4, 393

. 0500 35, 343 52, 560 47, 3GO

6, 370 7, 325 9,185 . 5159

38, 73G G, 567

44,323 7, 098

. OG25

52,098 47, 54.5 .37, 606 61,399

6, 898 21,695

.18G

0.1071

79, 967 80.851 97, 719 96,383

1, 336 198,955

10,230

37,759 2, 878

. 0485 36,851 51,643 43,321

G, 650 12,470 12,926

. 5118 38,040

6, 583

35, 116 8, 842

. 0639

51,010 50,715 64,065 48, 344

8. 076 17,823

.183 Wire cloth (brass, bronze, anrl alloy):

Orders, now __ ...... _________ tho us. of srt. fL ·1 70~\ :363 350 3S2 :\41 GOG 469 521 Orders, unfilled, end of month .... ____ .do .. __ 1, 317 1. 216 1, 073 1. OO;i 1, Oll 1, 121 1. 099 l, 033 Shipments ________ .. ___________________ do.... 4S4 47n 489 4-IS 4\Jfi ,,15 489 ,\3fi Stocks,endofmonth __________________ do .. -1 696 627 G21 6!J.1 71o 693 70!1 fiil·l!

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 Blowers anrl fans__ _____________ t~~~-us._o~~lol::ll (!) _1,_:11__ nlO (1) ~ __ (:) ___ j

Unit heaters -----------------------.do.. .1 2.3·!rl I ------1 \\'ann-air furnaces, winter air-conditioning - I -

1 1

systems, and equiprnenL ____ tlwus. of dol._[ ~- (), 79L I

El6;;!,~~s~~~':,",~~ca~~er~n~s:_ ----- ------ do--! 2.2~ll 250-, 520 7Gl 2-.·4~-9,~-90.4--~-- 957 j Orders,unfilled,endofnwoth __________ do ____ , ll,O:H 1,7431 1,71l9 2,Inn 2,744

1

1

E~~~rt~(.~~~~~~(~i,ler~-~--csee-io-r-ei~iltra~!·e-_~Io ____ i 1' 102 670 I 391 33-~ I 613

Foundry equipment:t ' 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 ~~~~i:~~ip~ner~L---~~:::-- --- ---- :l~ :::j ~~:~:;: m:0 m ~ i~~:~ ~~ :~h:~

Fuel equipment: Oil burners:

Orders, ne\v, net_ _________________ rn_r_n,l1h0

e_r __ i, 16.~28 11,2:1~) 1?,·~~3 15.SS9 1~. L1l lfl,f)7~ :28.00':' I 3:2.772 <_lrders, unfilled, end of month_ .. _ 10 .. 190 2, 71;~ -· ''u 4, 3~3 4, 700 5, \Js;, o, \171 s, 202 ;-.;hlpments___________________ .do -1 Hi.mn n,.'"J:.?2 1~.z~~ u,3\H 17,S2il I:-.;,3s7 22,019 31,.1-U Stocks, end of month._______ _ <lo .I Hl, 941 1.\ G72 lh, 1 ,).) 10, (),1f) HI. z:w Hi, ;)1/7 2;), 400 :22,870

Mechanical stokers, sales:

0. 1130

78. 238 82, 843 96,485 96,485

185, 313

10, 739

35,916 3,688

. 0493 41,528 53, 456 41,292

5, 800 11,410 14, G04 . 5032

39,450 I 9, 438

34,250 10,452

. 0692

52,869 53,164 67,650 33,563

8, 706 31,363

.187

43.j I, 03\J

423 i5l

(!)

·'· 836 3, 8·15

14, GGS

798 3, 271

282

161.2 lf)2.0 15S. 6

41, s~~r~ s, G07

41. 490 19,1117

54 Pulverizers, orcters, ne\v_____ __do ___ 11 GG 20 :2.) :33 30 20 471 38

8t~~~:~!·a~iclt~~3____________ _ ____ do ---i .J,.tnS :~ .. G.S-l 4,31~ G,-HJO S,25G 9,837 16,565 1 23,117 30,951

Number--------------------- .I 177 U\J 111 12tl l(il 213 275 I Horsepower .. __ . _______ .------- -------1 42,o!O 38 .\!Jl 30.177 ~9,1i77 4'' 'l:J'' 35.508 58,·!2o i

Machine tool actiYityt .... percent of capacity_ 11 ~12. 9 U3. 4 03. 4 "u~: 5 112. 3 s~ 3 1

Pumps and w3.ter systems, domestic shipments: .. I

Power pumps, horizontal type ________ do____ 849 fiG2 l. 214 82\l ~04 92S 8o3

3,52 58, 411

93.3

38,409 247

21,503

386 80, 817

91.9

33,637 90.5

18,557

0. 1183

86, 911 83,076

103,771 103, 771

164, Gl8

27,739

38,641 4, 485

. 0531 39,228 62,496 35,386

6, 230 11,820 10,116 . 5149

40,631 6, 623

43,269 11, 553

. 0725

56,372 53.979 65,713 24, 222

10.093 34, 221

.192

570 1, 094

,\!6 7~J3

1. (),)i

4, 109 G29

2fH. 0 2'\4. H 201.8

~1. 029 9, (j,j6

40, 5~0 IH, or.o

30

25, 180

410 80, 4 24

96.8

:J~,G:H 874

18,688

0.1180

84,283 9tl, 283

102, 483 102,483

158,418

19,084

36,400 3, 446

. 0573 45,089 57,510 35, i91

6, 220 12, 505 10, 327

. 5056 40. 04G

4, 362

29, 538 17,045

.0725

56, 459 55,288 62, 295 18,386

10,232 32, 017

.192

456 1, 066

482 804

]. 497 5; 087 I

610 i

251.2 27R. 8 188.7

22. 705 7, 5()2

24,1\J\l IS, 415

52

10, 59G

219 45, 487

95. 4

30, 134 901l

15, 477

i

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 \Vater systems, includingpumps _______ do. ___ lG,io:~ 14,718 lG,U!/0 1 20,971 ~2,UU~) 2),415 )9,113

1

1 Pumps, steam, power, eentrifugal, nnd rotary:

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

0. 111)0

85, 135 97. 03.5

112. 681 112, Gil

10 142.772

19,205

38, 847 4. 079 :

'0350 47, 208 55,75.5 40,926

6, 210 ' 9, 3.5S j

14,504 i .5011

44, G78 9, 179

40, 975 3, 900

0. 1182

'83. 280 r 93, 840 119, 758 119, 73fi

22 11G,854

19,707

38, 433 4, 652

. 0550 54, 658 .55, 711 47, 248

6, 590 p i60 r2: 055 ',\016

44,719 9, 442

42, 163 5, 597

. o725 I . o125 I

59, 8831 59, 156 55, 2,8 ' 58, 000 65. 3~.1 63, 272 12, 884 : 8, 768

10, 5(}j 29, 4tl2

. 1\13

433 H7.~ .518 763

(!) f\, 69R o,m,6

15, 1G':I

4 1-0 •

8: s6~ 825

257. 8 276. 1 I

203. 2

17. Olfl

"· 043 111, .13.)

16, ""ll 44

R, 103

2.14 51. n1 l

91J. 8

20, ~13 909

11, 511

4, 042 '

12.429 35, 139

. PJ5

704 1,105

,)72 1180

(1)

2, f>40 10, 174 1, 000

2'S.1. 3 301.8 2:J,O, 8

U', 513 10, C\.\3 10. 20:l 1~. 027

4~

,\, 330

171 .sr.. 011

V7. 8

·11. 332 887

19, 6GG

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

Monthly ~tatistics through December 1939, to- ·1' l9H I gether with explanatory notes and references --­to the sources of the data, may be found in the I Febru-1940 Supplement to the Survey ary

-~-------·--

METAI>S AND MANUFACTURES--Continued

51

•;u;CTRICAL EQUIPlUENT ---~ -----------~------~~------

1~ ---c-------------

Battery shipments (automotive replacement only): I I I

Unadjusted ___________________ 1934-36=100.. 101 55 1)7 i:l I 91 I 130 186

D~~1-~f~t~~~ri1ii-ar1ces:sai0stit!e<l:--------do ---1- 159 90 123 132 133 135 139,

Combined index, excluding refrigerators:* I Unadjust<>d indcx_ ______________ l936=100 .. -------- 128.4 143.8 I J3.t9 140 3 114.5 i 101.8 102.5 Adjusted index _____________________ do ___ -------- 137.6 109.0 [ 103.8 ll4..5

1

104 01 104.3 IOU Ironers, housclrold _____________________ units __ t 20,492 10,183 12,048

1 11,9'H 10,590 8 .. 571 I 11,4G4 13,848

Ranges* ______________________________ do ____ 51,790 32,998 39,6431 4:l,:l0s 42,983 33,403 29,62o 29,128 Refrigerators ... _______________________ do ____ P3,)8,335 280,980 298,23.~ 33\l,ti\l:l 385,688

1

1 328,950

1

218,538 20fl,418 \'acnumcleaners,floortype ____________ do ____ 129,302 •l!G.606 147,120 I 1:39,7{;8 143,836 120,200 74,.065 H7,R20 Vacuum cleaners, hand type ___________ do ____ i 34,696 28,324 I

14391.·2,

3009

1

, 30,441 30 OGO 2!,0:l7 1 20,0-!5 23,017 Washers, houschold ____________________ do ____ , 15.), 546 142,318 I 135,17U 118,987 112,134 I 116,422 147,878

E~e;~~:~~~i~f';,~~t~tr~~ls, sales billed.. .1936= 100 _I- 110. 4 ll3. 7 i 112. 8 1!2. 7 ! 107. 0 I 113. 8 126. 5 Motors and generators, new orders ___ .. do __ __[ 97. 9 115. 9 1 107. 1 117. 2 ! H\0. 9 ! 155. 0 140. 6 Tramnnission and distribution cquip1nent, I I '

newonlers ______________________ 1930=100 __ 1 132.8 133.8 127 7; 126.0 I 181.9

F1f~~c':': _cl~c:r:~·-i~~-~~t_r!a:·~~:e~: _kilowatts _ 21, 508 5, 634 7, 802 4, 3fl~1. 71 1

! 4, 905 i 5, 381 Valne __________________________ thous.ofdoLI 1,719 324 557[ 407

1

1 476

liO. 2

5, 2!1 421

!

159. 6

.5, 137 372

207 133

112. 2 112. 2

21.007 32, 11\7

112, 309 ]().~ •• 564 30,3.59

149,002

123.9 161.3

119.6

18.847 l, 049

208 123

122.3 130.2

23,282 :34. 714 88,187

114, 699 38, 270

158, 527

147. 7 254.3

230.7

16, 9()5 1, 341

Electrical goods, new orders (quarterly) I _1i1

__

thous. of doL.~- 238,846 I ______ I 268,120 Lamiuatcdproducts,shipments __________ do____ 2.:no 1,173[ !,306 I 1,320 I 1,308 1 1,325 i,-313"1-- 411,595 !--

1, 408 1, 454 • 718 Motors (1-200 hp.):. . _ I

2, 693

,I

Polyphase mduetron, b!lhngst_ ________ .do._--~- 2, 68tl 1 2, 857!' 3, 126 3, 000 Polyphase induction, new orders~ ______ do ____ -- 2, 679 2, 958 •

1

3, 013 3, 039 3, 186 Direct enrrent, billings _________________ do ____ l- 775 860 81.> 830 866 Direct current, new orders _____________ do ____ l- 622 803 6V2 946 1, 703

Po\vcr cable, paper insulated, shipments:

~~\~;.::·::::::::::::::::::::::jiJ~:i's~~f0d~L! U~i ~~l ~~6 II m I ~5~ ~£~ Vulcanized fibre;

Consurnptionoffibrepaper ______ tlrous.oflb :II ~.012 2,3561 2,3!18 I 2,5561 2,20.5 l,U99 Shiprnents _____________________ thous. of dol 838 589 1 539 I 537

1 554 458

:l, 083 3, 345

914 1, 437

3, 280 3, 207 3, 703 :3, 536 3, 693 4, 731

915 I, 008 1, 212 1, 240 1, 371 2, 674

757 1, 253 I 1, 154 891 I 998 1, 463

1 1, 163 1, 110 I

2, 449 I z. 443 2. 373 2, 582 \

198 142

91.1 128.6

18,92.5 25, 248 7\1,815

112, 297 39, 376

100,787

148.2 223. g

214.2

12,228 1, 043

------ -! 1. 812 1

3, 5241 4, 628 1

1, 2971 2, 209

586 739

2, 742 I! 716

160 102 142 128

88.4 !H.:l 128 .. 5 181.3

n, 191 ' 20, 986 24, 620 1 5o, 516

115,236 i'3i6, 214 125,037 1 117,408

31i, 274 I 30, 177 92,474 ! 1:33, 411

164. 8 I 187. 4 '262. o I 220.6

219. 81 269.0

31,866 1 10, 516 I, 766 I 924

514,816 2,023 2, 123

4, 358 4, 121 6, 397 4, H3.5 1, 412 1,:399 2, 065 l, 8G2

9\18 1, 083 1, 167 1,172

2, \IS! 3, 088 80.5 926 556 I as1 599 714 I

------------------------------------------~---------------------------------------~----------PAPER AND PRINTJNG

---------,-~-0-0_D __ P_U_I_,_p __________________________________________________________________ ~------.-----~----,,-----

Consumption and shipments: • § Total, all grades _________________ .short tons

Chemical:

::~§1~~~~~!~~~:~ :~ :~: ~:~: ~ ~ ~: ~jf: ~ J: :::::::: Sot !a ______________________________ .do 42, 900

Ground wood. _______________________ do ___ , ________ _ Exports,total,allgradcs*- ______________ do ___ '

1, 24,870

Imports, total, all grades* do 69, 821 Chemical:

Sulphate, total* ___ _ Unbleaehed* ___ ....

SulphitP, total* ____ _ BleachPd* _ Unbleached* .. __ _

GrotlTHlwood,_ Production:§

Total, all grades (')wmieal: ~ulphate. total__ __

UJJilll'tWhi..'d .... Sulphit<·, toLd_

llkaclml _____ _ Soda_

GrouJHhvood_ .... __ StoC'ks, ('n(i of month;§

'l'otal, al1 gr:Hi<'S _ C!wmical:

_do. ______ do ____ , _____ do ___ J

:::::~g:::·! . ____ do ___

1 ___ do

_ ____ do_ <lo

_ ____ do •lo

__(10

tlo

... ______ do

Sulphate, total.__ _ __ do l'nbh':wlwd. ____ do

SulphiV·, totaL_______ do Bleached___ _ __ .do

Soda. ___________ _ __ do Ground wood.__ __ _ do

Priu•, sulphite, unbleached .... dul. rer 100 lb

PAPER

Total pap<>r, incl. newsprint and paperboard:! Production. _____ ---·--------- short tons .. 1

Paper, L'XCL newsprint and papcrboard:t Ord('1':3, new__ . _ _ _ _____ .short tons. Production____________ . ____ do __ _ ShiplllL'nts___ ..... do_

J:J,65\J 8, 001

45,504 28, 227 17, a27 9, 495

7. ()()()

:L 4ii

fJ62,100

271,500 23:l, 500 1\!11. 900 l29, 000 :3~. 600

1ii2, 200 27, 333

lfl~,827

47,197 38, 750 96,109 :l:l, 610 62, 411!1 H, 72:l

liGl,-W-1

'27'2. 7:~o '2:1:2. 1 ~}7' l:?!i,l\5.=) ; ) ~!' ,'") l.S

Iii·!, a:H

1-l/ . .'")(10

1S. fiOO i w,-loo I ."\li, ;)(}{) i fl~. ()()() '

(), ,')()0 :

:Jn.:wo 2. S5 I

082,000

279,000 239,100 20-l, IOU 127,000

411, \KlO !iii, -lOU :10. o~4 'i3, 915

21,030 13, 411B 44,173 22.836 21, 3:36 ' 7, f}l)-1

r;~w. 1 no 271.(, Oil2 '!:1S.-I1M

2.~ I,~~:~ l.d.;)J,, ·to. (I ~2

]();), 312

lfi2, ()0(/

17, noo H, /00

n:~. 7oo f) I, tiOO , li. ,')00 :

LL ~uo ~- s.~

717, :JOO

2S7, HOO 245,900 222, 4(~1 14-1, .500

41, 80() 165, 100 37,417

10\J, 986

30,856 2-1,889 fl5, o:J5 :l-l, OGS 30, 9G7 J:l, 403

72(), 17.1

2'"1. U21 2·Hi, li7:{ 210, 2(\f) ! no,twl I !t,WP I

ISO, 2!1,=)

170. ~HiO

17. liOO 10, :JOO )-:J,;i\)ll

r):.!, too fi, ·~(II) :

n;,, IOO 2. ~Jt)

775,400

:320,300 27n, :~oo 2\l!, uoo 145. 100

fiO. iJ(IO l7:l,HOO 57, 92:l 81,315

11,815 fi, 609

50, 04G 20,822 2:3,22:3 18, "1-10

i":7, 043

32L !122 277, ()fi:~ 221i, (i:3.) 142, KO:L

,t,._,, 0S5 lD!,Otll

HJ,IJOO' II, :JOO lfi, !iOO HI, ~i)l)

1,0!10 K:!, HOO

a. 1:; :

749,000

315,700 265,800 221, 800 140,900

"17, 901) 10:1. 500 40,864 93,3.58

17,817 13, o:.s 53, 349 30,29-1 23, 05fl 21, 13S

74 t, IJ77

at1.o~n 2fi4, 3SH 'HI 11""'1 141: ()7() ~s. 1 ·111

lfi2, fiG7 !

l ;'7, f)()()

1-l. -!00 u. ~}()()

77, OllO 4V, HOO :

t t)\l\) 81, 7011

:3. 34 1

89fl, 059 sn7, 889 . n:37, 032 t,o:w,7o8 uso, 385

36\1, 670 1 3118, S\lG i 4SU, nl 514, C83 171. 457 413, n31 405, s2-1 -1:n, JR:I ~ "179, 257 , 451, s9s :l93, 3.)2 :lUi, 5.5:1 -!21, 506 481. ~OJ 472,531

744,600

311, 600 261,800 230,700 145,100

-15, lOll 157,100 64, 702 86,426

11, 385 5, 546

54, 882 27, 662 27,220 19, 218

751,000

318,700 270,000 225,400 139,900 42,200

164, 700 GO, 379 83,610

17, 920 12,036 .)5, 318 31,376 23, 942

U, 557

718. s3a i ifil, 751

~~\~: ~l~ I 217, 261 I

1:!~· ~~:ll I -t.J, I~·

1·15. iW2

l.\1, SUO

12, CillO \1,200

~;;)\: ~~g 1

.1, 100 ' iO, 300 !

3 . .,l(j 1

95~. 374

398, 8f)l 4-\6.231 4!8, 0-13

l.:i2, ()()0

20,!100 !U, 3110 71, ()Ill) 4f"), tiOO

5, HtliJ 52. 100

3. 4G

979, 631

3\10. 325 410, 21H 428,306

693, :;oo 301,800 2.52, 700 209,900 129, GOO :lfi. uoo

144,600 32, 256 {15, 55-i

11, 2.)3 7, 062

40,188 21, 247 18,1141 13, 187

fi))H. 5D5

100. 31x 2GO, 21lS 211~. 2:Js 1:,!'-;, 1)1;) 37,092

l:H.Vli

1-:s, !JIIII

:JI, :Joo :!fi, ~100 m; .. wo 4-l. liOO

[). 8\JO -12,-100

3. 41)

867,691

379,447 3::)7, 255 3S6, 431

764,1500

343,300 288 800 211), ooo 128, ROO

42. fJOO 16S, 700 39, 3.59 68, 112

10,869 6, 515

43,509 I 25, 112 18,397 I 12.903 .

774.512

:H6,3-Itl 2112.182 22:3.951 l:JG, 70S -14. Oil\

HiO, 21-l I

747,000

331,800 281, 200 2Hi, 600 130, 100

37,900 !GO, 60 l

28,693 70,519

12, 521 7, 872

46, 423 27,390 19,021 10, 745

329, 792 ·rs 5S'J 2;;,: 103 121), lfl7

;:;'{, 801 175, U02

736,700

322,600 273,400 214,200 l2~. :lOO 44,7110

1.55, 3011 36, 627 70,686

14,438 8, 414

H,520 23, ii03 20,917 11, 030

n1,w:l

325. 331 27(), ~1;{\J 207. 102 122, ;i:lt ~5. :~7fi

16(), ~\Jl

15S,S00! !7-~,;-iOO: lKl,HI/0

3-1, -101) . :lo,:lOO: s3. :mo .

5~. ~;:~: ! ;{~{: uoo

3. 46

:12,300 I 27, ()()() i

Sl, 800 1

4S, f'f00 . ~.:wo:

41J. :!(){) I

3. -lli

3!i. lOIJ :H. 2110 17. 100 ' ·1:2, HOO '

s. uoo no. 20D

3. -lli

rl,003,97l r~Jttl, 442 :.~ !)0S,471

!,4;).1,059 !-424,0Gi! ·117,770 ! r.t.12, (ilO : r420, 810 ir t20,00;) : r432, 521 I r4l(i, 41\) 'r 41.5,ti25

r H.eYis<·~· P Preliminary. •Domestic pulp used in Jlroducing 1nil1s and shipments to markd.

780,300

341,400 287,200 223, 100 131,600

4fl. soo 16U, 000 2:), 501 72,493

15,671 10, 465 45, 907 25,859 20,048 10, 199

ROo, -JJO

:J5·l, 471 2HS, 1\12 225, 4\)4 l:1~,~!i~ ..t,},/l;i

17-l, 700

2112. lOll

-IK, 200 "!2, 200 so. 1110 li, 20() 7, .SilO

(j(j, 000 :J. 46

47\l, !)3.) l.JV, 912 4G7, 577

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 I 1940 1941 gether with explanatory notes and references --- --~--- --- - --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- I October I Novem-1 Decem- .Tanu-1940 Supplement to the Survey I ar, ary 1 ' 1 ·

1 " ' I 1 ' tember ber ber ar~

PAPER AXD PRINTING-Continued

PAPER-Continued

Book paper: a" Coated paper:

Orders, new-~------ ____________ short tons __ Orders, unfilled, end ofmonth. ______ do ___ _ Production____________________ __do ___ _

Percent of standard capacity -_1 Shipments _____________________ short tons

Stocks, end of month__________ _do __ -I

70, 107 S, .\32

1~. 9-19 1a. 4

IV, 2~11 II, G22

Uncoated paper: I 8~~~~~: ~~fiiJC'.i; ~il.i 01 ;nc,;;t!;-::::: 3~ : : 1 ~t ~~~ Price, wholesale, "B" grade, English finish, I

white, f. o. b. milL _______ dol. per 100 lb._ 6. 30 Production. ____________________ short tons __

1

10-1,071

Shipments. ___________________ short tons._ 107, 359 Percent of standard capacity_._.---------~ 86. 8

Stocks, end of month _________________ do____ Gl, 373 Fine paper: t .

Orders, new ____________________________ O:o _ 1--

~~~d~s~t~':,fill_c_d~~~-~-~~~~~-tl~~~::::· ~1~ :::i Shipments _________ -------------- _____ (lo ___ _!-Stocks, end of month __________________ do___ --.-

Wrapping paper: t Orders, new ___________________________ do __ Orders, unfilled, end of month ________ do __ _ Production ___________________________ .<lo ___

1

_

Shipments___________________ .do . Stocks,endofmonth_____ _ __ do ~--

Newsprint:

C'kn:goa;ts ______________________ do _ 1- - -Production __________________________ do ___ I 2!fi,G07

Stocks, at mills, end ofmonth ________ do _____ l.b, l.J, Shipments from mills ______ . ________ .do ____ 1

12~9, 742

United State.s: . 219 3

6', Consun:ptwn by pubhshers __________ do ____ l • •

~!~l~~l~~<N:-_~:i __ :_:_: ~-:-:~_0!:-I'_"~k~~r\r~f: i- -7~~7~8 Shipments from mills. _______________ do ____ l Ill, 241 Stocks, end of month: . ,

1-

!~ ::'Jg!ishers: :: ~~ ~~ -_- ~ ~ ~ ~ ~ -_ -_-_-_- ~: ~ ~~ ~ ~~ 1 2~~: I~~ In transtt to publtshers _____________ do ____ l ··

Paperboard: Consumption, waste paper_ __________ .. do. ___

1-- -------

Orders, new ... ______________ . ___ . ______ do ____ 1

--

0rders, unfilled, end of month._. ______ do ____ ,·-

P~~~~~~?~r cavacii;;·_-_-__ -_--_-_-__ -_-_-_- _--_ do:::: I Waste paper stocks, at mills ______ short tons __ ,

PAPER PRODUCTS

Coated abrasive paper and cloth: 1

P:~~f~~~dssiiirvini l:i0xes: ··---------.reams __ , Shipments, totaL ______________ mil. of sq. ft __

Corrugated. _______________________ . _do ___ _ Solid fiber ____________________________ do ___

1

(') (') (2)

PRINTING i B~!J'%~~~~t~~n_'_~~~al __ -_-_-_-_-_- ----~o~ o: -~dit.\~ns:: 1 ~i~ c,;:,~~~~~;i~~;m stationery ;r;.;,<: orders-- do .. - -r

169

thous. of sets _ 192. 228 Operations (productive activity) ___ .1923= 100 __

1

(')

Sales books, new orders ________ thous. of books__ 18,328 i

CRUDE AND SCRAP RUBBER

Crude rubber: Consumption, totaL ______________ long tons__ G1,016

For tires and tubes (quarterly) _______ do .. __ 1 Imports, total, including latext. _____ .do ____ , 73, 97:3

Price, smoked sheets (N. Y.) _____ dol. per lb.. . 204 Shipments, world§ ________________ long tons __ _ Stocks, world, end of month ____________ do__ __ (')

I 15,105 : 4.084 '

14. U25 55.-~

15, ()()j

15, 966

85 54() 41: 760

5. 95 100, 090

b:J.l 90, 40:J 59. S7G

35, 977 15,620 :J\), 959 37. 807 64, 988

131,901 6.1. 994

l-19, GOO 142, 97ti 90,903

187, 990 231, 823 211, 322 19fi, 762

216,095 181,344

50.00 81,455 79,972

17,602 278,306 38, 061

265,066 :l67. 897 115, 2fi6 :399, 970

70. 8 2-11,2-12

86, 712

2, 403 2, 266

137

I, 023 805 218

129,162 86

!.\, 910

H, 59-l I 9, 231 3. 975 6, 624

H, 101 17. 5f>O s:; 3 c.-1 6

15. 479116. G\!3 13, 949 15. 07G

\l,, 7,3 1on. 471 41.8041 48.031

s. 95 I s. 95 98, 186 101. -!22

iB. (i ! 82. H 90, 065 I 100, GSi 58. 4S3 j 58, 375

38, !50 1.1, 697 39. 756 39. 095 ().t, 730

140.035 62 . .sso

14H. 805 145. 044 91, 935

48, 209 20, f>ll 42. 2fi0 41. 45.5 64. 913

205. -323 lll.IJ2G 159.001 155. f>51 92. 309

205, 65.\ 263, 88-1 2SJ,279 1 268,\1-17 2%, 304 'I 267, n4 212, 737 214, 550

251. zr.g I 2-14. 181 176, 887 22-1. 401

50.00 50.00 8'>.1-13 Sf>, 277 86,930 85,412

15. S15 2-lfl. 22~ 3S, 727

16,680 233, 670 42, 329

279.-102 'I 291. 285 392, 794 480, 250 110. oag , wo, sao 406,922 I 417,.566

69. I I 70.9 2-tl, 674 1 225, 5/7

I 95, aoz I

2. 524 !

2, 380 i l.J.J I

I, 379~ I, 12fl I

253 1

128, 245 1

SO I 17,399

91,707

2, 618 2. 467

!51

9.13 807 146

137, 820 78

17,387 I

i I I

21. 195 , 20. 359

1

,

7, 8071 8, GIS 20,928 19,717

72. 1 74.0 I 20, 107 : 20, t195 16, 110 I 15.089

123. 379 II 10, 300 61. 758 66. 165 .

1 5 95 1 5. 95 11.5, 3iil I 109,905 I

8s. 5 ! 91. 7 1

109. 723 1

114. 727 I 62, 972 . 59. 511

15,321 5, 561

19,487 69.7

19,615 14,927

90,251 54, 432

6. 23 106.715

84. I 106. 572

GO. 42-1

36,180 24, 388 42, 8\!9 4:3,086

14,896 4, 852

17, 333 59.7

17,038 15,331

9<1, 183 46,206

6. 30 !06, 091

78.8 !03, 839 63, 505

13,520 4, 845

13.672 57. 5

13,570 15,024

89,059 43, 337

6. 30 89.512

77.8 91,937 59, G86

52,921 26, 224 46, Of>5 47, 504 63, 797

197,542 120, 953 178,472 188. 01'8 83, 505

49.831 30. 335 43. 489 45, 770 61,901

16-3, 646

I oo. 750

152.619 102. 149 16R, 567 167, 708 80.961

34,687 18.817 43.418 41' 412 62,29-1

144. 649 81,622

166,125 161. 852 81. 774

35. 130 17.893 37, 399 36,373 63, 100

133,381

301.209 323. 563 33-1,441 203, 672

257, .~115 262,983

50.00 90, 207 88, 9!2

115, 997 164, 077 168, 4lfi 79,929

320, 655 3!5, 31:3 338, 446 180, 5G9

241, 639 254. 920

50.00 84, 762 85, 194

17,975 17,543 247, 206 257, 567 43,312 47,435

338, 241 517,221 204, 249 470. 244

77. I 235, 706

95, 478

2, 999 i 2, 821

178

746 65.)

91

324, 448 437, SH 195,037 440, 725

77.8 240, 039

84,253

(2) (2) (2_)

949 812 137

l.J2, 7~g ' 163, 4~~ 1s. 537 1 17,999

3!8, 841 301, 654 332, G89 316, 607 337, 508 332, 234 175,750 !60, 123

206,913 261, 727

50.00 82, 579 85,229

13,893 318,609 44,679

299,781 398,191 160, 54! 429, 561

70.3 251,823

82, 324

(2) (') (2)

717 608 109

213,105 258,055

50.00 86, 633 81,714

18,812 361, 179 46,245

317,909 414,966 131,890 4.52, 604

73.9 245,378

98,135

(2) (2) (2)

921 74.5 176

73, 354 140, 4fi.J 141.373 so. 398

301. 293 282,322 284, 133 158,312

238. 176 239,679

50.00 77, 888 77, 470

19,230 3G4, 207 45,919

283,660 399, 133 13!, 242 402, 5-18

71. 2 245. 685

10!, 125

(2) (') (2)

722 651

71

139,161 79

!8, 203

137, 202 162,347 (1) i (<)

18, 740 ! 16, 940

I

18,3341

~~: ~~~ II 62.5

19,431 14, 15s I

15, 990 5, 264

16,045 58.0

16,424 13,633

111, ~H)8 tJ, 174

17, 72G (i[I.\J

1.). H67 1.). 326

101, 6GO I 97, 667 98. 67U 41, 334 45, 775 4~. ij.j,j

I

!06~4~g II, 99~2~g 96 6 )~~:

80. 9 77. :J 78~~ 103, 493 I 95, 074 96. 378

G3, 1521 68, 55.\ 66, .i7 4

41,643 42,808 40.:JOV HJ,534 18,691) 17,751 '14, 751 i 42, 997 t 42.01 i 43,4481 42.375 '-11. 071< 64, 093 6-1, 936 67 178

165, 209 i 158, !56 J.i6, 576 7G, 590 I 77, 9G7 ~t 7 49

162. -192 157, 204 I Lit ol\J !59, 429 15G, 992 : 149. 79-1 81, 508 I 81, 870 I 8fi. S7.i

275, 822 i 276, 586 ~ 21i:J. -l.iO 309, 9571282, 344 ' 252. -'97 287,943 286, no I' 21n . .j.i7 180,326

1 175,931 I Ll2. :m

261. 028 ' 251, 457 . 251i, 031i 229.561 1 257, ozo : 217, 0n

50. 00 I 50. 00 I 50. uu 88, 192 85, 338 80. 837 88, 774 87,331 8-1,037

18, 648 16, 655 B, -J.).j 339, 211 ' 327, 9!3 30X. b'IIJ 42.039 I 39, 188 47, .)92

333, 739 i 322, 991 275, 3.)3 486, !8~ 1 426, 6!4 ~9:!, 02n 1-10, 02, i 128, 222 ll.l, J.J3 473, lf>9 : 4l3, 27-1 407. 1\29

''· s 1 1s., : 10. 1 2-19, 860 : 260, 320 ! 2@. 7 5.)

I Ill, 106 1101, 925 '

(2) ! (') (2) (2) (') I (')

9881 1,027 ' 822 I 916 166 I m

170,8281157,47-1 (<) (')

18, 559 i 17, 405

90, ()j(l

1, 122 t!8U 233

183, 392 (I)

17,481

Rl.TBBER AND PRODUCTS

49,832 i ·43;oss-i

.50, 192 II

llO, 234 .

.185

I

so. 103 1 51. 619 -- ---1

10: ;gg I 51: in ,t,m I """' w.~• i ,:::i?l'llw:m I ":""I"'" 110, 348 127, 313 120,857 133, 784 126, 228 99, 254 127. 1S9 501,000 .\48,000 584,000 630,000 (2) (2) (2)

20. 546 6. 772

19,636 H7. 6

IV, 943 H, 971

117, 435 5.\ ill

fi. 30 107, 721

81.0 1 ;;n~i

4\1, -1-!8 21, :lOii -!.1. 157 ·Hi, 5()9 (;1), 77\J

177, 007 3~l, 722

17:?. ti22 172. li6 89.015

'211,022 i 261, 2\JS ' 2-13, :l94

170, 275

22~1. i!J!J 1U2. 240

cu. 00 S\l. 124 84. 141

1,, 408 301. 5o2

3-1, 719

315.478 47;), S\J8 151'. 026 487, f'i09

75. 7 ~flO, 750

568 508

60

171, 273 (1)

HI. 947

IO.J, 225

Afloat, totaJ.. ________________________ do _____ _ For United States __________________ do ____ 13fi,9b5

London and Liverpoo!_ ______________ do____ (')

Rec~~~g r~fii~r----_-:::::::::::: ::::::3~ ::: ~- 353; 733·

~~~~;;l[;,~o~:::::::::::::::::::: : :::~~::::1 n: ;~~

.188 I 113,863 4:10,000 193,000 112, 257 16,000 86 223

m:352

59,2571

112, 221 444,000 21!, 000 113,619 18,000 72. 054

142,462

87,482 123,047 465,000 471,000 188, 000 210, 000 102, 557 109, 364 22,000 21,000 92, 89.5 78, 48.5

IG2, 494 161, 48.1

~-~~m ~m ~m~~- ~~~~~ . 222 . 211 . 196 . 193 . 203 . 216

1

2llS

235, 000 250, 000 255, 000 265, 000 265, 000 250, 000 250, 000 ' 119, 138 139,629 141,286 137,0331166,837 1.'8. ogs r 145. 9.5o · 19. 500 26. 500 36,000 .10. 000 (') (2) I (2) 78,029 80,600 80,375 73,799 7.5, 877 77,471 75,560

168, 245 190, 608 1 213,002 241, 358 259, 140 276, 943 318. <~fl

86, 833 .!99

126. 908 (2)

~0.\000 1.53, W9

('J

3-10, 857

18,636 20.413 3.5. 344 Stocks, end of month ___________________ do .... l 37, 104

Scrap rubber consumption _______________ do ____ l_

• Revised.

15,370 1.7, 992 28,602

_ ________ i

15,931 17, 234 28,488 43,037

16, 298,15, 719 16,568 17,552

-- ~7 ~ 5~~-' -- ~~: 3:7

15,844 14, 2981 14, 179 14, 589 116, 528 16,042 ' 17. 109 16,631 14,342 17,213 Hl, 428 19,358 17,689 IV, 297

~u;r ~~~~~8-~--~=~s~~- ~g:m :_ ~2~1~8- --~~~~~3_~_a4, 101

' 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 I 1940 I 1941 gether with explanatory notes and references ---

I I I I July-~ August I Sep- I October I ~ovem-1 Decem- Janu-to the sources of the data, may be found in the Febru- Febru-1 March April May June 1940 Supplement to the Survey ary ary tern ber ber bPr ary

-------

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

7,9181 12, 7251 11,1951 Production ____ . ___ . _____________ thous. of bbL 8,368 5, 041 10,043 12,633 12,490 12, 290 12, 712 13, 105 13.935 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: 2,897 Shipments ___ .. __ _____ thous. of brick __ ---- 2, 096 2, 525 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<! of month ____________________ do ____ 10,097 9, 807 10,078 10, 234 10,078 9,180 9, 331 9, 655 9, 292 9, 247 9, 432 9, 988 10,109 Other glassware, rnachinc-made:*

Tumblers: Pro<lttction __________________ thous. of doz. 3, 694 3, 429 3, 931 3, 995 3, 877 3. 648 '3, 595 3, 841 3,450 3,887 3, 056 3,199 3, 200 Shipments. __________________________ do ____ 4, 004 3,660 3, 809 3, 974 4, 048 3,628 3, 598 3, 8!3 a, 331 3,642 2,804 2, 876 2, t\41 Stocks _____________________ . ________ .do ____ 8, 419 7, 569 7,688 7, 708 7, 537 7, 560 7, 572 7, 597 7, 737 7, 991 8, 160 8, 455 8, 775

Table, kitchen and household ware, shipments thous. of doz __ 2, 905 3, 047 2,883 2, 745 2,668 2,185 2, 088 3, 325 2,647 3, 763 3,006 2, 456 2, 316

Plate glass, polished, production_ tho us. of sq.ft. _ 15, tl64 13, 175 14,302 12,367 11, 721 9, 783 8, 522 12, 533 14,091 17,070 16,059 17,491 19, 350 'Vindow glass, production ______ thous. of boxes __ I, 397 I, 099 1.107 I. 023 I, 068 908 994 993 1,002 1,349 1.264 1, 458 I, 561

Perc<•nt of capacity --------------··----------- 86.1 67.7 68.2 63.1 65.8 55.9 61.1 61.1 61. 7 83.1 78.0 89.8 96.2

GYPSUM AND PRODUCTS

Crude: Imports _----·------------- ______ short tons __ 172,869 --------- --------- 3!3, 340 --------- --------- 531,032 --------- --------- 387,969 Production _____________________________ do ____ 584,627 --------- --------- 917,234 --------- --------- 1,128,862 --------- --------- 1,033,403

Calcined, production ____________________ .do 577,799 869, 174 969,578 888,078 Gypsum products sold or used:

Uncalcined _____________________________ do ____ 131,547 ----- --~- -

263,028 250,080 244,975 Calcincdo

Building plasters ____ ______________ do ____ ----------- 344, 553 --- ----- 509,602 55tl, 560 430,090 For mfg. and industrial uses __________ do _____ ------- --------- 29,951 30,444 Z'J, 8.50 33,358 Ket:ne's cement ______________________ do ____ ----- 5, 819 - 7,303 7, 393 ----------- 6, 447 Board and tile, totaL ____ thons. of sq. ft_ __ _ ________ 1335, 530 ---1------ --1 519,767 591,878 ----------- 621.768 Lath _______________________________ do ______ --------- 23.5, 890 --------t·-------1 384,195 --------- --------- 453, 124

:::::::::1::::::::_

388,230 1:::::::: Tile ________________________________ do ____ --------- 6,296 --- ---------1 8, 329 ----- ----- ~·-M

8, 475 6, 816 --------Wallboard _________________________ do _____ --------- 93,344 1 _________

1

127,243 I ----------- 130,279 226,722 ----- --

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

1940 Monthly statistics through December 1939, to­gether with explanatory notes and references to the sources of the data, may be found in the 1940 Supplement to the Survey

1

1!)41 I .Febru­

ary Febru- I March · \pril

ary I i ' July

11941

I. August ~~ Sep- I October IN ovem-1 Decem-~ J anu-

tember I ber ber ary :\lay I June i

TEXTILE PHODUCTS

CLOTHING I Hosiery: I

r~wg~~~~~~----__ :::::::: tho~_s: _of_ dozen -~~rs :I Stocks, end of month ___________________ cJo_- -- i

COTTON ! Consumption __________________________ bales_ l Exports (rxclwling linters)~ ___ ---------- .do.-- .

1

1

Imports (excluoing linters)§_________ __do ... Prices n•c('iw•d by ft'lrillt'rs ________ dol. per lb_ 1 Price, wholusale, middling (New York) __ do ____ ,

ll, c;;,s 11,.073 24, 41~:

7!1~">. n~n uo, :.~~~ H, 210

,()\q . 107

Production: I Oimlinrrs (running bn1C's)• ____ tho us. of ha1rs ___ _ Crop estimatl', c qui,. n I en t .oOO-Ib. ball•s ·

thous. of hales __ Stocks, domestic cotton in the l:nitcd Statl'S,

totaL___ . _______ lhous. of bnlt•s On farms and in transit_______ _do \Yarehcusi.'S. __________________________ do_ Mills.. _______________________ do

COTTON MANUI<'AC'I'URES

Cotton eloth: Exportc§ ____________________ thons. of sq. yd I Imports§___________ _ _____ do --1 Prie<•s, whol('sale: I

l'vfill margins ________________ cc·nts per lh Print doth, ()4 X 6(L ___________ dol. rwr yd I f'hPl'ting, unh!Pachcd, 4 x 4 ___________ do __ -~

Finished cotton cloth: Production:

Hlracheci, plain _______________ thous. ofyd -I

Dyed, colors.----------------------··-do __ ··I Dyed. black_________________ _ ____ do_ -

1 Prin tee!. ________________________ .. ___ .do_ Spindle activity:

Active spindles ___________________ thousands_ Active spindk hrs., totaL ________ Inil. of hrs

A n•rage per spindle in place _______ lwurs Opcretions _________________ pet. of capacity_

Cotton yarn, \Yhole-sale prices: 22/1, cones (factory) _____________ doL prrlb 4.0/s, southern, single, carded, Boston __ do

RAYON AND SILK

17, .1:;~ 1,.3•)1

11.00\1 1,K!;

:{:~: ' ~ ;;-) :­V, '1\ll

2:2, 70;1 ~. 9:20

~~(ifl

11.1. -1

. 27-!

. :wo

Hay on: Deliveries (consumption), yarn* ___ miL oflb_ 3l.li Imports) ________________________ thous. oflb _ I, ;;4 Prire, \Yholesale, viscose, 150 denier, first

qualitv, minimum filament, • ___ doL per lb. . .o~lO St<>cks, yarn, end of mo.t ... _______ miL of! b. 10.0

Silk: Deliveries (consumption) _____________ bales ~s. Ill Imnorts, raw§ ____________________ thous. of lb 2, 4:lu Price, wholesale, raw, Japanese, 13-15 (N.Y.)

doL per lb__ 2. iiSV Stocks, end of month:

Total visible stocks __________ --- _____ bales_ 214. S:lo United States (warcbouses) .. _______ do_ fA, 101i

WOOf,

Imports (unmanufacture<l)§ _______ thons. oflb_ Consumption (scoured basis) :1

~r:;~:~~f~~;s~~~:::::: ::::::::::::::::::~~: :_- ~:;: m Machinery activity (weekly average):,

Looms: Woolen and worsted:

Broad _____________ thous. of active hours_ Narrow_--·· __ ------------------ ____ do ___ _

Carpet and rug ____________________ .. do Spinning spindles:

Woolrn ______________________________ do ___ _ Worste<l. _______ ------------- ________ do.- __

Worsted combs. _________________ ----- .do_---Prices, wholrsale:

Haw, territory, fine, scoured _____ dol. per lb_ Raw, Ohio and Penn., Jlecces __________ do ___ _ Suiting, unfinished worsted, 13 oz. (at

mill) ___________________________ dol. per yd __ Women's dress goods, French serge, 54" (at

mtll) _____________________ .dol peryd

2, 411 ~0

23;)

U.S, 8~/S 115, 20f\

21(1

I. 0\1 . 44

2_ OOfl

l. 213

11, 3:1-± 11 4'1') 25: oUS

fJ{)l, 771 HG. Gbll 3G,firl

.Hill

. lll

3:l. u,

1:..!.:!.") . o:Jl • Ct>~

129, 1;-J 100, 707

-1. !)Sl lOG, \Hli

2:?, bOl 0, 2til

:m ~;). 7

29. s 2, U07

. 530 l:i.il

22, 485 2, 115

3. OGI

83. 30G 50, 300

37, 212

21 30'' s: uJ;

1, 587 80

195

70, ;64 67,472

127

. 93

. 39

11, on; 11, 4f!5 24, 5g3

6:-:i, 194 4;13, S42

!J, fJ()4 . 100 . 1 ()~)

ll 11, 41'31

1 11, ~hi

1:::. nn:­\L"'2

11. >:;s 1. 547

:)4, ~fl.l 4, bOo

22, f,.i;~ j' !)'J()

I :)1~ 91. G

. 248

. 344

29. s 1, 279

. 530 10. 4

21. o8:i 2, 213

2. 951

87. OSi 45. SSi

38. 029

17, 70\) 7, 310

1,129 58

186

55, 888 51, ;5o

100

. 90

. 36

2. llG i 1.188

l. 931

1.188

10, GiU 10, !:l3 25, Oil

023. O~l~ 344, CO~I

11, 0\HI .lfll\ .IUV

12, \!40 ~:.!1

10. ()\)\} 1, 4:2() 1

34. \14~1 5. ~l:J

II. 40 . O.iO . ll.~·v

127, tll·1 Oi, !~!!

·!. .. h 10:1, 0G3

22. 2:39 ;-, ~HI.)

;{:.;1 0:2.0

. 22S

. 338

31. I 1, 1,)()2

. R30 11.;

21. 740 2, -1D4

2. GSl

8.1. iRS 42, GUS

22, OG5

17,471 8, 544

1, 088 52

183

54, GSS 51, 173

87

. su . 35

l. 931

1.158 Worsted yarn, %2 's, crossbred stock (Boston)

dol. per lb. I. 4C.~l l. 338 I. 300 I. 300 I Iteceipts at Boston, totaL ________ .thous. of lb._ 51, X()(l ( 3) (') 13.553

Foreign ________________________________ do ____ 47,680 (') (3) 5,449 Stocks, scoured basis, end of quarter, total

10. f.fiO IO,lOS 25, 5uG

12, (J~I! ;;:J

w. (~.:~s ], 2(i3

zs. ·t7n (), ti()~

l~G. 9f\S &9. 20-! ~. ~sn

DS. 3:3t_i

22,213 8, (),'),)

:324 bU. 4

. 22:!

. 333

32.2 5;1

. ;;3o 12. 5

1s. u9; 2. 925

2. 791

92,48,\ 43, 2:-:.,5

18, 466

17, OG5 0, 524

1, 209 5S

152

GO, 724 Gl,IG7

94

. '" . 31

l. 931

I. ll4

L 294 31, 759 25,214 6, 544

Domestic _______________________________ do____ 4, 12r1 3, 247 5. 3421 8,104

thous. oflb__ 98,860 -------- 1

Woolen wools, totaL ___________________ do____ ______ 41,815 , _________ ---------Domestic. ___________________________ .do ____

1

__ _ _ __ _ _ 1

28, 181 1---------1---------Foreign ______________________________ .do _____________ ---------' 13, 634

1

. ____ --- .

1

.----- __ -

Worsted wools, totaL _________________ do ____ -------- :::::::::[ g.·~~~ 1

1

:::::::::!.::::::::: Domestic _______ ---------------- _____ do. ___ ---.-- _ .. Foreign ___ . ________________________ .. do ____ J _______ . _ 34, 220 1 _________ ] _____ • ___ i

9, 711 s. 835

20, 381

.S():i, 41ti 1~n .. o30

1:2, :i/4 . (l~l;i . 107

11, ~QO ,:1,)

V.Mfl 1, lfl:.?

24, fi2i 6. 32!1

lOH, 2/S 7S, 4n8

4, 612 SO, ;44

21, £l[1;j

G, \lliO 2Sl

87.9

. 219

. 321

31.4 GG9

. 5:lO l2. s

17. 307 2. 356

~. 724

90, 122 41, 823

18, GGG

19,373 5, ;gs

1, 40; 70

149

63, 147 66, 718

137

. ss

. 39

L 931

I. 114

9, 418 9,244

26,701

32

lO,GJ\.l (;2()

fl,(),~<,(i

~lJ ;)

2(), 2kS 4, 7!i7

11.00 , IJ·1i . o;.s

120, 70\J 92 I JG

6: 491 88. 4~2

21.919 7, MS

:iO:'i SG. 6

• 227 . 325

11, 174 12, 3~1f} 25,621

654, 503 64, 743 10, !0:l

• O\J2 . 098

60ti

2~, ~!G 1 ... ,.!.11

\),(1:-,P) (.~()

2"1. ·109 ;\ 21()

II. 2:; -048 . Q[,>j

129, 2t,Q 102, 085

fi, 78(-i 100, 752

22. 078 7, 872

318 90.4

. 227 • 325

32. 1 :H. 0 391 441

. 530 • 530 11.1 9. 9

22, 7{)6 30, 189 3, 827 4, /til

2 .. 5-10 2. 529

1lUil 1 12U3~

1;, 502

28,431 6,061

I, 558 67

12/j

72, 506 72, 934

143

'87 . 39

I. 931

1.114

16,099

24, 799 7, 571

1, 694 63

16G

80,359 85, 527

146

. 89

. 39

l. 931

J. 114 I

1. 2.10 L 290 L 256 44, 896 52, 905 30, 278 41,790 44,472 22, 540

1~;:~~~ 1:::~,:~~~: ::_7~~~~-35. 18~ --------- ---------12,320 ·--------- ---------81,077 '-------

gt ~~~ ::::::::::1:::::::::1

24,413 (i, UlV

12. 2fi ,llfi(J . O.J~

1~2. 912 108, 029

~· ~2; lQ,, o4,,

22, 278 i, 867

320 tlG. 7

. 227 • 3:?5

30.\1 221

. 530 8. 3

28,828 3, 70'J

2. 561

172, 25-1 44, 454

21,831

2S, 609 7, 941

1, 744 60

117

83, 665 88,005

158

. 92

. 40

1. 918

1. 114

1. 288 29,961 22,912

7, 049

127, 546 41,338 29, 450 11, 888 86, 208 57,219 28, 989

13, 58G 14, 10\J 23, 879

770, 702 1\/4, 2:)1

L), tl2() . 094 .096

9, 084

20, R42 !'!, 719

13, 82!1 1, 207

13.31 . (!;,2 . OG2

1.14. 479 12G, GlO

8, 238 110, G57

22,457 9, 2/G

378 103. 3

. 257 35.:J

12, 579 12, g;,; 2:), G:!G

744,088 144, 710 12,026

• 09-1 , IOU

10,870

1r. sc,s :-:;, 4:-\c-;

14, f.fi/ . 1. G:23

~0, flf,4 II, 420

J.!. 24 .0:').1 • 0().)

Hil, o;9 129. 878

6, 03;) 105,468

22, 68G s. o14

3fl2 105. fl

• 2G7 . 377

11, 2'/rl 11, .o:JG 23, .>Jl

77.1, 472 107, ;)/5

5, ~10/) .

'093 . 102

!1. 433

2 12, 6~()

},'..,, ~12 t ~. l:)j

1.\01-l I 1, 770 :

27, -;-:{ f 7, ;;,'-,1

H. ,·.o . o:,.J ,!Hill i

},">;\ 770 lHI.r-"H

.), lif'."-10~. >-')()

11, 747 !1, 822 24, 435

o'4:l.274 52, 184 9, ()24

-095 . 104

11, 931

1'. 11:l3 1, 5~3

14. r,afi 1..'··14

;";.t. (1-!4 i, (rfl{l

H.\14 . n:1.1 . Olli

]1;4, 1.10 122. 05·1:

ft. 3~'? 10;, G44

22, 1)21 n, 901

404 ll2. I

'272 . 404

36. 7 34. s 34. n • 34. 3 3SG 1, 57G 2. 4Gfi 1, GOO

' o33fl • 530 .\30 . 530 ~9 ~7 ~3 89

39, Si7 3U. 371 28. 111 2:'1., 425 6, 400 7, 219 4. 42\1 :~. 263

2. 693 2. 585 2. 51)2 2. 560

184, ;97 19.1. 330 22ol. n" 22-1, 3o3 48, 297 60, 330 ;2, 24-' G3. 43~l

33,981

39, 240 ll, 387

1, 884 78

206

88,027 104, 332

182

34, 631

33.821 S, 9G9

2, 148 72

198

90,421 JO:l, 551'

179

I. 05 I 1.10 . 44 1 . 4G

1. 931 II 1. 931

1.153 1. 213 i

1 395 I 1.488 I 47.060 I 36. 123 • 30, 393 16, 32~ i

__ :~·-~~: -~- _:~~~~~-~

II•••••••

56, :)13

34, 0!2 9, 3.52

2. 25H 1)2

202

94. 713~J 107. HIK

loo

1.10 .46

l. [131

l. 213

I. 4!.0 -!g, ,j\_j'j

6. 29S 43, 2U9

140,628 47. 12B 26,7\14 20. 334 93, 500 28. 890 04, fi!O

72, 677

40, 11.5 10, 965

2. 197 71

201

\10,418 10-1, 279

IY2

l. 10 .44

1. 931

1. 213

1. 450 50,365

4, 633 45, 732

' Itevised. • Total ginnings to end of month in<licated. ' Total ginnings of 1939 crop. 'Dec. 1 estimate of 1940 crop. 'Xot aYnilable. §Data for 1939 revised; for exports, see table 14, p. 17, and for imports, table 15, p. 18, of this issue. ,Data for April, July, anrt October 1940 and January 1\141 are for.) weeks; other months, 4 Vleeks. tMonthly data beginnin![ January 1930, corresponding to monthly averages shown on p. 15t of the 1940 Supplement, appear on p. 18 of the April 1940 Survey. *New series. For monthly data on rayon yarn deliveries beginning 1923, see table 41, p. 16, of the October 1940 issue. The new rayon price series replaces the data shown

in the 1940 Supplement. Earlier monthly data will be shown in a snbseqnent issue.

April Well SURVEY OF CURRENT BUSINESS 55

Mo~thly statistics through December 1939, to-~1941 I ---:-----.----.--1_9_4_0-.----.----,----,-----.---- 1~1941 gether with explanatory notes and references ---- ----,--- - - -- -to the sources of the data, may be found in the Fehru- Febru-1 M h I A .1 I M I J 1

1

I I Sep- I October 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

TEX'l'ILE PHODUCTS-Continued --·----·--- --------~-~---------,---·

I

I i l'IUS(;t;LLANEOUS PRODUCTS •

Buttons, fn'sh-'\\'ater pearl: j Production _________ . _____ pct.ofeapacity __ l Stock;:;, Plld of month. ________ thous. of gross __

Fur, salt•s by drnil'rs ___________ tlwus. of doL I'

Pyroxylin-c()ni.t'd tPxtiles (cotton fabrics): ()nkl s, nnfilkd, end uf mo_ .tho us. linear yd __ 1

P~To"Xylin sprrad __ tJwus. of lh ... j Shiplll~'nts, biiiP<l tllous.linear YlL. ·1

AIRPLANES

ProtlU('t iou, domestic civil ::drcraft§ ___ number __ Exports, -------------- _____ do ....

AUTOl\IORILES Exports:

Canada: .AssPmhlcd, totaL __

i>asscnp;er cars __ _ Unitt•d States:

A:-;;.;t•mbh•d, totnl,_ Pn.c.;st·n~-~~r can;,_ Trueks~--­

Finanein~:

number .. .... do

__ do __ {10

.... do

Hetnil purchnsers, tota.L _______ thous. of doL. :\t•w ears__ ____________ __ do rrsed cnrs --------------- ___________ do r; IH'l<t"sinc{l _____________________ .do. __

\\'hule;;:lle (!ufrs.1o tlealcrs) _ .. ___ . __ do ___ _ Fire-extinguishing C([Uipment, shipments:

2\fotor apparatu...; _________ . ________ numher. Hand extinguisher~------------------- do_

Pro(lu~tion: Automobiles:

Ca11ada, total_______________ do ___ _ Pa:-;~cnger rars _ _ _ _ do ___ _

United States (factory sales), totaL .. do .... l'a .. '-':::eng-er cars ____ ... _____________ ... do. __ _ '!'rucks_ . ___________________ . _____ do_

Autornobile rims _______________ tllous. of rims __ Hegbtratiom~:

New pa~senger cars .. ___ -··- _________ numher _ Kew rommcreial cars . _______________ do ___ _

Sales (Oeneral i\Iotors Corporation): W oriel sales:

Jl)· \J. 8. and Canadian plants _______ do .... Unite1l States sales:

To dealers __________________________ do. __ _ 'l'o C(Jl1:->tuners ... ______________________ do. __ _

Aecessories rmd parts, shipments: Comhined index ______________ Jan.l925=100

Ori~inal CI!Uipment to vehicle manufac-turers. ________ .... _____ . __ .Jan. In25= 100 __

Accessories to wholesalers. __ . _______ .do __ Sen· ice parts t.o \vholes:1lers ____ . ____ .do ___ _ Service equipment to wholesalers ____ do __ _

RAILWAY EQUIPMENT

(Association of Ammcan Railroads)

Freight cars, end of month: Number owned _________________ thousands __

Undergoing or awaiting classified repairs thousands ..

Percent or total on line .................. . Onlers, unfilled .. _______ ................ mrs ..

Equipment manufacturers ___________ do ___ _ Railroad shops ....................... do ... .

Locomoti \'CS, stearn, end or month: Undergoing or awaiting cbssified repn.irs

number.. Percent of total on line .................... .

Orders, unfilled _____________________ number __ Equipment manufacturers. __________ do ___ _ Hail road shops ....................... do ... .

( U. S. Bureau of the Census)

(1) (I) :l, 054

4, H:l ti,O\J:l 6, 355

34.9 I (i, 4~1 4, 447

2. 3()81 4, 930 4, 844 I

as.s G, 4\JS 4, 237 I 2, 2271 4, 769 4, 978

I

I I

41. (I I 6, .5~{{)

3, 8l:l I

2, llf; 1.

4, 77'2. I 5, 003 1

I I 40. 5 28. 8 30. 41 41. 61

(i, 5~ I ~Zi,. 441:ll.?l

1, 6. 301 ll, 400

4, znJ 3, 377 4, 273 I 2. ().H) li 2. 2H I 2, R071 2, 49(1 I 4, wz a. n:11 1 4, ·l:l.\ 5, 3fi6 4, 504 4, o:Jo 1 4, 4:l0 5, 353

1 , _______________ : ____ __

THA~SPOUTATION EQUIPJ\lENT

~ • .17-1 l,(l:)fi

17, ::!.~~ !i,\11:)

liJ.:;ou

(2J (2)

2:l, 710 lO,tiTi

-185, f.~~) :l\ll,•H:n

\11,040 2, 101

226, G09

208.214 lSI, 252

21,1

241 J 15 174 1'\2

1, 611

107 n. G

37,981 23, 787 14, HI!

.~. Sl2 H. 7 132 lrl

19

2!lt 170

4, 77(i 2. (ill

20, 115 ~~. 837

w. :ms

110,371 no, au.1 49, 4S7

j,)\1

1~7. 4()()

7·1 30, ()()()

:~: ~~e 404 032 ;)3':: ~~(~

fib, ..-lh

l, 850

224, 525 41, :J3(j

174, 572

160,458 123, S74

1.\G

167 su

145 liS

I, 643

155 9. 6

28, l 12 19, 159 8, 953

G, 496 16.0

70 30 40

lVI

4. 782 2, 797

26, 4\)7 10, sn:l 1.5, {_);~4

H:l 4S:l ~:~: 0.'")-1 59, S/G

:i.\0 212, 331

()S

3.~. J~S

Hi,G1~ 1~, 025

4:.?3, 020 :3.12, !)22

70, GHS l,Ultl

312,371 .53, OU3

!93, 522

1Xl, 0()6 174,620

)()4

174 ~2

1.')8 139

1, 645

15.0 9.6

21, 112 13, 546 7, 565

6, 604 !fi. 2

59 29 30

7:)0 413

15, 7~!3 8. 1M 7, ijOQ

!ti.1, 3fJ.l !)(), :!72 n~. ;~~G

fi.JO 21G, r;p.;

()ij

31, ];.;.s

10, fi~7 13, 4S7

~:~2, 74H 302, l:~'J

70. fi07 I. 82:l

3fl3, 2:-m 55, 9S2

196, 747

18:3,900 !Xo, 4Sl

170

1/H Ul

17·1 140

!, 648

lllO 9. \)

17, 4f>O 11,051 6, 40\1

(i, 675 !G. 4

54 32 22

l!lil 2U5

·1, 2(>;) 1, :)2l

17, 1 q~~ iJ, :-Hr; 7, ~/ij

!70. 1[,) \IG, Dl:-\ 7'2, \ISO

f_i&-1 201, OGS

'ill 37, GlU

21,277 1'2, {)77

:-1!11,21:) 325, fj/(i

05, [J;)\J I, 7H

3fl· ~~~ ,ll, .)~)3

l5i

Hi2 ~(J

172 !31

!, 549

]Qcj

10.2 15, o:;g 9, 772 5, 267

G. 781 16.8

88 70 18

G. 2UO 1, :38~

14. (i\l\) fl. 4\i:~ 8, 1,1f\

Inn. U22 ~i;\ o:3-, 71, 241

f).f2 162, 101

71 37, 76~

17. tl30 8 -3'1

3!4; /;ai; 2~6. 040 5~, ~~~~! 1, ... btl

31>\, ill.) ·13, 504

!G7, 310

liil, (}()1

173, 212

140

109 bfi

Hi5 117

1, ti4ti

!53 9. 5

H1.11:n 9. 974 6, 9.19

6, 653 !G. 5

97 84 I ~l

6G5 2~~[i

8. 774 3. ::2:)

11, 21.:) :t 7';;.7 ·;, 500

)(:r,, 03·! 92, 7-14 72, (i2(\

(i{i4

141' !.117

(2)

(')

lf, }~~ .), .~J,

2:H, 703 ]ti~, 7G~I

G~, ~:~~ S-..J

a1r),:!-Hi .so, u1a

110, G:i9

90, fitH 14:., or4

12G

101 93

] 72 120

1, 642

144 9. 0

19, 765 1:~. 477 ll, 288

6, 506 16.2 115 lOG

9

Rile\ 383

!l, R77 1, ti;_iO

G, 5:19 2. :;:w 4, 200

(') (2)

13,\19~ 1, fllO

7f>, Si~~ 41\, ~23 '29,050

1, 075

2ll, 031 4~,%0

2·1,019

~1. 154 100, 7&2

][,1

J.l7 tiS

1\16 126

I, 641

138 8. 6

18.4.\6 12, 27S 6, 178

6, 226 15 .. \

114 I 1081

6 I

Locomotives, railroad: I

50. 7 6, 490 3, 734

2, 8(10 c\, !28 5,106

{!, (JOfi

1, oun

5, 7.i3 2, .5Dl a. JG::!

1nn, Dfl2 ;.;\ 7\J7 !i3, 711

4S-:1 114, ~74

(2) (')

].1, 47!'1 3, 410

21iU, lOS 224, 470

44, 113~ I, 3.56

148,000 39,224

!24, 692

116,031 97, 527

178

]Rfi 1:!2 200 139

I, 642

1:ll 8.1

16,S92 9, 010 7, 882

6, 276 15.7

130 118 12

(1) (1) 1, 891 I

3, 0121 .1. 851 I 5, 8·12

8, 809 J:l2

16, fi;;j 7, 071 9, 7&G

ICJ· )-,~~ ,_,g, 4/;)

Gl, H:)3 ·:H/2

221,2.1:::

(2)

(')

21.1fll 7, Ofli

49:l, 22:l 421,214

72,00\1 1, 7BY

21)0, 495 48, 356

22{), 169

207, 934 186,016

IUO

235 14\1 1U9 142

I, 6:lS

117 7. :l

27, 4.19 18.7110 8, 75\1

6. 1.55 15.4

131 122

\)

I I

(1) I g2\ll 3, 801 i 5. 17() I 5, 77G

wr;-287

8, 4HJ \l3

l\1, \).j:l \l.il'2;)

10, 418

1.~2. OOH sx, 575 ()'2, fJ2S

7!07 220, H11

(2) (2)

23, fi21 lll,HH

4Xi, :Fl2 4117,11\11 ~o. 21',1

1,808

301, 430 46,610

217, 40()

19R, 004 IS!, 421

183

231 125 1~0 ][Jfj

l, 6:l8

11·1 7. 1

30,184 2'2, /:)1\

7, 446

6, ~~~ !. •. -

116 100

13

(1) (1)

r 2, 709

3,694

0· ~6~ a, 118

1:~. 2";""G lill

18.1117 7. 1~2

10, 2:i5

1!10, 9!lG 0:{. :F)O 07, ()!)5

[•41 25:~. 718

(l) (2)

2:l, :)1>4 11' (if):~

4~:{, .lli7 3\ltf, :l:n ~~. o:~n

1, 7UO

a:H.(l7:l 51,095

22:~, ()11

~04, 473 17-4, (\10

179

22S 122 180 ]4:)

I, G40

10H (i. X

3·!, 202 2.~. X(i()

H, :lou

5, 914 I

14. \) 11:1 102 13

Onlers, unfilled, end of mo., totaL.number.. . UG 139 170 1.\2 11~R6i 2203

8

2i ~io~,9~- ~~ 272 2HG 285 354 Domestie, totaL ..................... do.... 112 108 144 126 ·• 251 213 244 315 I

Ste•lm ............................. do.... .. 35 28 72 70 12tl 125 122 115 Other.. . ...................... do........ 77 80 72 .\6 43 122 14:1 125 118 I'''' 200

Loco~~ifves:miiliiig.aricti!ict,iStrfr;c···do ____ ---- 27 32 38 35 30 23 461

40 44 49 46

(1) (1)

'4, G6G

3. SQG 5, 993 5, 881

158

~~ 70() li08

lri,ill2 7. 24f;

'· uuli JJ7, IRii

RO, 7:39 u;J,1no

509 2'lG, 871

(2)

('.'

2:1, 19!) 11,9'10

500, 931 411, 2i8 ~~m, 673

2, 032

299, 17D fl1, 712

235, 422

218, 578 W8, lGS

207

215 115 170 lfi2

I, 642

108 G. 7

40,030 26, 427 13,603

5, 853 14.7 120 107

13

455 415 129 286 6:l !.) 48

s~~[.~,~;;:,ts~d-~Il1~~t-ic:_t~-t~d-::::::::::::~~:::: :::: . 3; 3i 4ci 37 3g I 3~ 5~ 4g ·'~ ~~ ~~

Shipmente (quarterly), total* ...... number....... 141 1~7 -········\········ 1 138 .••.•.... .•. l:l2

EI;.~t:;;;i~,7~~~~,;,;~:-:.:: :::::::::: ::::~~:::: ::::::::: --------- ~~ 7~ 1::::::: :=~:::::::::I 676;1' 1-_- -_-: -_-_:::. -_-_: : __ -_: __ - -_- -_-: _:: ~~ 1:::::::: Other• ............................... do.... ......... ......... 61 38 ....•.... 1.•••••••. . . . . . 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

1940 1941 Monthly statistics through December 1939, to-~1941 I gether with explanatory notes and references ---

1 ,

to the sources ofthe data, may be found in the Fcbru- Febru- I March I April I May I 1940 Supplement to the Survey ~ ary ary

1 - 1

June I July I August I Sep- I October I' Novem-1 Decem-~--------t-ember her 1 ber

Janu­ary

TRANSPORTATION EQUIPM.ENT-Continued

RAILWAY EQUIPMENT-Continued

(American Railway Car Institute)

Shipments:_ Freight cars, totaL~---~--- __ ----- __ number __

Domestic __________________ -------~- .do ___ _ Passenger cars, totaL-~-- _____________ .do ___ _

Domestic. _____ --------------------- .do ___ _

(U.S. Bureau of Foreign and Domestic Commerce)

Exports of locomotives, totaL_----~- .number __ Electric ______ --- __ ---- _______ --_--- -~--do .. __ Steam __________________________________ do_

INDUSTRIAL ELECTRIC TRUCKS AND TRACTORSt

Shipments, totaL _____ --~ _____ - ___ -_ .number_ Domestic _______________________ -_---_ .do _____ _ Exports __________ -~-----~ _________ -- __ .do ______ _

Physical volume of business, adjusted:t Combined index .. _____ -------~-1935-39~ 100 __

Industrial production: Combined index .. -------~~------ __ do ___ _

Construction _______ ---------~--.do ___ _ Electric power __ --~-- _________ - __ do ___ _ Manufacturing ________ -~--~ ______ do

Forestry __ ~ ____________________ do Mining ____ ---------------- ______ do_

Distribution: Combined index. __________________ do

Carloadings ____ -~ ___ -~-- ____ -_- __ do Exports (volume). _______________ do Imports (volume) ________________ do Trade employment _______________ do ___ _

Agricultural marketings, adjusted: Combined index.-------------- ___ 1926~100 __

Grain ________________ -----~-~- _______ do ____ --

4,122 4, 057

2 2

17 12

126.1

138.3 223.8 115.7 134.0 121.3 125.0

105.1 118.8 148.2 152.7 115. 8

Livestock. ___________________________ do ____ ---------Commodity prices:

Cost of livingt ________________ .1935-39~ 100 Wholesale prices _______ . ___________ 1926~ 10!l.

Employment (first of month, unadjusted): Combined index_ ___ ___do ___ _

Construrtion and maintenance ___ do __ _ Manufacturing .. ___ do ___ _

~;~~~~------~~~~======- ~~~==== Trade_ _ _______ do __ __ Transportation _______ - ----------do----~

Finance:

108.2 85.2

135.2 82.5

147.4 169. I HS. 6 147. 0 89.4

Bank debits ____ --~-- ____________ mil. of doL 2, .540 Commercial failures ________________ number__ 105 Life-insurance sales, new paid for ordinaryt

thous. of doL_ 31, 500 Security issUC'S and prices:

New bond issues, totalt ______________ do ___ _

CommonstockpricesL---------- _do ____ _

115. 271 !J6.1 ()f), 5

Bond yieldst ________________ 1935---39~100 I Foreign trade: 100,

5:lZ Exports. totaL _________________ tbous. of doL_

Wheat ________________________ thous. of bu__ ~. 460 Wheat flour _________ ~-------- tho us. of bbL.

Imports. ____ thous. of doL_ 89,632 Railways:

Carloadings __________________ thous. of cars __ 218 Financial results:

Opcrat1Lg re\enues __________ thous of doL_

1

_ -Operatmg expenses _________________ do --- - --Operatmg mcome ____________________ do ___ _

Operating results: Revenue freight carried I mile.mil. of tons __ Passengers carried I m1le ...... nul. of pass __ I_

Production: Electric power, central stations

miL of kw.-hr_~l 2, 407 Pig iron ..... ~ --------~--thous. of long tons

1

, 91 Steel ingots and castings ______________ do ___ 173 Wheat flour ____________________ thous. of bbL _____ _

'Revised.

ii, 242 5, 142

14 14

13 8 5

1251 119 6

6,648 6, 548

4 4

16 10 6

132 119 13

5, 900 5, 400

1 1

26 9

17

1091 98 11

3, 262 3, 061

6 6

20 18 2

147 137 10

I ! I

1, 588 1

1, 478 5 5

14 13

1

135 121

14

1, 543 1, 543

28 0

l4 12 2

128 120

8

CANADIAN STATISTICS

108.6

IIi. 0 116, 4 109.4 120.0 lOll. 5 108.6

94. 0 108.8 107. 3 125. 5 107. 2

134.8 148.0 75.6

103.8 82.8

114.4 58.1

120. 5 HiS. 4 131.8 136.4 I 83.3 1

I 2, 955 1

105 i 31,820

1~

llG, 577 101.9'

go_ z 1

72,314 i 6, 598 :

559 1

11.042 I 199 I

30. ooo I 25.:2: I 3. ~3~ 2. t51 I

1341

2, 367 I 87 !

140 I 1. 247 1

106.3

115.0 IW. 5 109.0 u.s_ s 109,0 113, 4

91.5 Ufl. 0

120.4 115. g 108.9

36. i 29,2 70. I

104.6 83.2

113. 5 55.4

122.6 lG7. 1 132_ fl 134. 9 83.0

2, 413 111

30, 265

9.\037 ltlL\J 90. :J

83,46.1 8, 628

716 76, 734

195

30,145 25, 643 3, 271

2, .559 168

2, 426 92

157 I, 257

120.0

134.0 179. 6 112. i 127, 9 113. 0 146.4

95.9 110_ 7 121.4 129. 5 107. 8

60.4 53, 4 91.7

104_ 6 83. 1

ilL 9 59.6

123.4 1G4. 4 133.4 137.6 82.8

2, 938 98

32, 248

89,109 1110.2 88.4

84, 69:l 5,082

520 85,980

219

29,9]() 25, 51)9

3, 077

2, 785 124

2, 399 84 I

153 I

1, 34! :

117.8

128,8 13!1. 9 12:1.0 12!!. il 120.8 120.5

9\1_ 0 117. 1 l-!2. 3 125.8 10\L 2

114. 7 122.7 79.0

104.9 82.1

114. 3 68.4

125. 7 164. 5 138, 2 1:J8. 3 88.8

3, 340 100

120 0 1

132. I , 157.4 i

125. I I 128.6 136.0 137_ :J I 99. ;J

114. 9 ' 154.2 1

124. tj 1

109.81

91.71 93.9 81.-1

104. \) I SL il

1~8:~ I 129.2 166. i I 142. 51 140. 7 90.3

2, 682 '

91 I 31. 779 ~~- ~3~: I

480,819 I ~<~.d) . .~ 1

9u.s i 1ou 1

73. 3 ! 65. ,, I 110,764: 111,G22 I 23, 4Gu 13, .\70 I

723 I 509 I 100, 5:l7 I 90, iOco

1 2371 240

34,630 3), 914 I

2:: ~;: I 2;: ~~: :1

141 ' 180

i 2, 6721 93

174 1, 283

' I, 579 I ~~~ i

l, 170 i

120.9

131.9 130.2 127.4 133. 8 137.3 12fJ. 5

102. 1 121L 8 139.3 130.6 109.9

131.6 136.6 108.9

105.6 82.4

124.7 105.0 130. 3 167. 2 149.2 142.8 93. 7

2, 623 99

28,159

83,162 101.1 66.1

101,4631 11, 868 314

:::::: ,1

30,402 G, 042 I

3, 260 219

2,615 96

170 I, 223

!

2,356 2, 356

12 12

16 13 3

134 124 10

128.6

143.9 IG9. 3 119. 9 143.9 134.4 142.3

102.3 120.0 1o3.4 141.4 110. 6

101.8 102.2 100.0

105.9 82. i

127. g 114.3 134.4 168.1 155.4 141.4 94.8

2, 458 86

24,698

84,668 100.0 69.3

111,360 11,401

576 96,836

256

37,409 30,240

5,166

2, 987 248

2, 500 89

172 I, 291 !

2,888 2, 836

10 10

13 9 4

141 134

130, 1

148.6 223.0 113. I 148. 6 132.2 124.4

98.2 107.2 J:l5_ 5 128. 3 ll2. 3

60.3

52. o I 97.7

106.4 83. I

131.6 121. 1 138.4 170. 2 157. 1 142.9 94. G

2, 571 66

26, 156

404,627 98.9 75.8

102,778 9, 500

551 86,287

252

37, 319 29,463 6, 248

3, 385 190

2, 400 105 165

1, 636

3, 704 3, 586

10 10

19 14

5

165 157

8

129.0

146.4 143.4 107. t) 146.4 124.7 117. 1

99,2 108.8 119.3 148.8 112. 8

52.8 41.8

101.8

107.0 83.3

136.2 121.1 143.8 172.3 147.3 146.8 94.3

3, 527 79 I

31,210

108,975 98.5 74.2

lOll, 791 9, 559

750 108, 645

281

40, 504 28,573 10, 257

3, 547 172

2, 487

1091 185 I, 873

4, 134 3, 981

8 8

11 10

1

180 174

6

129. 7

146. 9 278.2 109.8 146.9 123. 2 128.0

100.3 114. 8 132. 7 13fl. 0 112. 5

82.0 78.7 96.3

107.8 84.0

139.2 120. 5 144.6 174.0 148.8 148.9 93.5

3, 049 92

32,899

108,576 98.0 74. 5

118, 404 17,278

683 102,284

259

38,869 26,964 10,024

3, 371 158

2, 52.5 110 176

1, 588

I

4, 62411' 4, 301

54 54

4 I 3 I

5,272 5, 256

0 0

12 8 4

, I

~~~ [::::::::

128. 3

140. 6 187.4 Ill. 2 142. 3 117. 2 II 123. 5

107. I II

125. 1 119.9 17L 6 1

116. s 1

113.81 117. ,5 1

97.3 ! 108.0 ; 84.2

139. 1 105.9 144.7 172. 6 147. 8 !54. 4 92 .. \

3, 208 95

33, i27

330. 11\7 97.0 70. :)

98, 711 11, '/02

34fl 102, 302

231

40, 221 28,602 9,9H

3, 772 278

130.5

145. I 244. 3 116. i 141.9 126.2 122.7

105. 4 123. 3 J:JO. 5 171.0 115. 3

116. 4 123. 7 83.8

108.3 ~4- 6

134. 2 83. 0

142. 5 167. 6 149.5 1tl0. 8 8~. 7

2. 941 79

28, 326

84, '23.5 9fi. :j 71. 3

88, 9.)3 4, 880

98, 382

229

2, 584 2. 635 110 103 185 186

1, 076 1,177

!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 distri­bution 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.

r·, -=~SSIFICATION, BY SECT1CNS

lo~1onthl.l busjoess statistics: Bu3iness indexes~·-·- _ ----~----Cornmodity prices_ .. _ ... ________ _ Construction and rea! estate ____ _ Domestic trade. _________ _ Ecnployment conditions --a-rid

Fi::aaJ::~: = ~ =~ =~ =====: :: ~~ == ==: }"orci&n trade _________ . _________ _ Transportation and communica-

tions ___ -------------------Statistics on individual indus~

tries: Chemicals and allied products._ Electric power and gas _______ _ Foodstuff• and tobacco ___ . ___ _ Fuels and byproducts ________ _ Leather and products _______ _ Lumber and manufa<'tures. __ .. _ Metals and manufactures:

I ron and steeL_ _ _ _ _ _ _ _ _ _ _ . Nonferrous metals nnd prod-

u~-ts.- - ___ . - _ _ _ _ _ _ _ __ _ Machinery and apparatus_ .. _

Paper and printing __________ _ Rubber and products_ _ _____ _ Stone, clay, and glass products_ Textile prodUt ts_ ~ __ .. ~ _______ _ Tr:::tnsportation equipnl<ent ___ -.-

Canadian statistics ___ _

Page 19 21 22 24

25 30 37

37

39 41 41 45 46 47

48

49 50 51 52 53 54 55 56

CLASSIFICATION, BY INDIVIDUAl, SERIES

Page Abrasive paper and cloth (coated)_________ 52 Acceptances, hankers'·------------------- JO Ad'Zertising, ____ -.-- ---------------·- 24 Agncultma1 c:ash!ncome_______ _____ _____ 19 Agricultural products, foreign trade________ 37 Agricultural ._..,,agt:s, loans__________________ 30 Air-con Utioninc f!QLtipmenL _____ -------- SO 1\lr mall r.nd lh-ltnc operations _ ··- _ _. .. ___ 2-f.:-;s Aircraft ________ --------~----- Hi,20,26.2i~,.2'J,:.s Alcc)hol, clt:natureJ, ethy~. mct~wnol_ ------ ~)9 Aluminuw. ____ -··----------------- --·--·- 49 Anim~1l f8ts, gre£~ses ___ -··------~---- _ 39,40 Anthraeitt· ·--- ______ .. _ __ __ _ _ _ _ 20, 21 t 27, 2?.; ,~5 hppart>l, V}CP..riog ___ . ____ 21, 22, 24, 2G. 28; 2~, 54 J.s;,halt ____________ ~--~---~--------- ..... _. 4f• t\utecw'.:iles ______ .19,20,4~,:!·1-,2t3,2Sr29,37,.S5 A~Jtomr.'bilc ucC~;>S:1 ories P .. nd :.1~.: !.s ... __ SS

i~~~~-.~r~~~-.. netal ___ -_-::=~====~=-~-------- 16 it:~t~:~~;,s~0~l~r;\;(~li~ ~ ~:::: - .. -- . --- 41' ~~ }~::iJ~.~~~~H·a~ ,,n~~!_.:-.-=-~== ------·- -LO, 21,27, ~~:~~ P<>11-l;;;, b!'l-:1.:::5, r:rk,~s. sak's, ~{ieh.h. _ !4, 35, J::i );-:l,)l'k !'U1>1ica1.ion ••. --·--------· 52 B' ,··.·::~, r 52

Brick. L1r<Jk.\.·:.: s' lo\~!-.R _ .. ________ .. ___ . ___ • JJ·dldit.,~ t;nn~ra.::t~ Hwo.rded ~J·<!i\··Jirq,~ C\<i.>~S--~- ---· •·---- --~---· l:<!ii -~ing e:qcenditures (indexes) ___ . _ :r::;~.~;:, ling-tnateria: pri .:-es _______ .. ___ . B1:t~F-r .... ___ . --------··--·----C,.:,n-.tdHon ;1tatjstics_ Cror;alll;:.dfi.c -----------­(>:uvlv, , _. ·--------··-- __ C<-!.p::.:'ll. flota~L>ns_. -----------

For pr''>d1H;tiv'! uses ________ _ C<-:rk:-,,nngs ___ . _. _. __ C:J~'h' r;r;~l u:lvefi ________ ----Ccll.J.L"l'>t: ph~ tic product:.;__-··· C:·;rt•n+-__ ----·----~··-

31.35 22 23 22 l.l _, 2

38 <~ :)

.:i-'7. 35 ')5

Jl:i 43

Clwin, sttlr,; s~•l·~-s ______ -··- 25 Ch~t:.'H: -·· .. - -· --.-- <~:2

~~:,~~~~~·-~~~.~j' ~·fg·~:rett~s -~ ~)~ :~, :.1. ~~0. 28, 2'), 31. ZJ, ~ ~ C!vil-~ervire en;p!oyces ______ ~ __________ . _ 27 C'hv jJr-.):luc-t~; ______ .... liJ, 21), 26, 28. 29, .. 32.53 •::kJthlr;.:.t (.:;t-e also h(lsiery) ______ 21, 22, z,:r, 2~. '):'-?

C:)aL ···--·---------- 2~l.21. 18,·lS (-::;OCI)'L.. . ... -··----·----~ 44 Cn:(·e':": ---------··---------· 4<-t Cui<{~.--··-·-~--~~-··-----"--·----·---··- •1-0 C:J~tw"rc:iHl failures_____________ ____ _ :!1,.32 C0rcn1;t•rcinl paper _________ ~ ____________ . JU, 31 Cfms~r:Jcb-~m;

C:>Jntr.Kt~~ ~warded_~.~~--------~---- 22 (-;o:qt.g ____ ----------- __ ---·· ..... _ ------·· ___ 23 }Ggh·v'l'-IYS and-grade crossb.s~s __ , __ ~----. __ 22, 2.~ \V~1g.;:, rates __ ··- ________________ .. __ . _ .. _ 3iJ

Cnpper ------ _ ------------ ...... __________ ·19. 50 CDpr:-J r>,nd cocoGut oil_ __ -----·-~- 40 c(,fn _____ --------------------------------- 42,43 C:·,st~oi·living inch~x. _____ ·-- _ .. __ . _. _ .. _. 21 Cotto11, r;:J.w, and manufactures .. 20,21 1 22,37.54 c .. ltton::;ec:J, cake and meal, oiL .. ___ . __ . _ 40 Crops ___ ... --------------·-- 19,40,42,43,45, 54 Cur:er.cy in circulation_____________ 33 Dairy pr0ducts _______________ -· _ "--- __ 42 Debits, bnnk _______________________ . __ . :10 Debt, United Statcfl Government___ _ ~3

Deta~'-'::t:re. en1ployment, pay rolls. 'vagc~. 2 7, 2E, 30 Dep3.rtment stores: Sales, stoc-k a. collt~ctione. 25

USt:NESS STATISTICS

Deposits, ban!~----___ , ___ ... --~-Page

31 27

19,36 Disputes, induslri;d_ _ __ _ Did--!ewl c:edsration pay1nent" fJnC rc;1es __ Earnin~;s, fa<'tory, nverHg(' weekly and

hourly._ . _ 28, 29, 30 Egg~. o.nJ chicke:1s. . 19.21,44 Eiectt-ic~--d e,.;·.ripmcnt _ _ _ _ .. _ _ _ 20,

21,24,2R,28,29,51 Electric power proJuction, ~;:Jit.:!:'l, n~,·cnues_ _ 41 Employment, estir:wted P.onr1gricuitut ttL___ 25 Employment indeKes:

Factory, by citles and States _ ___ 27 F11ctory, by industries. .. ----·---- 25,26. 27 Nonmanuf·Jr:turing_ .. ___ ---------- 27

Employrnent. security upc·ratlons 27 Emigration and immig_rAtinn_ 38 Engineering constructicn. 22 Exchfntge rates f~reif:,:n ___ _ .. ----- 32 Expenditures. United Stutes Goverume11t __ 33 Explosives._ .. __ . 39 Exports. ______ . __ . __ . . ----- 37 Factory emp!oyment, ;)~lY rolls, wages ___ .. _ 25,

26. 27. 28, 29,30 F<lirchild's retail priLe index _ _ 21 Farm wages _____ ~.. __ ------- 30 Farm prices. index .. _ _ 21 Federal Govc-rnment, finances_ _ __ 33,34 Federd·<~id high Nays and gradt crossings __ 22,23 Federal Reserve Oanks, condition of .. - ---- 31 Fed<·ral f~eserve reportinc member banks._ 31 Fertilizets _ ----- __ . _. __ .. __ . ___ .. 39 Fire-eY.tinguishing equipment.__ _ 55 Fire losses .. _____ -----~ ___ -~ ____ ~--·.. 23 Fish oils 'md fish.·---------·---- 40,45 Flaxseed_------···------- ___ 40 Homing ...... ___________ .. 47,48 FlOitL wheat. __________ "___ 43 Food products ______ ~----··- __ ,. ___ 19.20,21,

22,24,26,28,2Y,Jl.32,3J,37.41,42,43,44.45 F'ootw""----··- . 19.20,n,26,28,29,47 Fun:.-losnres, rco-11 estnte_____ 23 Fuun::1yequlpment ····----- 50 Freit!:ht c-nrs (equipment) .. ___ __ 55 Frd~.:.ht cerlo·vllngs, ~:<1rs, indexes_... 38 1•~rd1=_)1t-car su.rp!as_ -· 38 Fl'nit:· "lltd vq~etnbl.:-s. 21,42 I.-'J"i ;2tFl:pment~-- ___ . ___ SO FtJds ___ -···--- 20,2l.:H~32,45,46 Fur.nitnn: ___________ . -·· 48,49 Gas, \t!~tcl.n,~r~. s>Jc~·. ze\·enu<:~. 41 G~1s Hnd f·1d L•ils~. _ 21,46 C~l90linc _ -··-·--·-· ___ . 37,46 G(:l..din,t~.tit>le ____ ·-- 45 Cene:-d J'\': ~_l~OHI s'Jlcs . _ _ _ 55 c:~~':>3 nnd gh~.$W.'lt"·:_ El, ~·u. ~6t 28, 29,53 Ck,vd- ard mhtens_. 47 Gold . . . __ . 32 Go(,,h~ in w.::~n-:h,_,'.•s;,;::; . .. . ... _ 24 Crnin.~. ? l, 35, 42,43 C!vr·:l;.IH\.. .. __ .. 53 1-I:.'e:: :·ncl >ki""- 46,47 }:J>·-~s 43 1-.~·,:>Jt·-l::>~n b·•rtk>:;, l-' •cs r)l~:~>\n~'-'1 n,· 23 E ( •ll';;\' !i"][ t ~~ ',<,:'B. 23 'C{r,sil·r.v. 54 {-!;)t-elt'' 38 Ho:Js1t!U, ...... 21,22 }!lJwJi~'. -:·nw:nvn:t.·-~~. f,~!i;.:, :l't· 27,28,30 l'mmill-r:.tti·)a ;:::~;·i c-u.: ~r;'1 38 IL'Ylp()Ttc... 37

L·xn-.hcr -t'll.<~t·hil:e 1\:1 aei~irn; r..-facH~lt:·r_r __

19 33 24

19,20 31 25 32 31 21

--- 19, . 32, 33. 48,49

46 27 44 44

·--- 20,50 2°),31, 32,47

·--- 40 --- 4:1,44 23,30,31

-··-- 55.56 54

---- 46 2~··, :·fl. ?.8, 29,47' 48

54 'J•, 28, 29, 50

.. - --- 19, 20.21, ~1.32,33,37,50

r-.. !Ia~Jt~:;nt.' P.Jv.-:-rt!1-1i.ns. . .... _. _ _ __ 24 :vrandfar;t tJ!·~rs· o;dcnl. :o-!~1;,.;-ncnt:1, in.\'en ..

to~·ic-:~ ~ __ . ___ . _ _ ktanuLlrturin.-... inJ<:'x-=s . ~ .. _ _. __ IV'f::.tryJ,.-~ri'-1. etni~.loy~l''--'nt, puy roils_ 1\-:'!:ot-!sGchu':letrF, emplo_vme~tt. pay rolls,

20,21 19,20 27,28

wag;f·:s__ _ _ _ 0 _______ • 27128,30

Meats and mefl.t- pa' king._ . ______ . _ _ _ _ _ _ 19, 20,21.2fi,2H,29,37,44

Metals __ ... . 19, 20, 22, 25, 25, 27, 28. 29, 32, 33,48 Methorwl __ . .. _ _ .. _ _.. 39 !VTexlcG, sHver production ··-- 33 Milk ....... _ .. -·-- _ ___ ---·-- 42 Minerals __ .. 20,27,28 Navu! ":ttores _____ -··- _ _ _ ___ 39 New Jersey, en":.plovment, oay roUs. waf~l!s. 27, 28,30

Paa:e Newsprint _________ ------ ___ ------------ 52 New York, employment, pay rolls, wages_ 27,28,30 New York canal traffiC-------------------- 38 New York Stock Exchange _______________ 35,36 8irita ____ "j"------- --------------------- 43

o, emp oyment ---------------------- 27 gp• and fat_•---------------------------· 39,40

ord"e:a~~~';.ip;nenii:manufa~turm;:_--::: ~g Paiot sales ________________________ ::___ 40 Paper and pulp ____ 19, 20, 21, 22, 26, 28, 29, 51,52 P!lllsenger-car sales index_________________ 24 Pa88porta issued_________________________ 38 Pay rolls: ' .,

Factory, by cities and State•----~::" _____ _ Factory, by industries-----------------Nonmanufacturinll industries.----- __ _

Pennsylvania, employment, pay rolla, wiiiles-

28 27,28

28 27,

28,30 Petroleum and product•------------------ 19, p• - 20,21,26,27,28,29,33,46

1111ron. ------------------------------ 48 Porcelain enameled products______________ 49 Pork ______________ ---------_----------- 44 Postal business-------------------------- 24 Postal eavinP-------------------------- 31 Poultry and ea:&•--------------------- 19,21,44 Prices (see also individual commoditiea):

Retail indexes------------------------- 21 Wholesale indexes·---·---------------- 21,22

~ntin11-------------~------ 19,20,26,28,29,52 Profits, corporation·---------------·--·-- 33 Public relief---------------------------- 30 Public utilities ________ 22,27,28,32,33,34,35,36 Pullman Co·----------··--------------- 38 Pumps._------------------------------- SO Purchasing power of the dollar____________ 22 Radiators •• -----·-···--------------··-- 48 Radio, advertioina----------------------- 24 Railways, operations, equipment, financial

statistics, employment, wa11es----------- 19, 20, 27, 28,30,34,35,36,38, 55,56

Railways, etre_et (see street railways, etc.). Ran11es, electriC------------------------- 51 Rayon ____________________ ---------· 20, 22, 54 Reconstruction Finance Corporation, loans_ 34 Refrigerators, electric, household _____ • _ 51 Registrations, automobiles ____________ :_:: 55 Rents (houain11), index.__________________ 21 Retail trade:

Automobiles, new paeaen11er _ ----------­Chain stores, variety (5-and-10), aracery,

and other ____ ----------------------Department atore•---------------------Mail order _________ -------------------_Rural general merchandise .. -------------

~~~;-ti-iiffi~:::::::::::::::::::::::::::: Roofing asphalt. _______________________ _ Rubber, crude, scrap, footwear, tires and

24

24,25 25 25 25 43 38 41

tubes ___________ 19, 20, 21, 22, 26, 28, 29, 52,53 Savings dj'yooits________________________ 31 Sheep and ambs------------------------ 44 Shipbuilding ___________________ 19, 20, 26, 28, 29 Shoes. __________________ 19, 20, 22, 26, 28, 29,47

~il~e;:::::::::::::::::::::::::::::::-~~·22,~~ Skins_---·----------------------------- 46,47 Slaughtering.and meat packin&------------ 19,

,, . 20, 26, 28, 29, 43,44 Spindle activity, cotton, wooL____________ 54 Steel and iron (see iron and steel) Steel, scrap, exports and imports _________ _ Stockholders_--_----- __ ---- ____ • _______ _ Stocks, department-store (see also manu-

48 36

facturers' inventories>---------·-------- 25 Stocks, issues, prices, sales, yields ______ 34,35,36 Stone, day, and glass products____________ 19,

' .. ~ - 20, 26, 28, 29, 31,32, 53 Street railways and buses-----------·-- 27, 28,37 Sugar-------- _____ ------··------------_ 44 Sulphur _______ ----------------------·-- 39 Sulphuric acid------------------------·- 39 Superphosphate.________________________ 39 Tea __________ ----- ______ -----------____ 44 Telephone, telegraph, cable, and radio-

telegraph carriers ________________ 27,28,33,39 Textiles ________ 20, 22, 26, 28, 29,30,31,32, 54,55 Tile ___ -------------------------------- 53 Tin----------------------------------·· 50 Tobacco ____________________ 20, 26, 28, 29, 30,45 Tools, machine ____________________ 26, 28, 29,50

TraveL __ ------------------------------ 38 Trucks and tractors, industrial, electric •• __ 56 United States Government bonds ____ ----- 35 United States Government, finances_: _____ 33,34 United States Steel Corporation ___________ 36,49 Utilities ______________ 22,27, 28, 32, 33, 34, 35,36 Vacuum cleaners________________________ 51 Variety-store sales index_________________ 24 Veaetable oil•--------------------------- 40 Vegetables and fruits---------------- ___ 21,42 Wages, factory, and miscellaneous _____ : 28,29,30 Warehouses, apace occupied __ • ______ • _ _ _ _ 24 Waterway traffic-------·--------------·- 38 Wheat and wheat fiour·------------------ 37,43 Wholesale price indexe•------------------ 21,22 Wire doth------------------------------ 50 Wisconsin, factory employment, pay roUs, and wages _________________________ 27,28,30

Wood pulP--------------------------·-- 51

i'f~~~::::::::::::::::::::::::::::==-~~· 22, ~~