october 1940 su

OCTOBER 1940

CUR

SUOF

DEPARTMENT OF COMNtBUREAU OF FOREIGN AND DOMESTIC 0

V O L U M E 2 0 NUMBER

is Commerce Weekly Bulletin

United StatesDepartment of Commerce

Jesse H. Jones, Secretary

ISSUED BY THE

Bureau of Foreignand Domestic Commerce

James W. Young, Director

$2 per year PUBLISHED EVEEY THURSDAY 5 cents a copy

Commerce Wes&ly Bulletin replaces the former "Domestic Commerce/'dirfi&uted only three times monthly. The new weekly averages 16 pages an issueand contains:

Special 'Article.—-A specially prepared article covering seme strategic commodityor important phase of domestic business;

National .Defense Developments.—An official weekly resume of activities of theAdvisory Commission to the National Defense Council;

Digest of Federal Sleleases.- Digests of official news from Federal agencies onmatters of interest to businessmen;

Trade Association Developments.—A summary of developments in the field oftrade associations;

Federal Bills, Laws^ and Court Decisions. A resume cf important bills introducedin the Congress, including detailed digests of bills of outstanding importance, actsapproved by the President, and a summary of important decisions by the UnitedStates Supreme Court;

New Business Books and Reports.—A list of new books and reports of interest tobusiness, issued by governmental and private organizations.

Domestic Commerce Weekly Bulletin is edited to meet the current needs of activebusinessmen, digested to save time, and issued weekly to insure prompt dissemination.A sample copy will be mailed upon request or your subscription will be entered promptlyupon receipt of your remittance of $2 payable to the Treasurer of the United States.Mail orders to Bureau of Foreign and Domestic Commerce, Washington, D. C , or toany.ol the Bureau's Field Offices located in the cities listed below.

SALES AGENCY OFFICES OF THE BUREAU OF FOREIGN AND DOMESTIC COMMERCE

Atlanta, Ga.Birmingham, Ala.Barton, MOM.Buffalo, NY.Charleston, S. C.Chicago, HI.Cincinnati, Ofaio.Cleveland, Ohio.Dallas, Tex.

Denver, Colo,Detroit, Mich.Honolulu, T. H.Houston, Tex.Indianapolis, Ind.Jacksonville, Fla.Kansas City, Mo.Los Angeles, Calif.

Memphis, Teiin.Minneapolis, Minn,New Orleans. La.New York, N. Y.Norfolk, Va.Philadelphia, Pa.Pittsburgh, Pa.Portland. Oreg.

Richmond, Va.Rochester, N. Y.St. Louis, Mo.San Francisco, Calif.San Juan, P. R.Savannah, Ga.Seattle, Wash.Wilmington, Del.

UNITED STATES DEPARTMENT OF COMMERCEJESSE H. JONES, Secretary

BUREAU OF FOREIGN AND DOMESTIC COMMERCEJAMES W. YOUNG, Director

SURVEY OFCURRENT BUSINESS

A publication of the

DIVISION OF BUSINESS REVIEWM. JOSEPH MEEHAN, Chief

MILTON GILBERT, Editor

Volume 20 OCTOBER 1940 Number 10

CONTENTSPage

The business situation 3Purchasing more active in September 3Industrial production rises 5Construction of 10-year high 6

SPECIAL ARTICLE

Income payments to individuals, by States, 1929-39 8

CHARTS

Figure 1.—Monthly business indicators, 1936-40 2Figure 2.—Percentage increase in selected business indicators, 12

months ended August 1940 from the same period 1939, and August1940 from August 1939 3

Figure 3.—Value of exports of United States merchandise by selectedcountries and regions, 1938-40 5

Figure 4.—Index of machinery production with adjustment forseasonal variations, 1936-40 5

PageCHARTS—Continued

Figure 5.—Index of cotton consumption, with adjustment forseasonal variations, 1936-40 6

Figure 6.—Index of the value of department store sales, with adjust-ment for seasonal variations, 1936-40 6

STATISTICAL DATANew or revised series:

Table 37.—Exports and imports of wood pulp 13Table 38.—Pig-iron production 14Table 39.—Employment in manufacturing industries 15Table 40.—Pay rolls in manufacturing industries 16Table 41.—Consumption of rayon filament yarn 16Table 42.—Income payments 17

Monthly Business Statistics 19General Index Inside back cover

Subscription price of the monthly and weekly issues of the SURVEY OF CURRENT BUSINESS $2 a year. Single-copy price: Monthly, IS cents; weekly, 5 cents.Foreign subscriptions, 33.50. Price of the 1940 Supplement is 40 cents. Make remittances only to

Superintendent of Documents, Washington, D. C.

263113—40 1 1

SURVEY OF CURRENT BUSINESS October 1940

Monthly Business Indicators, 1936-400 0

90

80

7 0

6 0

INCOME PAYMENTS *(1929= 100)

i i • i i ! i i i i i

>

| | 1 M | | ,1111 1111111 I II II 1 1 II II

1936 1937 1938 1939 1940

CASH INCOME FROM FARM MARKETINGS*100

90

80

70

60

(1924-29

/WM M 1 1 1 1 1 1 1

= 100 )

II 1 II 1 I 1 1 II

\ Ah

1936 1937 1938 1939 1940

FACTORY EMPLOYMENT AND PAYROLLS

FACTORY EMPLOYMENT(ADJUSTED)

FACTORY PAYROLLS(UNADJUSTED)

1936 1937 1938 1939 1940

100

9 0

80

7 0

60

WHOLESALE PRICES(1926= 100)

/—v\

I I , , , , , ! 111111M 111 1 ! 1 II ! 1 1 1 II

I4U

1 Q A1 C. U

i nn1 UU

80

60

(VOLUME,

i i i i i 1 i i

193

/

INDUSTRIAL5-39=100)

1 1 M 1 1 11 M 1

PRODUCTIONi

/

1 i 1 i i i i i1 ! , , , , .

1936 1937 1938 1939 1940

IRON AND STEEL PRODUCTION

150

100

50

0

120

100

80

60

40

1 0 0

(1935-39 =

J

i 11 11 1 M 111

100)

\

1 1 1 1 1 I 1 II 1 1

£±

1 1 II 1 1 II 1 1 1

A f

1 | 11 1 I ! M 1 1 i I I I I 1 i 1 1 1 M

1936 1937 1938 1939 1940

FREIGHT CAR LOADINGS(1923- 25 = 100)

^ \

M i l l ! Ml M

|

1936 1937 1938 1939 1940

CONSTRUCTION CONTRACTS AWARDED

1936 1937 1938 1939 1940 1936 1937

* ADJUSTED FOR SEASONAL VARIATIONS

Figure 1.

(VALUE, 1923-25= 1003-MONTH MOVING AVERAGE)

1938 1939 1940

O.O. 40-/4+

October 1940 SURVEY OF CUKRENT BUSINESS

The Business SituationBUSINESS has entered the fall season with larger-

than-seasonal gains in most lines of enterprise,following an unusually active summer. After holdingapproximately steady at the high June level duringJuly and August, industrial production advanced sub-stantially in September. At the close of the monththe rate of industrial output matched that of thebest month on record, December 1939. The flow ofnew business to manufacturing concerns—-stimulatedby the defense program and the heavy demand forwar materials from abroad—has continued to grow,raising backlogs to a level which assures further expan-sion in manufacturing industries into the winter months.In the construction field, contract awards have beenraised to the highest point in 10 years through theincreased volume of defense and related projects.With employment and pay rolls rising sharply, retailsales have also been stimulated. All available evidenceemphasizes the fact that a general rise in income andbusiness activity is in process.

As may be seen in figure 2, a substantial increase ingeneral business activity has already been witnessedover the past year. Thus the rise from this time for-ward will be superimposed upon a relatively high busi-ness level. It is interesting to note that the comparisonsof the past year with a year earlier are in virtually allcases as favorable as the comparisons of August 1940with a year ago. The one exception is constructioncontracts, which show no significant gain for the fullyear as a result of the decline in public constructionfrom the higher totals attending the 1938 public worksprogram.

Purchasing More Active in September.

The tempo of the recovery movement was probablyquickened in September. With the expansionary impli-cations of the defense program more apparent, businesssentiment became more crystallized in the view that afavorable prospect was assured. Purchasing in pri-mary markets was activated and there was a rathergeneral tendency to lengthen commitments in an effortto forestall delivery delays or to anticipate advancingprices. Copper sales in September were the largest onrecord, with a total of 255,332 tons, and zinc buyingwas unusually heavy. As lumber prices jumped underthe pressure of concentrated Army buying, mills re-ceived a much increased flow of new orders. Sales ofcotton and woolen goods have also risen, and buying inhide markets has been more active. Reports fromwholesale markets indicate that the strong trend ofretail sales has led to reordering of fall merchandise.

Comprehensive data on new orders are availableonly for August at this time. These show that after a

slight decline in July from the June peak of 133, theindex of new orders during August again approachedthe latter volume. The gain occurred entirely in thedurable-goods industries. These industries have hada monthly increase in new business since February,the index rising an additional 6 points to 165 duringAugust. New business received in this month was thelargest since that of last October. The situation atthis time is, however, much more favorable than last

PERCENT INCREASE20 40 60

MONTHLY /NCOMEPAYMENTS

/NDUSTR/ALPRODUCT/ON

FACTORYEMPLOYMENT

CONSTRUCT/ONCONTRACTS AWARDED

DEPARTMENT-STORE SALES

NEW PASSENGERAUTOMOB/LE SALES

EXPORTS, U. S.MERCHAND/SE

WHOLESALEPRICES

112 MONTHS, SEPT.-AUG. 1340if ROM SEPT.-AUG. /939

I AUG. 1940 FROMI AUG. J939

Figure 2.—Percent Increase in Selected Business Indicators, 12 MonthsEnded August 1940 From the Same Period 1939, and August 1940 FromAugust 1939. (The August 1939 to August 1940 Comparisons Are on theBasis of Seasonally Corrected Index Numbers, With Special Adjustmentof the August 1940 Index of New Passenger Automobile Sales to TakeInto Account the Early Date of the Model Change.)

fall, since the total of new orders then was considerablyinflated by the purchase of semifinished goods for stock.In August, on the other hand, the situation was quitedifferent. New orders received by the machineryindustries were well ahead of other durable lines; theindex for electrical machinery rose from 190 to 214during the month and other machinery from 154 to 173.The August volumes w ere almost double the figures forthe corresponding month a year ago. New orders inthe non-durable-goods industries declined slightly, buttotal business remained reasonably high.

SURVEY OF CURRENT BUSINESS October 1940

Continued heavy volume of new orders placed withmanufacturers in recent months provided the basis fora substantial rise in shipments during August. De-liveries were up 9 percent from July, and allowing forthe seasonal low in the automobile industry, attainedthe peak volumes reached last October and November.In spite of this rise in shipments, however, incomingbusiness more than kept pace with the delivery rate,leading to a further rise in unfilled orders. Augustwas the fourth successive month in which the backlogof unfilled orders in the durable-goods industries ex-panded. Taken together with the increased rate ofpurchasing of primary materials in September, it pro-vides the basis for a general expansion of productionfor some months ahead.

Defense Program and Export Demand Provide Stimulus.

Although far from representing the major share of theincreased flow of new business, the national defenseprogram and the heavy demand for war materials fromabroad have given impetus to the recovery movement.The defense program is beyond the stage of stimulatingbusiness through anticipation; contracts are being placedin increasing volume, and considerable production isnow under way. The defense expenditures as reported

by the Treasury, totaled $596,000,000 in the first quarterof this fiscal year, rising from $153,000,000 in June to$219,000,000 in September. These figures, of course,greatly understate the quantity of production now inprocess for the defense effort, since the bulk of suppliesare not paid for until delivery. Contracts cleared bythe Defense Commission during the first quarter of thefiscal year totaled $7,600,000,000; and while delivery onthese will take place over a period of several years,production of both the actual materials and thecapacity to produce them is now increasing the flow ofincome payments.

The impact of current demand from abroad on busi-ness activity is similarly understated by the latestexport statistics. These show that the loss of Con-tinental markets was completely offset in August bya sharp increase in shipments to other countries,particularly the United Kingdom. Total exports ofUnited States merchandise in that month were$342,000,000, a 10 percent gain over the previousmonth, with shipments valued at $190,000,000 goingto Britain. The recent volume of purchasing by theBritish Purchasing Commission, however, is consider-ably above this figure, as is the actual quantity of goodsnow in production.

MONTHLY BUSINESS INDEXES

Year and month

Monthly Incomepayments, ad-justed i

Factory em-ploymentand pay

rolls

is

Cash farmincome 3

|

Industrial pro-duction, ad-justed i

Freight-carloadings,adjusted >

Retail sales,value, ad-

justed i

Foreigntrade,value,

adjusted »

If I

Monthly average,1929=100

Monthly av-erage, 1923-

25=100

Monthly av-erage, 1924-

29=100Monthly average,

1935-39=100Monthly average,

1923-25=100

1929: August1932: August1933: August1937; August1938: August1939:

AugustSeptemberOctoberNovemberDecember

1940:JanuaryFebruaryMarch _AprilMayJuneJulyAugust

Monthly average, Januarythrough August:

1929193219331937193819391940

102.257.058.189.079.8

85.286.188.088.590.0

90.389.788.488.288.688.789.390.3

99.762.155.288.680.283.989.2

101.855.857.689.280.5

84.885.086.987.788.9

88.287.587.086.287.387.788.689.9

99.861.353.587.379.283.887.8

101.859.959.489.581.5

86.986.988.589.390.4

90.289.689.388.789.890.791.193.2

99.665.156.788.580.884.990.2

108.462.481.0

111.787.9

95.997.5

101.2103.4104.5

103.9102.1100.499.299.2

100.2101.4103.5

106.066.468.8109.888.193.8106.6

113.541.458.6108.777.3

89.793.8

101.6101.6103.7

98.397.898.296.396.397.996.5103.7

111.448.145.7105. 274.886.198.1

93.574.5

75.593.0107.090.079.0

69.060.560.062.566.062.575.077.5

72.162.861.366.6

83.067.0

66.573.576.576.579.0

79.084.076.081.580.070.071.069.5

114548212090

104113121124126

122116112111115121121122

111586811983100116

114538112189

107113121124128

122116112110114121121123

113576612082101116

108648711597

91114119120114

118114117119118118120116

10565741119499116

11051647962

7077808278

7873697072757576

106535579596572

10568696860

6263626362

6261605960606161

104736668606160

111647593

1929-31 = 100

148.530.052.0120.554.5

76.583.593.7102.8108.5

125.8130.8112.5112.5104.1122.7119.5119.5

165.941.946.9

122.264.089.3

117.3

Monthly average,1923-25=100

Monthlyaverage,1926=100

10931387966

7272726791

9510092909110495100

112353169686390

11929507953

5759657377

7462606164697871

116363485495668

12230246266

7373768386

7563626464748592

127291963567276

143.559.662.793.481.2

88.793.996.594.5

113.5

101.387.999.097.699.795.697.592.8

137.567.5

»60.799.983.788.596.4

96.365.269.587.578.1

75.079.179.479.279.2

79.478.778.478.678.477.577.777.4

95.765.463.487.379.176.178.3

1 Adjusted for seasonal variations; monthly averages, except income payments, are based on unadjusted indexes.1 Average for 7 months, January, February, April, May, June, July, and August.

1 From farm marketings.

October 1940 SUEVEY OF CURRENT BUSINESS

There has been a large shift in the demand fromabroad away from the usual peacetime commodities togoods directly and indirectly required for war. Thelargest increases in exports, not only in August but overthe past year, have occurred in aircraft, steel, metal-working machinery, and munitions—the very products

UNITED f

M l l l l l l l l l

UNGDOM

Ay

i i m - l i M M

f

/

MILLIONS OF DOLLARS200

160

120

80

40

0

80

60

40

20

0

80

60

40

20

EXPORTS

CONTINENTAL EUROPE

MILLIONS OF DOLLARS200

CANADA

A

J \MIMI

/LATIN /AMERICA f

i !

V

ASIA

I M M I M M I

/

I I I I M

\

1938 1939 1940

ALL OTH

h i m

ER

160

120

80

40

0

80

60

40

20

0

80

60

40

20

1938 1939 1940

Figure 3.—Value of Exports of United States Merchandise, by SelectedCountries and Regions, 1938-40 (U. S. Department of Commerce, Bureauof Foreign and Domestic Commerce).

necessary in increased quantity for our own defenseeffort. Such concentration of demand in armamentswill tend to limit the expansion of production duringthe coming year, in contrast with what would be pro-duced by a generalized demand of similar magnitude.The reason for this is that capacity is not immediatelyavailable to fill all the direct needs—let alone thosewhich will be created by increased civilian demands.Given time, this capacity can be created, since we arefar from complete utilization of our resources.

Industrial Production Rises.

While industrial production increased a little duringthe summer months, the Reserve Board's index risingfrom 121 in June to 122 in August, a more substantialgain occurred in September. The rise was paced bythe durable-goods industries, as it has been during theentire recovery from April to date. Whereas the earlychange-over to new models in the automobile industrytended to offset gains in other industries during Julyand August, the rapid advance of assemblies in Sep-

tember augmented them. By the end of the month,output was close to 100,000 per week. Steel-ingotproduction has risen more than seasonally to over92 percent of capacity, and the heavy industries engagedin defense work have undoubtedly continued to speedproduction against their tremendous backlogs. Ma-chinery producers have increased output at a substantialrate from the already high level of production. TheAugust gain in the machinery index was 3 percent tothe highest figure on record. Shipments of ore to thelower Lake ports are reported at capacity in an effortto insure sufficient supplies to tide over the wintermonths.

Largely as a result of the rise in durable-goods pro-duction, freight carloadings have had a better-than-seasonal rise as the fall peak in traffic approaches. Load-ings during September were fractionally higher than

150

125

100

75

"SO

(1935-39=100)

/

1 M < , i < 1 I 1 ,

' \

\ V ,I I I . l l I I I I I 1 1 1 1 1 1 1 1 1 1 1 11 t f I 1 i t i i i

sJ

1 1 1 1 1 I t K^kk.

1936 1937 1938 1939 1940Figure 4.—Index of Machinery Production, With Adjustment for SeasonalVariations, 1936-40 (Board of Governors of the Federal Reserve System).

the corresponding period last year, when traffic wasunusually heavy. While coal shipments rose less thanseasonally in September, there has been a greater-than-usual expansion of ore and miscellaneous freight. Bythe end of September, electric power output, increasingmore than customary for the month, established a newproduction mark. Higher power consumption wasindicated in all sections of the country, with largestgains in the defense-industry areas.

140

120

100

80

60

1935-39 = l(

/

/

I I 1 1 1 1 1 M 1 1

)0

\

\

1 I I I I I . 1 I I I

A /

/A/

/J\1 , M l l l l l l l

L /

V

i i i i i 1 i i r i i

1936 1937 1938 1939 1940Figure 5.—-Index of Cotton Consumption, With Adjustment for Seasonal

Variations, 1936-40 (Board of Governors of the Federal Reserve System).

Production of nondurable goods in the aggregateappears to have been only moderately changed in Sep-

6 SURVEY OF CURRENT BUSINESS October 1940

tember, on the basis of data now available. Activityat woolen mills increased further as work proceeded onArmy orders. However, there was probably a slightlet-up at cotton mills, after the appreciable rise inAugust, and some decline in rayon output. Paper out-put has declined somewhat from the high volumes ofrecent months, but there has been a rather markedpick-up in the petroleum industry from the low of thesummer months.

The relatively greater gain of the durable-goodsindustries should not be interpreted as an unsounddevelopment caused by hesitancy of consumer buying.All retail sales data show that consumers are spendingfreely. In the first place, the durable-nondurable classi-fication is not a producer-consumer separation of indus-tries; many consumer goods are in the durable group.Furthermore, our information shows that inventoryliquidation of nondurable goods continued much afterthat movement had been reversed in durable lines.Hence, even though a major business expansion mustbe reflected in a greater gain of the heavy industriessince it must be based upon large-scale investment(both producers' and consumers'), activity in the lightindustries has been under the level required by currentconsumption.

I 10

100

9 0

80

7 0

(1923-25

/Aii 111! ii ii i

= 100)

1 ! M 1 i ! 1 I I 1

VV

1 1 1 I I 1 1 1 M 1

/

i u i i ! 11111

Ji n i i 1 i I I I I

1936 1937 1938 1939 1940Figure 6.—Index of the Value of Department Store Sales, With Adjustment

for Seasonal Variations, 1936-40 (Board of Governors of the FederalReserve System).

Construction Continues at 10-Year High.

During August and September, construction con-tracts awarded were higher than in any similar periodduring the past 10 years. The awards reported forthe first half of September were a little under the Augustrate, though not significantly so. For both periods,however, all categories of construction have exceededthe monthly average for the first 6 months, and with theexception of utility construction have substantiallyexceeded the 1939 average.

A strong trend continues to be shown by residentialbuilding, the $153,000,000 total for the 37 EasternStates in August exceeding that of a year ago by 23percent. It is the highest monthly volume since July1929. Total private construction (which includes pri-vate residential housing) recorded an advance from$194,000,000 in July to $220,000,000 in August. The

latter figure is found to be 43 percent greater than thatof a year ago. Slightly less than half of this increasewas the result of a larger volume of contracts for manu-facturing buildings. For the most part, these consistedof increased plant made necessary by defense require-ments.

Publicly financed construction awards had abruptlyjumped 83 percent from May to July, raising the totalin the latter month to $204,000,000—slightly more thanthe privately financed aggregate. During August,public contracts declined 4 percent to $195,000,000,becoming 47 percent of the total. However, the mag-nitude of public appropriations assures a considerableamount of construction work for some time to come.

Employment and Income Up.

The wide advance in industrial activity is beingreflected in an increase of employment and income.By August, factory employment had risen 4 percentover the April figure, representing an addition of 1.1million men and bringing total nonagricultural employ-ment to 36 million. The adjusted factory employmentindex in August rose to 103.5 from the July figure of101.4. This was still 1 percent below the peak reachedin 1939 and 8 percent below the 1937 peak.

The largest employment increase has occurred in thedurable-goods industries. Every major durable-goodsindustry except tin manufactures reported a largernumber of workers in August than in July, with machinetools, aircraft, shipbuilding, automobiles, and hard-ware showing the largest increases. A more modestgain was evident in nondurable-goods industries,though it was well distributed. The rayon, shoe, andfood industries showed a slight decline in their laborforce, but all reported moderate pay-roll gains.

A large rise in income payments was recorded inAugust, the Department of Commerce index advancingby a full point to 90.3. This corresponds to theJanuary figure, thus offsetting the decline of last springto a low of 88.2 in April. The gain resulted from anincrease in nonagricultural income, the adjusted indexof wages and salaries rising to the highest mark since1930. For the year to date, income payments havetotaled 47.4 billion dollars, as compared with 45 billionfor the corresponding period of 1939. With the pros-pect of a rising volume of income payments in theremaining months of the year, the 1940 total willprobably exceed 74 billion dollars, as compared with70 billion in 1939 and less than 72 billion in 1937.

Agricultural income remains 10 to 15 percent underthat of late 1939 and early 1940, partly as a result of thelate harvest of several important crops (notably cottonand tobacco), which has decreased marketings. Butthe main factor continues to be a level of agriculturalprices lower than that existing at the beginning of theyear. Since agricultural prices at that time were in-

October 1940 SURVEY OF CURRENT BUSINESS

fiuenced by an overly optimistic appraisal of the inter-national situation in relation to agriculture, a moreinteresting comparison is that between farm income inAugust 1940 as against August 1939. In spite ofsmaller marketings due to the aforementioned latenessof crops, farm income this August was $696,000,000,compared with $675,000,000 a year ago. The higherprices responsible for the increase, 96 this August(1909-14=100) as compared with 88 a year ago, reflectalmost exclusively the continuance of a higher level ofdomestic demand, for the value of exports of agricul-tural commodities was $18,000,000 less this Augustthan last. While evidence as to present and prospec-tive supply conditions is not entirely clear at themoment, it is apparent that little, if any, of the in-creased income can be attributed to changes in supply,increases in some crops offsetting declines in others.

The gains in employment and income have been re-flected in all retail trade indexes. Department-storesales, which expanded 8 points over July to 99 duringAugust, in terms of the adjusted index, scored weeklygains averaging 10 percent over September 1939.Retail sales of passenger automobiles were favorablefor August, and the new models have been met by anactive demand. Chain-store sales were up 9 percentabove August 1939, while the August year-to-year gainfor mail-order companies was about 16 percent.

Commodity Prices Rise.

During July and August, commodity prices continuedto weaken as they have almost continuously sincethe abortive rise occasioned by the outbreak of wara year ago. September witnessed the first persistentreversal of this tendency as purchasing in primarymarkets became more active. Though the Bureau ofLabor Statistics weekly wholesale price index of 813

commodities showed an average gain for Septemberover August of only a fraction of a point, the indexrepresenting the prices of 28 basic commodities rosefrom 108.1 at the end of August to 110.8 at the beginningof this month.

A break-down of the index into its various com-ponents gives an indication of the nature of the pricerise. The main element of strength was contributedby a group of domestic industrial commodities. Copper,lead, zinc, and steel-scrap prices were especially promi-nent in the movement, a reflection of the strong de-mand for durable goods. Cotton-print cloth and wooltops also showed strength as a result of increasedtextile output. Wheat was the only agricultural com-modity showing a significant rise, continuing theadvance started about the middle of August. Declinesduring the month were limited largely to agriculturalcommodities affected by international demand or anincreased supply of the specific crops and to certainimport materials. In the former group, cotton, corn,hogs, and steers were prominent, while cocoa and sugarfeatured the price declines among imports.

The rise in prices shown in September is not signifi-cant as yet, apart from a few commodities. Never-theless, it suggests that a vulnerable spot in the presentbusiness situation is the possibility of a resumption ofinventory accumulation. It should be recognized thatinventories are already high enough to support a muchlarger volume of production, and that the essentialthing at this time is to expand output by keeping goodsmoving through the channels of distribution into finaluse. Bidding up prices through speculative inventorybuying to levels that cannot be supported by worldconditions would not only hamper sound businessexpansion but would create serious difficulties in rapidlyachieving adequate national defense.


Income Payments to Individuals, by States1929-39

By John L. Martin, National Income Division

INCOME payments to individuals, both in total andon a per capita basis, increased significantly in

nearly all States from 1938 to 1939. For the Nation,the rise in total payments was 6 percent, equivalent to a5 percent increase per capita. Gains in some Stateswere more marked than in others, ranging from anincrease of 1 percent in total payments in Kansas to 11percent in Michigan, and from no significant change inaverage payments in Arizona to 10 percent in NorthDakota.

Per capita income payments in 1939 continued to becharacterized by wide variations among the differentStates. For all States combined, this average figurestood at $536, but individuals in 10 States received pay-ments averaging more than $636 and payments wereless than $436 per person in 18 States. Per capitaincome in the five States with the highest averages($750 or more) was more than three times the figurefor the five States at the other end of the range ($300or less).

NATURE AND COMPOSITION OF INCOME PAYMENTS

Total income payments are made up of four majortypes of income: Net salaries and wages, supplements tosalaries and wages (direct and work relief and unemploy-ment benefits, pension payments, workmen's com-pensation, etc.,) entrepreneurial withdrawals (incomes ofself-employed persons available for personal use), andcapital return (dividends, interest, and net rents androyalties).

Income payments should not be confused with na-tional income as there are important differences be-tween these two measures, both in magnitude and insignificance. Payments include certain types of incomefor which no services are currently rendered (as directrelief, public-assistance disbursements by governmentalagencies, benefits paid under unemployment compensa-tion and old-age insurance programs, and payments onveterans' adjusted service certificates) and omit certainelements of national income which do not immediatelyflow to individuals (as business savings and employerand employee contributions to retirement and unem-ployment reserve funds).

The estimates of income payments are developedfrom a number of different sources. Net salary andwage figures (including commissions, bonuses, and fees)

1 These estimates are revisions and extensions of data published in an article appear-ing in the April 1940 issue of the Survey of Current Business. Discussion presented inthe text of that article remains valid, but most of the figures have been improved.For a more comprehensive explanation of the concept of income payments, see IncomePayments in the United States, 1929-40. Government Printing Office, Washington,D. C.; price, 10 cents.

are reported in the various surveys of manufacturiiand some other industries conducted by the Bureauthe Census. These figures are supplemented by dafrom Government regulatory agencies and from tra<associations and by information developed throu^questionnaire surveys conducted by the National I:come Division. The salary-wage estimates are "nein the sense that contributions to the various unerployment compensation and old-age insurance airetirement funds established by governmental units aexcluded. Estimates of entrepreneurial net incomeagriculture are developed from data reported by tlBureau of Agricultural Economics, and information fwithdrawals in other industries comes from censreports and questionnaire surveys. Supplementssalaries and wages are nearly all well reported 1various Government agencies. Payments of dividencinterest, and net rents and royalties are distributed 1States on the basis of information on individual incorcompiled by the Bureau of Internal Revenue and <further analysis of income of this type received throu(savings institutions. Totals for the different typespayments and for all payments to individuals agrsubstantially with those reported by the Departmeof Commerce in its monthly series on income paymen

The per capita figures given in table 1 are derived 1dividing income payments by total population. Poplation estimates are keyed to census figures for 1930 ai1940, with interpolation for intercensal years basupon figures released by the Bureau of the Census iJuly 1 of each year from 1929 to 1937. Source mater:now available generally permits the allocation of salaand wage payments and entrepreneurial withdraw*only to States in which such income is earned. Sinthe population data are based upon residence, diff<ences between State of residence and State of emploment therefore may distort per capita income figuri

These differences are usually not substantial,two cases, however, the District of Columbia and N<Jersey, the error in per capita income as calculated frcavailable data is so marked that the figures are omittfrom table 1. From these data per capita income ithe District of Columbia would appear to be unusuahigh, since many persons earning their income th(live in Maryland and Virginia. For the opposite reasNew Jersey per capita figures appear unusually loThe per capita incomes reported for New York, Ccnecticut, Maryland, and Virginia (and possibly for soiother States) are also affected, but not so much asmake the figures unusable.

October 1940 SURVEY OF CURRENT BUSINESS 9

CHANGES BETWEEN 1929 AND 1939

State income payments are important indicators ofchanges in regional economic organization and in thelevel of economic activity. They provide backgroundfor analysis of many specific problems and are useful tobusinessmen and Government agencies concerned withpolicy decisions relating to purchasing and fiscalcapacities in the different States.

Total income payments declined steadily after 1929,finally reaching a level in 1933 at 57 percent of the 1929figure. Advances through 1937 were marked, butwere followed by a decline in 1938 with a partial re-covery in 1939. This pattern of change held fornearly all of the States as well, but differences in theamplitude of these changes were often significant. Thecolumns of table 1 presenting a summary of the shiftsover the period (the relationship of per capita income inindividual States to the per capitas for the Nation as awhole at both ends of the period) provide a means ofidentifying areas in which secular changes have beenimportant.

In nine States (Michigan, Illinois, North Dakota,South Dakota, Alabama, Mississippi, Oklahoma, Mon-tana, and Idaho), per capita income payments declinedby 50 percent or more between 1929 and 1932-33. By1939, per capita income was at 79 percent of the 1929

figure for the Nation as a whole, but average incomein only five of those States (Michigan, North Dakota,South Dakota, Montana, and Idaho) had recovered tothe same or a better level.

Per capita incomes in four States in 1939 were lessthan 75 percent of their 1929 figures: New York (73.0percent), Illinois (71.7), Alabama (74.5), and Missis-sippi (74.1). Averages improved substantially relativeto the national figures in a number of States, includingMinnesota (88.6 percent of the 1929 level in contrastwith 79.2 for the country as a whole), Virginia- (91.9),South Carolina (97.8), Georgia (87.7), Florida (88.6),Texas (86.8), Colorado (87.6), Wyoming (87.7), NewMexico (90.2), and Nevada (92.3).

These illustrations reflect the cyclical and secularchanges which have taken place over the past decade.Per capita income in some States is more variable thanin others, particularly where one State has a higherproportion of durable goods activity than another (asMichigan in contrast with Massachusetts) or whereagriculture is more important (as Iowa in contrast withMaryland). Per capita income in particular Stateshas also improved or declined in relation to the averagefor the country as a whole. The movements exhibitedin table 1 are compounds of the two tendencies.

Table 1.—Per Capita Income Payments by States, 1929-39

State iPer capita payments in dollars

1929

326586305978596928

1,025516333529892589536519375411574695874759570274608645538873651358

1,130325441747453664756844274446359462552603419728466653710

1930

243503222886588846874455275474769507526481319356559658816627534205556528547804601325

1,055265365650355573689770223430296389490550371649406569645

1931

189419172757494741805392228366617421414398263310491578741517458143466441457726546282909224254544277480580698189355241320409484323527346468547

1932

157315154585365574615308188264457314275281212243387467609394341131358315279554427207710182182403217367436565155194194260299383272401267355410

1933

145307144546355544582286186285430307290284194230372433559347329126337337312513415218654195217390226347408524166225186258299360250385262338420

1934

197370185600401607661341232349487305330335239273404481607444379164381463377597467276718248250460255409469563208272242300340397299444321388496

1935

208397201649433656736368253386530402374369262287437508639507421174408541378681489288755261287508287452504607221299259322385433324483343440545

1936

248447238754508751855430290443619481449427304326488577706589493217469587466753520332838292334598327536579668254369297367437493370580398513614

1937

255499243792554803912454295490664520461455319341502614724650511203484592454831549343860311365643359556612694265341309408474494386598412537629

1938

236457234726500711780426279434603461429409294339457559668552485194455510403744511315799290328562336519541630249348286388446457365574366489588

1939

243456244753522768848457292453640494446411300350481595705604505203472552421806519323825302362608343545575666268373296401449486385606378501623

Ratio to nationalper capita payments

1929

0.482.866.4511.445.8801.3711.514.762.492.7811.318.870.792.767.554.607.8481.0271.2911.121.842.405.898.953.7951.290.962.5291. 669.480.6511.103.669.9811.1171.247.405.659.530.682.815.891.6191.075.688.9651.049

1939

0.453.851.4551.405.9741.4331.582.853.545.8451.194.922.832.767.560.653.8971.1101.3151.127.942.379.8811.030.7851.504.968.6031.539.563.6751.134.6401.0171.0731.243.500.696.552.748.838.907.7181.131.705.9351.162

AlabamaArizonaArkansasCaliforniaColoradoConnecticut-DelawareFloridaGeorgiaIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusetts-.MichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew Hampshire..New MexicoNew YorkNorth Carolina-North Dakota-..OhioOklahomaOregonPennsylvaniaRhode IslandSouth Carolina...South DakotaTennesseeTexasUtahVermontVirginiaWashington -._West Virginia.WisconsinWyoming

i Per capita income not computed for District of Columbia or for New Jersey. See text.263113—40 2


Table 2.—Income Payments, by Types of Payment and by States, 1929-39[Millions of dollars]

Type of payment 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1929 1930 1931 1932 1933 1934 1935 | 1936 I 1937i J

1938 1939

Total..Net salaries and wagesOther labor incomeEntrepreneurial with-

drawalsDividends, interest, etc.-.

TotalNet salaries and wagesOther labor incomeEntrepreneurial with-

drawalsDividends, interest, etc.—

Total-Net salaries and wagesOther labor incomeEntrepreneurial with-

drawalsDividends, interest, etc—

TotalNet salaries and wagesOther labor incomeEntrepreneurial with-



drawalsDividends, interest, etc. .


drawalsDividends, interest, etc...


drawalsDividends, interest, etc

Total

Net salaries and wagesOther labor incomeEntrepreneurial with-


739

44810

14'134

Alabama Arizona

856

51013

24984

645

44014

11774

507

34728

7359

425

26321

10140

396

25230

7737

541

29945

15344

573

32041

16547

687

37560

19458

709

41640

18964

662

38056

17056

686

40258

16759

251

1725

4529

216

1475

3727

179

1209

2921

134

92

2114

131

8311

2413

160

9519

3115

203 235l 22l! 225

122123|

33! 35

107i19]

14617

4626

13121

4722

13420

Arkansas California

563

28814

20457

414

25116

10641

327

19632

6732

297

15230

9322

277J144J

271

357|

164i37|

126!30

17539

13932

19554

16639

463 450 j 472

20940

17242|

199!451

169!37!

20849

17639

5,390

3,23665

9111,178

5,058

3,07472

8631,049

4,389

2,613141

729906

3

2

454

115106

573660

3,

1

294

925133

617619

3,680! 4,0881 4,861; 5,1841 4,856;5,122

2,109| 2,341 2,1801 238 331

2,972i 2,249|

840 2,307i

|702689

778! 925! 1, 016|7311 936i 947!

885 •824!

965333

934890

Colorado Connecticut

613

39011

110102

610

35511

14896

516

30022

11183

383

24216

6065

374

I

425

23836

8665

466

25642

9672

551

29459

10989

608

32748

14489

554

30554

12075

581

31854

12782

1,476

96214

129371

1,363

84915

121378

1,208

72429

109346

945

56022

87276

902

54230

83247

902| 1,015i 1,105 1,272' 1,361! 1,2081,310

612;42!

95;266

68246|

d767

671661 758! 83746 67! 59

116; 1291 1201 127322! 320! 263 287

Delaware District of Columbia

243

1162

23102

209

105

2181

196

9314

151

743

1460

145

685

1359

166

784

1767

187

834

2179

220

00

Cn

2394

235

1085

2696

204

986

2476

222 624

44011

61112

632

44111

60120

611

43121

54105

543

38816

4693

480

33319

4385

538; 613

371!26!

43828!

45! 48!

Florida

671

39911

QO C

O

591

34222

12998

473

28017

9680

447

25527

9372

549

30538

11789

610

34035

129106

736

38955

149143

799

43539

162163

769

42951

147142

843

45958

162164

Idaho

235

1353

7918

212

1213

7216

166

999

4612

122

788

288

133

709

459

165

8216

5611

186

9615

6312

217

11020

7116

245

12514

8917

221

12016

7015

234

12417

Indiana

1, 894

1,30833

331222

1,648

1,12035

285208

1,381

91665

229171

1,037

68152

176128

1,022

64957

202114

1,222

76776

248131

1,350

85380

276141

1,626

999127

321179

1,758

1,14190

343184

1,565

961136

308160

1,070126

316172

Kansas

52618

292135

905

48219

298106

747

40936

21488

527

33024

11261

531

29429

15157

621

32040

18873

675

33846

21477

776

36869

24495

814

40444

263103

733

39550

19692

39651

19597

Georgia

727

50038

55134

759

54328

61127

744

53833

61112

790

57432

65119

586!141

266103

803

52816

16693

670

45333

10480

557

35922

coco

553! 695;

349 i31!

11261

39947:

763 j

435!491

201 !

78

881

48370

22999

903

53146

224102

858

49857

21786

905

526

22294

Illinois

6,729

4, 56971

8421,247

5,879

3,87374

7771,155

4,740

3,128148

612852

3,523

2,346141

453583

3,322

2,144172

517489

3,775

2,444224

541566

3,7751 4,121= 4,819| 5,1921 4,724 5,027

2,444 2, 6801 2, 986 j 3,342221| 351| 258

609!611!

695787

758834

3, 008 3,195312 327

686 i 7227181 783

Iowa

1,323

67318

462170

1,301

63520

492154

1,028

54841

321118

686

43329

13886

725

37534

24571

826

41244

28189

940

45044

35096

1,129^ 1,162 1,

492.82i

581j 51353! 63 66

1,128

543

438: 414; 405 \ 409117' 1141 103! 110

Kentucky

975

CO

00

257134

837

50920

185123

697

42240

135100

568

32231

13580

524

31036

10474

654

35141

17686

719

39246

19091

842

44275

220105

890

47854

252106

826

44561

22991

847

46966

21795


Table 2.—Income Payments, by Types of Payment and by States, 1929-39—Continued

Type of payment

Total _.



Total.



Total



Total



Total



Total



Total



Total



1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939

Louisiana

855

51812

199126

750

48714

135114

654

41130

113100

515

32125

9376

491

30235

9262

592

33842

13577

639

36741

14982

736

40062

17310.

781

45944

166112

784

45755

172100

820

47160

181108

Maryland

1,124

CO CO

137265

1,077

66114

121281

959

57629

107247

782

46423

89206

733

43128

92182

824

48243

106193

879

52239

117201

1,007

59360

132222

1,082

66541

141235

996

61453

128201

1,070

6748

133212

Michigan

3,608

2,50239

435632

3,035

2,09744

373521

2,498

1,673100

305420

1,

1,

893

31376

246258

1,

1,

667

15893

244172

2,156

1,491127

301237

2,

1,

495

740124

344287

2,

1,

950

982183

401384

3,312

2,363119

443387

2,

1,

806

868239

370329

3,123

2,160211

395357

Mississippi

546

2559

22755

412

22310

13742

289

17622

CO

C

O

267

14117

8722

258

to to

9020

337

14230

13728

363

15230

15130

456

17646

19737

432

19133

16840

417

17737

16736

19341

169

Montana

347

2145

9632

284

1825

6928

236

15110

5223

168

OO OO

2517

180

10613

4516

246

12721

7820

288

15221

9619

315

17231

8923

321

18624

8625

279

16629

6222

304

17725

Nevada

79

521

179

73

481

1410

67

432

1210

52

381

67

49

322

96

58

374

107

69

424

1310

78

465

1413

89

564

1514

80

534

1211

1939 1930 1931 1932 1933 1934 1935 1936 1937

I1938 1939

Maine

457

2789

OO OO

446

26210

8787

396

23417

CO

OO

315

18713

4768

306

18115

5060

334

20019

5263

364

21321

6664

408

23031

7374

420

25119

7674

383

22927

6364

404

24425

6768

Massachusetts

3,690

2,39850

346

3,470

2,19058

318904

3,1551 2,589

1,934110

825

1,53597

238719

2,376j 2,579

1,417| 1,534112 147

219 241657

2,736

1,663171

262640

3,030! 3,106

1,796236 j

285'713

1,921174

307704

2,873 3,03

'51 1,1,7235

290597

L, 879220

303633

Minnesota

1,454

85620

377201

1,373

81322

353185

1,190

71049

264167

893

57334

159127

868

toco

204113

1,007

56378

237129

1,125

62183

289132

1,326

689129

345163

1,388

76995

363161

1, 330 1, 398

745116

329140

792114

342150

Missouri

2,195

1,41330

417335

2,028

1,30333

361331

1,729

1,10267

285275

1,340

86048

218214

1,267

78052

247188

1,437

85876

291212

1,536

91585

309227

1,

1,

766

004142

347273

1

1,

814

08399

356276

1,

1,

709

032120

322235

1,

1,

782

070126

331255

Nebraska

739

37510

25599

753

35610

30285

628

31421

22073

383

24914

7248

426

22015

14645

511

24226

19251

503

25132

16456

613

27250

22962

593

28338

21260

526

27842

15254

552

28941

16656

New Hampshire

302

2044

3658

281

1885

Oi CO

257

1659

2756

203

1257

2348

199

1248

2245

226

14012

2747

238

14912

3047

254

15119

3252

267

16513

3455

250

15218

3248

254

16

3349

New Jersey New Mexico

3,228

2,13734

369688

3,091

1,99336

353709

2,734

1,69874

305657

2,197

1,35354

248542

1,981

1,19774

242468

2,184

1,332112

257483

2,322

1,432120

274496

2,621

1,574183

312552

2,747

1,741132

332542

2,557

1,618157

323459

1,711159

3264781

New York

14, 047 13,317

8,205144

1,7233,481

161

11, 567

6,982293

1,584 1,3513, 3371 2,941

9,096

5,332244

1,0522

8,429

4,843355

9902,241

9,311

5,420491

1,0872,313

9,848

5,793559

1,2212,275

10, 987

6,285767

1,3652,570

11, 329 10, 590

6,728555

1,4402,606

6, 355658

10, 991

6, 588627

1,364 1,4042, 2131 2,372

150

903

4215

138

853

3614

121

756

2713

90

615

CO Ox

97

576

268

126

6314

3910

137

17

36

163 175

9114

5416

163

8715

4615

8816

5016

North Carolina

1,017

59911

290117

844

55313

172106

724

46931

13391

596

37220

13272

647

38029

16177

832

43639

26592

883

47540

27098

1,000

53463

286117

1,073

59739

315122

1,013

57656

278103

1,068

61758

282111

12 SURVEY OF CURRENT BUSINESS

Table 2.—Income Payments, by Types of Payment and by States, 1929-39—Continued

October 1940

Type of payment 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1929 1930 1931 1933 1933 1934 1935 1936 1937 1938 19S9

North Dakota Ohio

Total..Net salaries and wagesOther labor income --Entrepreneurial with-


299

1363

14218

249

1234

10517

174

1068

4614

126

876

2211

149

758

5610

171

8122

5711

191

8721

7112

219

9332

8212

234

9827

9613

209

9726

7412

231

10021

4,918

3,44470

613791

4,325

2,96374

529759

3,641

2,420131

445645

2,706

1,78098

353475

2,626

1,729144

355398

3,105

2,022190

444449

3,444

2,254201

510479

4,059

2,586312

579582

4,384

2,912216

635621

3,844

2,445304

559536

305

587586

Oklahoma Oregon

Total- 1,072 854 673 531 550 614 684 769 834 782 797



Total.

Net salaries and wagesOther labor incomeEntrepreneurial with

drawals _ _Dividends, interest, etc

60114

298159

52916

172137

41140

13191

32236

10865

29636

15266

32448

16082

34449

20487

37485

204106

41966

230119

39872

204108

625 548 464 360 343 412 466 561 594 557 591

39675

210116

4019

149

36610

112

30621

23715

21720

24928

28229

11540

32347

13952

36532

14354

348

12048

37139

12952

Pennsylvania Rhode Island

Total-Net salaries and wagesOther labor income -Entrepreneurial with-


Total-Net salaries and wagesOther labor incomeEntrepreneurial with


TotalNet salaries and wages...-.Other labor incomeEntrepreneurial with-


Total-Net salaries and wagesOther labor income...Entrepreneurial with-

drawals ...Dividends, interest, etc—.



Total.Net salaries and wagesOther labor incomeEntrepreneurial with-

drawals ..Dividends, interest, etc...

7,230

4,94181

7631,445

6,653

4,49286

6781,397

5,631

3,674164

5691,224

4,253

2,751113

452937

4,002

2,569194

418821

4,595

2,979266

483867

4,947

3,174336

545892

5,698

3,570467

6091,052

6,038

3,972344

6741,048

5,347

3,352483

613899

5,678

3,636445

636961

575

3878

49131

530

3459

45131

482

29619

39128

391

22918

33111

363

22113

3099

391

24015

32104

423

26918

36100

467

28731

39110

488

31323

42110

445

27836

3893

473

30331

40

South Carolina South Dakota

475

2807

15236

389

2598

8636

333

22218

6330

277

18011

6323

299

18523

6823

377

21428

10728

404

22926

11930

470

25845

13136

493

29029

ooo

468

27338

12433

508

29541

13537

307

1334

14624

298

1295

14321

246

coo

10617

134

937

2113

155

7813

5311

187

8230

toco

200

9122

7314

241

9733

9615

220

10128

7714

223

10428

7813

239

11024

9213

Tennessee Texas

932

57216

234110

779

52218

14099

641

42236

10380

522

32428

11258

507

32629

9656

666

39341

16369

722

42843

17774

837

47867

20191

877

52544

21395

820

48757

19482

856

51760

192

2,651

1,48131

731

2,274

1,37334

509358

1,15979

365286

1,546

93455

342215

1,552

85670

408218

1,822

956100

488278

1,971

1,031105

542293

2,274

1,162170

373

2,559

1,332118

690419

2,455 2,558

1,325 1,362132

622376

140

649407

Utah Vermont

278

coco

5933

250

1603

5433

210

1328

4228

155

1035

2621

155

9411

3218

178

10717

3618

203

12418

4120

232

13623

4825

254

15816

5525

242

14722

5023

15021

217

1284

4837

198

1174

4037

174

1007

3334

138

775

2828

130

726

2725

143

778

3325

156

868

3725

177

9613

4028

177

1048

3728

164

9211

3526

100

3728

Virginia Washington

1,013

65414

230115

901

61216

156117

797

53535

119108

676

43822

12888

630

41126

11182

760

46437

16396

829

50639

181103

955

C5

OS

205123

1,002

61841

210133

958

59649

198115

1,019

64449

199127

1,126

74414

220148

1,018

68015

190133

834

55232

144106

640

42824

11276

620

38935

12670

723

44146

157

7 9

799

49650

17380

971

57289

200110

1,014

63463

203114

981

62178

182100

1,041

66273

196110

West Virginia Wisconsin

797

58610

11487

704

53011

7984

606

44423

7069

471

33616

6851

465

33233

5545

574

40138

8253

616

43037

9356

720

OS

00

10471

759

53141

11275

683

45460

10564

712

48551

107

1,906

1,20123

407275

1,675

1,04726

347255

1,382

86354

262203

1,051

66143

184163

1,005

60165

206133

1,156

68389

240144

1,317

77690

289162

1,545

869131

351194

1,637

99193

357196

1,504

906120

310168

1,555

955113

307180

Wyoming

158

1042

3913

146

962

3612

125

805

3010

94

644

188

97

575

269

115

638

3410

127

727

3711

145

7914

4012

150

849

4314

142

828

3913

152

858

4613


NEW OR REVISED SERIES

13

Table 37.—EXPORTS AND IMPORTS OF WOOD PULP *[Short tons]

Year Total Monthlyaverage Year Total Monthly

average Month 1934 1935 1936 1937 1938 1939 1940

Total exports

1913.1914.1915.1916.19171918191919201U21192219231924192519261927.

19,77612,33720.29440.02339,18022, 32440.05731.96628, 48324. 50023.06832.09837.99534.22032.006

1,6481,0281,6913,3353,2651.8603,3382,6642,3742.0421.9222.6753,1662.8522,667

1928,.1929..1930..1931..1932..1933..

33.48454.00848.42753. 30847.86179,192

2,7904, 5064.0364,4423,9886,599

January...February.MarchAprilMayJuneJulyAugustSeptember.October.November.December-

Total

Monthly average

9.84310.9958.20710, 3426. 5552, 36413,77918,74022.63911.81610,58817.067

142.931

11,911

15. 74013.04820.41013. 12514,8218.2167.1)57

15.11613.61710. 83215, 64824.081

171,711

14, 309

9.64810. 98610. 5.6627.55014, 26418.21222,57017.80721.94517. 17513,0609.642

193, 485

16,124

9,42910,75822. 67118.87632.11833,12335.48731.44834.90129. 52829,00435,201

322, 544

26,879

12,78420.40911.99416,0928.2964.4567.3456,1165.1465. 5056,19037, 151

140.484

11,707

6.3095,7485, 6745,0366.21110, 53311,03010.94616.87321.62220.98518,537

139, 504

11,625

15,71327,33330, 69437,41757,92340,86464,70260,379

Total imports

1913191419151916191719181919192019211922192319241925.19261927.

541,455675, 565579, 579683, 764677.841578.209636.01790(5. 297697. 100258.961383, 157523.062664,307733,635678,597

45,12156,29748, 29856,98056.48748,18453,00175, 52558,092

104,913115,263126,922138, 692144,470139,883

1928.1929..1930.1931.1932.1933..

761.607886. 346830,217596.422481,760941,582

146,801157. 196152,518133.035123,480161,798

JanuaryFebruary..MarchAprilMayJuneJulyAugustSeptember.OctoberNovember.December..

Total.

Monthly average

154,548155,541118.64491,392

143.041147,999171,067160,134158.831182.807164. 758157,212

1,805, 974

150,498

175,250108. 545119,37386, 123164,076153,680142, 560148,219161,309231,786199 494242.834

1, 933, 249

161,104

209.133155, 755146,458121,397167.933222.909208.100216.223211,710200,764201,095216,023

2, 277,500

189,792

190,645206,540167,263128, 238209.302260,022226,832216. 523202,525201.872207.622177.221

2,394,605

199,550

144.007127. 99693. 98578.842124.412144.175133,435174,125162. 156156.376182,781188,103

1, 710. 393

142,533

171.958110.816135. 12688,401158,698170,122157. 125150,569160,688216, 142272,049235.419

2,027,113

168,926

262,171158,82773,915109,98681,34593,35886,42683,640

191619171918.. . .191919201921192219231924192519261927192819291930

109.558122,520151,057199.07417H. 087330.337279.012342.392362.311393.064394. 185443 348447, 293422,334

* 10,9209,130

10, 21012,58816,66414,84127, 52823, 25128.53330, 19332. 75532.84936 94637 27435,194

193119321933

419 210374. 108558,434

34,93431, 17646, 536

Total sulphate imports

JanuaryFebruaryMarch . . _„AprilMay . . .JuneJulyAugustSeptemberOctober __ _.NovemberDecember

Total

Monthly average

46.36547.96731. 75ft19.9<>444.99840,97048, 21046, 35148,61658, 89149.04652. 366

635, 503

44,625

63.14327. 12437. 08121. 13760. st>467 0S242. 73044. 90855. 49371.21061. 25279. 318

611.342

50,945

76,50163. 27246.08929,72859. »H776 15769. 52974 56571,18857.45255,3786S. 591

738,097

61.508

51,87866.39053. 50522.94371. 58986. 16373.36269.00959. 63765. 09363.99350. M3

734. 215

61,185

50,01034, 25626, 54923.90344 71042. 54044. 05146. 77054. 30235, 84949. 60465. 394

517.938

43,161

56,06236.93541.27823.96650. 70S48 34952.0*745 49147. 03257. 707

104.94589. 859

654.419

54,535

101 36347.19721, 03030,85011,81517.81711,38517,020

Unbleached sulphate Imports

1916.19171918191919201921192219231924192519261927

19291930

107.933118. 761145.911182. 697174.004308. 564261. 740311.465342. 802374.97ft3S2. 101427 007430,085400,457

> 10,1518,9949,897

12, 15915, 22514. 50025.71421.81225.95528,56731, 24831,84235 58435,84033,371

1931.. . .1932 . . .1933

385.965347,938617,418

32,16428.99543,118

January .FebruaryMarchAprilMayJune . - . _JulyAugustSeptemberOctoberNovemberDecember

Total

Monthly average

43,37444.87526. 20215. ls240. 50336 43243.90242.95944. 95952, 52943, 39347. 064

481. 435

40,120

57. 80822.44931.6M515. 72442. 5*950. IS235,62537,60446, 73262. 37053. 54470, 372

52a 684

43, 890

67.12643,8»5338.85021, 34650, 84269. 05360.06267.11162, 48550.0374a 31658. 631

635. 722

52.977

43,71058. 18642.80115.8*960,13876. 70363,48167.64451. 27356. 33450.64945,582

622. 390

51,866

3a 76529, 74921. 23516. 23637.65137. 48639. 31539,7034a 17026,50737.42756,461

427. 765

35,647

49,93430.91334, 40117, 55537. 54939. 21543,61235 65238,64547, 53992. T5978,493

646, 167

45,514

79 35838, 75013.40824,889a 669

13 0585,546

12,636-

Total sulphite imports

1916 .191719181919192019211922192319241925192619271Q9819291930

289. 210270. 211282, 707473, 175328. 270712,088797 925934, 404970.211

1,034. 5901.035. 9841 062 4161,159.9741,106,4S7

'31,90024,10122,51823,55939,43127,35659,34166, 49477,86780. 85186. 21686.33288 53596.66492,207

19311932 .1933

963, 225917.430

1,168,943

80, 26976, 45297,412

January . .FebruaryMarchApril. .MayJuneJulyAugustSeptemberOctoberNovember.December

Total

Monthly average

92,97395. 5147fi, 92456,77279. 70395, 374

101.40895 95990. 453

106. 19796. 25186. 105

1,073.633

89,469

96,38168.84268.93755, 12995.72980,93288. 78589 89791.723

131. 8861J6.472137,737

1,122. 450

93,537

113.42989. 21980, 74977, 81687.988

132. 790114.848122 981114,535120, 895120. S90122.748

1.298,888

108,241

119. 107123. 87497. 46785. 000

115.458153. 299127.881130 885126,757118,112123. 590110.211

1,431.641

119, 303

80, 78783. 29066, 36243.21069, 59986. 94077. 551

112 51787.617

105.349115,684105.005

1,023.911

85.326

04. 59665, 75776.18453, 83088. 716

103. 85S84, 89784 74189. 31S

135. 795143. 7%111814

1,135, 302

94.608

140 2799a 10944 17265 03550.04553. 34954 882KK 318

- - - - - - -

» See footnotes on p. 14.


Table 37.—EXPORTS AND IMPORTS OF WOOD PULP—Continued[Short tons]

Year Total Monthlyaverage Year Total Monthly

average Month 1934 1935 1936 1937 1938 1939 1940

Bleached sulphite imports

1916..1917..1918 .1919..1920..1921..1922..1923..1924.1925..1926.1927.1928.1929.1930.

41, 03716, 75742, 755

128, 20695, 206

238, 664280, 650305, 053321, 413330,196348, 465344, 877374, 343361, 632

• 3 .3,1,3,

10,7

19,23,

175420396563684 !934889387

25,42126, 78427, 51629, 039283130

740195136

1931..1932..1933..

358, 418348, 372448 781

29, 86829, 03137, 398

January. .February.MarchAprilMay.JuneJuly....August.September.OctoberNovember.December._

33,94834,94838, 67029, 36729, 03634,11635, 29334, 58129, 29537, 73635. 45625, 584

30, 05926, 870

31,87339, 99928, 38834, 71236, 76936, 70843. 26647, 69744, 200

Total I 398.030Monthly average 33,169

429,42435, 785

38, 77039, 47441,96641, 84740,19047,12440, 59843,16741, 50845, 05345,94246, 529

39,19843,93647, 07047, 32643, 67049, 41845,93646, 74942, 04536, 67939,12030, 814

512.16842,681

511,96142, 663

19, 65523, 29523, 35420, 60525, 55421,19027,14333, 22532, 81330, 02940, 27940, 517

337, 659

35, 09826, 00237, 04531, 67435, 54241, 98233, 77736, 85340, 04256, 39853. 49246, 204

48, 88733, 61022. 83634, 06826. 82230, 29427, 66231, 376

474,10928,138 39, 509

Unbleached sulphite imports

1916..1917-.1918..1919..1920..1921..1922..1923..1924..1925..1926..1927..1928..1929..1930.

248,173253, 454239, 952344, 969233, 064473, 424517, 275629, 350648, 798704, 394687, 519717, 539785, 631744, 855

2 28, 72520, 68121,12119, 99628, 74719,42239, 45243,10652, 44654, 06658,69957, 29359, 79565,46962, 071

1931.1932..1933.

604, 807569, 058720,162

50,40147, 42160, 013

January—.February-MarchAprilMayJune .Ju ly .AugustSeptember-October.NovemberDecember

TotalMonthly average.-

59, 02560, 56638, 25427,40550, 66761, 25866,11561, 37861,15868, 46160, 79560. 521

675,60356, 300

66, 32241, 97240, 05423, 25655, 73052, 54454, 07353,12855, 01588. 62068, 77593, 537

74, 65949, 74538,78335, 96947, 79885,66674, 25079, 81473, 02775, 84274,94876, 219

693,02657, 752

786, 72065, 560

79, 90979, 93850, 39737, 67471,788 I103,881 I81,94584,13684, 71281, 43384, 47079, 397

919, 68076, 640

61,13259, 99533, 00822, 60544, 04565, 75050,40879, 29254, 80475, 32075,40564, 488

686, 25257,188

59, 49839, 75539,13922,15653,17461, 87651,12047, 88849, 27679, 39790,30467, 610

661,19355, 099

91, 39262, 49921, 33630, 96723, 22323, 05527, 22023,942

andid represent imports and exports of total chemical

Data for imports represent general imports prior to 1933 and imports lor consumption Degmnmg in tnat year. Total imports include in addition to the total sulphite andtotal sulphate data shown here and the mechanically ground wood pulp shown on p. 142 of the 1940 Supplement and p. 51 of this issue of the Survey, a small quantity of sodapulp which may be obtained by subtraction. Total sulphate imports include both bleached and unbleached sulphate pulp. Total sulphite includes all unbleached sulphite(including easy bleaching, news grade, strong and mitscherlich) and bleached sulphite (including rayon and special chemical grades and other bleached sulphite).

The data on imports and exports here presented together with the data on consumption of domestic pulp, shown beginning January 1934 in the 1940 Supplement and p. 51of this issue, provide a more comprehensive measure of the total consumption of wood pulp than heretofore shown in the Survey. Comparable data on consumption of domes-tic pulp are available only beginning January 1934. Annual production data shown in the 1940 Supplement beginning 1913 may be used in conjunction with the foreign tradestatistics in this table to obtain a rough approximation of total consumption prior to 1934.2 Average for July-December.

Table 38.—PIG IRON PRODUCTION[Thousands of short tons]

Month

J a n u a r y . . _ _ _ _ . _ _ -F e b r u a r yM a r c h _. . . . . . . . .Apri l . --M a yJune .JulyAugust . . _ - - _ . - -SeptemberOctoberNovemberDecember

Total

Monthly average..

JanuaryFebruary _ :_ . . . .MarchAprilMay _ . . -June - _ . . . -JulyAugust . ._ . - . . .SeptemberOctoberNovember . . . . . _ .December

Total :

Monthly average

1913

3,1312,8973,0953,0833,1612.9442,8682,8512,8072,8522,5012,222

34,411

? 868

1927

3,4763,2943,9013,8333,7983,4603 3053,3013,1083,1182.9663,019

40, 580

3, 382

1914

2,1112,1152,6302.5422,3442,1482,1932,2352,1081,9921,7011,698

25, 816

2,151

1928

3,2143,2483,5843,5683,6783,4523,4403,5133,4303,7793,6993,774

42, 378

3,532

1915

1,7941,8762,3112,3702,5352,6672,8713,1133,1953,5013,4023, 588

33, 222

2. 769

1929

3,8553, 5914,1604.1024,3664,1634,2394, 2063,9174,0193,5633,177

47, 360

3,947

1916

3,5673,4583,7383,6153,7643, 5973,6113,5883, 5873.9303,7093, 560

43, 725

3,644

1930

3,1673,1803,6363,5643,6213,2862,9562,8272, 5502,4252.0911,866

35,167

2, 931

1917

3.5292,9633,6423,7353,8273,6623,7443,6383, 5103,6993,5903,229

42, 768

3,564

1931

1,9201,9112,2762,2622. 2331,8351,6391,4341,3091,3141,2361,098

20, 468

1,706

1918

2,7012,5983,5993,6833,8603,7233,8323,7963,8283,9053,7573,846

43,127

3,594

1932

1,0901,0801,083

955878703641594664722707612

9,729

811

1919

3,6993,2933,4612,7762,3612,3692,7203,0732, 7872,0872,6792,949

34, 253

2.854

1933

637621607698994

1,4172,0082, 0531,7051,5191,2151,324

14, 798

1,233

1920

3,3773,3363,7813,0693,3443,4093,4353, 5253.5053,6883,2873,028

40, 784

3,399

1934

1,3611, 4151,8141,9342,2882,1621,3721,1811,0061,0651,0721,151

17, 821

1,485

1931

2,7062,1701.787L, 336,368

L, 193968

1,0691.1041,3961.5851,847

18, 529

1,544

1935

1,6551.802L 982L, 8631,9341,739L, 7031,9731.9902^2162,3142,359

23, 529

1,961

1922

1,8421,8262,2802.3212,5832,6442,6942,0342,2782,9543,1923,457

30,106

2,509

1936

2,2692,0432,2852,6922,9662,8972 9063,0373,0583,3513,3013,489

34, 293

2,858

1923

3,6173,3533,9473,9764,3324,1184,1203,8633, 5013,5273,2423,272

44, 866

3,739

1937

3,5973,3593, 8753,7993,9623,4803,9194,0393,8203,2402,2481,669

41, 005

3,417

1924

3,3813,4443,8823,6212,9292,2691,9992,1142,3002,7742,8113,317

34, 841

2,903

1938

1,6011, 4541,6271,5411,4061,1891 3461,6731,8822,2992,5422,476

21,036

1,753

1925

3,7753,6003,9923,6503,2832,9942,9843,0293,0533,3863,3863,641

40, 772

3,398

1939

2,4362,3072,6822,3031,9242,3732 6392,9793,2244,0634.1674,221

35, 317

2,943

1926

3,7143,2743,8553,8643,8993,6243,6103,5853,5133,7343,6253,462

43, 759

3,647

1940

4,0323,3113.2703,1373, 5143,8194 0544,238

1 Revised series. Data are compiled by the Iron Age and have been revised from a long tonnage basis to short tons. Data include pig iron and ferro-alloys made in blastfurnaces (except charcoal iron, which represented less than one-half of 1 percent of the total in 1937, according to the Census of Manufactures). Production as reported by theIron Age differs somewhat from that reported by the American Iron and Steel Institute, owing primarily to the inclusion by the latter of pig iron and ferro-alloys madein electric furnaces.


Table 39.—EMPLOYMENT IN MANUFACTURING INDUSTRIES x

[Monthly average 1923-25 = 100]

JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember

Month

JanuaryFebruaryMarchAprilMayJuneJulyAugustSe ptemberOctoberNovemberDecember

Monthly average

January . . .February.MarchAprilMayJuneJulyAugust_._SeptemberOctober. _.November.December.

JanuaryFebruary._MarchAprilMayJuneJulyAugustSeptember.OctoberNovember.December. _

10110611111511711611496

108107102102

Monthly average 114.5 93.2

115.0114.9123.0122.9119.0119.8115.7110.1106.7108.5110.3107. 5

1923 1924 1925 | 1926 1927 1928 | 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940

Machine tools

102.5107.2112.2116.4118.1117.1114.087.8

108.2107.7103.0103.0

108.1

99101102.99.96.93.

750726

87.075.85.

95

85.687.89.

16

92.0

92.694.194.094.595.597.399.093.0

103.3107.9112.2115.9

99.9

117.9118.6120.6120.2118.9118.6118.6108.7120.4122.2123. 2123.1

119.3

122.1121.4120.2118.4115. 7114.7111.7100.8112.2112.2110.7110.9

114.3

Without adjustment for seasonal variations

110.9114.2116.7120.2123.6126.1128.1121.4136.0140.5145.8151.0

127.9

153159165

824

166.4167.170.171.169.174.175.171.162.

167.

42622610

2

155 2150.8147 7142.1137.133.121.104.112.108.101.97.

126.

63754255

0

92.189.889.286.082.878.172.463.465.363.057.457.1

74.7

54.654.251.446.941.440.336.334.036.135.536.637.8

42.1

38.137.33.33.34.

4412

38.240.47.53.57.61.

73777

63.1

44. 9

6373

40

76.876 978.3777673.77.77.7881.

75.

8144261

8

82868992.93.96.

100.103.108.111.

4551604884

113.5115.4

99.5

116. 7118.4120.0122.0124.4127.2130.1126.1137.0139.5141.7145.3

129.0

150.2154.2159.4163.8167.3170.7171.1173.1176.5176.6172.8166.6

166.9

156.6150.4143.6137.3130.9122.4116.9113.2120.7122.4124.3126.7

130.5

128.0132.2135.7138.7141.2144.8147.4140.3156.2170.6183.9192.2

150. 9

196204211216221.

SC31

229.1235.237.

27

With adjustment for seasonal variations

99100100989593878385858789

92939393959699

102103107112115

117117119118118117119119120122123122

121120118117115114112110112112110110

111113115118122125128132135140145150

154158163165166169172183173175170161

15514914614113613212211311210810197

928988858277726865635757

555451474140363636353638

637276777877777777777881

828689929396

101108108111113115

117118119121124127131131136139141145

150153158163166170173180176176172166

157150142137130122118118120122124126

128132134138140144149146155170183191

Shipbuilding


104.6108.1106.1103.392.591.889.682.781.784.085.288.6

94.697.499.3

100.997.292.693.289.885.983.084.789.1

92.3

94.397.898.495.895.594.994.693.595.096.0

102.4110.197.4

111.1115.4115.8113.1108.5104.798.093.590.288.787.588.7

101.3

85.881.278.679.979.478.677.175.275.476.779.486.6

79.5

90.490.797.2

103.5104.4103. 3103.3101.0101.7101.9106.6111.1

101.3

116.0115.4113.6115.1111.0109.8105.0105. 5104.6101.494.895.0

107.3

93.389.586.388.585.985.281.775.676.875.678.578.7

83.0

75.675.674.676.673.270.864.360.558.457.456.756.8

66.7

55.252.149.245.548.649.253.658.965.867.965.669.7

56.8

67.269.172.775.176.980.874.076.276.476.974.974.7

74.6

74.679.681.781.883.973.779.080.183.988.090.991.8

82.4

93.291.3

101.2111.5111. 0107.3108. 5109.3112. 6113.1107.799.8

105.5

105.0109.6118.7121.4119.3116.2109.5111.8115.9116.7115.7114.6

114.5

108.4104.1103.499.0

101.8101.699.192.293.095.399.9

103.9

100.1

104.5110.3112.4116.2122.0125.7124.4121.5129.0133.6132.9139.4

122.7


113111117118116119116115113114113109

103104101999091908686888789

939495979592949491878790

94949293949697101101105110

109113111109106104999794939088

858077777778787878798186

909096

100102102104104104105109109

1151151141111091091061081061039794

939087868584837877768078

767675757270656258575756

555349444849546065676669

687172737581767876767574

768180798174818283879191

9593

10010810810811211211211210899

107112117117116117113115115116116114

1101061029699

103102959394

100103

106113111112118127128125128132133139

19:20<20121J22122i23J24

137.142.150.152.158.162.170.180.

1414U14Itie1718

Aircraft

Month

January . .February . _ ._ . . __MarchAprilMay .JuneJulyAugust . . _- .SeptemberOctoberNovemberDecember

Monthly average

1931 1932 1933 1934 1935 1936 1937 1938 1939 1940


406.8387.3393.6379.9392.6412.1355 7307.3315 4289.7295.1301.4

353.1

291.1285. 3291.3270.3261.5245.7223.8210.2197 1203.0223.7227.9

244.2

220.2222.5234.6246.6295.1303.3304.0292.8289.7302.3321.4322.1

279.6

323.1348.8395. 6412.5399.3441.7414.5369.9328.3291.0279.7297.9

358.5

341.1341.1352.2375.1381.6404.7420.0437.8442 4459.8466.1464.9

407.2

476.5510.5555.0587. 8631.4646.6678.6671.3660.1668.4699.0747.0

627.7

788.7825.8860.6883.0889.1898.3852.8879.4835.3862.2877.0850.7

858.6

846.7858.9864.2855.9834.7815.3807.5776.1774.2798.9828.5859.2

826.7

891.1956.7977.8

1, 096. 41, 203. 71, 304. 81, 398.91,413.51, 466.41, 556. 41, 749. 51, 886. 0

1, 325.1

2. 029. 72, 041. 52, 096. 22,166. 02, 328. 22, 518. 72. 703. 32, 872. 2

1931 1932 1933 1934 1935 1936 1937 1938 1939 1941


411391390372378396352307325305?m304

294288288265251

m222210203214226230

222225232242284292301293299318325325

326352392404388425410370338303383301

345345349368370393416438456474471470

481516550576613628672671681689706755

797834852866863872844879861889886859

855868856839810792800776798824837868

900966968

1,0751,1691,2671,3851,4141,5121,6051,7671,905

2,0,2,0i2 01

2, V2,212 4-9,fV2,s;

i New series. Indexes without adjustment for seasonal variations are compiled by the 17. S. Department of Labor, Bureau of Labor Statistics; the employment indexes ha-~ -"» - --r-iL. n- j — i r>—„,„ ci».n**^r. TVI/\O#\ ermine ar\r\i+inrmi fr» tbnQp ViPTP.t.nffirA rmTYMshed i n the Survev. have bei

16 SURVEY OF CURRENT BUSINESS October 19<

Table 40.—PAY ROLLS IN MANUFACTURING INDUSTRIES *[Monthly average 1923-25=100]

Month


1923 1924 1925 1926 192? 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939

Machine tools

JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember

Monthly average.

98.5103.010S. 0112 0113.5115.8108.887.4

105.610*. 3101. 1104.0

105.3

£9.7102.5103.1101.497.793 781.370.780.082.584.991.5

90.8

93.896.695.996.898.9

101.0102. 897.6

102.0114.8119.7126.3

103.9

125. 5126.3127. ^127.4124.4124.2121.4112.9123 3129. 1130.0131.3

125.3

125.7125. 3124.8120 1119.3117.6109.9102.1113.1112.9111.4113.9

116.3

112.4120.3126. 1130.6134.513S. 1135. J132.3148.8158.9105. 3175.0

139.8

170.9182.7188.7191.6191 0192.918H.61«5. 7101. 2108 1187.2179.7

187.6

161. 9157.0155.3146.3139.6133.2113.393.6

100.295.984.482.2

121.9

74.375.175.872.670.064.562.255.249.149.544.445.1

61.5

42.241.936.932.727.525.522.621.622 622.023.624.2

28.6

25.224.219. 519.420. 526.228.432.838 442.246.048.0

30.9

47.858.562.362.664.963.059.758.260.660.363. 167.7

60.7

69.975 579.380.983.685.890.896.4

102.1107.4108.7115.8

91.4

114.8117.5119.4120.1125. 9129. 5128.9129 2133.3146.7149.5162.8

131.5

165. 2172.0184. 1194.9198.1202.0196.3197. 5204.0209.6195. 3185.2

192.0

163.5149.6139.6126.0120.3107.0101.8105. 3116.5119. 5119.8129.7

124.9

129.7141.8146.0152.2161 4165.6165.7160.9181.8207.6237.8256.2

175.6

258270281287289302308302

Shipbuilding

104 8104.4118 0121.4129.4127.6113.799.8

109. 01H6 4116.1103. 5

Monthly average 112.8

JanuaryFebruary...MarchAprilMayJuneJulyAugustSeptember.Oct ober . -November.December--

103 4111 0106. 9107.7103. 590 191 585.784. 179.287 089 2

94.9

94.399.0

101.199.5

101.090 087.590 884.687.082.890.1

92.3

95 496.299.2

100.898.498.997.498.696.7

105.4105.5118.6

100.9

117.0118.6123. I125.2116.5109.2105.796.892.997.193.6

103.6

108.3

95 284.983.688.583.585.782.078.280.681.381.895.2

85.0

95 397.8

104.6lll .fi113.8115.0111.5105. 9112. 1111.3115.5122.3

109.7

121.7124.8124.4124.8123.6116. 5110. I111.0107 0100 798.798.6

113.5

90.987.883.185.186.278.672.269 264.668.766.369.0

76.8

66.264.861.767.258.755.854.045.044 445.241.744.8

54.1

40 338.535 433.235.735.939.643.449.350.950.252.8

42.1

51 852.656.157.464. 164.459.960.561.160.658. 159.7

58.9

60.364.268.166.370.659.863.966.270.475.677.782.8

68.8

83 481.592.0

103.6104.199.6

100.699.7

101.4105.399 693.2

97.0

99 5100.8118.7125.6122.4118.2110.2117 1117.4122.4119.9125.1

116.4

113.0108.2108. 1104.8105.6107.7102.892.695.097.896.9

110.4

103.6

109.8116. I118.8120.7131 3136.2131.512*. 3134.8143.6141.0152.0

130 3

148.149169.169.180.185.193.209.

Aircraft

Month

JanuaryFebruaryMarchAprilMayJuneJuly

1931

383 6378.6420 8388. 1401 7428.3353.5

1932

284.6275 8282.2260.9244.2237.5209. 1

1933

198.7204.2213.9222.7254. 2254.6243.1

1934

254.4276.0313.3317. 5311.1346.9328.9

1935

271.1287.5303.3318.8321.1338.3341.5

1936

402.0419.4458.4480.8535.8556.8541.3

1937

658.7713.7767 5801.4807.5818.3741.3

1938

755.9784.1785 1773. P771.1749.2730.9

1939

899.9952.9980.4

1. C>4.41,155.0I, 299. 21,337.9

1940

1,900.61.881.22,010.82. 062. 72.212.02,514.02,635.4

Month

AugustSeptember...OctoberNovember. _.December

Monthlyaverage...

1931

303.9306.2286.0308.0298.7

354.8

1932

209.9188.2195.1208.5215.9

234.3

1933

247.0224.9245.3267.6258.7

236.2

1934

301.4257.1236.6222.1241.8

283.9

1935

373.6370.9390.3382.8396.5

341.3

1936

523.8530.6568.3595.9671.6

523.8

1937

792.1707.9791.6799.4773.9

764.4

1938

709.4726.0773.9792.0871.9

768.6

1939

1,380.91.361.61, 512.11,718.01, 777.9

1,285.9

194C

2,972.

i See footnote to table 39, p. 15.

Table 41.—CONSUMPTION OF RAYON FILAMENT YARN»[Millions of poundsj

Month

JanuaryFebruarvMarchAprilMay -JuneJulyAugustSeptemberOctober -November ---December -

Total .- -.-

M"onthlv average

1923

2.9?. 83.32.P2.92.42.32.02.53.12.63 1

32.7

2.7

1924

3.02.82.93.02 ^2.82.S3.31.34.84.25.6

42.3

3.5

1925

4.85.55.24.44.64.74 84.84.85.25.24.5

58.5

4.9

1926

5.15.35.44.53.72.74.75.55.86 46.06.0

61.1

5.1

1927

7 33.3

10.19.58.77.87 08.08.39.18 67.7

100.5

8.4

1928

7.88.28.78.37.16.96.78.28.9

11.39.8S 4

100.3

8.4

1929

10.29.7

11.110.910.69.29.9

11.713.1l c . 211.19.0

131.7

11.0

1930

11.011.110.99.49.89.17.58.9

12.611.38.08.7

US. 3

9.9

1931

11.414.314.417.014.813.013.614.313.711.610.09.6

157.7

13.1

1932

11 110.510.57.76 36.28.9

18.220.418.616.717.4

152.5

12.7

1933

16.312.710.316.823.622.221.521.019.518.615.714.4

212.6

17.7

1934

17.417 115.412.713.714.015.115.413.420.018721.8

J95.6

16.3

1935

25.617.812.413.119.11 8 922.427.626.924.421.123.7

253.0

21.1

1936

23.122.820.621.020.224.629.230. 726.326.425.027.9

297.8

24.8

1937

26.125.227.527.227.227.326.526.820.714.19.49.1

267.1

22.3

1938

13.716.818.316.316.218. 131 930.733.125.121.7?6 2

274.1

22.8

1939

27.125.726.624.026.333.032.932.534.334.833.332.0

362 5

30.2

1941

3129.29.3132.3132.35.

i New serirs. Compiled by the Textile Economic* Bureau and represents total shipments of rayon filament yarn fn''tr«>cellulose through 1934 (process discontinued), viscosiacetate, and since 1936. cuprammoniuml to domestic consumers by American rayor producers, plus imports for consumption of rayon yarn. Acetate data are partially estmated ConsumptJ »n of rayon staple fiber, rayon waste, and minor rayon products are not included. The shipments series is based on reports received from approximatel90 percent of the industry. Data have been raised to c;mUete industry totals for the entire period.

This series replaces the index of rayon deliveries formerly shown which was based on these data The index of rayon deliveries compiled by the Board of Governors •the Federal Reserve System, shown on p. 20 of this issue is based not only on these data but also on estimated production plus imports for consumption of rayon staple fibe


Table 42.—INCOME PAYMENTS »

17

Year and m o n t h

1929JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember

Monthly average

1930JanuaryFebruaryMarchAprilMay .. _JuneJulyAugustSeptemberOctoberNovemberDecember

Monthly average ..

1931JanuaryFebruary _ __March . _AprilMay. _ .JuneJulyAugustSeptemberOctober. .NovemberDecember.

Monthly average

1932January.. . . .FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember .

Monthly average

1933January ._ .FebruaryMarchAprilMayJuneJulyAugust . . .SeptemberOctoberNovember _.December

Monthly average

1934JanuaryFebruaryMarch. _ . . . . .AprilMayJune -. . . .JulyAugustSeptemberOctoberNovember ._ _ _December

Monthly average

Indexes, adjusted!(1929 = 100)

Totalincome

pay-ments

99.599 298 999 099 099 3

100.3102 2101.4102.099.699.5

100.0

98.297.094.994.493.391.790.088.688.086.484.883.990.8

82.781.985.485.180.077.876.674.772.971.770.869.877.3

68.366.864.962.761.058.857.357.056.856.756.155.660.1

55.654.653.153.054.456.156.658.160.060.360.662.457.1

64.464.564.864.065.565.665.867.066.167.367.267.465.8

Salariesand

wages

99.599 299.399 299 399 5

100 5101 8101.4101.599 799.1

100.0

97 596.194 693.792.691.490.188 788.286 785.083.990.7

82.681.981.079.878.377.176.374 873. 171. 570.369.076.2

67.666.064.261.960.158 156.355.856.056.255.554.759.3

54.453.451.251.051.953.655.057.658.759.259.762.855.7

64.264.364.663.564.864.764 464.963.564.464.965.564.5

Totalnon-agri-

culturalincome3

98.698.899. 199 199.399 5

100,5101 8101 6101. 7100 499.8

100.0

98.797.496.395.494.393.092.090.589.888.587.086. 192.4

84.984.388.388.182.780.779.778 176.575.173.872.980.4

71.369.668.065.763.961.960.459.959.659.658.758.263.0

57.856.855.254.755.356.857.359.460.360.861.664.058.3

65.065 366.065.466.766.566.667.065 866.867.468.166.4

Totalincome

pay-ments

6,9376,3426. 5536, 7596.6816,8917,1806,7396,9887,4006,8106,7846,839

6,9996,2116,2966.4166,3096,4186,4085,8285,9756.1785,7665,7206,210

5,8735,2715,6735,8135,3895,4315,4364,8974,9355,1334,8194,7825,288

4,8654,2974,2954,3074,1324, 1624,0703,6933,8284,0483,8043,8184,110

4,0443, 5353,5133,6113,6563,8854,0163,7594,0364,3854,0964,2943,903

4, 6854,1994,2744,3824,2444,4714,6274,3614,5854,9634, 4754,7404,501

Amount (millions of dollars)

Salaries and wages 2

Total

4,1464,1764,2764.3414,4264,4534, 3554, 3964,4944,5614,3714,3044,358

4,0874,0604,0824,0994,1244, 1023,8883,8113.8863,8933,7843,6603,952

3,4803,4723, 5063,4943,4863,4433,2723,1903,2113,2023.0903,0193,322

2,8682,8182,7922,7162,6772, 5912,3922,3562,4572,5172,4432,4032,586

2,3192,2852, 2302,2402,3102,3862,3362,4342,5652, 6452,6232,7512,427

2,7522,7602,8162,7812,8442,8492, 7352,7502,7812,8862,8662,8902,809

Com-modityproduc-

ingindus-tries «

1.641L. 6941,7481,8011,861I, S851,868,910

1,917,924

1,784L 6841,810

1,5671, 5831,5881.6121,6321,6271,5601, 5301,5271, 5051,3951,3081,536

1,2111,2291, 2451. 2551, 2581,2331,2001,1741,1351,1081,033

9771,172

892887866832809111749746767784740700796

662672643662706758796851887899859839770

830893944977

1,0031,001

96fi977947986963972955

Dis-tribu-

tiveindus-tries 6

1,1171.0931, 1291,1401.1621.165I, 1781,1791,184

2051,1661,1841,159

1,116

[,102L, 100,107,098,074,049,045

L, 050.013.024

1,072

970948969956954945929903892886860858923

800764768746740709680665670682665667713

633605596602617628638665682707690699647

676673700706718720720714720735723741712

Serviceindus-tries 6

970970978978978977981984986995986997

982

973964959952947937917902898893882881925

859853849839827818799780774769760743806

737724711693683660635622622626618612662

602589570569572579580597609623625629595

632637643649657658653651648665666668652

Gov-ern-

ment

418419421422425426328323407437435439

408

431431433435438440337330416445443444419

438439439440441441337329405434431433417

428431433435435436319313388414408410404

401395391378380378277273342371370372361

367375377378387393311310376405407405

374

Work-reliefwages

13

2344667445685

111214101099

101011121411

2124302935434548454579

21255

24718215271797785989095

107104116

Directand

otherrelief

555554555556

5

77887677799

128

14141413121111121213141813

17212524252623262730374527

48505752494742424144555549

56586969686462686776819069

Social-securitybenefits

andotherlabor

income7

777677777878787878807979

78

80798181817587838385868882

8892

395442182124121110107110106114166

11010310210210197

1151191031009898

104

9896979593

10977777775747487

74727576858282828284848380

Divi-dendsandin-

terest

1,347795898

1,038857

1,0071,306

738856

1,084904

1,021988

1, 536851937

1,034889

1,0431,242

742772968803898976

1,283733793909754914

1,087680706886724801856

1,084602646765643790888531555706553630699

938501527613532625798452483723516643613

1,003547547705451639857494629825463777661

Entre-pre-

neurialincomeand net

rentsand

royal-ties

1,362,290

t,297,298

1,315,349

1,4361,522,555,670,451,374

1,410

,2891,214,188

1,194t,208,192

1,184

,227,223

[, 134,062

1,192

1,0089609659559559399459058fl9922885830931

786753730700686658652661686695673642694

641603602611672718763754870898830771728

800762767751796837SQ1

11

967026092981900881

Totalnon-agri-

culturalincome 3

6,3205,8076,0006, 1896,0766,2366,4435,9396,1566,4326,0786,1416,151

6,4565,7305,8235,9155,7675,8725,8575,2775,3775, 5685,2535,2935,682

5,5074,9525,3325,4715,0305,0735,0624, 5644, 5974, 7554,4764,5054,944

4,6204,0764,0804,0953,9073,9473,8443,4623,5673,7713,5473,6023,877

3,8393,3573,3193.3953,3733,5563,6433,4143,5783,8973,6913,9703,586

4,3383,8953,9724,0843,9044,0844 1893, 8624,0204, 3323,9704,3334,082

For footnotes, see p. 18.263113—40 3

18 SURVEY OF CURRENT BUSINESS

Table 42.—INCOME PAYMENTS l—Continued

October 1940

Year and month

1935

JanuaryFebrua ry . . .MarchAprilM a yJuneJulyAugustSeptember.OctoberNovember -December . .

Monthly average

1936JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember —December

Monthly average..

1937JanuaryFebruaryMarchApril—.MayJuneJulyAugustSeptemberOctober.NovemberDecember

Monthly average..

1938JanuaryFebruaryMarch ..AprilMayJuneJulyAugustSeptember __.OctoberNovember..December

Monthly average..._

1939JanuaryFebruary. _MarchApril..MayJuneJulyAugust.—SeptemberOctober..NovemberDecember

Monthly average-

Indexes, adjusted f(1929 = 100)

Totalincome

pay-ments

69.669.670.570.670.369.971.972.874.175.076.171.7

75.976.377.778.879.892.487.483.283.384.285.387.382.7

86.387.489.489.088.989.389.289.087.386.684.983.787.5

82.381.581.280.179.178.778.779.880.481.782.183.1

80.7

83.483.784.683.183.884.183.685.286.188.088.590.0

85.4

Salariesand

wages

67.568.26S.368.769.069.169.170.371.071.772.975.070.1

75.575.876.577.078.178.679.380.180.481.583.084.979.3

84.085.486.687.688.588.588.589 287.586.884.682.886.6

80.379.979.278.878.478.078.680.581.382.083.184.580.3

84.384.183.982.483.184.383.884.885.086.987.788.9

84.9

Totalnon-agri-

culturalincome3

69.770.070.170.570.870.870.971.972.673.474.275.671.7

76.377.078.078.779.793.688.183.483.484.285.386.982.9

86.087.188.188.989.389.689.589.587.887.185.383.987.5

81.981.681.480.580.079.779.881.581.982.483.384.481.5

83.484.685.083.884.585.885.586.986.988.589.390.4

86.4

Amount (millions of dollars)

Totalincome

pay-ments

4,8244. 4954,6764.9294, H154, 8214.7744,7055, 1275, 4.595,0145,3704,901

5,2264,9025,1885.3355,1406.3065.9655,2705,8426,0925,6256. 955

5,654

5,8105, 4175,9446,0155,6996,2746,1335,8636,1276,2915,6576,5535,982

5,6025.1045,3485,4785,1685, 5435,4755,1835,6745,9525,5546,161

5,520

5,7205,2985,7715,6745,4495,9565,7365,4396,0256,2595,8656,904

5,841

Total

2,8892.9282,9773.0133.0313,0442,9362.9813,1173,2213,2083,3043,054

3,2293, 2543,3273.3703,4303, 4623,3713,4073, 5313,6653.6703.7333.454

3,5783,6473,7643,8223,8843,9003,7723,8003,8493,9043,7373,6403,775

3,4203,4073,4403,4463,4443,4433,3403,4183,5703, 6843,6773,7193,501

3,5853,5893,6443,6113,6553,7233,5653,6043,7383,9113,8793,9083,701

Salaries and wages 2

Com-modityproduc-

ingindus-tries *

9731,0211. 0441.0541,0531,0641,0461,0931,1321. 1641,1361,143

1,077

1,0971,1111,1521,1861,2321,2541,2551,2931,3071,3611,3621,383

1,249

1,3091,3651,4301, 4831,5201.5271,5181,5491,5181,5211,3841,259

1,449

1,1451,1571,1601,1511,1561,1501,1551,2111,2551,2931,2761,268

1,198

1,2221.2451,2661,2451,2721,3211,3111,3591,3981,4721,4491,420

1,332

LFIS—tribu-

tiveindus-tries 5

7237187397537R0762762763781795784814

763

781783804812823829834835850871867897

832

848850890894912919918929929942912924

906

854834847849843837834839851870866900

852

852839S63861871882877880898928915945

884

Serviceindus-tries 6

674680685689691695694693702713718727

697

728736739745751759759761769785792807

761

794808819823829836836839841846842840

829

816800794791780778772111787799810824

794

810809808810816826817816827846850862

825

Gov-ern-

ment

402403407415418423333335416451450456

409

447444447452457461369362447480477486

444

477473476476479483383375457488488503

463

487489496500504510404403489524526533

489

518518524522528536419417504541537547

509

Work-relk'fwages

117106102102109100101978698

120164

109

176180185175167159154156158168172160

168

150151149146144135117108104107111114

128

118127143155l f i l168175188188198199194

168

183178183173168158141132111124128134

151

Fliropfuireciandotherrelief

9894

1021C29789889189948471

92

626261565150495053555865

56

717275716663636567687383

70

899091858180808080808389

84

929495908785858787888889

89

Social-securitybenefitsandotherlabor

income7

838485868687878690898988

87

8888888787

887500164135122112114

206

1041001019895

106103101102102101103

101

103120146139140146143152145139131129

136

132137153137143149141150140133134137

141

Divi-dendsand

in-terest

879520623810476674717501706832482835

671

876568733812523799875472852895507

1,809

810

901488788866504

1,015932622785852480

1,561

816

878456600760458814814434712760473

1,099

688

810425762750462915839443799775486

1,517

749

Entre-pre-

neurialincomeand netrentsand

royal-ties

875869889918925927946

1,0461,1251.2231,1511,072

997

971930979

1,0101,0491,1081,1701,1771,2711,3551,2781, 234

1,128

1,1561,1101,2161,1581,1501,1901,2631, 2751,3241, 3651,2661,166

1,220

1,1121,0311,0711,0481,0451,0601,0981,0991,1671,2891,1901,125

1,111

1,1011,0531,1171,0861,1021,0841,1061,1551,2611,3521,2781,253

1,162

Totalnon-agri-

culturalincome3

4,4554, 1374,2944, 5144,1844,3814,3184,1594.5094,7454,3814,837

4,410

4,8134, 5324,7724,8844.6465,7635,3574,6655,1485,3204,9466,3495,163

5,2814,9385,3635,4885,1745,7035,4875,2165,4225,5355,0006,0025,384

5,1064,6834,8885,0294,7105,0694,9564,6835,1095,2674,9875,6795,014

5,2694,8885,2955,2144,9625,4855,2394,9085,3865,5415,2396,3215,312

tAdjusted for seasonal variations.* Revised series. The revisions were occasioned principally by the adjustment of the monthly data to this Bureau's annual estimate of national income for 1939 and the

revised estimates for earlier years. The content of the series is indicated briefly below, but for a full discussion the reader is referred to a bulletin entitled "Monthly IncomePayments in the United States, 1929-40," recently published by this Department. See p. 19 for 1940 data.

2 Includes income in kind as well as cash income.3 Excludes net income of farm operators, wages of agricultural labor, and interest and net rents on agricultural property.4 Includes Agriculture, Mining, Manufacturing, and Contract Construction.8 Includes Trade, Transportation, Electric Light and Power, and Manufactured Gas.^Includes Finance, Service, Communication, and Miscellaneous industries.7 In addition to benefits payable under the Social Security program, this item includes pensions paid out by private industries and governmental agencies, compensation

for industrial accidents, pensions to veterans, and also loans to World War veterans on their adjusted service certificates, and since June of 1936 adjusted service certificatepayments less prior loans. These latter items account for the sharp rise in this type of income in 1931 and 1936. Loans and payments to veterans on their adjusted servicecertificates were carried as a separate item in an earlier series (cf., October 1938 Survey).


Monthly Business StatisticsThe data here are a continuation of the statistical series published in the 1940 Supplement to the SURVEY OF

CURRENT BUSINESS. That volume contains monthly data for the years 1936 to 1939, inclusive, and monthly aver-ages for earlier years back to 1913 insofar as available; it also provides a description of each series and referencesto sources of monthly figures prior to 1936. The 1940 Supplement may be secured from the Superintendent ofDocuments, Government Printing Office, Washington, D. C , for 40 cents per copy.

A few series have been added or revised since the 1940 Supplement went to press. These are indicated byan asterisk (*) for the new series and by a dagger (|) for the revised series. A brief footnote accompanying eachof these series provides a reference to the source where historical data and the descriptive note may be found.

The terms "unadjusted" and "adjusted" used to designate index numbers refer to the adjustment for seasonalvariations. Data subsequent to August will be found in the Weekly Supplement to the SURVEY.

Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey

1940

August

1939

August Sep-tember October Novem-

berDecem-

ber

1940

Janu-ary

Febru-ary March April May June July

INCOME PAYMENTS!

Index, adjusted.Total income payments .1929-100

Salaries and wagesTotal nonagricultural income

Total . . . milSalaries and wages:

Total -

. do . . .-_do..._of dol..

do _Commodity-producing industries..doDistributive industries . . . . doService industriesGovernmentWork-relief wages

Direct and other relief

. do . . .do

. . do . . . .do

Social-security benefits and other labor in-come mil. of do]..

Dividends and interest . . . doEntrepreneurial income and net rents and

royalties _ mil. of dolTotal nonagricultural income.._ do

AGRICULTURAL INCOME

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

Unadjusted.. 1924-29=100..Adjusted . ._

CropsLivestock and products

Dairy productsMeat animalsPoultry and eggs

. do .

do _.do

.do . .do

INDUSTRIAL PRODUCTION!{Federal Reserve)

Unadjusted:Combined index . 1935-39=100

Manufactures .Durable manufactures

Iron and steel . . . .Lumber and products*Furniture* .Lumber*

Machinery*Nonferrous metals*.Stone, clay, and glass products*

CementCommon and face brick*Glass containers*

do. .do . . . .

do. do

dododo

. . do . . . .do ._do

..do . . .do

Polished plate glass. doTransportation equipment* ._ do

Aircraft*AutomobilesLocomotives*Railroad cars*Shipbuilding* _

Nondurable manufacturesAlcoholic beverages*Chemicals*Leather and products

Shoes*

do..do .

dodo

. .do . . . .

do .. . do . . . .

dododn

Manufactured food products* . . .doDairy products* _ .... doMeat packing

Paper and products*Paper and pulp*

Petroleum and coal products*Coke*. - .

. .do . . .do

_do. .do . . .

Petroleum refining... .doPrinting and publishing* doRubber products* do

' Revised.

p 90 3P89.9P92.2

p 5, 761

p 3, 836p 1, 489

P 9 2 5P 8 5 9p 445P 1 1 8v 85

p 164P469

P 1, 207p 5, 210

P77.5

P 5 8 * 5P 79 5p 88 5P78.5P 6 5 . 0

p 121

P 1 2 7P 153P 1 2 3

125135

*>139

141

1249360

23

p 11589

P 1 1 2PIOO

112P 1 3 2

151P102

138

116"

85.284.886.9

5,439

3,6041,359

88081641713287

150443

1,1554,908

75.566.558.574.082.071.064.5

10310599

1081141101161021081271371501177847

17729

10375

126

1109697

11112112714097

11110911110411298

112PPI

BUSINESS

86.185.086.9

6,025

3,7381,398

89882750411187

140799

1,2615,386

93.073.564.582.084 084.567.0

11611611112511711511910612913013615711211074

175629875

132

11998

108111116135113110125121114116114111124

'eliminan

88.086.988.5

6,259

3,9111,472

92884654112488

133775

1,3525,541

107.076.568.583.589.087.066.5

126125131159121125119117147137139145124142103194949299

140

12010911610610711785

113136132122133121122128

r

INDEXES

88.587.789.3

5,865

3,8791,449

91585053712888

134486

1,2785,239

90.076.566.086.591.087.073.5

12612613616112012511612315712612613711412711821811195

112138

1181031139997

10975

131133131121141118119129

90.088.990.4

6,904

3,9081,420

94586254713489

1371,517

1,2536,321

79.079.074.084.091.582.070.5

124126139159111123105127156115105119107149152239150102132146

11586

1149591

10773

148128128118140115120118

90.388.290.2

6,093

3.7671,349

90284753513495

148840

1,2435,533

69.079.072.585.095.084.565.5

11711712814498

10993

123151906970

104129136251130102133144

10980

1119997

10071

146120122116138112106122

89.787.589.6

5,604

3,7421,339

88284553614095

151447

1,1695,108

60.584.081.086.594.082.080.0

11311412112110111396

123140836050

109106138251130103151145

10884

1111061079983

124116118115125113109117

88.487.089.3

5,987

3,7841,352

90084553914894

155820

1,1345,519

60.076.072.579.089.575.070.0

1121121211131071131041261351018871

11711114226313499

158162

10594

11399

104100

' 95116114114114120113111116

88.286.288.7

5,965

3,7841,356

90084554014392

152799

1,1385,479

62.581.577.085.589.588.070.5

11111211910610910810912612911411510311696

13926713098

141162

1051051148889

101112111119120115118114113114

88.687.389.8

5,689

3,8381,391

90885454813789

166472

1,1245,211

66.080.073.585.584.590.570.5

116116125123114108117126128

'12914013111991

130286118102137172

1091071138585

108148117

'127'128

115122113

'119117

88.787.790.7

6,252

3,8641,419

91586055012086

1661,021

1,1155,785

62.570.061.578.082 079.064.0

121122134151116110119129129128143

11779

129322114106124176

112120110' 8 8

88116168123130

' 131116131113119115

'89.2'88.6'91.1

' 6,07£

' 3, 75£1,423

92C854

'44C

8t

16/88C

1,182'5,534

'75.C'71.C

57.1' 83 (r 84 ('88.(

65. (

Hi' 1 1 '' 12

14'1110111:

'l2'

13i

12

' 9P 3 3

P 11p 11

18

' 1111

'11' 9

912

p 1610

P12

1113

'101C

fRevised series. For revised indexes of industrial production beginning 1919 (1923 for industrial groups and industries), including the new series, see table 31, pp. 12-1'of the August 1940 Survey. For revised data on income payments beginning 1929, see table 42, pp. 17 and 18 of this issue.

*New series. See note marked with a "t".

20 SURVEY OF CUEEENT BUSINESS October 1940


1940

August

1939


berDecem-

ber

1940

Janu-ary


BUSINESS INDEXES—Continued

INDUSTRIAL PRODUCTIONf-Con.(Federal Reserve)

Unadjusted—Continued.Manufactures—Continued.

Nondurable manufactures—Con.Textiles and products 1935-39=100.

Cotton consumption* do.. .Rayon deliveries*. do.._Silk deliveries* do. . .Wool textile production*.. do. . .

Tobacco products do. . .Minerals do. . .

Fuels* do.. .Anthracite do. _.Bituminous coil. do.._Crude petroleum do.. .

Metals* do.. .C * deCopper* doLead do.

i d o .ZincAdjusted:

Combined index . .do. . .M anuf actur es do...

Durable manufactures do...Iron and steel do__.Lumber and products* do...

Furniture* do...Lumber* do...

Machinery* . .do. . .Nonferrous metals* do...Stone, clay, and glass products*..do...

Cement do...Common and face brick* do...Glass containers* do...Polished plate glass do...

Transportation equipment* do...Aircraft* . .do.. .Automobiles do...Locomotives* do...Railroad cars* do...Shipbuilding* do...

Nondurable manufactures. do..Alcoholic beverages* do..Chemicals* do..Leather and products .do..

Shoes* do..Manufactured food products* do..

Dairy products* do_.Meat packing do..

Paper and products* do..Paper and pulp* do..

Petroleum and coal products* do..Coke* do..Petroleum refining do.

Printing and publishing* do_.Rubber products* _"_ do.Textiles and products.. do.

Cotton consumption* do.Rayon deliveries* do_Silk deliveries* do.Wool textile production* do_

Tobacco products do.

Minerals _do.Fuels* do.

Anthracite do.Bituminous coal.- do.Crude petroleum._ do.

Metals* do.Copper* _.do.Lead do.Zinc do.

MANUFACTURERS' ORDERS, SHIP-MENTS, AND INVENTORIES*

New orders, total Jan. 1939=100.Durable goods do. . .

Electrical machinery do. . .Iron and steel and their products do._.Other machinery do. . .Other durable goods do. . .

Nondurable goods .do. . .Shipments, total do. . .

Durable goods do. . .Automobiles and equipment do. . .Electrical machinery do. . .Iron and steel and their products do._.Transportation equipment (except auto-

mobiles) Jan. 1939=100.Other machinery do-..Other durable goods... do. . .

Nondurable goods... do. . .Chemicals and allied products do._-Food and kindred products doPaper and allied products.. do__.Petroleum refining do._.Rubber products do_-_Other nondurable goods do. . .

P 1 1 211414057

109110

P 1 2 0

P 1 1 2P 1 1 2p 179P 1 3 4

114117

P 122

158114

113P 1 3 7

114

""76

91v 115

9399

v 115113

P119

139

110* 114

124*>130

P6110610*

P 1 1 3P 1 2 2M09p 138*>142

117122

129.0164.8213.7139.7172.7178. 7106.0122.8128.6

P 3 9 . 7143.6163.2

200.0149.6147.117.7116.0110.7128.7104.0129.6129.3

1091051387510911593878510081132

(a)

10695

10410710511110510710410411211311212910895921778410274133

1089610010310711110511311211011010411110511211111412982106110

918911510879105

(a)

108100

v 103.6p 107. 3P94. 2p 103. 9p 102.8p 122.3p 101. 2107. 9103. 7

P 3 9 .P 107. 6p 127. 8

p 121.0112.8127. 7111.7

v 106. 5P 107. 8p 103.9p 104. 4p 123.7p 123. 2

11611714688110117121114115118112160

(a)111101

113118114128108109107108128116114126110110991819210083136

1119610610310411111011812111911211611211112211411712786113107

114113120114112121

107104

12312114599

122115129121118137115177

( a )

109116

1211211291611131141121151441231201191211241051949697

105138

11510611110510510910811313112812013311811812811911913091

125111

119117112123116128

( a )

111116

148.4203.3148.8232.6140.7231. 7113.2132.3141.6103.6123.5161.3

178.1134.8160.2124.6142.6113.9132.0114.9150.0130.2

13112815210113011212312099

135116141

(a)116128

1241241331611211211211231531201211251121121022169198

122142

11798

11110811211011011613413212014011711712612812414689

132110

12011897

119120131

( a )

109127

119.1140.7139.6152.2125.4135.8105.2132.6148.1132.7133.2166.5

179.0141.4146.9119.4127.7111.0127.5113.9125. 7126.5

12612515084118941111149311711693

(a)118134

12612814016712111812212515912813114211512412823912195136144

1189511210510811211512613513411913911611912312612815278115109

11411388106118124

(a)

112130

110.0114.0114.6115.2117.3109.1106.7128.1146.5135. 5128.7165.3

186.7143.3138.8112.1108.9106. 0119.1114.9113.2119.1

120124

' 14S7210718115120128132114V9144114133

122' 122135147115117115127154123125119116122137256129102156149

113101101

' 11110912412312311713711410911911712015169106103

118117111119116127147114130

104.4106.2122.989.5118.4116.0103.2118.2129.2124.7119.2137.1

184.8122.6126.1108.9112.0103.3118.8112.2122.4109.9

115123

'14165102981121168612111789142116135

11611612411811411311412314211310696118112137251129101158150

110961119899113114129114114116123115108119109115

'1446493106

11411278103118130140116133

100.5103.2129.381.1

118.8114.998.7118.9128.7122.1129.6133.3

187.6131.9122.3110.4108.0105.8119.1101.0115.8118.7

101114

-•1326677971101148610412187144115134

112112118106111112110123132120117106124105131263120101149156

106981099394

' 11211212811011011811811710611699108

••1396477103

11711484109120134141117127

105.5112.3128.7101.1125.2113.0101.0121.2131.1124.0132.6125.6

227.6142. 1128.4112.4110.6110.6118.8108. 2123.0114.6

97110

rl276073

10511111389

10112195

150119131

11111011399

11011110912312411511510811696

115267103103125156

107103111«585

M i l112117116

'117115119114108115

'100107

'1386179

111

11911683120118135144118127

110.2118.2130.5104.1132.9123.4105.0119.7132.9127.4142.1120.8

235.2l.K0.7129.1107.9114.5106.6124.4105. 5129.6100.8

109' 127

55'8511211811390103119149141122123

r 11511411911811211511012412611311510911291116281101102121164

1101001148786112110117

'127'128114123113115117103109

'1425887110

11811582122116135143124123

121.3141.0140.9144.6141.4134.9108.6122.9136.3117.7147.3132.7

197.1154.8137.6110.8120.5111.1137.1107.8134.997.3

1011071315188124118111104100116161

' 140116118

121121131154111113110128129111113

11180120315106102111170

114113116961001151111261311321151321121201151061121445689115

118116113116116134

'143117120

132.9156.9168.0161.3158. 7143.6117.6125.9139.6107.4153.0152.0

180.0156. 9137.2113.8120.6114.3142.1111.8159.298.3

'104104134' 5 1

98112

'121'111

101107

' 114'179' 133

112-120

121121

' 132156

'107117103

'133'136

114110

1171G0

'109*339

87P113

P 1 1 6P 1 9 0

'112108

'117

'110112116

P 1 2 9

112139

'113'106' 111

116138'57

'110103

'120'117'129'121' 114'139'150

120'128

' 127. 2' 158.5' 190. 2'151.2' 153.6' 161. 5' 107.1

117.2' 128. 6' 75.0

' 136.9' 146.3

' 187. 6' 147.1'131.9

108.6'110.0' 107.9

134.6' 102. 5' 121.7' 103.1

' Revised. a Data not available.tRevised series. See note marked with a " t " on p. 19.*New series. For industrial production series, see note marked with a "t"

and 5, p. 13 of the September 1940 Survey.

p Preliminary,

on p. 19. For manufacturers' orders and shipments beginning January 1939, see tables 4

October 1940 SUEVEY OF CURRENT BUSINESS 21


1940

August

1939


berDecem-

ber

1940

Janu-ary

Febru-ary March April M a y June July

BUSINESS INDEXES—Continued

MANUFACTURERS' ORDERS, SHIP-MENTS, AND INVENTORIES*-Con.

Inventories, total Dec. 31, 1938=100..Durable goods __ do _

Automobiles and equipment doElectrical machinery doIron and steel and their products - doTransportation equipment (except auto-

mobiles) Dec. 31, 1938=100. _.Other machinery doOther durable goods do

Nondurable goods doChemicals and allied products doFood and kindred products doPaper and allied products doPetroleum refining doRubber products ._ doOther nondurable goods do

v 110. 6p 114.8p 106. 2p 116.9p 120.1

p 195. 0» 110.5p 104. 7p 106.1P112.4p 101. 5p 107 3

P98 . 7p 124. 0p 106. 6

p 95. 7p 96.5p 76.5"94.8

p 102. 3

p 1 14. 5P95.7p 97.9p 94.9P96 . 7p 91.8v 93 lP89.7p 98.4P98.0

101.3103 3113.090.3

106.8

114.599.399.499.193.5

101.794.892.397 2

102.6

104.6107.2116.695.4

111.0

131.5102.2102.0101.896.0

104.898.192.7

102.2104.9

107.3110.3117.3103.9111.9

145.1106.1106.2104.1102.8106.0102.292.6

111.8106.0

109.3112 1118.4108.3112.0

153.1109.5108.1106 2106.0103.9105.791.6

113.8111.7

110.0112 7115.6111.7111 8

167.0111.9107.8107 0109.8102.5107.193.8

118.1111.8

109.8112 5112.1114.5111 1

165 6112.4108.7106 8111.1100.5108.094.5

119 6111.8

108.9111 4108.5114.9110 8

160 4110.9107.8106 2111.598.4

106.695.5

120 7111.2

108.6111 298 9

116.5113 6

164 9110.6107.0105.8111.197.5

104.997.1

122.2110.5

108.2111.189.5

115.6116.3

174.4110.0106.7105.2111.397.1

104.096.3

116.7110.3

r 108.9111.2'80.8

r 115 .6r 1 1 9 . 1

<• 185. 2'110.8r 105. 7r 106.4'111. 7r 100. 6r 104 5'98.3120.5

«• 109. 6

COMMODITY PRICES

COST OF LIVING(National Industrial Conference Board)

Combined index 1923=100-Clothing do-_.Food do-__Fuel and light _do.__Housing., do-_.Sundries d o . . .PRICES RECEIVED BY FARMERS§

(U. S. Department of Agriculture)Combined index 1909-14=100-

Chickens and eggs d o . . .Cotton and cottonseed do.._Dairy products _ do-._Fruits do-._Grains d o . . .Meat animals do_._Truck crops.-. do-_.Miscellaneous do-_.

RETAIL PRICESU. S. Department of Labor indexes:

Coal:Anthracite 1923-25=100-.Bituminous do

Foodf 1935-39=100-.Fairchild's index:

Combined index. . .Dec. 31,1930=100..Apparel:

Infants' doMen's __doWomen's do

Home furnishings- doPiece goods do

WHOLESALE PRICESU. S. Department of Labor indexes:

Combined index (813 quotations)-.19261=00,.Economic classes:

Finished products d o . . .Raw materials doSemimanufactures d o . . .

Farm products doGrains. .... doLivestock and poultry do ...Commodities other than farm products*

1926=100Foods do ...

Dairy products _.doFruits and vegetables d o . . .Meats. . . . . . _ do. . . .

Commodities other than farm products andfoods 1926=100

Building materials do ...Brick and tile doCements doLum ber do

Chemicals and allied products! do ._Chemicalsf doDrugs and pharmaceuticalst do._-Fertilizer materials!-- do

Fuel and lighting materials doElectricity doGas .- doPetroleum products do._-

Hides and leather products d o . . .Hides and skins doLeather d o . . .Shoes . . do

House-furnishing goods doFurnishings doFurniture do

86.073.079.984.886.997.4

90771097976110112107

96.2

92.9

97.089.192.294.686.0

77.4

81.069.877.065.659.371.5

79.970.174.363.276.1

82.093.590.190.6100.376.784.896.268.077.1

49.296.977.188.3107.088.594.881.8

84.571.976.784.086.396.9

889071100706410199100

93.5

89.5

96.088.489.090.784.1

75.0

79.166.574.561.051.566.0

77.967.267.958.573.7

80.189.690.591.391.874.283.877.165. 572.675.886.751.792.777.284.0100.885.690.081.1

85.972.280.784 486.597.0

102761077383117117

75.786.998.4

90.2

89.591.784.3

79.1

81.972.681.868.765.176.3

81.375.174.562.881.0

82.190.991.091.393.776.684.578.467.272.877.587.253.398.597.492.0101.886.691.781.3

85.872.680. 185.286.696.8

9710874112737711212894

97.6

91.2

96.388.790.492.784.7

79.4

82.372.383.167.161.670.5

82.073.378.960.274.9

83.892.891.591.398.077.685.279.768.673.975.484.454.01016112.497.8105. 787.893.781.7

85.772.979.685.686.7

97117751176679107123

96.7

91.9

96.488.790.993.585.0

79.2

82.072.482.167.364.166.1

81.672.380.161.271.2

84.093.091.691.398.377.485.279.769.874.176.582.253.9104.0104.397.8107.288.494.282.3

85.372.978.585.686.696.8

9782118658710196104

77.189.294.9

92.0

96.488.791.093.585.3

79.2

81.773.382.067.671.663.8

81.671.981.363.069.1

83.993.091.691.397.877.785.380.370.972.877.780.452.5103.7105. 295.2107.588.594.482.4

85.473.078.885.886.696.9

9991851196690103117113

94.8

92.3

88.891.493.785.5

79.4

81.773.881.769.173.567.2

81.571.781.960.369.9

83.993.491.691.497.677.785.381.371.372.777.678.651.7103.6102.696.0107.887.994.081.4

85,873.279.886.086.696.9

10198851187691101168107

96.6

92.6

96.688.891.894.185.9

78.7

81.472.779.968.772.865.6

80.871.180.058.768.4

83.293.291.291.497.677.585.381.371.072.478.281.650.9102.497.094.2108.288.094.281.5

85.573.278.885.886.696.9

9783851147392102128101

81.089.095.6

92.8

96.988.991.994.486.0

78.4

81.172.079.767.973.467.1

80.570.278.658.769.2

82.993.390.491.297.877.085.181.470.672.277.180.450.4101.894.393.5108.488.094.281.5

85.973.279.985.486.797.0

82851108196104145100

96.2

92.8

96.988.991.794.386.0

78.6

81.273.078.269.477.268.4

80.571.677.465.771.1

82.592.590.290.396.176.885.081.870.771.876.082.050.4

101.894.893.2

108.288.494.581.9

86.073.180.684.186.797.0

8483

1068892

108133101

97.0

92.8

96.988.991.894.686.0

78.4

81.372.078.367.971.269.6

80.571.472.869.273.8

82.592.590.290.596.676.785.182.070.871.773.984.450.7

101.392.293.6

107.988.594.881.9

86.473.181.784.286.897.0

958181

10410483

102134100

78.683.498.3

92.9

97.089.192.094.586.0

77.5

80.570.777.966.264.464.7

79.870.372.273.970.7

82.292.490.290.696.076.185.182.267.471.474.287.450.099.281.992.4

107.988.594.981.7

86.373.180.984.586.897.4

105

78110

97.4

92.9

89.192.194.686.0

77.7

80.970.777.866.560.869.8

80.070.373.769.072.9

82.392.790.190.696.777.084.995.967.371.1

88.249.599.084.691.4

107.088.594.881.8

r Revised. v Preliminary.§ Data for September 15, 1940: Total 97; chickens and eggs 104; cotton and cottonseed 76; dairy products 111; fruits 73; grains 77; meat animals 114; truck crops 118; mis-

cellaneous 95.tFor monthly data beginning 1933, corresponding to the annual figures shown on p. 13 of the 1940 Supplement, see table 23, p. 18, of the April 1940 Survey.tRevised series. Revised indexes of retail food prices beginning 1923 will appear in a subsequent issue. Data for chemicals and allied products (title changed from chemi-

cals and drugs) and the subgroups revised beginning 1926: see table 32, p. 18. of the August 1940 Survey.*New series. Indexes of manufacturers' inventories beginning January 1939, and indexes of prices of commodities other than farm products beginning 1913,appear in table

3, p . 13, and table 36 p. 18, respectively, of the September 1940 Survey.


Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data may be found in the1940 Supplement to the Survey

1940

August

1939


berDecem-

ber

1940

Janu-ary


COMMODITY PRICES—Continued

WHOLESALE PRICES—Continued

U. S. Department of Labor indexes—Con.Commodities other than farm products and

foods—Continued.Metals and metal products 1926=100..

Iron and steel doMetals, nonferrous doPlumbing and heating equipment

1926=100..Textile products do

Clothing do... .Cotton goods doHosiery and underwear doRayon* doSilk* do....Woolen and worsted goods do

Miscellaneous. doAutomobile tires and tubes _..doPaper and pulp do

Wholesale prices, actual. (See under respectivecommodities.)

PURCHASING POWER OF THEDOLLAR

Wholesale prices 1923-25=100.Retail food prices doPrices received by farmers doCost of living do

94.994.879.1

80.572.385.668.661.529.543.083.776.758.893.5

130.1°127. 9153.1118.2

93.295.174.6

79.367.881.565.561.528.544.375.573.360.580.0

134.2133.2166.9120.3

94.895.584.7

79.371.781.770.462.829.049.784.076.660.581.8

127.3126.6149.9118.3

95.896.085.3

79.375.583.274.363.529.554.391.377.660.586.3

126.8127.6151.5118.5

96.096.085.1

79.376.483.874.864.829.556.590.577.055.688.0

127.2128.4151.5118.6

96.096.184.6

79.378.084.275.266.029.566.090.377.455.689.0

127.2130.0153.1119.2

95.896.382.6

79.377.984.575.468.429.561.890.477.755.689.8

126.8129.7148.6119.0

95.396.379.2

79.175.484.973.664.529.551.687.277.355.689.5

128.0128.0145.6118.5

9 5 596.479.7

81.074.085.171.862.229.549.984.576.955.689.0

128.5129.7151.5118.9

94.594.379.2

80.972.984.770.261.729.545.483.877.758.089.5

128.1127.9149.9118.3

94.594.280.3

80.672.985.069.461.329.547.083.477.758.090.7

128.5• 126. 9

149.9118.2

94.794.381.2

80.572.685.368.461.629.546.183.777.358.291.7

129.9• 125. 2

154.8117.6

95.194.6

80.572.485.368.861.529.543.383.977.758.893.5

129.6» 126. 3

154.8117.9

CONSTRUCTION AND REAL ESTATE

CONTRACT AWARDS, PERMITS, ANDDWELLING UNITS PROVIDED

Value of contracts awarded (F. R. indexes):Total, unadjusted 1923-25=100..

Residential, unadjusted .doTotal, adjusted do

Residential, adjusted .doF. W. Dodge Corporation (37 States):

Total projects ...number..Total valuation thous. of dol..

Public ownership do...Private ownership do...

Nonresidential buildings:Projects numberFloor area thous. of sq. ft..Valuation thous. of dol_.

Residential buildings, all types:Projects number..Floor area thous. of sq. ft._Valuation thous. of doL-

Public works:Projects number..Valuation.. thous. of doL-

Utilities:Projects number. _Valuation thous. of dol.

Families provided for and indicated expendi-tures for building construction (based onbldg. permits). U. S. Dept. of Labor indexes:

Number of families provided for. _. 1929=100..Indicated expenditures for:

Total building construction doNew residential buildings doNew nonresidential buildings doAdditions,alterations,andropairs- -do

Estimated number of new dwelling units pro-vided in all urban areas (U. S. Dept of Labor):

Total .number.1-family dwellings do. . .2-family dwellings do...MuKjfamily dwellings do...

Engineering construction:Contract awards (E. N. R.) §_..thous. of dol..

HIGHWAY CONSTRUCTION

Concrete pavement contract awards:Total thous. sq. yd_.

Roads doStreets and alleys do

Status of highway and grade crossing projectsadministered by the Public Roads Admin-istration, Federal Works Agency:

Highways:Approved for construction:

Mileage no. of miles.^Federal funds thous. of doL.

Under construction:Mileage no. of miles..Federal funds thous. of dol_.Estimated cost do.

*>79*92*>80

31,512414,941195,293219, 648

5,19923,654

119,189

24, 27738,987

152,988

1,685119,358

35123,406

80.4

57.355.544.460.4

397, 253

6,4164,0492,368

3,90241, 210

9,439128, 737257, 567

76667367

23,270312,328158,459153,869

3,45312,27069,882

18,00331,166127,163

1,48695,170

32820,113

75.0

50.154.028.567.3

34,19823, 5431,4729,183

311, 222

6,1613,9072,254

3,13034,254

8,554123,044242,924

73687368

22,984323,227144, 216179,011

3,65016,49082,466

17,58932,978129, 680

1,38971, 418

35639, 663

57.9

45.441.237.058.4

26,85218,8081,6166,428

209, 337

4, 4653,0581,407

2,72330,821

119,472237,214

72667668

22, 402261,79691,604170,192

3,74915,49572,684

17,13629,372118, 303

1,22350,359

29420,450

58.5

44.243.630.758.4

27,15921,3621,5914,206

245,062

2, 6551,0671,588

2,82430, 750

7,473110,543222, 062

74598361

22,323299,847143,647156,200

3,24215, 42077,769

17, 75631,008116,588

97581, 584

35023,906

68.0

43.347.127.247.4

30,89021,6231,2478,020

302, 215

3,7182,4911,228

3,10035,315

6,746101,855205,183

518660

18,831354,098225,095129,003

2,71111,67557,757

14,89922, 58588,681

891180,683

33026,977

66.3

39.445.122.939.7

29, 69620,0522,1117,533

190,327

4,9513,2601,691

3,52840,132

5,98491,429184,441

61447553

13,517196,19192, 532103, 659

2,4539,10952, 532

10,13219, 08277, 400

73047,861

20218, 398

41.7

29.929.420.541.2

18, 55211. 4061,0946,052

191,977

2,5971,730867

3,88045, 616

5,83790, 220180, 686

54506356

15, 595200,57481,666118,908

2,85212,35670,565

11, S0719,10774,858

76242,929

17412, 222

54.6

36.137.123.148.1

24,18115,9941,7216,466

270,928

3,1222,297825

4,26446,677

5,96692,864185,954

63606257

23,920272,17894,971177,207

3,64514,44473,735

19,05331, 078121, 708

1,00858,905

21417,830

68.2

43.647.126.452.4

30,47222, 7292,2155,528

179,836

2,4861,827659

4,78247, 619

6,34798, 452196,974

26,101300, 504103,450197,054

3,81516,61088,821

20, 59433,459135, 420

1,51262,881

18013,382

82.7

52.157.429.564.4

37,32827, 4202,3267,582

211,816

4,0583,170

4,63346,922

7,306106,063211, 630

78756464

29, 201328,914111,578217,336

4,34616, 97190,164

22,93936, 312145,912

1,73381, 261

18311, 577

79.6

52.858.530.462.1

36, 27227, 7762,6175,879

282, 296

7, 5375.4962,041

4,64550, 515

8,388115,864230,819

26,679324, 726147,316177,410

4,07818,02891,995

20, 58433, 537135,274

1,78974,433

22823,024

63.0

46.645.230.969.1

28, 70623,4991,9093,298

252, 763

4,5751,713

4,73150, 724

8,915121, 248242, 425

'93'78'85'77

28,466398,673204,568194,105

4,13023,413138,954

22,38736, 227140,430

1,68685,681

26333,608

79.5

55.956.439.565.8

352,852

5,2273,4061,821

4,03443, 925

9,612126,761253, 523

' Revised. *> Preliminary.• Obtained by applying to the index for the preceding month the percentage change in the purchasing power of the retail food dollar computed on a 1935-39 base.§Data for August and November 1939 and February, May, and August 1940 are for 5 weeks; other months, 4 weeks.*New series. For indexes of rayon and silk prices beginning 1926, see table 29, p. 18, of the May 1940 Survey.



1940

August

1939


berDecem-

ber

1940

Janu-ary


CONSTRUCTION AND REAL ESTATE—Continued

HIGHWAY CONSTRUCTION—Con.

Status of highway and grade crossing proj. ad-ministered by the Pub. Rds. Adm.—Con.

Grade crossings:Approved for construction:

Federal funds thous. of dol..Estimated cost do

Under construction:Federal funds doEstimated cost do

CONSTRUCTION COST INDEXES

Aberthaw (industrial building) 1914=100..American Appraisal Co.:f

Average, 30 cities _-.1913=100__Atlanta doNew York doSan Francisco _ doSt. Louis do

Associated General Contractors (all types)1913=100..

E. H. Boeckh and Associates, Inc.:§Apartments, hotels, and office buildings:

Brick and concrete:Atlanta U. S. av., 1926-29=100-New York doSan Francisco -doSt. Louis do

Commercial and factory buildings:Brick and concrete:

Atlanta doNew York doSan Francisco . . doSt. Louis do

Brick and steel:Atlanta doNew York.. doSan Francisco doSt. Louis do

Eesidences:Brick:

Atlanta. doNew York doSan Francisco—_ doSt. Louis _._ do

Frame:Atlanta.. „ doNew York .. .doSan Francisco doSt. Louis do

Engineering News Record (all types) §1913=100..

Federal Home Loan Bank Board:Standard 6-room frame house:

Combined index. 1936=100..Materials _. doLabor _ _ _ do

REAL ESTATE

Federal Housing Administration, home mort-gage insurance:

Gross mortgages accepted for insurancethous. of dol. .

Premium-paying mortgages (cumulative)thous. of dol.

Estimated new mortgage loans by all savingsand loan associations:

Total loans thous. of dol. .Classified according to purpose:

Mortgage loans on homes:Construction doHome purchase doRefinancing doRepairs and reconditioning do

Loans for all other purposes doClassified according to type of association:

Federal thous. of dol. .State members. doNonmembers do

Loans outstanding of agencies under the FederalHome Loan Bank Board:

Federal Savings and Loan Associations, esti-mated total mortgages outstanding

thous. of doL.Federal Home Loan Banks, outstanding ad-

vances to member institutionsthous. of doL.

Home Owners' Loan Corporation, balance ofloans outstanding. thous. of doL.

Foreclosures:Nonfarm real estate 1926=100--Metropolitan communities do

Fire losses thous. of dol. .

9,49610,198

38, 32339, 674

202192220184209

189

96.8132.6115.1119.0

98.4135.7118.3120.4

97.1131.7114.3119.2

89.6126.1105.8111.2

87.2124.5100.8108.3

244.1

106.2104.4109.6

89,379

2,411,632

117,622

42,48840, 56717, 7626.079

10, 726

50,30546,80720,510

1,461,867

168,402

1,996,443

108105

20,722

10,65411,437

38,57940,505

200184220182206

187

94.6130.8116.8118.4

97.1133.7121.2119.6

93.0130.2114.4118.3

85.4123.5104.7109.3

81.9122.098.7

105.9

235.0

105.2102.3111.2

62,269

1,723,357

95,038

29, 86332,28217,0055,9099,979

40,64537,34017,053

1,186,784

159, 470

2,059,792

150146

22,801

9,88810.581

37,91939. 756

191

201188220184207

188

94.8130.8117.8118.6

97.2133.7122.0119.7

93.2130. 5117.5118.5

86.0123.9105.4110. 3

82.8122.899.8

107.2

236.9

105.7102.9111.2

62,008

1,776,784

89. 732

27,85431,36716,0215, 5448,946

37,09036.98915,653

1,206,887

163, 687

2,054,865

147136

22,837

10,28310,909

35,43537,190

203190221186210

188

94.9130.9117.9118.7

97.2133.7122.5119.8

93.3130.6118.0118.7

86.8124.3106.1110.9

83.7123.3100.5107.9

238.2

106.1103.6111.1

74,216

1,837,923

93,297

29, 25533.38315.8355,7849,040

37, 85437.84717, 596

1,231,685

168,654

2,049,421

131120

24, 301

10,18011,060

35,11236,577

203190221186210

188

95.3131.4118.2119.0

97.5134.0122.8120.0

93.8131.0118.4118.9

88.1125.5107.0111.1

85.3124.8101.6108.1

238.2

106.5104.4110.8

65,013

1,905,071

86,076

26,60730.43415,4454,7208,870

34, 78534,67116,620

1,252,559

168,822

2,043,288

136129

27,248

11.42811,986

30,52832,258

191

203191221185210

188

96.0131.1118.0118.9

98.2133.7122.7119.9

96.8130.4118.1118.7

88.3125.1105.8110.4

85.5124.5100.2107.2

238.3

106.6104. 5110.6

53,200

1,969,862

83,112

26, 92327, 77915,0014,3359,074

34,05333,20915,850

1,271,161

181, 313

2,038,186

126121

27, 959

12,44713.075

30,41032,077

203192221184211

188

96.0131.1118.0118.9

98.2133.7122.7119.9

96.9130.4118.1118.7

88.4125.1105.8110.5

85.7124.5100.2107.4

238.3

106.4104.4110.2

48,831

2,034,920

66,944

19,48822.03913,9993,4557.963

28,00825, 73713,199

1,280,200

156, 788

2,031,341

114108

36,261

12,61713,193

31,16732,775

203191221184211

187

96.0131.0118.0118.8

98.1133.7122.7119.9

96.8130.3118.1118.6

88.1124.4105.8109.8

85.3123.6100.2106.5

238.3

106.5104.5110.3

44,980

2,086,518

71, 522

20,15225.38914,5903,4377.954

29, 78628. 94112,795

1,296,464

144, 515

2,026,614

10399

34, 410

12,13312,908

31,78733,272

191

202189221183210

187

96.5131.3118.0119.0

98.1134.0122.7120.0

96.8130.6118.1118.8

88.5124.8105.8110.9

85.7123.9100.2107.9

238.3

106.4104.4110.3

63,602

2,132,701

90,368

26,71132,16816, 7694,657

10,063

38,24136, 48415,643

1,317,975

137,642

2,021,951

112104

29, 789

9,81010,420

34,52535,819

203190221183210

187

96.6131.9117.1118.9

98.2134.6121.9119.9

97.0131.3115.2118.7

89.4125.9105.8110.4

86.8124.4100.2107.2

238.9

106.2104.3110.0

76,874

2,180,413

108,001

33, 76437.82120,8596,0979,460

46, 57743,01518,409

1,348,072

133,811

2,020,572

113108

26,657

10, 32811,394

36,45837,751

202191220184208

187

96.7131.9117.2118.9

98.3134.6121.9120.4

97.1131.3115.3119.1

89.5125.9106.2110.8

87.0124.4100.5107.8

241.6

106.2104.4109.9

79, 930

2,233,991

114, 542

36,95642,04918,0346,896

10, 607

49,28745,80319,452

1,376,700

137, 509

2,017,395

126119

23,447

10,11911,094

37,01338,239

193

202191220184209

188

96.5132.1114.5118.8

98.2135.5117.8120.3

96.9131.1113.1118.9

88.8125.4104.3110.1

86.1123.698.6

106.9

242.2

106.2104.4109.7

84,357

2,288,348

106,984

35,52338,40217,1475,691

10, 221

47,43542, 21417,335

1,405,100

157,397

2,012,760

116108

19, 506

9,65210,596

37,68239,010

202192220184209

188

132.3114.9118.8

98.2135. 5118.2120.2

96.8131.5114. C118. £

88.1124H104.-<110.1

85.1122. i

98. J106.1

242.1

106. (104.!109. J

88,07.

2,348,66:

114,30

39,9040,6517,646,119,97

48,6745,4120,21

1,432,10

162,22

2,004,73

111C

§Beginning with the September issue of the Survey indexes computed as of the first of the month are shown as of the end of the preceding month. The EngineerinNews Record Index is similarly shown in the 1940 Supplement as of the end of the preceding month.

fRevised series. Revised annual indexes beginning 1913 for the composite 30-cities series are available in footnote 6 to p. 20 of the 1940 Supplement; annual indexes fcthe individual cities and monthly indexes for all series beginning January 1939 will appear in a subsequent issue.



1940

August

1939


berDecem-

ber

1940

Janu-ary


DOMESTIC TRADE

ADVERTISING

Printers' Ink indexes (with adjustment for sea-sonal variations):

Combined index 1928-32=100..Farm papers doMagazines. doNewspapers doOutdoor doRadio do. . . .

Radio advertising:Cost of facilities, total .thous. of dol_.

Automobiles and accessories doClothing doElectric" household equipment doFinancial _ _ doFoods, food beverages, confections doHouse furnishings, etc . doSoap, cleansers, etc.. doOffice furnishings and supplies doSmoking materials - doToilet goods, medical supplies doAll other do

Magazine advertising:Cost, total do

Automobiles and accessories doClothing . . .doElectric household equipment ..doFinancial ..doFoods, food beverages, confections doHouse furnishings, etc doSoap, cleansers, etc __. doOffice furnishings and supplies doSmoking materials. doToilet goods, medical supplies., doAll other do

Linage, total thous. oflines..Newspaper advertising:

Linage, total (52 cities) doClassified doDisplay, total do

Automotive doFinancial _ doGeneral , doRetail do

GOODS IN WAREHOUSES

Space occupied in public-merchandise ware-houses percent of total..

NEW INCORPORATIONS

Business incorporations (4 States) number..

POSTAL BUSINESS

Air mail: Pound-mile performance, _.millions..Money orders:

Domestic, issued (50 cities):Number thousands..Value thous. of dol_.

Domestic, paid (50 cities):Number. thousands..Value thous. of doL.

Foreign, issued—value doReceipts, postal:

50 selected cities do50 industrial cities do

RETAIL TRADE

Automobiles, value of new passenger-car sales:Unadjusted 1929-31 = 100. _Adjusted do . . .

Chain-store sales, indexes:Chain-Store Age, combined index (20 chains)

av. same month 1929-31 = 100 _Apparel chains do - .

•Grocery chain-store sales:Unadjusted 1929-31 = 100Ad j usted do

Variety-store sales, combined sales, 7 chains:fUnadjusted 1935-39=100..Adjusted do

Chain-store sales and stores operated:Variety chains:

H. L. Green Co., Inc.:fSales thous. of dol._Stores operated number

S. S. Kresge Co.:Sales thous. of dol..Stores operated number..

S. H. Kress & Co.:Sales thous. of dol._Stores operated number..

McCrory Stores Corp.:Sales .thous. of dol._Stores operated number..

87.463.079.980.489.4416.3

6,84248933090

1,889799070

1,2241,897235

10,0051,215493149283

2,003235381188698

1,7092,6501,888

92,04121,96470,0773,6191,196

12, 04653,216

4,13439,472

13,106102,390

28,9743,568

P70.4p 119. 5

122.0134.0

* 109. 9p 114. 5

P95. 8P 109. 2

3, 657151

11, 757678

6,691239

202

84.870.178.579.176.6

355.6

5,859520580

1091, 657

238180

1, 0481,498128

8,3S71,03340558245

1,695215370123431

1, 5582, 2531,784

90, 52621, 11569, 4103,5121,34912, 52752. 022

69.9

1,718

1, 486

3,90637, 098

13.13099, 4982,205

28, 232r 3, 538

63.776.5

113.0124.0

99.0103.1

90.8103.6

3,186152

10, 578683

6,490240

3,136200

82.666.172.877.483.5

333.7

6.089558

750

1021,860

48812

0969

1,538126

11. 8141,322

989213352

1,74462S411327593

2,0293, 2072,182

101, 93720. 8S481, 0533,0671,278

15, 04561, 663

69.4

1,471

1,421

3,90737, 262

12, 62497, 376

1,895

30, 0383,413

56.583.5

114.5127.0

107.2109.4

97.5101.5

3,703151

11,513683

6, 596240

3, 354200

82.865.878.177.775.8

298.4

8.014648

720

1072, 608

62923

01.1702,150

273

14.9252.3121,136

392414

2,2061,086

403204665

2,4223,6852,378

119,61222, 39397, 2206,4361,767

19. 82469, 192

70.4

1,787

1,509

4,2S839, 723

14, 152109, 016

1,833

31. 9603,788

96. 593.7

113.3125.0

106.9106.4

104.4106.2

3,766151

11, 938682

7,286240

3,431200

84.069.382.079.960.6

312.6

8,036641

340

982,729

45925

01.1532,163

247

13, 8212,159

755337400

2,103874382203704

2,4743.4292,255

113, 45720,19493, 2644,5371,376

18. 47068, 880

72.3

1, 850

1?473

4,15038, 553

14, 385108. 449

1,773

32, 4463,658

107.9102.8

117.0132.0

109.0109.0

109.9108.9

4,001151

12, 356685

7, 295240

3, 622201

89.470.980.484.388.3318.5

8,12763641092

2,76949

9150

1,1342,225265

12, 2621,300555406318

1,771681269303647

2,2193, 7941,711

118,10320, 24697, 8573.4S21.63714,18378, 555

73.9

1,901

1,771

4, 55441,190

15, 285111,8513,926

42, 9385,117

110.8108.5

120.0142.0

112.1108.8

209.4104.7

7,821151

24, 406686

15, 232240

7, 655200

79.457.874.873.478.9

325.6

8,29968330085

2,74050

9420

1.2192.328221

8.2741,31827188376

1, 2712.55217119620

1,4222,3171.973

88. 03319, 07568, 9583,8542. 27812,43350, 393

72.3

2, 361

1,535

4,70241, 876

13, 608100, 4551,604

30, 3803,791

95.6125.8

113.5120.0

105.4108.7

76.1104. 0

2, 785151

9,042675

5,300240

2,767201

82.760.780.077.177.2

306.2

7,80063432059

2,66387

9020

1,1192,084220

12,3141,616596239365

2,129475478166£98

2,3963, 2562,343

93. 24019, 29573,9454,2241,49415, 74052, 487

71.7

1,966

1, 500

4,24639, 065

12, 94595,1241,467

29, 7373,665

100.7130.8

114.0119.0

112.1111.5

83.5105.3

2,774151

9,543675

5,603239

201

85.359.081.879.983.6289.4

8,20867045062

2,73789

9310

1,1902,210274

16, 2612.4S31,095585458

2,477730497263824

2,7234,1242,779

114, 25522,94591, 3095, 6201,79917, 64566, 246

73.0

1,998

4,66442, 937

14, 373106,1971, 775

32, 6573,993

133.9112.5

115.0128.0

112.0110.9

99.3105.4

3, 846151

12, 206675

6,897239

202

84.766.483.078.187.2290.8

7,72872233074

?,38980

9120

1,1902, 126201

17, 310

1,022747481

2, 2S51,130468192663

2, 5794, 7572,725

111,98923, 08388.9067,0071.83817, 82462, 237

72.1

2, 250

1,628

4,50341, 548

13, 624100, 7931,450

31,6153,923

r 145. 1112.5

115.0122.0

113.2109.9

92.1103.2

3,279151

10, 498675

6,401239

3, 246203

89.369.185.183.286.2

325.2

7,928728560

922,383

909630

1,2832.109224

16, 4692,744923812441

2,2271,134514235702

2,3284,3782,430

119, 88323,93695, 9487.8121,47719, 42767, 231

72.2

4,30940, 028

13,928103,1201,430

32, 2053,786

r 131.1104.1

117.0123.0

114.0112.3

101.7105.2

3,751151

11, 815675

6,838239

3,507203

84.662.585.876.982.0358.4

7,086680

540

812,039

85846

01,1571,926

218

7,137498

350

942,095

87977

01,1932,002

158

15, 6482,415804657504

2,391826546150863

2,4234,0692,014

103,29023,21680,0745,6391,48517,06955,880

71.7

1,619

4,15138,218

13,13897,4351,362

28,6683,451

r 143. 5r 122. 7

119.0120.0

112.8111.1

99.5104.4

3,784151

11,643676

6,310239

3,611203

84.158.588.474.686.4

' 416. 5

10, 782•• 1,439

231261343

' 2,12430441380762

" 1,968' 2,8571,706

84,44021,19463, 2463,6281,827

13,04344,748

71.0

1,710

4,22640,144

13,106100, 955

1,519

27,6263,565

118.3119.5

119.0132.0

' 109.9112.0

'97.6' 106. 5

3,334151

10,458677

6,514239

3,334203

T Revised. *» Preliminary.fRevised 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

May 1939 to include sales of Green United Stores, Inc., acquired May 1, 1939, sales of groceries and other special departments, and net sales receipts from operation of leaseddepartments; the revised series include both variety and low-priced department stores; for revised data beginning May 1939, see p. 24 of the September 1940 Survey.

October 1940 SURVEY OF CUREENT BUSINESS 25


1940

August

1939

August Sep-tember October Novem-1 Decem-

ber ber

1940

Janu-ary


DOMESTIC TRADE— Continued

RETAIL TRADE—Continued

Chain store sales and stores operated—Con.Variety chains—Con.

G. C. Murphy Co.:Sales thous. of dol._Stores operated number,,

F. W. Woolworth Co.:Sales. thous. of dol..Stores operated number. _

Other chains:W. T. Grant Co.:

Sales thous. of doL.Stores operated number,,

J. C. Penney Co.:Sales thous. of doL.Stores operated number..

Department stores:Collection", ratio to accounts receivable:

Instalment accounts percent,,Open accounts . . . . do . . .

Sales, total U. S., unadjusted.-.1923-25=100..Atlanta! 1935-39 = 100..Boston 1923-25 = 100,,Chicago doCleveland doDallas do . . .Kansas City 1925=100..Minneapolis 1929-31 = 100..New York 1923-25=100,,Philadelphia doRichmond doSt. Louis doSan Francisco .do

Sales, total U. S., adjusted doAtlantat 1935-39 = 100 _ChicHoo 1923-25 = 100..Cleveland doDallas do . . .Minneapolis 1929-31 = 100 ,New York 1923-25=100..Philadelphia do.._.St. Louis doSan Francisco do

Instalment sales, New England dept. storespercent of total sales..

Stocks, total U. S., end of month:Unadjusted 1923-25=100..Adjusted do

Mail-order and store sales:Total sales, 2 companies thous. of dol_,

Montgomery Ward & Co doSears, Eoebuck & Co do

Rural sales of general merchandise:Total U. S., unadjusted 1929-31=100..

East doSouth doMiddle West do . . . .Far West do

Total U. S,, adjusted doEast doSouth doMiddle West doFar West do

7710763

861017660

108789899

12310610112211510180

101104

15.1

6669

101,51242, 69258, 820

119.4120. 4121. 2110.2150. 5146. 0151.1168.1133. 6163. 4

' 3, 469'200

24,1232, 014

7,210494

20, 6791,548

16.843.66998557773837989675086709489112

107102906794100

15.5

6567

87, 25738, 99848, 259

107.2105.8111.799.1

134. 6131.1132.7155.0120.1 I146.1

3,789201

25, 8102, 015

8,235495

26,1431,552

17.244.0

9711883

10296

11590

1169774

us989891109989210410493749295

11.1

107. 49344, 74362, 751

132.6126.4165.6116.3162. 3125. 4128. 6150. 0113.5138.7

4, 090202

26, 5302, 018

8,733495

28.7221, 553

17.747.09912285989811694116104SO132961039011089911039791698599

12.4

69

122,19154. 94567,246

160.3155.4215.4143.9166. 5123.4120.7145. 4113.3138.7

4,219202

26, 9482,019

9,316494

28, 2151,554

1061258899107117889711595131102105951149010010494977887100

10.4I

5?!71 j

108,095 I47,76460,330159.7167.0208.2142. 8164. 7122.7129. 5151.6108. 9135. 8

8,163202

52, 3332,020

18, 868491

43,2161, 551

18.044.5

168206140164171195154160172139217156179

96119

98100113105

957694

104

6.6

6468

148,44766, 02082, 427

211.7229. 2236.4190.1242. 8132. 4137.7157. 4121.9148.8

3,083202

20, 5122,017

5,931492

18, 2921, 554

17.048.2

7183607570866781745284098092

10S9493

113102

94728798

11.1

6168

70, 53229, 98440, 548

102.399.2

120.796.6

108.4134.5130.6152. 6126. 3147.5

3,134202

22,1172, 015

6,109492

16, 0321,557

17.244.6

71100

537473917070695383738389

1159293

1079786708599

11.9

6871

71, 36630, 53040, 836

107.0106.0136.996.8

114.8132.3129.6150.1121.8155.1

4,069202

27, 5452.016

8,101492

21, 4691,560

17.945.4

86123

699286

11087938269

110919589

1209491

11290897192

102

10.1

7170

89. 74138, 84250, 899

119.9120.0151. 6110. 9120.2136.6133.6167.9125.1146.0

3, 585203

23, 7742, 014

7,620492

21,1811,562

17.846.5

86104

7191909985

1008365

105909089

1119288

103101

90699296

9.5

7169

102, 22845, 85656, 372

115.3115.2134.4105.1127.0125.4120.8152.5112.5142.2

4,300203

26, 0672,015

8,787492

23, 5991,562

17.346.8

89114

749394

10586

1008574

120889587

1159287

105100

88748899

9.6

7068

111,88345, 90565, 978

122.8126.3135.8114.0138.4133.8137-. 3160.1120.4153.9

4,398202

26,0202,015

8,911492

24, 7371,568

16.545.9

87987592939076978973

112828891

1159495

1029792758997

7.5

6467

106,41743,10463,313

125.5133.1132.6116.4146. 7137.7145.0164.9123.3153.9

202

24, 5072,013

20, 8821,568

16.445.464815165677666736750836683911189292108103947395101

10.0

6168

88, 56537, 21351, 352

96.495.7102.688.1121.9132.1134.4151.1119.4148.6

EMPLOYMENT CONDITIONS AND WAGES

EMPLOYMENT

Factory, unadjusted (U. S. Department ofLabor) 1923-25=100..

Durable goods doIron and steel and their products, not in-

cluding machinery 1923-25=100..Blast furnaces, steel works, and rolling

mills 1923-25=100,,Hardware doStructural and ornamental metal work

1923-25= 100, _Tin cans and other tinware do

Lumber and allied products doFurniture . doLumber, sawmills do

Machinery, excl. transp. equip doAgricultural implements (including trac-

tors) 1923-25= 100._Electrical machinery, apparatus, and

supplies 1923-25= 100Engines, turbines, water wheels, and

windmills 1923-25=100,,Foundry and machine-shop products

1923-25=100..Machine tools* doRadios and phonographs do

Metals, nonferrous, and products doBrass, bronze, and copper products.do

103. 599.4

110.6

122.195.1

79.8107.970.691.163.7

119.3

131.2

107.0

174.9

100. 5237.7157. 3113.8139.0

96.383.9

92.3

97.075. 6

71.5107. 468.787.562.796.8

114.4

87.8

96.8

84.1140.3135. 994.7

107.7

100.289.8

97.2

101.194.2

73.8107.070.090.763.4

100.3

116.1

92.2

99.2

85.8156. 2150. 1100.3115.2

103.696.1

106.8

115. 199.7

76.3105.772.494.665. 5

106. 6

117.8

97.3

105. 2

91.2170.6176. 5110.4131.1

103.898.2

111.1

121. 8106.4

76.0100.6

73. 096.865. 5

111.0

124. 6

100.4

109.8

95.4183. 9179. 7113.5137.4

104.1100.0

111,4

123. 3105. 6

75.495.471. 194.863.3

113. 1

130.9

102.6

119.8

97.2192. 2162. 3112.9137.7

101.497.4

108.3

120.9103.5

73.493.667.390.359.5

112.4

135.2

101.7

125.3

97.2196.8136. 4109. 8135.7

101.496.6

106.7

117.4101.3

71.692.766.789.059. 1

113.1

141.1

101.6

133.0

97.6204. 8126.3107.2128.3

100.896.4

103.5

111.598.8

70.393.766.888.759.5

113.1

143. 6

101.7

134.5

97.2211.0121.7107.1128.7

99.696.0

101.7

108.498.1

70.094.866.986.460.3

113.6

141.4

101.5

140.2

97.2216.3128.3105. 6125.8

99.096.5

101.9

109.195.9

71.195.668.087.361.9

113.9

139.6

101. 9

148.9

96.5221.1136.5105.3125. 5

99.497.0

103.7

114.381.6

73.5102.868.388.161.9

115.1

137.3

103.3

158.1

96.9229.1141.0

' 106. 6127.1

99.5••95.6

' 106. 2

'119.0

'76.0' 105. 9' 6 8 . 2r 8 7 . 7' 61. 5

r 116.1

' 130.6

' 103.8

' 167. 5

' 9 8 . 0' 235. 2' 143.4' 106. 9' 129,7

r Revised. *> Preliminary.fRevised scries. Department store sales in Atlanta district revised beginning 1919; data not shown above will appear in a subsequent issue.•New series. For data beginning 1923, see table 39, p. 15 of this issue.

263113—40 4

26 SUEVEY OF CURRENT BUSINESS October 1940


1940

August

1939

August Sep-tember October iNov

berDecem-

berJanu-

ary

1940

Febru-ary March April

EMPLOYMENT CONDITIONS AND WAGES—Continued

May June July

EMPLOYMENT—Continued

Factory, unadj. (U. S. Dept. of Labor)—Con.Durable goods—Continued.

Stone, clay, and glass prod. _-1923-25=100. _Brick, tile, and terra cotta doGlass do

Transportation equipment doAircraft* doAutomobiles doShipbuilding* do

Nondurable goods doChemical, petroleum, and coal products

1923-25= 100..Chemicals doPaints and varnishes doPetroleum refining doRayon and allied products do

Food and kindred products doBaking doSlaughtering and meat packing do

Leather and its manufactures doBoots and shoes do.

Paper and printing do_Paper and pulp do.

Rubber products do.Rubber tires and inner tubes do_

Textiles and their products! do.Fabricsf do.Wearing apparel do.

Tobacco manufactures do.Factory, adjusted (Federal Reserve) do

Durable goods doIron and steel and their products, not

including machinery 1923-25= 100. _Blast furnaces, steel works, and rolling

mills 1923-25=100,.Hardware doStructural and ornamental metal work

1923-25= 100.Tin cans and other tinware do.__

Lumber and allied products do.. .Furniture do-_.Lumber, sawmills do.. .

Machinery, excl. transp. equip doAgricultural 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 _Machine tools* do.-.Radios and phonographs do....

Metals, nonferrous. and products do__.Brass, bronze, and copper products.do___

Stone, clay, and glass products do___Brick, tile, and terra cotta do. . .Glass do..__

Transportation equipment do.. _ _Aircraft* do. . .Automobiles doShipbuilding* do. _ .

Nondurable goods 1923-25=100.Chemical, petroleum, and coal products

1923-25 = 100.Chemicals do. _ _Paints and varnishes do_._Petroleum refining do.. .Rayon and allied products 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. . .

Textiles and their products! do._.Fabricsf do. _ _Wearing apparel do. _.

Tobacco manufactures do.. _ _Factory, unadjusted, by States and cities:

State:Delaware 1923-25=100.Illinois 1925-27=100.Iowa 1923-25=100.Maryland 1929-31 = 100 _Massachusetts 1925-27=100.New Jersey 1923-25=100New York 1925-27=100-Ohio 1926=100Pennsylvania 1923-25=100..Wisconsin 1925-27 = 100

City or industrial area:Baltimore 1929-31 = 100..Chicago 1925-27=100__Cleveland 1923-25 = 100-

84.464.4

108.1103.4

2, 872. 287.9

180.2107. 4

119.4141.2123.8122. 3307.7144. 3146. 5106. 792.101.2

115.0116.785.770.599.990.5117.0

64. 6103. 5101.4

110.9

123

7798

68.49061

120.1

139

108

175

101

248146

115. 6140

81.760108

119. 82,872no1 8 5

1 0 5 .

1 2 2 . 21 4 01 2 61 2 23 0 6

1 2 8 . 91 4 61 0 8

8 9 . 1

1 1 6 . 11 1 7

8 6 . 771

101. 3

116.36"

107. 780.2137.3110.879.9111

9 3 . 09 7 . 68 9 .9F).

1 0 8 . 081). 2

101. 3

61.898.575.2

1,413.570.4121.5108.1

109.2119.1122.1122.7255.1147.0146.9100.2100.7100. 3110.9107.082.668.3

103. 293.0122.166.695.985.3

92.5

6998

66.48660

97.3

121

85146126

96.2109

78.15799

88.31, 414

88125

105.9

111. 9119125122254

129.7146101

97.496

112. 0107

83.668

104.695.2121.4 I65.2

93.780.7

129. 390.57.6

81.763.2100.997.0

1 , 4 6 6 . 59 8 . 7

1 2 9 . 01 1 0 . 2

1 1 8 . 01 2 3 . 61 2 2 . 11 2 3 . 13 0 0 . 21 5 0 . 71 4 8 . 01 0 1 . 3

9 7 . 89 6 . 5

1 1 3 . 21 0 8 . 8

8 6 . 07 0 . 0

1 0 4 . 39 3 . 3

1 2 4 . 86 6 . 49 7 . 58 8 . 9

9 6 . 4

1 0 19 5

7 19 7

6 7 . 48 76 1

9 9 . 8

1 2 3

9 2

9 9

8 6

1 5 51 2 9

9 9 . 21 1 5

7 9 . 05 9

1 0 09 9 . 5

1 , 5 1 21 0 21 2 8

1 0 5 . 7

116. 4122123122297

128.1146102

96.895

112.8109

86.170

1 0 3 . 49 3 . 9

1 2 0 . 46 4 , 4

9 9 . 98 2 . 3

1 2 9 . 4101.579.0

84.864.8

106. 9105.3

1, 556. 4107.8133. 6110.8

122.3.133. 6125.1122.7310.2137.7148.0102.7

96.294.1

116.5113.6

92.473.6

108.098.6

124.766. 7

101. 294.6

1 0 5 . 9

1 1 59 9

7 51 0 3

6 9 . 48 96 3

1 0 5 . 7

1 2 5

1 0 8

9 11 7 01 4 5

1 0 7 . 01 3 0

8 1 . 96 1

1 0 61 0 5 . 01 , 6 0 5

1 0 81 3 2

1 0 7 . 6

119. 9132125122309

1 2 6 . 91 4 01 0 3

9 7 . 49 6

1 1 5 . 01 1 4

9 1 . 2

9 7 . 78 4 . 08 7 . 28 2 . 79 0 . 0

9 3 . 87 2 . 28 2 . 8

1 0 0 .87.91.83.00.

98.74.90.

15179

7

30

8 5 . 564.7109.3102. 9

1, 749.5102. 3132.9109.2

122.6137.7125.1123.7313.4129.8146. 5107.991.989.0117.5115. 293.974.5107.7100.7118. 7

66.4103.4

9 7 . 3

110.8

122106

76103

72.29366

110. 6

128

83.662.6

108.5116.5

1.886.0118.1139.4108.0

122.3137.6124.2122.3312. 2126. 0144.8112.193.290.8

118. 5115.193.074.7

105. 69 8 . 5

1 1 6 . 96 5 . 8

1 0 4 . 51 0 0 . 0

1 1 2 . 1

124106

76100

7 2 . 49366

1 1 2 . 9

131

7 41 0 6 . 0

9 7 . 71 2 0 . 4

6 3 . 5

9 8 . 68 6 . 0

1 3 2 . 4 |1 0 4 . 8 !

8 2 . 51 0 5 . 0 j

9 0 . 6 !9 5 . 7 j9 0 . 08 9 . 4

1 0 1 . 0

7 8 . 5

9 3 . 3

1 0 0

1 1 6

9 5

1 8 31 6 0

1 1 0 . 11 3 7

8 5 . 06 4

1 0 9101. 31.767100133

109.2

121. 3137126123310

129.6145106

99.108

115.7115

93.175

107. 599.7120.463.1

98.87.

137.105.

82.107.

91.97.91.92.

101.80.95.

103

124

97

191153

111.3138

85. 465109

112. 61 , 9 0 5

1 1 21 3 9

1 0 8 . 9

1 2 1 . 91 3 81 2 61 2 23 1 1

1 3 1 . 41 4 51 0 8

9 6 . 99 6

1 1 6 . 41 1 5

9 2 . 4

105.' 896.9

1 2 1 . 66 4 . 7

7 7 . 75 7 . 0

1 0 5 . 61 1 5 . 5

2 , 0 2 9 . 71 1 5 . 81 3 7 . 51 0 5 . 3

1 2 1 . 01 3 5 . 81 2 3 . 51 2 1 . 63 1 3 . 51 1 9 . 51 4 1 . 41 1 1 . 8

9 7 . 49 5 . 8

1 1 5 . 11 1 4 . 1

9 0 . 07 3 . 6

1 0 3 . 59 5 . 9

1 1 6 . 15 9 . 0

1 0 3 . 99 9 . 7

1 1 0 . 4

1 2 21 0 4

1 0 17 2 . 0

9 46 5

113.4

133

103

133

98197144

111.7137

85.866

111113.12, 050111140

107.9

121.4138127122310

130.714410897.396

115. 5114

90.274

104.495. 0121.3

64. 2

98.8 7 .

1 4 0 .1 0 5 .

8 1 .1 0 6 .

9 1 .9 7 .9 1 .9 2 .

1 0 2 .8 0 .9 4 .

9 7 .8 6 .

1 3 0 .1 0 4 .

8 0 .1 0 3 .

8 90 5 .8 8 .9 1 .

1 0 1 .7 8 .9 4 .

7 5 . 55 2 . 9

1 0 2 . 51 1 4 . 8

2 , 0 4 1 . 51 1 3 . 11 4 2 . 71 0 6 . 1

1 2 1 . 01 3 6 . 11 2 3 . 21 2 0 . 93 1 3 . 31 1 8 . 81 4 2 . 31 0 8 . 6

9 9 . 39 8 . 3

114. 6113.088.073.0

105. 595.5

61! 7102.197.4

107.0

117101

10070.09163

113.6

137

102

134

98

204144

1 0 7 . 51 2 8

8 0 . 86 1

1 0 3110. 82 , 0 6 2

1 0 71 4 6

1 0 6 . 61 2 0 . 6

1 3 81 2 41 2 23 0 9

1 3 0 . 81 4 41 0 9

9 5 . 49 4

114. 7113

87.973

102.793.1

1 2 0 . 06 2 7

9 6 . 18 5 . 9

1 3 5 . 71 0 4 . 0

8 0 . 71 0 3 . 5

9 0 99 5 . 38 8 . 3 j

89 5 I" i

1 0 0 . 8 ;7 8 . 1 i9 4 . 6 I

5 4 . 41 0 6 . 21 1 7 . 0

2 , 0 9 6 . 2114, 4150.7105.1

122.81 3 5 . 61 2 3 . 51 2 1 . 33 0 9 . 01 1 8 . 81 4 3 . 11 0 7 . 4

9 8 . 29 7 . 7

1 1 4 . 41 1 2 . 6

8 7 . 27 2 3

1 0 2 . " 99 0 . 7

1 2 6 . 66 3 . 6

1 0 0 . 49 5 . 9

1 0 2 . 7

1 1 0

9 96 8 . 1

9 06 1

1 1 3 . 3

1 3 6

1 0 2

1 3 2

2 0 91 4 5

106. 6127

80.059

105111.12, 075

107148

104.8

120.0137124123304

130. 3145110

93.893 j

114.8 !113 '

86.772

99.188.6118.8

64. 3

80.558.0105.3115.4

2,166.0112.0152.8103.0

123.4135. 2124.4121.1305.8119.7142. 5103.6

94. 293.1113.8112.084.769.798.888.3

118. 663.899.29 5 . 0

1 0 0 . 8

1 0 79 7

7 19 8

6 7 . 29 06 0

1 1 3 . 4

1 3 3

1 0 2

1 3 4

9 7

2 1 51 5 3

1 0 5 . 9

79?85 9

1 0 41 0 9 . 72 , 1 2 4

1 0 61 4 8

1 0 3 . 3

1 2 1 . 11 3 61 2 31 2 23 1 2

1 2 8 . 81 4 41 0 7

9 1 . 99 0

1 1 4 . 31 1 2

8 3 . 97 0

9 6 . 68 7 . 8

1 1 2 . 46 5 . 0

9 6 . 98 5 . 4

1 3 4 . 61 0 5 . 2

7 8 . 0 i1 0 3 . 7

91.5 I94.3 I86.8 I90.9 !

102.7 i

77.6 !

95.3 t

9 8 .8 4 .

1 3 4 .1 0 5 .

7 6 .1 0 3 .

8 9 .9 3 .8 5 .9 0 .

1 0 3 ,7 6 .9 6 .

8 2 . 06 0 . 9

1 0 4 . 41 1 5 . 0

2, 3 2 8 . 21 0 9 . 81 5 8 . 2101. 5

120.8136.2125.9121.8304.3rl21.7'144.8

105. 786.884.6115. 0115.2••83.869.096.087.0

' 112.262 299.295.2

101.2

10995

7197

67.99061

113.4

136

101

142

220155

106.0124

78.958103

109.92,260105154

103.1

122 2137121122311

129.114510787.986

115. 3115

83.869

96. 387.7111.663.2

98.984.7

136. 5106. 074.9103.888.492.784.390.4

102. 677.097.0

82.963.1

104. 9' 112. 3

2 , 5 1 8 . 7' 104. 9162.8

' 101. 8

119.11 3 8 . 31 2 6 . 41 2 8 . 23 0 6 . 01 2 9 . 71 4 7 . 01 0 8 , 2

8 6 . 88 4 . 8

114. 5116 2' 83. 4' 68. 593.785. 7

' 107. 964. 9100.296.2

1 0 3 . 7

1 1 58 2

7 31 0 0

6 7 . 49 06 0

1 1 4 . 9

1 3 0

1 0 3

1 5 2

2 2 81 4 4

1 0 8 . 11 2 8

7 9 . 85 8

1 0 31 0 9 . 82 , 4 4 5

1 0 21 6 4

1 0 4 . 1

1 2 2 . 61 3 81 2 21 2 33 1 5

131. 9146109

89.688

115. 7116

84. 368

96.888. 0

112. 465.2

100.98 5 . 5

1 3 7 . 61 0 6 . 4

7 4 . 61 0 5 . 6

8 8 . 59 4 . 08 5 . 59 2 . 4

1 0 2 . 67 7 . 29 6 . 9

' 82. 6' 64. 1' 104. 2' 97. 6

2,703.3r 82. 5' 170. 1

103. 3

' 118.6' 140.4' 124. 6' 122. 9306.9

'135.5r 147. 1'111.1

' 91. 6' 90. 7

^ 114. 7' 117.0

'83.569.394.5

' 8 8 . 0' 1 0 4 . 9' 6 2 . 4101. 4

' 1 0 7 . 3

' 1 2 0

'75100

'67.58960

' 116. 6

'133

104

165

98' 238' 145

' 110. 7' 1 3 2

' 8 1 . 56 0

' 1 0 6' 1 0 8 . 7' 2 , 6 7 7

' 9 7' 1 7 5

1 0 5 . 2

' 1 2 1 . 91 3 81 2 41 2 23 0 8

' 129. 0146111

' 9 0 . 9' 8 9

' 116. 4' 117

' 84. 709

100.2' 91. 3

' 116.1' 62. 8

' 99. 386.9

136.2' 108. 9

77. 7106. 0

88. 0' 9 4 . 2' 87.0

99. 3

' 105. 778. 797.7

' Revised.fRevised series. Data for textiles and products and fabrics revised beginning 1933; revisions not shown in the May 1940 Survey will appear in a subsequent issue.*New series. For indexes beginning 1923 for machine tools and shipbuilding, and beginning 1931 for aircraft, see tables 39 and'lO, pp. 15 and 16 of this issue.

October 1940 SURVEY OF CUKKKNT BUSINESS 27

Monthly statistics through December 1939, to- 1940gether with explanatory notes and references I —to the sources of the data, may be found in the1940 Supplement to the Survey August Sep-

tember October X"(u etn-ber

'He com-ber

1940

Janu-ary



EMPLOYMENT—Continued

Factory, unadjusted, by States and cities—Con.City or industrial area—Continued. i

Detroit 1923-25 = 100. ..| 93.4Milwaukee 1925-27=100,. | 101.4New York do j 97.1Philadelphia .1923-25 = 100,.! 87.3Pittsburgh do | 93.2Wilmington do j 88. 8

Nonmanufaeturing, unadjusted (IT. S. Depart- Jment of Labor): |

Mining: jAnthracite 1929-100,- 50.3Bituminous coal do 86.6Metalliferous do j 71.5Crude petroleum producing do ; 63.4Quarrying and noninetallic do j 48.8

Public utilities: jElectric light and powerf do I 92.9Street railways and bussesf do I 68.4Telephone and telegraphf do I 78. 6

Services: " jDyeing and cleaning do I 105. 9Laundries do ! 102.8Year-round hotels do j 90.6

Trade: jRetail, totalf do_-__| 88.4

General merchandisingt do | 88.9Wholesale I do____| 90.0

Miscellaneous employment data:Construction, Ohio 1926=100-.Federal and State highways, total . . .number. _

Construction (Federal and State) doMaintenance (State) do

Federal civilian employees:United States do

District of Columbia do jRailway employees (class I steam railways):

Total thousandsIndexes:

Unadjusted 1923-25=100--Adjusted do

LABOR CONDITIONS

Average weekly hours per worker in factories:Natl. Ind. Con. Bd. (25 industries),_hours-_.U. S. pep t . of Labor (90 industries) do

Industrial disputes (strikes and lockouts):Beginning in month number- _In progress during month doWorkers involved in strikes:

Beginning in month thousands__In progress during month do

Man-days idle during month doEmployment security operations (Soc. Sec. Bd.):

Placement activities:Applications:

Active file thousands. _New and renewed do

Placements, total doPrivate do

Unemployment compensation activities:Continued claims thousands. _Benefit payments:

Individuals receiving payments §.__doAmount of payments, thous. of dol..

Labor turnover in infg. establishments:Accession rate ..mo." rate per 100 employees..Separation rate, total do

Discharges doLay-offs doQuits and miscellaneous! do

PAY ROLLS

Factory, unadjusted (U. S. Department ofLabor) 1923-25 = 100..

Durable goods doIron and steel and their products, not in-

cluding machinery 1923-25 = 100,.Blast furnaces, steel works, and rolling

mills 1923-25 = 100..Hardware do 106.6Structural and ornamental metal work

1923-25 = 100-- 72.6Tin cans and other tinware do 121.3

Lumber and allied products do 67.8Furniture do 81.7Lumber, sawmills do 61.3

Machinery, excl. transp. equip do 131.6Agricultural implements (including trac-

tors) 1923-25 = 100 . 152.0Electrical machinery, apparatus, and

supplies 1923-25 = 100. -1 125. 6Engines, turbines, water wheels, and i

windmills 1923-25 = 100-_ 238. 6Foundry and machine-shop products

1923-25 = 100.. 101.4Machine tools* do j 302. 5Radios and phonographs do I 149.7

5 2121,274

331280

5,906

v 1, 08951, 697

6.633.00.16

i. m1.21

103.7104. 9

113.6

124.9

89.4 i94.3 !9 1 . 1 I8 3 . 1 i76.4 j75.6 j

107.198.095. 383. 779. 279. 9

48.581.460.4

49.485. 462.9

66. 748.1

90.669.276.6

102.799.189.8

86.386.389. 0

'47.7274. 949142, 788132,161

935.582124, 739

1, 022

56. 354.9

37.938.0

275

448

80119

1,101

5,7901,297336254

5, 338

79744, 491

5. 063.01.142.05.82

89.781.5

88.0

92 780.1

63.9114.962.975.556.896.9

124.0

93.4

113.5

78.4160. 9122.8

65. 0

47.9

90.669.276.4

105. 297.891.3

90. 595. 890. 5

18.0277, 703142, 868134, 835

940, 040125, 906

1, 039

57.156.0

38.238.0

197373

37104892

5, 6821,287352287

3, 970

73033, 656

6.172.79.141.581.07

93.8

87.8

92.8

95.3113. 9

63.3117.463.578.156.5

100.9

125.0

98.4

116. 2

80.2181. 8139. 0

102. 496.297.888.187.986. 9

51.993.065.364.348.0

90.469. 576.5

105.196. 092. 9

91.798.992.4

47.9262, 760133, 904128, 856

936, 409126, 518

1,075

59.157.5

39.039.1

205356

107140

1,508

5,4661,329

366308

3,534

50226,690

5.892.91.17

1.81.93

101. 699.6

123.6109.6

68.3111.368.784.961.6

111.0

131.3

105. 7

129.2

89.5207.6169. 6

105. 9102.795. 987.792. 189.6

51.394.966.563.847.1

90.369.376.1

97.895. 691.8

93.3105. 992.1

44.2227, 233112,816114,417

934, 998126, 380

1,058

58.257.8

39.138.5

178317

43130

1,665

5,6291,415

289249

3,820

63728, 369

4.102. 95.15

1.97.83

101. 6100.9

127. 3118.6

67.1105. 468.886.260.8

117.1

140.5

109.6

139.1

94.3237. 8170.3

112.1104.095.186.993.490. 0

51.092. 667.363.844.0

90.169. 075.8

97.495. 690.8

104.2146.492.2

41.3185, 66181, 845

103, 816

987, 857127, 502

1,029

56.557.9

39.138.6

106222

1237

384

5, 7461,290

265235

4,204

65830,471

2.843.46.12

2.65.69

103.7104.6

129.2117.0

67.2100.4

65. 285.555.4

122.1

151.5i

114.2 |

156.698.6

256.2148.8

104.9101.692.185. 592.089.0

51.591.866.463.237.8

89.168.876.1

94.096.091.3

87.789.390.6

31.6145, 70742, 960102, 747

938,403127, 418

1,008

55.4

57.7

38.737.4

116210

2540239

6,0791,601221196

6,063

87740,996

3.743.43.142.55.74

98.3

98.2

106.2

119.3108.9

62.696.958.874.651.1119.1

155.8

112.4

161.8

95.2258.5121.7

110.797.295.986.690.088.0

52.091.766.363.038.3

89.268.775.9

93.795.892.1

87.087.990.2

31.1163, 59243, 267120, 325

939,015127, 771

1,014

55.757.9

38.037.3

••148'240

2837

282

5, 9201,304203184

5, 825

98544, 328

2.983.56.162.67.73

97.896.7

100.9

110.2100.9

60.393.060.076.852.0119.3

163.8

111.6

171.6

94.2270.7113.0 1

110.399.998.484.788.488.6

52.689.766.2

' 63. 241.0

89.368.276.0

99.596 292^0

91.196.490.5

31.2164, 726

60, 417104, 309

945, 836128, 643

1,006

55.256.8

37.737.5

' 150'254

2142

'377

5,0251,351

243218

5,670

1,09547,130

2.943.46.15

2.53.78

98.297.6

101.8104.7

59.599.661.077.753.3

121.5

167.9

113.8

175.7

95.7281.6109.5

108.899.193.783.786.190. 0

51.686.267.7

' 63. 1

44.5

90.368.376.7

104. 597.292.7

89.892.989.3

35.7205,16493, 726111,438

959,146129, 677

1,004

55.155.6

37.637.2

' 198'292

'3750

'430

5, 6821,515295259

6,614

96142, 286

3.053.66.13

2.69.84

96.397.2

94.9

98.6104.0

61.2101.061.474.255. 4121.6

166.1

112.7

183.1

95.4287.1116.0

102.699.491.182.086.289.9

52.285.169.263.346.9

90.668.477.3

108. 799.193.4

91.295.188.9

42.9258,162131, 970126,192

977, 990130, 937

1,032

56.756.0

37.537.2

197'305

5074

'648

5,7241,328350304

' 7, 253

1,201

54,879

3.363. 78.13

2.78.87

96.397.5

'97.2

103.1101.9

61.7100.963.374.858.3122.3

164.0

114.3

193.8

94.6289.7126.9

96.0100.088.483.089.689. 6

50.2' 83.8'70.363.8

'47.9

'91.2' 68. 5'77.8

'112.6' 102.1'92.0

'91.9' 96. 2'89.6

47.6286,100152,049134,051

'1,010,519'133,854

1,055

'58.056.7

38.037.5

'168'254

'35'52'459

' 5, 7341,318330288

' 6, 525

1,26953,618

4.763.36.14

2.32.90

97.9' 100.0

102.8

113.9

85.8

64.8113.563.675.958.1125.1

157.8

118.3

210.7

95.8302.9134.0

64.197.586.2

' 84. 5'91.1' 87. 5

50.884.970.663.747.9

92.568.578.9

108.0102.489.5

89.490.389.7

'49.4301,773165, 528136, 245

1,023,341138,487

1,071

58.857.3

38.137.3

»200»296

5,5651,401

308'260

7,291

1,22055,741

4.773.35.14

2.25.96

' 96. 5'96.0

' 104. 3

'116.2'85.7

' 67. 6'113.4' 60. 7'74.3'53.9

' 125. 7

' 148.9

' 118.1

' 223.8

'96.3'308.0' 138.5

' Revised. *> Preliminary. ^Designation changed from "quit" as separations such as deaths, permanent disabilities, retirements on pensions, etc., are included.§Beginning 1940 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.fRevised series. Telephone and telegraph employment indexes revised beginning 1932, other indicated employment series beginning 1929; see table 19, p. 17, of the April

1940 Survey; subsequent revisions in indexes for street railways and busses beginning 1932, superseding those shown in the April Survey, appear in table 27, p 17 of the May1940 issue.

*New series. See note marked with an " * " on p. 26.




PAY ROLLS—Continued

Factory, unadj. (U. S. Dept. of Labor)—Con.Durable goods—Continued.

Metals, nonferrous, and prod. 1923-25=100..Brass, bronze, and copper products-do

Stone, clay, and glass products doBrick, tile, and terracotta doGlass do I

Transportation equipment do IAii craft* do iAutomobiles do !Shipbuilding* do j

Nondurable goods doChemical, petroleum, and coal products

1923-25=100-Chemicals doPaints and varnishes doPetroleum refining doRayon and allied products do

Food and kindred products doBaking doSlaughtering and meat packing do

Leather and its manufactures doBoots and shoes do

Paper and printing doPaper and pulp do

Rubber products doRubber tires and inner tubes do

Textiles and their products! doFabrics! doWearing apparel do

Tobacco manufactures doFactory, unadjusted, by States and cities:

State:Delaware-. 1923-25 = 100..Illinois _ 1925-27 = 100. _Maryland 1929-31 = 100..Massachusetts 1925-27 = 100..New Jersey 1923-25=100..New York 1925-27=100..Pennsylvania 1923-25=100..Wisconsin 1925-27=100

City or industrial area:Baltimore 1929-31 = 100_.Chicago 1925-27=100Milwaukee do.. .New York . . .doPhiladelphia 1923-25 = 100.Pittsburgh do. . . .Wilmington do

Nonmanufacturing, unadjusted (U. S. Depart-ment of Labor):

Mining:Anthracite 1929=100..Bituminous coal do -Metalliferous do.Crudc petroleum producing „ do.Quarrying and nonmetallic do

Public utilities:Electric light and power! do.Street railways and bussesf do.Tclephone and telegraph! do.

Services:Dyeing and cleaning do.Laundries do.Year-round hotels do.

Trade:Retail, total! do

General merchandising! do.Wholesale do.

WAGES

Factory average weekly earnings:National Industrial Conference Board (2!

industries) dollars..U. S. Dept. of Labor, (90 industries) do

Durable goods d o —Iron and steel and their products, not in-

cluding machinery dollars.Blast furnaces, steel works, and rolling

mills dollars.Hardware do . . .Structural and ornamental metal work

dollars..Tin cans and other tinware do

Lumber and allied products doFurniture doLumber, sawmills do

Machinery, excl. transp. equip doAgricultural implements (including

tractors) dollarsElectrical machinery, apparatus, and

supplies dollars.Engines, turbines, water wheels, and

windmills dollars.Foundry and machine-shop products

dollars.Radios and phonographs d o —

116.9161. 6

76. 553. 6

117.4112.3

2, 972. 597.1

209. 5102. 4

135. 0171.0132.2137.6318.0138.1140. 1112.0

77. 275.3

110.7124.990. 280. 287.280.994.363.0

100. 880.1

133.977.7

113.292 488. 0

103.4

135.570.3

108.793.988.796.086.1

33.183.369.159. 145.0

107.670. 3

100.8

78.09o. a80.9

81.381. 178.7

28. 5£

88.110.

71.50.

102.78.

1,380.75.

128.

119.0136.3125. 6135.9246. 6135.1135.3105. 884.682.9

103.7107.786.378.988.180.298.362.7

79.770.3

110.271.391.880.2

'74.591.6

114.061.398.185.579. 172.067.7

33.874.653. 062.042.9

102.269.896.3

73.085.979.2

78.078.676.2

96.5 !122.8 !71.7 !50.4 !

105.0 |99.5

113.6154.1 |80.3 I56.6 !

121.2 |...... 10Q.9 I

1 361. 6 ! 1, 512.1 ! 1,102.9 | H3. 3 |134.8 i H3.6100.5 i 103.9

28.17

29.11

28.50

31.01

27.7822.38

124.6139. 7127. 5134.8286. 4139.7138. 8107.976.672.4

109. 3113.491.082.786. 581.099 i62.9

86.771. 7117. 573.394.282.474.990.1

118.362 896.486 479.772.673.7

40. 180.255. 160. 842.7

102.269.296. 9

78.384. 580. 4

80. 985. 378.0

27. 58

28^ 18

29.7729. 85

133. 3157.9134.6140.0303. 0130. 0136. 6107. 776.571. 1113.8125.6101.990.693.588.098. 763.4

92 177.9126. 976. 5104.387.488.796.2

126.267.4103. 490. 185.692.781.7

52.297.663. 458. 845.6

102.071.297.2

77.383.982.2

83.288. 580.3

28.2425. 8129.71

31. 09

33.9127.13

27. (5224. 8019. 0520. 95IS. HO28. 23 i 20. 20

28. 8723.8620.80

28.91 29. 92

30. 97

29.24

32. 48

115.4157.078.954. 3

121.0105. 6718.0106. 0141.0102.4

133.1161. 5131. 5137.9310. 4125. 3136. 9112.771.164.6114. 2124.699.885.992.791.689.262.9

92.977.8127.878.0106. 487.889.799.4

128.267. 5109.487.485.696.183.7

42.096.363.959. 642.9

102. 569.496.4

70.882.981.8

83. 692.479.0

28.4925. 7329.41

30. 55

38. 08

28. 5223. 7020. 6321. 6310.2029. 51

116.5158.976.451.6118. 9124. 1777 9'l27! 9152. 0102.8

133. 4162. 3130. 5137.6314.0124.4134. 1121.575.470.2

116.8122. 5100. 589.991.689.590.262.3

94.979.1

127.778. 7

105. 789.390. 1

100.1

128.169. 4

110.688.786.098. 785.7

26.684.365.059.239.2

27. 86 i 29. 2722.92 i 23.79

30.27

29. 34

33. 46

29. 4323. 47

108.7150.366.943.4

113. 1118.3

1, 900. 6119.9148.098.4

131. 0159. 8128.5133.5320.4117.0131. 1118.982.379. 1

110.0117.694.185. 687.584.887.552.9

91.175.7

123. 876. 8

100. 686.284.494.7

124.266. 9

104.384.583.892.382.4

52.587.063.658.429.6

102.4 101.669. 8 69. 0O7 A nr A

69. 983.781.1

91.8125.879.1

28. 4926. 2630. 04

30. 71

33.1927.44

28.7423. 8220. 1821. 8718. 1130.25 (

31.07 !

29.89 Ii

34.49 I

30.35 I22.71 i

65. 583.481.1

80.882.777.2

28.0925. 5128.96

29.07

20' 01

27. 6523. 4619. 1019. 0517. 7329.74

30.91

29. 67

34.10

29 2722! 12

103.4136. 465.339.6

108.3118.6

1,881.2119. 1149.999.1

131.4159. 7128.3134.4321.3115.5132. 4110.982.680.2

108. 6116.988.380.691.384.299.854.0

91.675.8

122. 174.4

100.086.781.894.7

122.866. 1

100.187.883.187.382.6

32.987.064.259.030.8

102.271.596.9

64.483.182.7

79.180.877.1

27.6125. 2028. 60

29. 6924. 6527. 2722'. 8219.6920.9118. 1929.67

31.14

29.53

34.09

28.89 I22.19 I

104.8137.268.341.5 I

112.8124.3 !

2, 010. 8122. 9169. 399.0

132.5159. 3130. 5135. 8316.0117.1134.4111.580.378.2

110.0115. 188.379.089.578.5

105.758.1

93.975.2

124.773.9

102.289.280.796.8

126. 665 6

104.294.983.185.384.7

38.478.363.258.434.1

102.369.598.1

72.784. 181.8

82.085.977.8

27.6125.4628.90

27.47

28.8826.15

27.3924.1519.9121. 1518.4930.15

31. 37

29.98

34.43

29.3922.30

103.1133.072.245.2

114.2122. 6

2, 062. 7121.2169.495.4

133. 4159.6131.9136.9311.1117. 7134.3109. 570.766.6

109. 7115. 486.578.181.475.288.758.7

98.174.2

124. 170.9

101.885.079.296.1

127.064.6

104. 186.581.883.788.6

36.372.263.559.038.1

103.369.298.7

79.685. 683.2

82.385.077.4

27.6625. 3328.92

27.50

28.7326.13

28.4224.2020.0020.7018. 9329.97

31.43

29.70

34.35

29.2722.46

103.6134.274.649.2

112.0116.6

2,212.6111.1180.494.9

133.6161.9136. 3136.8311.4121.5137.8110.463.658.1

113.1124. 2'87 .1

79.977.973.981.060.7

97.074.8

126.370.3

103.985.079.097.9

127.465.6

105.984.580.785.287.1

40.075.365.758.742.7

104.269.298.8

85.488. 583.0

83.486.677.4

27. 6725.4328.80

28.16

29.8726.14

28.1324.0420. 2220. 5919.4330.11

31.42

30.01

34.21

' 29. 2923.09

105. 8140.873.451.1

111.0118. 8

2. 514. 0• 112.0

185. 895.5

• 133. 2165.2136. 2137. 1314.3129. 0140.8114. 767.062. 7

112.0126. 286.477. 575. 472.576.666.9

98.676. 4

128. 770.7

107. 586.3

' 82. 599.9

129. 667.3

106. 082. 284.089.387.5

40.6' 73. 9' 65. 4r 58. 8'43 .9

' 104. 8' 70. 5

r 100.0

89.fi'92.4'82.0

'84.8'89 .3'78.4

28. 2325. 7929.48

29.30

31.5325.85

28. 5625. 0420.1720. 6719.3230.41

30.74

30. 52

35. 05

20.41 I23.61 I

• 105. 8• 146. 2' 71. 4' 51. 8

" 106.296 2

, 635. 4' 80 2

" 193. 497 .1

- 133.5r 168.9' 132.4r 136. 6<• 314. 7r 131.4r 142 1r 117.6

76.474.6

111.2' 126. 4r g5_ o' 7 7 . 4

' 7(1 4' 75. 6' 62. 3

97.0

' 131.475.4

106. 686.8

'83.4100.7

' 132. 768.5

101.780.8

' 85. 2'89 .7

85.8

36.475. 562. 159. 143.3

105. 570. 0

102.4

79.990.180.2

83.184. 578.5

28.25.28.

28.

30.25.

162552

89

7545

28.8724. 3819. 3720. 2818. 0230. 29

30.

30.

35.

29.23.

42

14

14

3490

r Revised.!Revised series. Data for textiles and their products and fabrics revised beginning 1933; revisions not shown in the May 1940 Survey will appear in a subsequent

issue. Telephone and telegraph pay-roll indexes revised beginning 1932, other indicated pay-roll indexes revised beginning 1929; see table 19, p. 17 of the April 1940 Survey.*New series. See note marked with an "*" on p. 26.

October 194U SURVEY OF CURRENT BUSINESS

Monthly statistics througli December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be fouBci in the1840 Supplement to the Survey

1940

August

1939 1940

August | Sep-I tember October Novem-1 Decem-

ber b i rJanu-ary

Febru-ary March June July

EMPLOYMENT CONDITION AND "WAGES—Continued

.do

WAGES—Continued

Factory average weekly earni.1.1-: — Continued.U. S. Department of Labor— ('oiitinued. ;

Durable1 goods—Continued jAF(^tals. nonferron-;. and prod . dollars._'

Brass broir/e, nn.l eopp'V prod __do _ iStone, clav, and idass pic'-uc is. _ .do i

Brick, tile, and terra co lu do 'Glass . . . . . do. . . !

Transportation cquipn.< IM do . ..iAutomobiles _ ..do ,

Nondurable poods . . __ . . . . . .do . . .Chemical, petroleum. 'M'd coal products i

«?(/il:irs.JChemical? . . . . .do •Paints and varnNhos _ .do 'Petroleum refining _ ._ do _..•Rayon :nid allied products . . . . d o .__'

Food ;md kindred products. .. _ do 'Baking, . - - - do __.jSlauuhterin;/and r <>ai p.M-kin^ do _.j

Lofiiher find its m':iiuu4ci iuv<: do _|Boots and slux s .. .. _ _do .,

Paper and nrh.Mi.-'Paper and pulp

Rubber prodiirN . . . _ . . < ! . •Rubber t ire-; and hirer tubes _ do j

Textil'-s and their rioiliK-ts do . . iFabrk-s . . do |A\ earing apporel _ . ___ __c]o

Tobacco manufactures . .do ....Factory a\enu>e hourly c a mini's:

National Industrial Conference Bonrd (25industries) . . . . . . . dollars..

U. S Dept.of Labor t90 industries) „ <h> . . .Dural)l(M'oods _. ______ do . . .

Iron and steel and their products 7:-->t in-cluding in.ich'_.ery.. d-ill-irs .

Blast furnaces, steel works, and rollingmilk dollars..

Hardware.. ... __ .doStructural and ornamental metal work

dollars,.Tin cans and other tinware do

Lumber and allied products doF u r n i t u re doLumher, sawmills do

Machinery, excl. trans, equip doAgricultural implements (including

tractors) dollars _.Electrical machinery, apparatus, and

supplies dollars ..Engines, turbines, water wheels, and

windmills dollars. _Foundry and machine-shop products

' dollars. _Radios and phonographs do

Metals, nonferrous, and products...doBrass, bronze, and copper products. _ do I

Stone, clay, and glass products do jBrick, tile, and terracotta doGlass do.._.

Transportat ion equipment doAutomobiles do |

Nondurable goods do jChemical, petroleum, and coal products I

dollars...Chemicals do IPaints and varnishes doPetroleum refining doRayon and allied products do

Food and kindred products doBaking doSlaughtering and meat packing..do

Leather and its manufactures (joBoots and shoes do

Paper and printing doPa per and pulp do

Rubber products doRubber tires and inner tubes do

Textiles and their products doFabrics. doWearing apparel do

Tobacco manufactures doFactory average weekly earnings, by States:

Delaware ._ " 1923-25 = 300Illinois 1925-27=100..Massachusetts doNew Jersey 1923-25=100New York" 1925-27 = 100 _Pennsylvania 1923-25 = 100...Wisconsin 1925-27 = 100. _

Miscellaneous wage data:Construction wage rates (E. N. R.):§

Common labor dol. per hour_.Skilled labor do

Farm wages without board (quarterly)d l

90. 697.7

101. 3122.699.4

111.7107.8

.7071.48

dol. per mon th .Railway wages (avg., class I). . .dol. per hour .r Revised.

25. 9828. 0024. 2621. 1725. 4533.7135.1521. 58

29.4931.4828. 4734.7624.8123. 9525. 4927.7719. 7818.7428.01 !24.6528 5f> I3^77 I17.2016. 6318.7717. 43

.720 I

.634 I

.699 !

.843

.669

. 726". 608.502.529.481.721

.781

.737

.778

.714

.576

.668

.710

.646

.539

.714

.888

. 935

.585

.766

. 785

.707

.975

.643

.596

. 624

.688

. 526

.502

.70S

. 618

.770

. 950

.483

.460

.523

.472

82.494.695.6113.395.4103. 0101. 7

.6851.44

26.6929.1524. 0320. 5225. 4333. 2534.4121. 54

28.7431.0828. 6534.3824.4924. 1926.0027. 9918.45 j17.0428.89 i25.64 I2«93 I34.55 I16.91 j16.7317.4017. 44

.722

. 638

.709

.761

.722

.721

. 615

.501

.530

.479

.722

.778

.740

.715

.577

. 674

.714

. 647

.540

.718

.895

.934

.583

.741

.781

.704

.969

.646

. 585

.620

.686

.532

. 508

.774

. 620

.768

.959

.482

.461.519.475

83.994. 596.7113.594. 1

101. 599.1

.6851.44

28. 5832.21 I25.98 I22 5127.71 I33.82 I34. 75 !22.02 j

29. 5432. 5129.46 j35. 7725. 0324.3425. 0527. 6018.7417.2029. 4027. 1930. 1135. 9117.5817.2118. 6317. 55

.724

. 646

.713

.764

.676

.725

.610

.502

.527

.483

.721

.782

.733

.794

.718

.573

. 691

.757

.654

. 551

.730

.891

.922

.590

.738

.789

.712

.974

.646

. 608

.623

.685

.532

.508

.773

.629

. 769

.961

.486

.464

.527

. 474

90.398.296. 6

119.796.4

111.1107. 6

.6851.44

.73136.13.729

28.2631.3925.24 i21. 5827. 0633. 2634. 2522.03

29. 4931.86 128.72 I34. 9425. 4224.8025. 9727.4518. 2016. 4629. 2626.6128. 9533. 6417.6817.6417.8117. 50

.727

.653

. 715

.767

.847

. 685

.725

.614

.514

.536

.497

.723

.787

.731

.720

.583

.690

.753

.657

. 550

.734

.886

.922

.599

.751

.792

.715

.972

. 659

. 625

. 627

.684

. 539

. 514

.774

. 627

.768

. 961

.493

.477

.525

.479

91.596. 398.0119.596.1110.8107.9

. 6851.46

28. 6731. 6325. 0121.1826. 7834. 5135. 8122.30

29.6132.0728.7535. 2725. 8225. 4825. 8328. 5119. 0917. 6229. 5126. 1929. 5035. 1117. 7217. 5418,2617.47

729.662

.772

.851

.680

.731

.619

. 513

.544

.489

.732

.793

.590

.703

. 758

. 660

. 558

.737

. 901

.940

. 605

.751

.796

.714

.972

. 665

. 633

. 633

.678

.537

.511

. 783

.631

. 776

.974

.497

.479

. 533

.489

93.397.9100.0120. 097.7

111.9107.6

.6851.46

.743

27.3730. 2823. 5819. 5226. 2033. 2334. 2821.87

29.2231.8228. 4434. 4226. 2425. 3225. 8427. 9419.8918. 7828. 6625. 3528. 5433. 9617.2617.0717.8516. 52

.727

. 663

.727

.766 j

.841 I

. 670

.730

.619

.512

.538

.491

.735

.796

.749

.804

.726

. 595

.701

.749

. 664

. 558

.746

.894

. 934

.607

.756

.800

.718

.974

. 676

.641

.635

.677

.534

. 508

.783

.635

.776

.965

.499.481.534.496

90.795.798.9117.296.1107.8104.0

.6851.47

35.:

26. 6528. 9623. 7119. 3025. 8933.4734.8021.73

29. 3131.7928. 4334. 7826. 3325. 0025. 8426. 8810.6118.5928. 3725. 4227. 4032. 2917. 4816. 9818. 8616. 25

.728

. 663

.838

.671

.732

.620

. 513

. 539

.491

.737

.797

.753

.606

.696

.743

. 662

. 554

.738

. 896

.938

.608

.756

.803

. 719

.975

.674

. 639

.631

.680

.537

. 514

.783

. 638

.' 964

.505

.484

.544

.491

92 195. 895. 9116.495.4105. 2105.7

1.47

.742 I .751

.26. 9629. 0124. 0319.5526. 0234.3935. 5321. 86

29.1431. 7228. 9334. 9626. 2625. 2526. 1227. 2619. 2318.2028. 6725. 1727. 6631.9817.4516. 6219. 5416.88

.731

. 665

.728

. 763

.838

.681

. 735

.626

.515

.547

.492

.739

.797

.755

.807

.725

.614

. 697

.748

.664

. 553

.741

. 900

. 944

.610

. 746

. 800

.718

.971

.672

.641

.630

.681

.541

.519

.789

. 637

.779

.963

.505

.482

. 543

.490

93.495.698.6

118.697.4

106.3106.5

.6851.47

.735

26. 7628. 7424.4919.9726. 4934.4035.7821.49

28.9931.8329.0235. 3420. 1225. 1726. 2227. 7617.6816.3028.7025. 3527 9832.7716.7416. 4017. 6317.07

.734

. 665

.729

. 838

. 685

.737

.624

.518

. 546

.497

.739

.801

. 756

.803

.726

.611

.700

.749

. 664

.551

.739

.902

. 945

.609

.742

.801

.717

.974

.672

.643

.636

.689

.543

. 521

. 793

.637

.779

. 966

.495

.482

.519

.493

96.395.296.7118.795.1

105. 9106.8

.6851.47

36.41.731

27.0229. 0024.7920. 6526. 1832. 8333.4721.72

29.7332.0929. 6235. 1426. 2725. 64

* 26. 4627.4317.2615. 6529. 3826. 5228. 3933.8816.5216. 3516. 9718. 02

.737

. 669

.730

.842

.692

.741

.624

.521

.546

.503

.741

.799

.757

.797

.730

.606

.701

. 750

. 664

.551

.739

.902

. 947

.615

.760

.803

.716

.975

.673

.647r. 637. 688. 555. 533. 794. 638.778968.496.484.518.497

94.995.797. 6

120. 496. 2

107. 0108.4

.6901.47

27. 25r 29. 3524. 2020. 7425. 89

»• 34. 21r 35. 2821.81

30. OS32. 2329. 5534.8426. 3625. 54

r 26. 5727.8218. 1716. 8729. 2726. 7028. 27

r 33. 1116.4316.2416. 9618. 98

.740

.072

.732

.774

.849

.680

.741

.632

. 523

.548

.505

.743

.798

.803

.728

.614

.702T. 755. 664.551.740. 905r. 954.617

. 777

.806

.717

.983

.675

.641r. 639. 691. 553. 531.797. 644. 780r. 967. 496.484. 518.505

94.697.198.7

122.697.5

108.9108.0

. 7031.47

.725 .728

27.130. 4i23.5,20. 7:24. 9;31.832. 121.8

30.132.429.134.726. 324. 326. 627.719.818.729.026.427.932. 616.816.717.218.2

.74

.6f

.75

. 77

.84

.51

. 5f

.6 .

. 7(

.7/

.8!

.9-

.6:

.9:

.6'

.6:

.6

.6:

. 9

.5

.4

.5

' 9 496

10112197

' 107101

37.

r Revised.§Construction wage rates as of September 1,1940; common labor, $0,711; skilled labor, $1.48.


Monthly statistics through December 1939, to- ! 1940gether with explanatory notes and references — —to the sources of the data, may be found in the1940 Supplement to the Survey August

1939 1940

August Sep-tember October iA ber

Decem-ber I

Janu-ary



WAGES—Continued

Miscellaneous wage data—Continued.Road-building wages, common labor:

United States, average- dol. per hour__East North Central doEast South Central doMiddle Atlantic doM ou nt ain doNew England doPacific doSouth Atlantic. doWest North Central doWest South Central do

0.47.62. 35.54

ALL PUBLIC ASSISTANCE

Total, exclusive of cost of administration, tr.a-terhl, ctc_ __ ___ _ - mil. i-i" do'

Obligations incurred for:?Siveial 1> p' s of public assistance . do__

Old-aiie assistance* . doGeneral r. lief do

Subsidence payments certified by the KamiSecurity Administration mil. o; do]

Earnmes of persons employ d under Fed-eral work programs1:

Ci\ ilian Conservation Corp? _ mil. of dolNational Youth Administration:

Slud^nt aid __ _. do .Work projects.. ___ _ __ do _

Work Project Admi:iis!rat ionj do .Other Federal work and construction

projects- . _ mil. of dol

.50

.68

.34

.47

.38

BANKING

Acceptances and com'l paper outs tanding:Bankers ' acceptances, total mil. of dol__

Held b y Federal Reserve banks doHeld b y accepting banks , total do

Own bills doBills bought do

Held b y others doCommercial paper outs tanding do

Agricultural loans outs tanding of aeencies su-pervised b y the F a r m Credit Adm. :

Total , excl. joint stock land bks . t - .m i l . of dol_..F a r m mortgage loans, total do

Federal land banks doL a n d Bank Commissioner do

Loans to cooperatives, total doBanks for cooperatives incl. central

bank mil . of dol__Agri. M k t g . Act revolving fund do

Short t e rm credit, totalf doFederal intermediate credit banks , loans

to and discounts for:Regional agricultural credit corps.,

prod, credit ass 'ns, and banks for co-operativesd1 mil. of dol _.

Other financing inst i tut ions doProduct ion credit associations doRegional agr. credit corporations doEmergency prop loansf doDrought relief loans do

Joint stock land banks, in liquidation._-doBank debits , total (141 cities) do

New York Ci ty doOutside New York Ci ty do

Federal Reserve banks , condition, end of mo. :Assets, total _mil. of doL__

Reserve bank credit outs tanding , totalmil. of dol_-

Bills bought doBills discounted doUnited States securities do

Reserves, total doGold certificates do

Liabilities, total doDeposi ts , total do

.Member b a n k reserve balances, totalmil. of dol__

Excess reserves (estimated) doFederal Reserve notes in circulation__ do j

Reserve ratio percent_ _Federal Reserve report ing member banks ,

condition, Wednesday nearest end of m o n t h :Deposits:

D e m a n d , adjusted mil . of dol- . jD e m a n d , except in terbank: j

Indiv iduals , par tnerships , and corpora- jtions mil . of dol__|

States and political subdivisions do iUni ted States Government do I

1820

1481034434

247

3,0502, 5341,871

66383

6715

433

20342

203

1285253

29, 91811, 60418, 314

22,176

2, 51504

2, 43618, 95918, 61822,17615,867

13, 5416, 4875, 37089.3

20, 901

20, 4151, 440

509

0.43.61.30.51.57.47. 04.30.46

)4

112

235

1911286344

201

3,1352, 6371, 928

70884

61

18842

18510

1255476

30,01313, 11817, 490

17, 823

2, 4461

2, 42614, 66114,32117, 82312, 247

10, 9184, 7584. 631

86. 9

18, 090

17,479 I1,447

528 I

0.43.60 j.30 i.53. 5S :

!-.r> I.04 i.30 i.40 !

4837 !39 !

(a)

I|

0.43 I. 59 |. 3 1 I• 51 !. 57 i. 4 * j

S S ||

.38 !

39

1

4 I102 i

53

0.44.59

|. 50 I.49 !06 I

.32 j

.40 !

. 3 8 I

48 i

38 |

1 II

19 |I

3 '<5 !

100 i

51 i

FINANCE

1771156239

209

3,1102, 0201,923 |

704 '88

6522

396

ISO38

1749

12254

33, 00415, 13818, 526

18, 002

2, 87916

2, 80415, 01314, 67918, 00212, 953

11,0555,3524, 72085.0

2216)1791116742

205

3. 0802. 0161,936

69993

70

2230

1721036951

214

18, 333

18, 779

2, 80106

2, 73015, 17814, 83818, 77912. 988

11,973

4'. 77385. 5

18, 556

I17,988 I 18,2731,334 i 1,400

528 I 525

7321

367

165 I33 I

157 IS

1175370

31, 67013, 04118, 636

18, 740

2, 05008

1

14, 97618, 74012, 805

11,6285, 1604, 86286.3

18, 972

18,5031, 484

523 I

0.42 i.63 i

. 50 j

. 50 1

.48 !66 i

.32 |

. 4 4 I

.38

493739 !

18

3

112

47

2330

17510570

210

I

3,068 3,0582, 605 I 2, 5961,910 I 1,905

695 09195 99

7621

364

165

154

2,48415, 52415, 20919,02712, 941

11,0535 2094. 95986. 7

18, 566

18, 4741, 227 j

574 I

0.41 .

• i !. r>o ;

.39

271 |

51 !39 |43 !

3 )6 I110

0.43.62. 33

. 59

.50

.72

.32

.50

.39

274 i

5 1 I39 I41 i

20

36

115

0.41

:SI.59 !

.70 !

.32 |

. 45

. 39

6 I124 I

0.42.66.33.57. 55. 58.74.33.45.38

36

120

0.45.64.33.52.56

.67

.33

.45

.38

36

114

0.46.63.33.54.56.49.68.33.46.39

256

524032

16

6101

2290

1791110850

219

3, 0462, 5881,900

68795

7320

303

16234

154

1165366

40,01917. 63322, 386

19,027

2, 5930

1165203

34, 71714, 73919, 978

19, 223

2, 5030

2, 47715, 97515, 56119, 22313, 422

12,1505, 5594, 83287.5

19,199

18, 8431, 332' 501 I

2330

1881236545

226

3,0472, 5801,897

68494

7220

373

16535

1608

1185262

29, 48212, 13817, 344

19, 497

2,5470

2 477

ie!i8i

15. 81319) 49713,630

12, 3285, 6924,87287.5

19,414

18, 9291, 432

559

2300

1841216346

233

3,0532, 5681,890

67891

6920

394

17036

1748

1245261

34, 73815, 20119, 537

19, 677

2 52904

2, 47510, 45116,07619, 67713, 815

12. 423Si 8284,93187.8

19,175

18, 7431, 351

562

0.47.61.35. 53. 56.49.68.32.47.38

251

534033

03

»97

2230

1781186145

239

3, 0592,5601,886

67488

6719

412

18538

1868

1285258

34, 76915, 51919, 250

20, 042

2, 51803

2, 46716, 80916, 42820, 04214, 152

12, 9196,1494, 94188.0

19, 696

19, 2531, 594

560

2140

1711135843234

3,0582,5531,883

67183

6418

422

19138

1958

1295256

34,19514, 53619, 659

20, 585

2,51903

2, 47717, 34616, 99420, 58514, 575

13, 2376,3855, 05788.4

20, 287

19, 6961,578

560

2060

1661125440

224

3, 0602,5491,880

66981

6218

'429

19640

2008

1305255

31, 96013,11018, 850

21,408

2,53102

2, 46618,12017, 75421, 40815, 213

13, 7816, 8575,19988.8

20, 510

20,1671, 434

515

1880

1521034936

232

3,0562,5401,875

66582

6515434

19942

2048

1295254

31, 84513, 61219,233

21, 801

2,48404

2,44818, 57918,20221,80115, 575

13,498' 6, 5145, 24889. 2

20, 984

20,4991,497505

r Revised. v Preliminary. cf To avoid duplication these loans are excluded from the totals.a Less than $500,000. b Less than $500,000, held for foreign correspondents.^Beginning with January 1940 those series include cost of hospitalization and burial; the inclusion of these data has only a minor effect on the comparability of

the series.JCombined figures for projects operated by W. P. A. and other Federal agencies; data not reported separately since February 1940.tRevised series. A constant, $1,052,450, has been added to all data on emergency crop loans to include. 1918-1919 farmers' seed loans, and totals adjusted accordingly.*NewT series. Data beginning 1933 will be published in a subsequent issue. Other special types of public assistance, included in the total but not shown separately,

are aid to dependent children and aid to the blind.



1940

August

1939 1940

August Sep-tember October Novem-1

berDecem-

berJanu-

aryFebru-

ary March April July

FINANCE—Continued

BANKING—Continued

Fed. Res. reporting member banks, condition,Wednesday nearest end of month—Con.

Deposits—Continued.Time, except interbank, total._mil. of dol._

Individuals, partnerships, and corpora-tions mil. of doL.

States and political subdivisions doInterbank, domestic do

Investments, total doU. S. Govt. direct obligations, total do

Bills 1 do___.Bonds doNotes do

Obligations fully guaranteed by U. S.Government mil. of doL -

Other securities doLoans, total do

Commercial, industrial, and agriculturalloans mil. ofdol-.

Open market paper doTo brokers and dealers in securities _.. doOther loans for purchasing or carrying secu-

rities mil. of doL-Real estate loans doLoans to banks doOther loans do

Instalment loans to consumers:* |By industrial banking companies: j

Loans made do |Repayments do jAmount outstanding, endofmonth___do I

Money and interest rates:Bank rates to customers:

In New York City percent.-In 7 other northern and eastern cities

percent..In 11 southern and western cities do

Bond yields (Moody's):Aaa doBaa do

Discount rate (N. Y. F. R. Bank) doFederal land bank loans doFederal intermediate credit bank loans-doOpen market rates, N. Y. C :

Prevailing rate:Acceptances, prime, bankers, 90 days

percent __Com'l paper, prime, 4-6 months...doTime loans, 90 days (N. Y. S. E . ) -do

Average rate: jCallloans, renewal (N. Y. S. E.)~-do :U. S. Treasury bills, 91 days do j

Average yield, U. S. Treasury notes, 3-5 Iyears percent- _j

Savings deposits: jSavings banks in New York State: 1

Amount due depositors mil. of dol.JU. S. Postal Savings: j

Balance to credit of depositors do IBalance on deposit in banks do !

COMMERCIAL FAILURESf |

Grand total number._|Commercial service, total do iConstruction, total do !Manufacturing, total do j

Chemicals and drugs do sFoods do |Forest products do !Fuels do \Iron and steel doLeather and leather products do |Machinery do jPaper, printing, and publishing do jStone, clay, glass, and products do jTextiles doTransportation equipment doMiscellaneous do

Retail trade, total doWholesale trade, total do

Liabilities, grand total thous. of doL_Commercial service, total doConstruction, total doManufacturing, total do

Chemicals and drugs doFoods doForest products doFuels doIron and steel doLeather and leather products doMachinery do __Paper, printing, and publishing doStone, clay, glass, and products doTextiles doTransportation equipment doMiscellaneous do

Retail trade, total doWholesale trade, total do

5,380

5,174182

8, 50515, 62!9, 361

7056, 5612, 095

2, 5963, 6658,566

4,480294390

4631,219

481,672

2.854. 761. 004.001.50

Vis

VA

1.00.04

.58

5, 629

1,29741

5, 259

5,017224

7,16714, 2338, 565

5025, 9032,160

2, 2863, 3828, 209

3, 99631760S

5191,174

491, 546

40.238.7

248.3

2.934.851.004.001.50

VA1.00.05

5,529

1, 27156

1,1265152210

502019138173

52

28696117

12,637530790

4,4536070953840

3453237129620

68421

3465,1751,689

5,243

5,018207

7, 6671.4, 0098, 437419

5, 8812, 137

2,2323, 4008, 350

5, 261

5,063181

7. 95414, 2078, 684667

5, 8582,159

2, 2323, 2918,521

4,229 j 4,310 I

533

5101,180

351, 547

39.337.3

250. 3

2.04

3.31

317603

5121,184

361, 559

40.739.9

251.1

1,

3.255.001.004.001.50

5A-34

m1.00.14

1.07

5,557

1, 26755

1,0434851187 ,9 !

44 I20 !

471116

37424652105

10,545522945

3, 46613861144281628462169910543595435

4,4431.169

3.154.881.004.001.50

VA1.00.05

5,552

1,27154

1,23443552351446183101212289444

35

12917, 464

7901,1296,959

1351.5001,411

111274327

1,455484172579134377

5,3783,208

5, 244

5,043184

7, 89414, 5038,713

7115, 8422,160

2,4083, 3828, 656

4, 381312660

4991,189

361, 579

39.338.3252.1

5, 288

5, 072199

8.19014,4138, 703595

6, 3531, 755

2,4123.2988, 674

4,353315700

5041,188

501,564

47.042.5256. 6

1.96

2.593.32

3. 004.851.004.001.50

Viel

1.00.05

5, 547

5, 269

5,047205

8. 02914,6758,877648

6, 4821,747

5,302

5, 085201

8, 08514, 7408, 851647

6, 4691, 735

2, 414 2, 4213, 384 3, 4688,499 8,528

4, 295

614

4851,183

541,547

40.940.1257.4

2.944.92 j1.004. 001.50

1.00.04

5, 599

1,275 1,27954 I 53

I

1,184495026311641649139291053441697125

13, 201587765

4,606132

1,286168

32196220185 .227 |565 I129 I

1,2055,1562,087 i

1,153575923993716616414247633 |

40 I690108

13, 243760

1,0945,129

781,48116730416226

859310279969168326

4,9401,320

2.884.861.004.001. 50

VA1.00.01

5,616

1,29050

1,2374469223852171

1111814556436789112

15,279614

1,5094,942

762,1422085

1052044033575

595157

1,0005,6172,597

4,324332609

4781,185

521, 548

39.938.4258. 9

2.864.831.004.001.50

VA1.00.02

5,373

5,165188

8,42414, 6668, 848

5096. 518i; 821

2,3803,4388,649

4,414337625

4761,185

511, 561

46.441.7263. 6

2.03

2.673.35

2.844.801.004.001.50

1.00.02

5,632 ! 5,676

1,29748

1,042486620475617461311196

381

26622102

13,472575

1, 6554,939290, 16742724930247548856112453214346

4,4401,863

5,323

5, 121183

8, 46014, 8818,960

5936,4961,871

2, 4273,4948,661

4,409326626

4741,187

521,587

47. S43.1208.3

5,333

5,120191

8,4315, 0499, 081627

6, 5281,926

2, 3993, 5698,475

r 5, 352

5,146183

8, 57715, 1249, 202757

6. 3822, 063

2,4053,5178,462

r 5, 341

5,144175

8, 23915, 4619, 457791

6, 5672, 099

2,4183, 5868,517

4, 367322478

4811, 189

461,592

48.242.6273.9

1,

1,30145

1,1975563

21612492841188197366

28740123

11,681752668

4, 3363429116591074772425426793620190374

4, 5851,340

2.824.74 !1.005.001.50

1.00.02

5,660

1,30344

1,2917278261670221014673112524

27766114

16, 247911

1,5476,925

331, 71853542630717592

1,318639587251844

5,1981.666

4,438301380

4711,199

401,633

47.042.6278.3

1.00

3.38

2.934.941.004.001.50

1.00.06

.65

5,644

'1,299--43

1,2384670263165131510131427 |5523

36739120

13,068570

1, 2014, 588

1228327391944321942142787682087600

5,0631,646

2.965.111.004.001.50

Vie

VA

1.00.10

.76

5. 670

1,29343

1,1144861

84826

l\ill20 I4575 i

22666113

13,7341,100984 |

5,03990

1,08850843415824631222693

1,018294

5, 2281, 383

4,441291419

4741, 210

401,642

45. 344.2

279. 4

4.801.004.001.50

m1.00.05

5, 631

1,29743

1,1755065

2161640259

154

14123

545

19728116

16,213594847

7,11725368*>287

2, 523266

04918272161

1,455

1605, 8971, 758

r Revised.fRevised series. Commercial failures compiled on a new basis beginning 1939; for an explanation of the change in the compilations and revised data for all months of

1939, see p. 31 of the March 1940 Survey.*New series. For data beginning 1929, see table 35, p. 18, of the September 1940 Survey.


Monthly statistics through December 1B39, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey

1940

August

1939 1940

AugustI Sep-| tember October Novem-

berDecem-

berJanu-

ary

FINANCE—Continued

LIFE INSURANCE(Association of Life Insurance Presidents)

Assets, admitted, total t mil. of dol.~Mortgage loans, total do

Farm doOther . do

Real estate holdings doPolicy loans and premium notes doBonds and stocks held (book value), total

mil. of dol..Government (domestic and foreign):

Total doU. S. Government do

Public utility doRailroad doOther do

Cash doOther admitted assets do

Insurance written: <g>Policies and certificates, total number

thousands...Group doIndustrial doOrdinary do

Value, total thous. of dol_.Group doIndustrial doOrdinary do

Premium collections, total® doA nnuities doGroup doIndustrial doOrdinary . . .do

24 7194, 621

31,2,

663958716445

234

31

489460663797750

2, 564

(Life Insurance Sales Research Bureau)

Insurance written, ordinary, total.thous. of doL.New England doMiddle Atlantic doEast North Central doWest North Central doSouth Atlantic . doEast South Central . . . . do.___West South Central doMountain doPacific do

Lapse rates 1925-26 = 100.,

14, 624

6, 7384. 9293. 5792, 6941, 613

888425

683

426

579, 28353, 757

123.Il l402,415246, 254

22, 85412.33955, 451

155, 610

48,

MONETARY STATISTICSForeign exchange rates:

Argentina dol. per paper peso..Belgium dol. per belga__Brazil, official dol. per milreis. _British India dol. per rupee..Canada dol. per Canadian dol..,Chile dol. per peso.. IColombia do jFrance dol. per f r a n c jGermany dol. per reichsmark.. jItaly dol. per lira..!Japan dol. per yen..Mexico dol. per peso__'Netherlands dol. per guilder...Sweden dol. per krona..United Kingdom „ dol. ner £

Gold:Monetary stock, IT. S mil. of doL .Movement, foreign:

Net release from earmark^ thous. of dol_.Exports do iImports do j

Production, estimated world total, on f side IU. S. S. R thous. of dol. _j

Reported monthly, total doAfrica doCanada doUnited States do •

Receipts at mint, domestic (unrefined)fine ounces,.j

Currency in circulation, total . . . mil. of dol _Silver:

Exports thous. of dol..Imports doPrice at New York dol. per fine oz._Production, world thous. of fine oz. _

Canada§ '. doMexico . __ _ do .United States do

Stocks, refinery, end of month:United States do

.298(3). 061.301. 869. 052.570

(3). 400.050. 234.200

(3).238

3.979

20,913

66, 97610

351, 563

307, 7808, 059

1804,107

.348

13,485

6,1234. 4033, 2022, 7051,455

809421

942261431250

584, 59583, 901

119,068381, 626244.706

23,47211,29254, 271

155, 671

479, 79434,364

123,012107,01951,08048,48019. 72938. 83114,84242, 437

23, 6084, 472

6623,8101,7512, 557

13,553

6,110' 4, 377

3, 2592, 6971,487

837438

64224

417200

509,89759, 401

115,935334, 561234,418

18, 24811.32059, 970

144,880

442. 59733, 493

118,74395,35145,61143, 59519,74136, 56712, 75636,740

1.311.170. 061. 344. 995

' . 052. 571.026.399. 053. 269

'. 168.535.240

4.611

16, 646

152,12513

259, 934

0).170. 061. 299.913. 052.571.023.399.051. 235. 190.532.238

3. 995

16, 932

2,83615

326, 089

107,357 106,99091,520 i 90,05744,035 j 43,39615, 732 i r 14, 78416, 947 19, 728

282,1307,171

9374, 365.360

22 522'i 7036,9714, 226

362, 8667,293

1,2924, 639. 370

23, 6342, 6796, 8575.145

23,7114,486

6623, 8241, 7532,547

13,687

6,0974, 3593, 4012, 6971,492

800438

79051

484255

637, 67575, 929135. 769425,977238, 49220,87910, 78157, 055

149, 777

543,99143,136152,548122, 88854,33952 59819,41340, 08814,74344,238

i. 298. 167.061.303.893.052.572. 023. 401.050. 235.202.531. 238

4.011

17,091

79, 51615

69, 740

107, 24490, 99944, 10515,15821, 7S5

23,8154,499

6623,8371, 7542, 534

13,714

6,1814,4413, 3822, 6841, 467

823491

72441

455228

587, 49844,027128.121415,350247, 39723,41210. 85452, 800

160, 331

537, 951Ml, 938150,742122, 52254.24651,00320, 13340, 58814,01342, 736

.298

. 165

.061

.301

.878

. 052

!(322.401. 050.234.205. 531. 23S3.925

17, 358

90, 87310

167, 991

103, 67587, 52544,208

r 14,87517,512

274,8437,483

23, 9174, 528

6603, 8681, 7202,520

13, 906

6, 353'4. 6113, 4282,6421,483763480

72859

443225

646, 550105,030124,662416, 858355, 98350, 08213,270

106, 662185, 969

567,21239. 378148,888126, 81059, 04356, 67224,22345, 99617,34748,825

91

.298

. 166

.091

.300

. 876

. 052

. 570

.022

.401

. 050

.234

.182

. 531

.2383. 930

17, 644

-200, 81111

451, 183

24. 0424, 533

6583,8751,7222, 507

13, 928

6,3704, 6233,4492, 6441, 465890462

65932

400226

653, 156134,507113,111405, 538286,93442, 18515, 84863,512165, 389

517,62241,323151,309121,33947, 56048,29417,82938,47012, 49639,002

.298

.168

.061

. 301

.880

. 052

. 572

.022

.401

. 050

. 234

.167

.532

.2383. 964

17, 931

40, 03422

236, 413

Febru-ary March | April May July

101,438 '104,6361 88.793

45, 56214,85316, 972

85, 10244. 16215,?0915, 936

4,180 ; 5,461

421, 7967,342

1,7737, 268

.35724,426

2,913 I7,931 !4,874 I

3,589 i 4,638

24.1304, 543

6593, 8841, 7202, 496

13, 986

6,3734, 5973, 4642, 6551,494

921464

69725

439232

561, 63838, 120

125, 226398, 292263, 077

25. 56212,45156, 154

168, 910

506, 21239. 633144,717120, 47346,66147, 16-117,65736, 14112, 76141, 005

24,2404,552

661 !3,891 i1,7112,484

14, 035

6, 3964, 6243, 4812, 6591, 499

983475

.298

. 169

.001

.302

.867

. 052

. 573

.022

. 401

. 050

.234

. 167

. 531

.2383. 963

18,177

36, 95453

201, 475

97, 60581,36244,31114,18813, 317

241.879 257,116 179,5597,598 I 7,376 7,455

2984, 070. 348

22, 0881.6906. 7855, 611

4874,183.348

22, 1931.8986, 5395,113

3,

22165

887795350494920210716

5,.

23,1,8.4,

452799348452653128852

567, 87243, 149159, 172132, 72853, 07053.05421, 96942, 66514, 73047, 335

.298

. 170

. 061

.302

.829

.052

.571

.021

. 401

. 050

. 234

.167

.531

.2383. 759

18, 433

-213, 447

24,3394, 555

6613, 8941 7182,472

14, 218

6, 5294, 7563, 5042, 6681,517

906470

113

574,45343, 976158,874132, 45454,29357, 78420, 75242, 82515. 75447,741

24, 4204, 573

6623,9111,7162, 467

14, 325

6, 5174, 7353, 5092,7171, 582

875464

571, 62542,416157, 222131, 23058,86455, 89721,85741.55015, 15447,435

.298 !

. 169

. 001

.05?

. 570

. 020

. 401

.050

. 234

. 107

. 531

3. 526

.298': 167. 060. 301. 810. 052.570.019. 400.050.234. 167K 531. 2385.274

18,770 19,209

67,162 1-36,65233 ! 3,563

459,845 j 249,885 j 438,695

104.067 1*106.974 |P106,59788, 075 | P 90, 325 '89,842

24, 4944, 59]

6633, 9281,7142, 463

14, 347

6, 5204,7213,5452. 7081, 574952427

24,4,

3,1,2,

14,

623608663945714453

527

6,6514,8523, 5722h699605897424

69733428235

605, 32643,124,437,267,35.12,!?^>164'.

566,40,

520192614714043812547312

061743

151,409129,58.57,2245,'14,

2S4097633218349893

46, 435

(3.

(3

3

20

-55

519

298)061301869052571

400050234199

238805

463

0648

983

553, 08641, 727146,613123, 27054, 29058, 09424, 71144. 59514.95644, 830

91

.298(3).061. 301.801.052.572

4. 020.400.050.234.184

(3)238

3. 602

19, 963

-437, 2341,249

1,164,224'104,233 blO9,959v 87, 515

46, 006 j P 46, 743 v 47, 706 v 46. 22815,045 14,652 1 15,488 15 79516,217 16,408 I 16,500 14,862

259,423 240,003 j 233,9017,511 7,559 | 7,710

6575, 724

.348' 22, 501

1, 7865. 7235, 744

3, 533 2, 469 ! 2, 295 ! 2, 447

5945,170

. 34824,935

1. 7708. 1406. 120

1,385

1774, 589

.349 i22,319

1,997 I5,619 I5.840 I

1,870

231, 4867,848

8844,673

.348

93. 210v 47, 762v 15, 981

18, 866

368, 3307,883

155, 378

.348

6,5115. 373

3, 424 3, 9971 Preliminary.r Revive].

1 Quotations not available August 26- October 16.2 Average for May 1-9.3 No quotation.4 Average for June 1-15.J37 companies having 82 percent of total assets of all United States legal reserve companies.<g>40 companies having 82 percent of total life insurance outstanding in all United States legal reserve companies.1[Or increase in earmarked gold (—).§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 thepast has been quite different.


Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data may be found in the1940 Supplement to the Survey

1940

August

1939


berDecem-

ber

1940

Janu-ary


FINANCE—Continued

CORPORATION PROFITS(Quarterly)

Federal Reserve Bank of New York:Industrial corporations, total (168 cos.)t

mil. of dolAutos, parts, and accessories (28 cos.).doChemicals (13 cos.) do.Food and beverages (19 cos.) doMachinery and machine manufacturing

(17 cos.) mil. of doL.Metals and mining (12 cos.) __doPetroleum (13 cos.) doSteel (11 cos.) doMiscellaneous (55 cos.)t do

Public utilities, except steam railways andtelephone companies (net income) (52 cos.)

mil. of dol..Federal Communications Commission:

Telephones (net op. income) (91 eos.)..doInterstate Commerce Commission:

Railways, class I (net income) doStandard Statistics Co., Inc. (earnings):

Combined index, unadjusted* 1926=100. .Industrials (119 cos.) doRailroads (class 1) • doUtilities (13 cos.) do

PUBLIC FINANCE (FEDERAL)

Debt, gross, end of mo mil. of dol..Public issues:

Interest bearing. doNoninterest bearing do

Special issues to government agencies andtrust funds mil. of dol__

Obligations fully guaranteed by U. S. Qov't:Total amount outstandingc? mil. of dol..

By agenciestcfFederal Farm Mortgage Corp doHome Owners' Loan Corporation._doReconstruction Finance Corp do

Expenditures, total, including recovery andrelief thous. of dol..

General (including recovery and relief).doRevolving funds, net doTransfers to trust accounts doDebt retirements do

Receipts, total doCustoms doInternal revenue, total do

Income taxesf doSocial security taxes do

Taxes from:Admissions to theaters, etc doCapital stock transfers, etc do

Governmental corporations and credit agencies:Assets, except interagency, totaL.mil. of doL.

Loans and preferred stock, total doLoans to financial institutions (incl. pre-

ferred stock) mil. of doL.Loans to railroads doHome and housing mortgage loans, .doFarm mortgage and other agricultural

loans mil. of dol._All other do

U. S. obligations, direct and fully guaran-teed mil. of doL.

Business property doProperty held for sale doAll other assets .... do

Liabilities, other than interagency, totaLdoBonds, notes, and debentures:

Guaranteed by the U. S doOther do

Other liabilities including reserves._.doPrivately owned interests doProprietary interests of the U. S. Govern-

ment mil. of doL.Reconstruction Finance Corporation, loans out-

standing, end of month:Grand total§ thous. of dol._

Section 5 as amended, total doBanks and trust companies, including

receivers thous. of dol..Building and loan associations doInsurance companies doMortgage loan companies doRailroads, including receivers .doAll other under Section 5 do

Emergency Relief and Construction Act,as amended:

Self-liquidating projects (including financ-ing repairs) thous. of doL.

Financing of exports of agricultural sur-pluses thous. of dol..

Financing of agricultural commoditiesand livestock thous. of dol..

43,905

38,383589

4,934

5,812

1,2692,6261,096

708, 382693,620-13, 00925,1952, 576

566, 38823,630522, 81337, 645139,131

4,407600

,651,615753,087

85, 2264,6252,188

149,737507, 6273,684

20, 509

47

520

40,896

30,261540

4,094

5,583

1,3792,858820

'822, 049745, 26910, 67966, 100

0419, 98027, 213374, 31038, 032119, 068

1,5131,124

12,0178,900

1,272492

2,337

3,7651,033

876531704

1,0087,886

5,4891,3451, 052391

3,739

l,622,40f677, 408

102,1213, 4052,662

126, 842438,8373,541

40,835

19,989

752

142.014.432.522.2

7.03.311.922.128.6

46.8

60.1

57.7

66.663.534.2116.7

40,861

36, 282516

4,063

5,455

1,2792,830820

793, 302728,8375,26450,1509,051

718, 79035, 595667,156329, 04226, 740

1, 8521,210

11,9678,923

1,272492

2,347

3,7441,068

879535695934

7,768

5,3561, 3571,054393

3,806

1,636,900677,916

101,1873,4872,652

127, 647438,8354,109

41, 586

19, 871

752

41,040

36,421

510

4,109

5,448

1,2792,823820

764, 458701,8938,785

53, 000779

321, 51132, 418271, 58337, 65235, 556

1,7282,806

12,1058,956

1,273489

2,363

3,7381,093

879542689

1,0397,845

5,4491, 3571,039395

3,866

1,640,936679,064

102,1263,4332, 615

130,167436, 6504,073

42, 679

19,371

751

41, 310

36, 517499

4, 295

5, 707

1, 2692,8171,096

691, 006632, 5735, 066

53, 000367

406, 96729, 049354, 92934,142129, 706

2,1181, 275

12, 0638, 936

1, 247497

2, 358

3,7211,112

874543678

1, 0338, 064

5, 7081, 3521,004397

3,602

•1,615,596689, 603

100,7733,3752,571

134, 432444, 3144,138

42, 664

63

751

296.291.745.723.2

10.76.216.357.744.7

54.4

61.8

126.1

114.5118.874.2

135.9

41,961

37, 234

496

4,231

5,7031,2692,8131,096

889, 329822, 858

-54358, 0009,013

569,13627, 814

517,924319,14329, 225

1,9751,012

12, 0628,951

1,260500

2,365

3,7261,100

549661

1,0138,048

5, 7041, 348995397

3,617

•1,6^9,856697, 205

100, 0073,3422,506

138, 595448, 7923,963

38, 258

105

751

42,128

37, 364

509

4,256

5,6991,2692,8091,096

712,994713, 2253,979

- 5 , 000790

314, 54935, 788257, 96945, 33845, 263

1,4871,087

12, 0648,920

1,232504

2,376

3,7091,100

900553652

1,0388,059

5,7001.3401,019

3,607

1,596,231703, 038

96, 4773,5062,478

142, 464454,1943,919

38, 232

47

751

42, 375

37, 493

526

4,356

5,6731,2692,7831,096

668, 376654,1703,81210, 000

394443, 83025, 651

394, 68862, 663177, 756

1,8531,043

12, 078

1,196509

2,365

3,7001,118

895552644

1,1008,053

5,6751, 3211,057400

4,025

1,620,764706, 458

94,8723,6472,457

142, 876458, 8413,765

38, 230

47

747

r 246.6'92.937.117.1

i.O4.515.935.135.0

'61.4

62.5

92.6102.5

147.2

42, 559

37, 531

557

4,471

5,6631,2692,7701,096

1,006,372815, 9635,633

134, 81749,958934, 20828, 702886, 370665, 48730, 481

2,391784

12,1168,914

1,180517

2,377

3,6991,140

895555629

1,1238,052

5,6641,3231,065401

3,663

•1,625,200715,979

93,1283,4802,433

145, 436467, 8873,615

37,870

47

747

42,663

37,625541

4,496

5,656

1,2692,7631,096

792, 288756, 975

20, 0009,325

304, 20326, 479

261, 77247, 62139,194

2,001948

12, 1768,930

1,198521

2,347

3,7051,160

891558610

1,1878,053

5,6571,3271,069403

3,719

718, 030

90, 6133,6372,389

146, 243471, 7473,401

38, 540

47

675

42,810

37,671555

4,585

5,535

1,2692,6411,096

648, 814642, 330

9753,5002,010

399, 59826, 251

356, 50840,197

137, 299

1,7911,593

12, 0858,922

1,170515

2,355

3,7001,183

893559608

1,1037,912

5,5351,3371,039

404

3,770

'1,620,643 1,614,836 1,635,255 1,651,82712, 328

89,0084,1382,354

146,846466, 093

40, 010

47

625

v 226. 3P 7 2 . 6

32.!21.0

9.03.9

12.138.136.7

52.1

61.9

1.6

P87.9P 9 5 . 4

v.6v 142. 5

' 42,971

' 37, 605591

4,775

5,528

1,2692,6341,096

1,069,774883,092

3,425135, 894

47, 363784, 21828,101

694,932463, 78631,749

1,6461,833

12, 0218,470

1,212524

2,323

3,2241,187

5621,0671,0437,977

5, 5291,3431,105

405

3,639

720, 085

87, 7614,3472,331

145, 951475, 856

3,839

19,915

47

525

43,771

38, 33c

58^

4,85c

5,52(1,26*2,63:l,09(

830, 591699, 79'

5,07:113, 52(12,211

331, 22:25, 22J

326,14:49,65J39,09i

1,65182

12,098,51:

1,2055

2,34

3,231,18

8756

1,061,077,84

5,521,35

9640

3,84

749,92

86,304,272,31

146, 63506,62

3,77

19,78

4

'Revised. » Preliminary. d Deficit. • Number of companies varies slightly. §See note marked with a "§" on p. 34 of this issue,concluded in the total but not shown separately are guaranteed debentures of certain other Federal agencies.tRevised series. Income taxes revised beginning September 1936 to include unjust enrichment taxes; revised data not shown on p. 33 of the September 1940 Surve

will appear in a subsequent issue.JA merger during the second quarter of 1940 reduced the number of corporations in the miscellaneous group to 54 and the total to 167.



1940

August

1939 1940

August Sep- ootnhpr N o v e m - Decem-tember O c t o b e r ber ber

Janu-ary


FINANCE—Continued

PUBLIC FINANCE (FEDERAL)-Con.R. F. C., 1 oans outstanding, end of month—Con.

Direct loans to business enterprises (includ-ing participations) thous. of doL.

Total Bank Conservation Act, as amendedthous. of dol.

Drainage, levee, irrigation, etc doOther loans and authorizations§ do

CAPITAL FLOTATIONS

Security Registrations!

(Securities and Exchange Commission)

Total securities effective under the SecuritiesAct of 1933 thous. of doL.

Substitute securities*... doRegistered for account of others doRegistered for account of issuers, exclusive of

substitute securities thous. of doL.Not proposed for sale doProposed for sale:

Issuing and distributing expense:Compensation to underwriters, agents,

etc thous. of doL_Other do

Net proceeds to be used for:Total do

New money doPurchase of:

Securities for investment doSecurities for affiliation doOther assets do

Repayment of bonds and notes.doRepayment of other debt doRetirement of preferred stock..doOrganization expense doMiscellaneous. -.do

Gross amount of securities less securities re-served for conversion or substitution, total

thous. of doL.Type of security:

Secured bonds doUnsecured bonds... doPreferred stock doCommon stock doCertificates of participation, etc do

Type of registrant:Extractive industries doManufacturing industries __doFinancial and investment doTransportation and communications.doElectric light, power, heat, gas and water

thous. of dol..Other do

Securities Issued

(Commercial and Financial Chronicle)

Securities issued, by type of security, total (newcapital and refunding) .thous. of dol..

New capital, total do.Domestic, total do.

Corporate, total _do.Bonds and notes:

Long term doShort term do

Preferred stocks doCommon stocks do

Farm loan and other Government agenciesthous. of doL.

Municipal, State, etc doForeign, total do

Corporate doGovernment _„ doUnited States possessions do

Refunding, total doDomestic, total _.do

Corporate, total doBonds and notes:

Long term. doShort term do

Preferred stocks doCommon stocks do

Farm loan and other Governmentagencies thous. of dol__

Municipal, State, etc... doForeign, total. _ do

Corporate doGovernment doUnited States possessions do

129, 426

563,56183,223101,242

123. 242422

32, 246

90,57416, 717

3,410374

70. 07431, 996

18. 03953760

19,1816005

196

116, 780

6. 65024. 87816, 46557.91710, 870

2855, 20519, 407

500

13,31928,323

281,469

129,10412S, 60467,938

52, 6120

13,4271,899

060,666

50000

500

152. 365152,365111.494

107, 0470

4,42126

27, 52513,346

0000

122,859

566.91983, 433110,210

304,8293,61411,870

289, 34511, 858

6,0311,253

270, 20316,006

2,495123110

217, 8171,8072,417

129,426

296, 294

163,101102, 52411,62819,041

0

2,74734,5113,8944,548

217.14933,444

461,265

112,62982. 62925,895

21,4031,4602,0101,021

056, 73430,000

030,000

0

348, 636332,136300. 963

291,677500

8,73056

18, 25012, 92316,50016,500

00

125, 753

566, 53483, 502

'120,992

35,956775

1,448

33,7338,917

2,053125

22, 6383,574

11,914148

1,5864,7896090019

26,888

10,3801,6001,93612,172

800

1,5823,48519,444

380

01,997

180,018

41,66941. 66916.019

14,3200

5001,199

9,95015, 700

0000

138, 348138,34879,195

25,89553, 300

00

50,8508,303

000

126,862

564, 55683, 482

"•124,171

30,817181

3,578

27,05913, 550

1,247203

12,0596,492

2,6320

2351,4281,223

4342

28,461

13,444500

2,20011,3171,000

1,5238,8182,9271,750

11,1942,250

742,711

338,340338. 34020,297

13,8160

3,2073,274

275,86642,177

0000

404,370402,870157,474

157,4310430

235,09310, 3031,500

00

1,500

130,026

541. 42383, 750

' 127, 316

114,9240

855

114,0691,916

4,069653

107, 4304,922

37, 5413790

53,9707,3843,214

156

113,994

46,81517,7003,39133, 44312, 645

09.92940, 7767,823

64,955511

218,420

88,92088,92021,640

15,4180

8165,406

067,280

0000

129, 500129, 50090,835

88,2770

2,5580

25,85012,816

0000

130,625

539, 93683,998

'•118,978

166, 5718,1003,640

154, 8305,288

3,4141,190

144,9388,480

0200190

126, 2086,4613,391(a)

8

153,367

125.68110,9008,7108,076

0

6,16023,517

2241,401

119,1762,891

335,061

98,42198.42130, 528

21,3730

3,5455,611

067,893

0000

236, 640236,640195,817

189,3070

4,9001,610

18,60022, 223

0000

130,377

535, 37683,814

'104,596

146, 4821,3001,300

143,88241, 507

4,027702

97, 64517,133

2,370250

73,0024,558

02

555

143, 542

47,28931, 27040, 67924, 303

0

32326,2934,9992,184

107,3002,444

286,809

94, 25194, 25135,405

19,4830

2,28413, 638

058,846

0000

192, 559192,559137,460

101,8980

35, 5620

28,80026,299

0000

131,919

554, 24083. 874

' 105, 249

249,9331,2251,088

247, 62016,307

5,5471,454

224, 31217,125

10,83200

180, 5555, 42010,249(°)132

241,143

153, 52246, 50617, 20923, 369

536

2,375122,32012, 28218,504

85,413250

450,801

103,959103,95945,404

32. 74610,0001, 5901,069

80057, 755

0000

346. 842346, 842210,842

196, 3700

14,4720

21,695114,305

0000

130, 704

550,09183.966

'105,796

70,9966,5165,752

58, 72711, 798

2,091457

44, 38111, 291

10,2320

1,3848,454640

12, 2480

132

60, 474

13,4770

19, 36619, 4098,223

1,95721, 56716, 7689,210

82410,150

240,633

71, 21370,46330, 527

15, 9570

3,70010, 870

5,60034,336

75000

750

169,419169,419103,799

87,0493,00013, 750

0

16,94248,678

0000

130,466

552,13483, 723' 97,028

245, 7238,75325, 382

211, 58778, 522

4,6321,042

127,39143,361

3,94300

53, 5327,81818, 316

28393

225, 510

44, 21753, 86684, 50938,4244,493

10,81961, 83914,374

705

84,01853,755

344, 896

117,609117, 60953,925

31,025100

15, 2537,547

5,50058,184

0000

227, 287227, 287192,353

154,1910

37, 546617

17, 35017,584

0000

130, 566

548, 66983, 74098, 851

102, 7613,0222,469

97, 2700

3,126511

93, 6328,252

2,55600

76, 6216,105

9900

99, 739

3,20075,0005,03914,1192,381

4,86486,1122,7453,768

02,250

250,144

122, 111122,11189, 287

79, 68000

9,607

3,00029,824

0000

128,033128,03382,660

82,660000

25,15020,223

0000

130, 732

574, 55883, 596105, 797

82, 5775,694418

76,46420, 225

1,959358

53,9234,293

9,0302790

38,1558

2,139018

76,882

58,1440

2,2546,7999,685

755,7269,8354,337

54, 7002,210

226, 457

81,86181, 8619,339

6,87591065

1,489

2,25070, 272

0000

144, 596144,59610?, 276

96,9475,000

0329

28, 87013,450

0000

129,955

570, 77883, 29997, 524

200,313457

4140**• i _. ,

195, 715429

4,5231,182s -H

189, 58122,984

*42,016

0" 200

161, 423997

1,909U52

199,591

105,14872, 00011, 0409,2092,194

3,97481, 3962,186

0

111, 676359

690,209

396, 071396, 07144,989

42,5430

1,0961,350

289, 45861,624

0000

294,138294,138225, 623

223,1160

2572,250

48, 40020,115

0000

' Revised. • Less than $500.t Revised series. Data on security registrations, formerly excluding reorganization and exchange issues, revised to include all registrations under the Securities Act of 1933.

Earlier data will be published in a subsequent issue.• New series. Comprises voting trust certificates and certificates of deposit. Earlier data will be published in a subsequent issue.§Data revised to exclude a loan to the Rural Electrification Administration advanced in varying amounts during 1936-39, now classified under allocations.

October 1940 SUKVEY OF CURRENT BUSINESS 35


1940

August

1939


berDecem-

ber

1940

Janu-ary


FINANCE—Continued

CAPITAL FLOTATIONS—Continued

Securities Issued—Continued

(Commercial and Financial Chronicle)

Securities issued by type of corporate borrower,total thous. of doL.

New capital, total- doIndustrial.. . doInvestment trusts, trading, and holding

companies, etc thous. of dol._Land, buildings, etc _ doPublic utilities doRailroads doShipping and miscellaneous... do

Refunding, total. doIndustrial.- doInvestment trusts, trading, and holding

companies, etc thous. of doL.Land, buildings, etc doPublic utilities doRailroads doShipping and miscellaneous do

Domestic issues for productive uses (Moody's):*Total mil. of dol. .

Corporate doMunicipal, State, etc do

(Bond Buyer)

State and municipal issues:Permanent (long term) thous. of doL.Temporary (short term) do

COMMODITY MARKETS

Volume of trading in grain futures:Wheat mil. ofbu. .Corn do

SECURITY MARKETS

Brokers9 Balances (N. Y. S. E. memberscarrying margin accounts)

Customers' debit balances (net)__mil. of doL.Cash on hand and in banks doMoney borrowed doCustomers' free credit balances do

BondsPrices:

Average price of all listed bonds (N. Y. S. E.)dollars..

Domestic do.Foreign _ __do.

Standard Statistics Co., Inc.:Composite (60 bonds) dol. per $100 bond..

Industries (20 bonds)-. doPublic utilities (20 bonds) do.Rails (20 bonds) do

Domestic municipals (15 bonds) doXJ. S. Treasury bonds do

Sales (Securities and Exchange Commission):Total on all registered exchanges:

Market value thous. of doL.Face value do.

On New York Stock Exchange:Market value. do.Face value do

Exclusive of stopped sales (N. Y. S. E.),face value, total thous. of dol

XJ. S. Government doOther than U. S. Govt., total.. .do

Domestic doForeign do.

Value, issues listed on N. Y. S. E.:Face value, all issues mil. of dol..

Domestic issues. do.Foreign issues _ do.

Market value, all issues do-Domestic issues... do.Foreign issues.. do.

Yields:Bond Buyer:

Domestic municipals (20 cities) percent—Moody's:

Domestic (120 bonds) doBy ratings:

Aaa (30 bonds) _ .do.Aa (30 bonds) __do.A (30 bonds) do.Baa (30 bonds) . .do

By groups:Industrials (40 bonds) . .doPublic utilities (40 bonds) do.Rails (40 bonds)— do

Standard Statistics Co., Inc.:Domestic municipals (15 bonds) do

U. S. Treasury bonds. . . do.

179,43267. 93823,124

090

30, 23214, 292

200111, 49460, 776

077

23.81125, 300

1,530

1005347

73, 98276,279

45181

631215

256

91.3395.7243.28

81.586.8

100.257.5

121.2105.8

67,05799,101

53, 57182,424

79, 7052,33777,36866, 56610,802

53,91449, 3994,51549, 23947, 2851,954

2.52

3.55

2.853.033.554.76

3.123.234.30

2.492.25

343, 35725,89517,045

500250

1,930400

5,770317,46320,123

02,505

250,8357,00037,000

15312

80, 673154,809

637151

792202556235

90.5994.0554.50

81.085.8101.755.5116.5108.2

122,908159, 770

89,189121,165

111,3948,730

102.66485.00117,663

52,20947,6424, 56747. 29744, 8082,489

3.21

3.67

2.933.113.804.85

3.213.404.41

2.752.21

95, 21416,0191,099

0130125

13,0651,600

79,195600

0230

23,965700

53, 700

20137

30, 55464,931

716187

856217520305

88.5092.4147.29

80.985-098.659 0107.1101.9

417. 429498.100

384, 237459, 821

480. 789227.101253,688227, 99725,691

52, 46647,9174,54946,43144,2792,151

3.30

3.95

3.253.494.055.00

3.573.704.58

3.292.65

177, 77120, 2976,057

0111

1,5059,2003,424

157,4743,443

6,250729

147,05200

441232

55,06522,018

504104

894200577289

90.7994.5950.55

86.4100.561.6

110.7102.6

162.275229,653

131,901194, 212

170,08914, 203155, 886134.81621,070

52,45247,9224,53147.62145.3312,290

2.93

3.83

3.153.353.944.88

3.433.574.51

3.082.60

112,47521, 6407,658

0750

2,1859, 5251,523

90, 83512,000

01,995

76, 84000

591445

88, 854207,413

417102

914195623272

91.2495. 0551.23

83.087.0

101.860.2

117.5104.6

135,515193, 891

105,994159, 374

151, 6855,628

146,057123. 23022,827

52,43547,8694,566

47. 83945. 5002,339

2.72

3.70

3.003.163.784.85

3.253.414.44

2.692.46

226, 34530, 52814,088

032

5,5105,9984,900

195,81715, 215

0386

119, 20060,0001,016

562036

103,87164,025

1,054170

906207637266

92.3396.0252.23

82.186.8

101.658.0

119.9106.1

125, 631206,047

173, 971

176,1004,322

171, 778146,19225, 586

54,06749,5124, 55449,92047, 5412,379

2.59

3.69

2.943.143.744.92

3.213.384.47

2.562.35

172, 86535, 40513,913

00

18,18431

3,277137,460

0

00

101, 36820, 49415, 598

371225

61, 598160, 277

73194

198602262

92.0295.7052.00

82.487.3101.858.2120.2106.8

134,462208,518

101,179166,112

144,9173,760

141,157120,90320,254

53.98849,4404,548

49,67947, 3142,365

2.63

3.63

2.883.083.694.86

3.143.354.39

2.542.30

256, 24645, 4045,249

1,000450

7,015960

30, 730210,842115,000

0575

89, 8970

5,370

28919

174, 916118, 588

64950

893195616253

91.9795.6851.58

82.287.3101.657.8119.1106.6

103, 351153, 589

81,807127,344

120,3842,365

118,01999,17618,843

53,93749,4004,53749,60547, 2652,340

2.70

3.60

2.863.053.684.83

3.123.334.37

2.602.32

134, 32730, 5271,201

00

8,4077,75013,169103, 79924,250

0780

32, 26935,00011, 500

45

r 87,341134,808

74335

186615247

92.8696.5552.77

82.187.3101.857.2119.7107.5

102,858163, 222

81,857135,832

135, 2393,285

131,954110,84921,105

53,85349, 3134,540

50,00647.6112,396

2.62

3.58

2.843.043.654.80

3.093.294.37

2.582.25

246, 27953,92522, 598

3500

16, 7678,1146,096

192, 35350, 943

01,000

41, 23682, 25216,923

672245

' 66, 668122,245

901112

910192626252

92.4896.5148.86

82.587.5

101. 758.2119.8107.6

135,784210,816

108,459176,998

165,1164,323

160,793139, 54721,246

53,64649,1084, 53849,61?47,3952,217

2.59

3.54

2.822.993.594.74

3.053.244.33

2.562.25

171,94789, 2876,094

02800

19,40063, 51382, 66078, 200

02,9601,500

00

522527

51, 095224, 706

921134

702239459251

87.8792.4738.38

79.485.399" 353.5115.3105.6

149,103219, 740

115, 226179,936

176,1058,250

167,855144,92422,931

53,41448,8794, 53546,93745,1971,740

3.00

3.65

2,933.083.654.94

3.203.304.46

2.812.38

111, 6169,3392,826

00

3,7852,000728

102, 2762,500

0427

94,0205,000329

36729

54, 94675,692

43270

653223376267

90.1494.9339.09

78.584.798.752.0114.6105.4

90,317134,597

74,484114,651

102, 6633,677

81,05817, 928

52.87948,3474,53247, 66645,8941,771

2.67

3.72

2.963.103.705.11

3.253.334.57

2.852.39

270, 61244,9893,772

00

11,01215, 20515,000

225, 62393,628

0829

117,4660

13, 700

823943

234, 340

49592

642213376261

90.9695.6540.64

81.286.3

100.257.1

120.4106. £

81,38$121,85/

65,53(102,22*

98,12(2,131

95, 98*82, 68(13, 301

53,43148,90c4,52*

48,60S46, 76i1,84(

2.5c

3.5-3

2.8*3.013.5,4.8(

3.1*3.2c

2.542.2*

r Revised.*New series. For data on domestic issues for productive uses beginning 1921, see table 34, p. 17, of the September 1940 Survey.



1940

August

1939


berDecem-

ber

1940

Janu-ary


FINANCE—Continued

SECURITY MARKETS—Continued

Stocks

Cash dividend payments and rates (Moody VI:Total annual payments at current rates (600

companies) mil. of doL.Number of shares, adjusted .millions -Dividend rate per share (weighted average)

(600 cos.) dollars,.Banks (21 cos.) doIndustrials (492 cos.) doInsurance (21 cos.) doPublic utilities (30 cos.) doRails (36 cos.) do

Dividend declarations (N. Y. Times):Total thous. of doL.

Industrials and miscellaneous doRailroads-. do

Prices:Average price of all listed shares (N. Y. S. E.)

Dec. 31,1924=100..Dow-Jones & Co., Inc. (65 stocks)

dol. per share-.Industrials (30 stocks) doPublic utilities (15 stocks) doRails (20 stocks) do

New York Times (50stocks). doIndustrials (25 stocks) doRailroads (25 stocks) do

Standard Statistics Co., Inc.:Combined index (420 stocks) 1926=100..

Industrials (350 stocks) doCapital goods (107 stocks) doConsumer's goods (194 stocks)-.-do

Public utilities (40 stocks) doRails (30 stocks) do

Other issues:Banks, N. Y. C. (19stocks) d o . —Fire and marine insurance (18 stocks)

1926=100..Sales (Securities and Exchange Commission):

Total on all registered exchanges:Market value thous. of dol. .Shares sold thousands -.

On New York Stock Exchange:Market value thous. of dol..Shares sold thousands -.

Exclusive of odd lot and stopped sales(N. Y. Times) thousands..

Shares listed, N. Y. S. E.:Market value, all listed shares mil. of doL.Number of shares listed millions-.

Yields:Common stocks (200), Moody's percent-.

Banks (15 stocks) doIndustrials (125 stocks) doInsurance (10 stocks) doPublic utilities (25 stocks) do.- . .Rails (25 stocks) do. .

Preferred stocks, Standard Statistics Co., Inc.:Industrials, high-grade (20 stocks) percent..

Stockholders (Common Stock)

American Tel. & Tel. Co., total number-Foreign do-- .

Pennsylvania Railroad Co., total d o . . .Foreign do._-

U. S. Steel Corporation, total do._-Foreign do _-Shares held by brokers percent of total.

,713.08936.43

1.833.011.792.541.961.36

365, 553347, 33118, 222

55.6

42.50125. 3222.2226.8392.21164.4819.94

77.589.1109.585.880.324.9

50.4

84.3

320, 91314,214

270, 47110, 420

7,616

40. 7061,454

5.64.75.64.85.75.6

5.10

, 422.99935.03

1.523.011.422.391.94.90

310, 284296,16814,116

57.9

46.47137. 8925.6827.6799.44178. 2120.68

86.3100.5121.596.987.025.4

54.0

88.2

769, 34631, 391

669, 43124, 554

17, 372

41,6531,430

4.54.64.24.35.54.1

4.92

, 423. 82935.03

1.523.011.422.391.95.90

193, 698191, 3642,334

65.9

50.47150. 7224.3631.97110.38195. 8624.91

92.4109.413S. 193.384.329.7

58.7

87.6

,205,47692,464

,969,58275,192

57, 081

47, 4401,431

3.93.93.64.15.42.8

5.14

639,0197,003

211,0142.807

168,1763,28626.00

, 442. 45935. 03

1.543.011.452.391.95.90

199, 969192, 9157,053

65.8

51.80152.1525.6434.27110. 33194. 8225.84

95.3112.7141.9101.686.032.9

59.9

90.7

1,184,65943,440

1,044,94835,029

23, 734

47, 3741,431

4.04.03.74.05.33.0

5.09

., 573. 05935. 03

1.683.011.612.391.951.25

659. 512603,14951, 362

63.2

51.01149. 9825.6833.38108. 59192. 2824.90

94.2110.9137.2102.087.331.6

58.7

91.9

844,16235,426

723, 49127,516

19, 220

45, 5051,432

4.54.24.43.95.34.6

4.98

L, 589. 37936. 43

1.703.011.632.531.951.25

330, 592311, 99618, 596

64.4

50.01148. 5425.0031.63109.01194. 2123.82

91.8107.9133.8100.686.729.6

58.3

94.0

767,15831,446

648, 94223,175

17, 769

46, 4681,435

4.54.24.34.15.34.5

4.95

636, 8346,787

209, 3462,752

164, 8223, 19128.03

., 597. 25936. 43

1.713.011.632.641.951.26

231, 651215, 58816,064

63.0

49.72147. 6025.4431.09107. 40191. 7823.03

92.7108.8132.7102.588.429.6

59.3

95.3

774, 47031, 710

652,91524,141

15, 991

45, 6371,441

4.64.14.44.35.34.8

4.90

Lf 618. 60936.43

1.733.011.672.641.951.26

338, 366323, 20115,165

63.6

49.44147. 2924.8730.83107. 83192. 6722.98

91.5107.3130.1102.287.628.7

59.3

96.4

583, 61926, 093

487,92919, 367

13,465

46, 0581,441

4.64.04.54.35.34.7

4.90

., 631. 30936.43

1.743.011.682.641.951.26

216, 350213, 8222,528

64.3

49.15147.1324.2630.45107. 66192. 7122.61

91.5107.5130.9102.787.128.9

59.2

94.5

632,09228,718

527, 77720, 568

16, 269

46, 6951,444

4.64.14.54.35.24.7

4.94

635, 2866,674

208, 705" 712

163, 9723,02028.31

., 643. 66936.43

1.763.011.702.641.961.27

180, 341176,6373,704

64.3

49.92148. 9125.0931.00109.17195.1323.22

92.9109.2132.8104.487.829.1

58.9

94.3

1,134,33951,103

37, 599

26, 696

46, 7691,446

4.64.14.54.35.34.8

4.92

, 680. 36936. 43

1.793.011.752.441.961.27

449, 981420, 27829, 703

50.2

43.48130. 7621.4526.5295.20170. 9519.46

83.097.3118.192.780.625.4

52.0

83.8

1,438,19969, 493

1,242,99954, 517

36, 5471,447

6.15.26.14.96.36.3

, 690. 37936.43

1.813.011.772.441.961.29

239,426223,37216,055

53.1

39.99119. 4620.1524.6689.17159. 6118.72

73.384.8104.180.075.122.7

44.8

78.7

560, 46325,451

487,11620,107

15, 573

38, 7761,450

5.74.85.94.55.75.7

5.26

632,3986,544

207,6792,746

165,1932,74527.57

936.43

1.813.011.772.541.961.29

194,824182,23212,592

54.6

41.64122. 2322.4226.4390.46161.4919.43

76.187.2105.984.280.124.4

51.4

84.0

320,86015,191

264,35210,828

7,307

39, 9921,454

5.64.75.74.55.75.5

5.11

FOREIGN TRADE

INDEXESExports:

Total: Value, unadjusted 1923-25=100.-Value, adjusted do

U. S. merchandise, unadjusted:Quantity doValue doUnit value .do

Imports:Total: Value, unadjusted do

Value, adjusted doImports for consumption, unadjusted:

Quantity 1923-25=100_.Value doUnit value do

Exports of agricultural products, quantity:Total:

Unadjusted 1910-14=100-.Adjusted do

Total, excluding cotton:Unadjusted.. . ._ doAdjusted do

92100

1359268

6871

1146759

2632

4748

6672

1086762

5457

1025655

5163

6970

7672

1177665

5659

1126356

8881

7166

8772

1318766

6765

1166556

11182

8372

7767

1167767

7373

1196757

7356

5752

9791

1409669

7677

1277358

9575

6358

9795

1389670

7574

1247359

118105

7170

91100

1309170

6262

995960

96104

7177

9392

1329370

6760

1066561

6768

6666

8590

1238569

6661

1056461

5261

5155

8691

1248569

6564

1066460

3947

4345

92104

1369268

6569

1096459

3444

4853

8395

1268467

7278

1156859

3447

5257



1940

August

1939


berDecem-

ber

1940

Janu-ary


FOREIGN TRADE—Continued

VALUEExports, total, incl. reexports thous. of dol_.

By grand divisions and countries:Africa .-doAsia and Oceania _do..

Japan -doEurope do

France doGermany doItaly do....United Kingdom _..do

North America, northern doCanada do

North America, southern doMexico do

South America doArgentina _ doBrazil do....Chile do....

U. S. merchandise, by economic classes:Total thous. of dol.

Crude materials do...Cotton unmanufactured do-..Foodstuffs, total . do...

Crude foodstuffs.. do...Mfd. foodstuffs and beverages do.._Fruits and preparations doMeats and fats do.-.Wheat and flour do-_.

Semimanufactures do-_.Finished manufactures do

Autos and parts do..-Gasoline doMachinery do...

General imports, by grand divisions and coun-tries:

Total thous. of dol.Africa do...Asia and Oceania do_._

Japan.. __doEurope do...

France do...Germany __do.._Italy doUnited Kinedom ..do

North America, northern doCanada do

North America, southern doMexico do

South America doArgentina doBrazil doChile do—

Imports for consumption, by economic classes:Total thous. of dol-.

Crude materials __ _ _.doCrude foodstuffs doMfd. foodstuffs and beverages doSemimanufactures doFinished manufactures do

349,928

12,61559,73525, 188

143, 75489

\ )6125,309

71,80070,70727,888

7,19834,13710,1707,5223,543

341,92424,1613,640

19,1705,819

13,3512.3861,7102. 237

96,863201, 730

15, 6454,365

56,813

220, 21711,90190, 79513, 27726, 566

655186158

13, 28041,02939,46719,5716,330

30, 3555,1708,3966,372

214,10688,49521,51520, 58850,34233,166

250,839

8,37643. 36012,126

113,95422, 2696,8683,027

47,43443,16242, 33220,120

4,60621,8674,6755,1351,818

248,14836,49911, 86924, 3298,384

15,9457,1994, 0365, 465

53, 504133, 81714,8938,746

43, 611

175, 7565,702

54, 33913,17148,150

5,7083,7972,080

10.99026.68125,97018,4903,534

22,3944,7878,2811,691

180,37960,96220, 77827, 60535, 65135,383

288, 573

8,95950,63219, 347

121,30112,132

6074,834

60, 33953,16552, 15629,116

5,78125, 4014,9425,9972,020

284,04166. 84735,66128, 7867,477

21, 3099.0144,4344.270

58,993129,415

12. 4579,728

40,143

181,4613,341

60,51119, 52041,516

3,8511,8152,401

10.P6734,23333,12519, 6553.460

22, 2063,8038,3511,813

199,48367,60619, 46538,41238, 27535, 725

332,079

10, 38562, 78023. 367

127, 69012, 555

396, 301

52,92462. 84761. 71533,1028,579

32,9606,9898,6092,667

323,16878, 44947, 25437, 76010,21327, 54713,777

4. 8763.604

64, 537142, 422

18,9009,256

42, 316

215, 2815, 229

64,19720,43853,8532,9941, 5575,123

14, 60540, 42639,82722, 0294,379

29, 5485,055

11,3903,728

207.14070, 50024. 89827, 72245,41638,604

292, 582

8,99758. 57725, 243

104, 39913, 239

o6,029

31,48552, 11351, 26229.510

8,70038,9869,887

10, 6083,625

286,89158, 31830, 56322, 656

5, 38617, 2705,7384,0573.078

63. 200142,716

19, 8707,524

38, 637

235, 4029,033

77, 69518,98560, 344

6.3132.6564,965

13, 57736,10934,83315.1665,352

37,0536,689

12, 3956,629

214,45475, 38627, 88121, 77748, 61440, 795

367,819

11,34278,12027, 556

157,34036, 645

•t

8,62350,39544,47743, 87832,3119,926

44,22710, 79110, 4833,908

357, 45064.26443,74124, 342

7,78416, 5584,0995,1331,978

75,661193, 183

24. 8269,638

48,100

246,9039,955

91,fO518,91557, 333

5,3033,3833, 895

15.71933.21532,01217,1115,912

38, 2858,363

10,2157,879

232, 73886, 77025, 66529.78655. 61934,898

368, 584

11,27676, 06128, 247

172,64038. 508

(a)8,300

67,14342, 2^241,64727, 758

8, 04638. 56610, 1579,2163,259

359,09882.19359,88427, 7057.257

20, 4484.3167,1*42, 259

75, 362173. 83823, 736

6,41244,173

241, 8978,030

100,10722, 19652,024

7,3131,5912.563

14,19130,16428. 87720,002

5.95831, 5709,6637,8712,480

234, 63495,71424, 79323.31653, 73237,079

346, 779

10, 78961, 52015, 193

165, 74139, 277

49,598

58,53443, 67143,13128, 065

7,52236, 993

9,14710,1163,418

338,63961,11344, 28331,222

8, 75222, 4705,5546,8893,340

71,355174,95023,835

5, 53445, 235

199, 77510.48165, 789

7,99838,0394,786

9242, 6138, 945

26,96326, 27923, 2706,733

35, 23410, 8198,0674,593

189,82470,42023, 83823.13842, 86029, 567

352, 272

11,72759,29917, 800

160,05042,034

4410,08351, 89049, 70048.85529,167

8,39442, 32810, 82110, 3684,354

344, 55946, 75226,58325, 8818,026

17, 8554,0873,2405,752

73, 508198,41829, 3265,387

59, 726

216, 73211,32276,0419,335

41,1605,170

3923,968

14.97326, 40126.08926. 9576,402

34,85010,4668,1224,134

206,71977.88025, 63622,81246, 59633,794

324,008

13, 94453, 22015. 271

140,24045, 990

359,240

53, 33955,13654, 37325, 249

6, 62436, 219

8, 32610,3603,066

316, 52040, 88621.0S622,0586,314

15, 7443,9272,7623,381

65, 810187, 76619,4935,364

62,864

212, 2407,958

77. 8838, 760

40, 8834,220

3574,953

12, 74«30, 47529, 77825, 9936.652

29.0485,0847,0797,012

202. 97478,12525.05224, 53942,44732,810

325, 306

12. 54557,89813,721

124, 52739, 350

7013, 23449.82262, 73861,87727, 265

7,47240, 33210, 77010, 3843,694

318,05140. 27713, 52614,9654,005

10, T601,6082,0561,993

74, 4£0188,31921,337

6,11058,422

211,3828,052

70,0579,283

38,2155, 351

2314,2^0

12.11536.91736.18025. 7976.889

32, 3445,0679,2826,143

203, 70270.86626,09527, 21543. 33736,189

350,458

12,32553, 75515,421

144,81347, 237

01,603

77,86867,67966, 79626,9246,536

44,96114,75910,6414,244

344,44433,5898,295

17,7586,480

11,2782,2091,7641,536

76,310216,787

17,6616 332

54,496

211,3909, 209

72,7208,972

35,8763,222

2514,053

15,42637,80237,16428,49110,33027, 2924,7437,5793,590

205,39770,51123,64231, 27545,14634, 823

317,015

12, 24359,14615,364

122, 837206

(a)16

108, 36864,48663,49424,163

7,11034,13910,6507,2053,110

312,33731,987

7,86120,407

7,70612, 701

1,5383,151

. 2, 59375, 545

184,39813,9643,966

48,292

232, 25814,84986,64513,36232,303

1,751201802

20,29939,85237,97624, £856,986

34,0245,1759,0048,583

217,82885,23124,92422, 56745, 41439, 691

TRANSPORTATION AND COMMUNICATIONS

TRANSPORTATIONExpress Operations

Operating revenue thous. of dol.Operating income _ do

Local Transit LinesFares, average, cash ratef- cents.-Passengers carriedt thousands..Operating revenues thous. of doL.

Class I Steam Railways

Freight-carloadings (Federal Reserve):Combined index, unadjusted...1923-25 = 100.-

Coal doCoke doForest products .doGrains and grain products doLivestock doMerchandise, 1. c. 1 .doOre doMiscellaneous do

Combined index, adjusted doCoal doCoke .-.doForest products ..doGrains and grain products -doLivestock doMerchandise, 1. c. 1 doOre . ..- ._doMiscellaneous. do

7. 8253726, 760

78758851893861178837685108497438619682

9,10563

7. 8585718,85252, 699

574490376212575707869427537626774

62

7.8585740,88754, 561

85897849995765149927785824588456385

9,56074

7.8585810,73159,309

899695528762651609780879550874462108

9,52576

7.8585784,59057,174

83871005083506410591828010051884163191

11,00774

7. 8336825,90360,649

737910144753960298178719251874062116

9,16780

7. 8336811,78758,950

729510641663858257478839047733962

11486

9,28176

7. 8336767, 688

56, 545

6880884369335926717368654475406110783

9,58684

7.8253823,167

59,974

67707344693160267469667043753960

10577

9,58875

7. 8253798,945

57,872

67636244703460427670757343793759

10274

9,83761

7.8253813,615

59,139

71677047663460

13480727873457438609677

9,52871

7. 8253755,312

55,935

75698548733160

1708575819145743860

10082

9,41577

7. 8253724, 709

53, 574

7770

1103160

182827583

1054680356196

• Less than $500.t Revised series. Data on fares revised beginning August 1936; see p. 45 of the July 1940 Survey.

been marked with a "t") on p. 37 of the April 1940 Survey.Passengers carried revised beginning 1938, see note "q" (note should have

38 SUEVEY OF CUREENT BUSINESS October 1940


1940

August

1939


berDecem-

ber

1940

Janu-ary


TRANSPORTATION AND COMMUNICATIONS—Continued

TRANSPORTATION—ContinuedClass 1 Steam Railways—Continued

Freight-carloadings (A. A. R.):1Total cars thousands..

CoaL doCoke doForest products doGrains and grain products doLivestock doMerchandise, 1. c. 1 doOre doMiscellaneous do

Freight-car surplus, total.- doBox cars-.. doCoal cars do

Financial operations:Operating revenues, total thous. of dol..

Freight doPassenger do

Operating expenses doTaxes, joint facility and equip. rents*_.doNet railway operating income doNet income doOperating results:

Freight carried 1 mile mil. of tons..Revenue per ton-mile cents..Passengers carried 1 mile millions._

Financial operations, adjusted:*Operating revenues, total.-. mil. of dol..

Freight _ --doPassenger do

Railway expenses doNet railway operating income doNet income do

Waterway TrafficCanals:

Cape Cod thous. of short tons.New York State do. . .Panama, total thous. of long tons.

In U. S. vessels do. . .St. Lawrence. ..thous. of short tons.Sault St. Marie. . .do . . .Welland do. . .

Rivers:Allegheny do._.Mississippi (Government barges only).do...Monongahela . .do . . .Ohio (Pittsburgh district) _ . - .do. . -

Clearances, vessels in foreign trade:Total U. S. ports thous. of net tons.

Foreign... . . . do . . .United States do. . .

TravelOperations on scheduled airlines:

Miles flown thous. of miles..Express carried __. pounds..Passengers carried number..Passenger-miles flown thous. of miles..

Hotels:Average sale per occupied room dollars..Rooms occupied percent of total...Restaurant sales index _ 1929=100..

Foreign travel:U. S. citizens, arrivals number..U. S. citizens, departures. . . .doEmigrants _ doImmigrants. doPassports issued do

National Parks:Visitors... _ doAutomobiles do

Pullman Co.:Revenue passenger-miles .thousands. _Passenger revenues thous. of dol._

COMMUNICATIONSTelephone carriers:

Operating revenues thous. of dol__Station revenues doTolls, message do

Operating expenses._ doNet operating income doPhones in service, end of month..thousands.

Telegraph and cable carriers :fOperating revenues, totalf thous. of dol.

Telegraph carriers, total do —Western Union Telegraph Co., revenues

from cable operations thous. of doL.Cable carriers d o —

Operating expenses f - doOperating income t d o —Net income t d o —

Radiotelegraph carriers, operating revenuesthous. of dol..

3,7186575418620862

755347

1,44910451

381, 427310, 64540, 974

267, 50547,90766, 015

2,4181,2021,008

13, 7131,820

501217

2,6791,412

v 6, 331r> 4, 307v 2, 024

64100

2,435

3,388••587

' 3 5' 1 5 9'210

' 6 2r 772'244'317

1317034

3,844740

45171219

90780211

1,523703316

344,400276, 708' 39, 820247, 622'42,211' 54, 56710,053

31,389.9622,283

327.1263.835.5281.745.42.7

414687

2,385971

1,28410, 5521,713

234228

1,9491,411

7,2805,5511,729

7,639933,965194,41875,145

3.396193

44,50138, 5732,9507,0067,444

875,682238,296

764,7064,855

101,79365,06027,94268,65019,26818,160

10,6909,887

542802

9,386621

893

381,118314,40037, 146

251, 16743, 51686, 43541, 078

36,115.941.2,097

360.9296.935.5290.570.526.2

434615

2,4461,0341,216

11, 4931,564

279150

2,0771,355

6,3064,5371,769

7,442981,462192. 54475,800

3.356489

40,29526, 6562,3015,5181,843

433,014131,631

736,3254,679

103,84365,69629. 36167,21022,38618,263

12,49511,079

9001,4179,6752,0721,311

1,622

3,3756764615216584640253

1, 358683415

419, 717355, 10433. 367

271, 53846, 563101,61656, 521

40, 066.9511,866

377.6313.834.8306.671.027.1

513717

2,3861,0371,21512,3531,748

320181

2, 4571,443

5,9744,2851,689

7,626948,501194,21677,468

3.396793

19,70010,0331,9965,4921,759

247,14974,366

696,1864,467

105, 52068.45328, 31869,15722,24018, 357

11,0879,995

6841,0929,3081,094230

1,263

3,0406014714214867616182

1,2361084735

368, 027310, 43429, 289

256, 17041, 51170, 34633,004

35, 131.9531,591

369.1307.432.6303.665.523.8

485709

2,4731,0311,07310,4381,535

303192

2,4941,427

6,0714,1961,875

7,408844.413171. 55767,031

3.4461

10,1297,9841.6075,8611,641

83,96627,081

562,0473,704

103, 40368. 39426.26570,05219,40618,447

10, 3139,324

610989

9,210424

«*432

1,152

3,262671591551716371655

1,3711605869

345, 247276, 27237,816249.01335, 28160, 95336,622

31, 460.9612,020

359.8296.634.7295.464.421.3

6610

2,4611,047

33953404

214128

2,6581,443

4,5363,2151,321

7,7331,038,278175, 26371, 530

3.295490

11,5657,0991,7147,6731,663

63, 48619, 740

675,2844,367

105,12569,02627.18870, 56820,11918, 537

11, 92510,822

6581,10310,0081,212331

1,258

2,5556435011511750554389891265936

345, 498283, 10736, 079257,34142, 59145, 5672,927

32, 502.9521,932

357.6294.134.8301.356.315.3

02,3381,066

000

6083

1,281315

4.3563,0341,322

7,271817.633150,10261, 355

3.216692

13,36715, 7851, 5303,8762,527

68, 77419,470

795,0955,254

106,14470,02327,32270,32920,97318, 710

10,4459,451

599994

9,408332

<*460

1,109

2,4875714312112343571399741786975

313, 475257.63031,945240,51940, 33832. 618

d 10, 761

29, 655.9471,709

339.2278.333.9290.348.98.4

4340

2,1241,022

000

12579

1,615836

4,2503,0141,237

6,673697,385139,81658,937

3.256691

21,04914,1251,2487,0251,870

77,12221,189

671,7694,558

102,99968.67425,51267,86820,36518,802

10,0209,094

566926

8,892443

1,028

3,123624451601635374151

1,284188'7085

327, 009266, 72133, 262

248. 59441,68136, 734<* 4,955

31,116.9441,803

328.7265.935.6289.938.8

6310

2,2791,073

000

207158

2,2881,135

4,5973,1981,399

7,930894,581195,06280,686

3.186589

22,82225,1131,4596,3732,070

117,43032,967

735,3164,871

106,09469, 71627,57369.67521,17218,896

10,8689,932

591936

9,554626123

1,072

2,494444301291314559559

1,06216367

321, 439265, 24629, 956

245, 81841.79933, 822<* 9, 261

29,903.9641,691

328.3269.932.4

289.039.3

5720

2,0811,042268

1,278449

302164

1,9841,208

4,7593,0781,680

8,332871, 317224,85288,062

3.4066104

16,06716,4101,1926,9232,109

124,86438,580

635,8024,170

107,15570,46927,85969, 84222,13518,992

10,6619,687

594973

9,321641145

1,116

2,7134703313412647597195

1, 1121546956

343, 362284.63429. 742

252, 80343, 48347, 0773,843

33,086.9271,699

341.8281.432.5290.451.39.5

(0665

2,3191,3581,057

12, 2502,051475246

2,6031,560

5,8453,7512,094

9,267941,810258,451100,044

3.1066108

12,90511,9481,3106,1862,604

259,36877,869

570,8364,749

108,60371.00728,69371, 95021, 39119,089

11, 58610, 565

6611,0229,8161,035397

1,239

3,5356005017116452725323

1,4461265443

344.8132S0,6ftO35. 936

252. 4f)244, 93247,4197,050

32. 908.9302,050

359.8297.234.8

299 560-218.4

0)647

1,789898

1,05513,4551,913469204

2,6871,552

'6,335'4,2<0' 2,105

9,549981,884286, 272110,840

3.276295

16.6038,688993

4,125

539,769166,667

685,4274,277

106, 06369,74127,42468,99518,40419,108

11,11610,198

9189,621759466

1,177

2,8264744112720341570275

1,0951335747

366.078300,65837. 732262.01946. 97557,08416, 042

33, 713.9632,244

356.3293.833.8302.753.6

2.2851,0751,12313,8421,832

399'1982,6811,474

p 6, 340p 4, 241p 2, 099

10,1211,056,999296, 539112,377

3.1960

17,25412,3541,1894,2982,848

927,757257,109

702,1864,263

106, 59368,97228, 63671,85019, 20419,137

10.7739,906

543867

9,873204

<*293

1,149

' Revised. d Deficit. * Preliminary. l Data temporarily discontinued by reporting source.IData for August and December 1939, March, June, and August, 1940 are for 5 weeks; other months, 4 weeks.•New series. Adjusted data on financial operations of railways beginning 1921 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 railwayexpensesasgiveninthe adjusted figures of financial operations; earlier data may be obtainedby deducting operating expenses and net railway operating income from operating revenues.

fRevised to exclude data for radiotelegraph carriers for which comparable data on expenses and income are not available owing to changes in accounting system; revisedfigures beginning 1934 will appear in a subsequent issue.



1940

August

1939


berDecem-

ber

1940

Janu-ary


CHEMICALS AND ALLIED PRODUCTS

CHEMICALSAlcohol, denatured:

Consumption thous. of wine gal-Production do._-Stocks, end of month do-__

Alcohol, ethyl:Production thous. of proof gal-Stocks, warehoused, end of month doWithdrawn for denaturing doWithdrawn, tax paid— do-.-

Methanol:Exports, refined gallons -Price, refined, wholesale (N". Y.).dol. per gaL.Production:

Crude fwood distilled) ..thous. of gaL.Synthetic do..-.

Explosives, shipments thous. of lb_.Sulphur production (quarterly):

Louisiana long tons..Texas do

Sulphuric acid (fertilizer manufacturers):Consumed in production of fertilizer

short tons..Price, wholesale, 66°, at works

dol. per short ton-.Production short tons..Purchases:

From fertilizer manufacturers doFrom others do

Shipments:To fertilizer manufacturers doTo others do....

Stocks, end of month do

FERTILIZERSConsumption, Southern States

thous. of short tons.Exports, total long tons..

Nitrogenous. doPhosphate materials _ doPrepared fertilizers ..do

Imports, total _ _ doNitrogenous, total. do

Nitrate of soda ..doPhosphates _ ___ doPotash. do

Price, wholesalo, nitrate of soda, 95 percent(N. Y.) dol. perewt..

Potash deliveries short tons..Superphosphate (bulk):

Production-. _ doShipments to consumers _..doStocks, end of month do

NAVAL STORESRosin, gum:

Price, wholesale "H" (Savannah), bulkfdol. per 1001b..

Receipts, net, 3 ports bbl. (500 lb.)_Stocks, 3 ports, end of month do

TurpentiDe, gum, spirits of:Price, wholesale (Savannah) dol. per gal-Receipts, net, 3 ports bbl. (50 gal.'Stocks, 3 ports, end of month do ._

OILS, FATS, AND BYPRODUCTSAnimal Fats and Byproducts and Fish

Oils (Quarterly)Animal fats:

Consumption, factory thous. of lb_.Production doStocks, end of quarter ..do

Consumption, factory __do.Production .do.Stocks, end of quarter do-

Shortenings and compounds:Production do.Stocks, end of quarter _-.do.

Fish oils:Consumption, factory doProduction doStocks, end of quarter do.

Vegetable Oils and ProductsVegetable oils, total:

Consumption, crude, factory (quarterly)mil. oflb

Exports thous. oflb..Imports, total do_

Paint oils. do.All other vegetable oils do

Production (quarterly)— mil. oflbStocks, end of quarter:

Crude do..Refined do,.

11,19511,5102,919

24.09423, 64520,9181,424

.34

35,036

16.50

61178, 47430, 321128,907

88189, 89175, 54252, 7033,1368,829

1.450

1.6948, 389524, 212

.3411, 49655, 809

11, 69574, 85410,83964,015

9,2029,1902,007

18, 53932,91916,0501,780

28,373.36

3602, 079

32, 700

115,119

16.50161, 791

19, 25215. 568

45,39643. 84672,536

43141,17126,618106,607

34976,00245, 7959,481408

29,087

1.45038,956

279,10728,277

963, 431

2.1757,640

.2413, 754

102, 285

3,86586,41310, 29276,121

12,84812,6251,776

18,10425.91322, 3152,187

28,337.36

4052,640

35, 933

106, 795372,655

134, 287

16. 5G153,897

30,04033, 590

37, 57444,08974,113

148123, 79227,15776,904

69788.27671,44710, 445

39215,877

1.45054,762

305, 538109. 2231,012,067

2.3660, 289679,127

.2616,369

101, 111

249,278480,251•318,616

' 54,123' 93,624r 52,833

405, 33136,539

' 67,981'81,556221,392

7,90851,62011, 27740,343

583

'521

15.45315, 1811,496

20, 96517,97426,0332, 248

263, 588.30

4fi34,158

40, 612

175,338

16. 50203,024

31. 77440,019

42,83557, 41075,377

190112,69918,97478,4181,921

110,04691,43142, 2042,54914,571

1.45072,622

406,80967.143

1,122,492

2.3454, 574

630, 926

.2714, 60593, 317

24, 74564,59312,40252,191

13,06813, 0601, 479

21, 78714, 16822,9442,282

123,995.36

4804,612

35,477

176, 860

16.50208,461

37, 56232, 784

44,97958, 31874,027

10879, 2707,53855,009

486109.670101,33566, 4072,7994,214

1.45070,952

417,41019, 225

1,228,028

2.3043, 736

643, 443

.2610, 945

16,02281,674

74, 731

11,43411,1581,173

22,08014.61419, 5241, 729

368. 246.36

4344.184

30, 580

126,650530,047

172,332

16.50219,838

32,88536,889

47,62359,87083,814

18770,90518,62943, 474

489126,952100.51059, 518

70518,161

1.45062, 635

405,19924, 368

1,233,297

2.2551, 032

642, 234

.2710,20294, 677

256,378629,499417,673r 61,061107,304••60,375

330,81656,621

'80,026129,743245,150

1,01917, 43680, 97516, 73364, 242'1 ,069

••784'654

10,14710. 3981,417

20,65615, 27918. 3861,504

369, 290.36

4573, 45334,690

182,160

16.50235,023

26,69926,826

39,63658,33592,040

37956,60227,16427,099

278146,012103,28156,627

69341, 798

1.45054,944

430, 82030,335

1,256,690

2.3111,630

605,046

.301,487

76,664

10,49980, 71120, 52760,183

8,5058, 4(>01,366

20. 38118.77311.6971,640

228.357.36

4473, 782

31,035

158, 592

16.50212, 719

19. 72423,685

40,30055, 65093,132

67553, 39828,90219, 717

800140, 54473,79226, 506

40665,486

1.45010,106

358, 75852, 741

1,250,521

2.356.764

570, 403

.33611

66, 532

12,09166, 5797,58058,999

9,5241,392

20,98320. 67716,7302,012

326,149.36

5073. 46330,189

121, 820546, 558

149,303

16.50196, 290

19,38323,416

34,68555.00293,231

1,53660,33214,84743,311

722178, 782135,83980,039

47640,094

1.4505,412

351,009158, 7171,115,331

2.387,710

544, 281

.371,202

58,369

229,509688,427560,537

85, 454112,203110,851

273,11957,250

' 63,12934,015203,521

91415,05767,0119,10757,904

910

861754

9,7939,9911,591

20, 21820,95717,6112,035

35, 725.34

4423.486

32, 204

140, 272

16.50192,816

11,99127,618

32, 53358,06194,820

9,17866,0511,388

64,663

10,03710, 0371,586

20, 95321.92117, 7521, 782

21,932.34

4373, 409

34, 475

143, 742

16.50191,643

15, 69227, 330

37, 37159,09089,282

1,12565, 79820,05343,167

748144,702118,51589,679

60019, 553

1.4503, 511

338, 482221,376834,900

2.1326, 679

522,133

.356,584

51,215

329108, 207

20, 48580.484

r544146,79797.02079. 299

1,22830,197

1. 4504,711

339, 736133. 372906,650

1.9637, 792

516, 741

.349,429

50, 704

8,80471,14911, 94459, 205

9, 6259,7061,662

21, 42321, 79917, 4903.380

53, 341.34

4263,426

32, 877

149,995525, 157

137, 321

16.50176, 846

18,01336,029

34, 53457, 34490,971

12290,06115, 37966,619

37299,00283, 70762, 5983,38610,349

1.45023,363

327,16961,120

945, 712

1.7643,411529,416

.3211, 30253, 345

231, 581610,030633, 821

89,978109,979122, 330

287,99852, 880

47,4025,843

166, 507

7568,648

78, 21415, 79162, 424

558

713684

9,49710,4432,605

22,45722, 39319, 6212,020

74, 295

33, 340

16.50

72122,83721,02186,672

630117,250109, 61882, 342

97,441

1.45035,817

1.4246,132519, 556

.3312,34054,488

10, 24596,62919, 53377,096

f Revised,f Re vised series,

of the Survey.Data prior to July 1940 on prices of gum rosin converted from price per barrel of 280 pounds gross (conversion factor 2.324) published in previous issues

40 SUEVEY OF CURRENT BUSINESS October 1940


1940

August

1939


berDecem-

ber

1940

Jauu-ary


CHEMICALS AND ALLIED PRODUCTS—Continued

OILS, FATS, AND BYPRODUCTS—Con.

Vegetable Oils and Products—Con.

Copra:Consumption, factory (quarterly).short tons..Imports.. . . . do-_Stocks, end of quarter do..

Coconut or copra oil:Consumption, factory:

Cru'ie (quarterly) thous. of 1bRefined (quarterly) do..

In oleomargarine do..Imports.. do.-Production (quarterly):

Crude do...Refined do..

Stocks. end of quarter:Crude _. do..Refined do...

Cottonseed:Consumption (crush)...thous. of short tons..Receipts at mills.. doStocks at mills, end of month do.

Cottonseed cake and meal:Exports short tons..Produetion doStocks at mills, end of month do

Cottonseed oil, crude:Production.... . thous. of lb_.Stocks, end of month do._-

Cottonseed oil, refined:Consumption, factory (quarterly) do...

In oleomargarine do ..Price, wholesale, summer, yellow, prime

(N. Y.) .dol. per 1bProduction thous. of lb..Stocks, end of month do

Flaxseed:Imports. thous. of bu._Minneapolis:

Receipts .do.Shipinents do.Stocks .do.

Duluth:Receipts doShipments , do._Stocks __do-_

Oil mills (quarterly):Consumption . _.do..Stocks. end of quarter do .

Price, wholesale. No 1 (Mpls.) dol. per buProduction (crop est.) thous. of bu _

Linseed cake and meal:Exports.. . doShipments from Minneapolis do

Linsred oil:Consumption, factory (quarterly) doPrice, wholesale (N. Y.). _ ..dol. per lbProduction (quarterly) thous. of lb-.Shipments from Minneapolis .doStocks at factory, end of quarter do

Oleomargarine:Consumption (tax-paid withdrawals)...doPrice, wholesale, standard, uncolored (Chi-

cacro) dol. per lb..Production thous. of lb.

Vegetable shortenings:Price, wholesale, tierces (Chi.)---dol. per lb..

PAINT SALES

Calcimines, plastic and cold-water paints:Calcimines thous. of dol..Plastic pnints doCold-water paints:

In dry form doIn pqste form do

Paint, varnish, lacquer, and fillers:Total do

Classified, total doIndustrial doTrndo do

Unclassified _ ..do

CELLULOSE PLASTIC PRODUCTS

Nitro-cellulose, sheets, rods, and tubes:Consumption thous. of l b . .Production doShipmentsc? d o . . .

Cellulose-acetate sheets, rods, and tubes:Consumption thous. of l b . .Production doShipmentsd" do

Moulding oomposition:Production doShipments^ do

20, 578

1.18026, 286

7712586

14036, 30357, 539

23,15824, 267

8,275

.05634, 262

412, 564

7,3071,180

1, 566244

1,333

1.501 30,662

1,02122, 760

.087

" 14," 550

22, 498

.118

168890970

7773784

1,4231,342

3,773

1,76332, 898

' 197, 49111,443

'155' 2 3 3'198

67570.22*98,440

46, 50362,521

.055' 54, 295501,849

1,511

8,100389

2,659

801144659

1.54

50,16316, 400

8,100

21, 206

.13521,608

25546

154287

33,08723,4139.309

14,1049,674

3261,0691,065

71,041

815

1,034

• 49.2397,533

• 13, 808

'141,91952, 360

3, 11310,988

61, 94969. 627

5241,141

813

1.318232, 352124, 374

162. 480110,701

356, 2949,034

.07193,924

411,791

452

2,709648

5,456

2,0321, 1701,521

6,814' 6, 384

1.75

40, 60023, 280

' 88, 309.099

134, 32614. 700

112, 629

27,918

.12428,105

27949

36, 96025, 51510, 42015,09511, 445

3281,1641,156

7706677

1,3121,153

17, 222

2,16717, 774

7121, 1651,266

2,335320.927197,618

220, 362156,874

.068163,315433, 637

875

679367

5,154

9481,3601,109

14, 52919, 720

.102

"is," 666

23,676

.12323, 785

.104

23340

179270

34, 54024, 99510, 97614, 0209,544

3111, 3151,232

14713684

1,4101,333

31, 790

2,15434, 744

643664

1,287

1,403288.050206, 931

201, 656184,062

9,701

.065163,052490, 215

682

318428

4,059

541566

1,084

1.84

30,91421, 480

10,680

27, 719

.12827, 886

.099

21334

153206

29,39621, 77210, 23411.5387,624

3461,3611,244

10725793

1,1991,119

• 55, 24028, 658

• 35, 081

150. 528'58,424

1,97226, 686

69, 47873. 725

' 178, 38311,881

509384

1,162

343228, 458219,794

159, 870181, 235

'318.4558,779

.069157,221553,176

623

269104

3,616

1451,178

51

8,7364,2.07

2 20, 330

52. 76521, 320

' 88, 287.102

166,1508,820

142,457

25, 737

.12025, 587

.099

32

159277

25,93419, 3339,4099,9246,602

2711,0891,199

14987

1,030

1,1831,135

48,863

2, 05134, 899

521155796

216235, 367216, 565

166.038200,881

22, 449

1,84126, 240

425150522

141194.046200,173

139,443201, 233

10, 077

.069140, 379586, 632

1,058

153130

2,720

263542

2.18

18,45321, 440

.107

10, 380

29,409

.12029,354

.100

20534

140252

27,66520, 4569,991

10, 4657,210

2711, 2391,081

857751

1,1771,024

10, 200

.069126, 190627, 482

1,763

139119

2,151

21231

2.14

50,06814, 200

.102

10, 800

28, 474

.12029,477

.100

18642

133264

25, 53618, 8(168.9209,8876,729

1861,016

918

7637655

972878

78, 83435. 63345, 756

149, 76155, 9862, 464

34, 266

98, 51970, 920

196,94013, 407

29287

316

112137,666175, 769

97, 704186,124

278,0349,021

.067113,700643,947

1,972

12788

1,751

21

32

7,8923,356

2.08

35, 68814, 960

85, 526.106

150, 19712. 960

172,800

26,828

.12026, 641

.099

21554

186320

30, 37022, 61010, 08012, 5317,759

2121,090

925

12550589

1,1041,022

18, 932

3.08434,977

17530

172

11683,024

157, 768

61,482147,607

8,188

.06895, 737

636,515

1,199

176132

1,237

560

2.11

66, 23715, 280

.108

13,020

27,580

.12027,408

27254

234

36, 20626, 55210,97215, 5809,654

174852848

18558490

951904

27, 606

2,52718,150

1022897

5248,196

129, 637

37, 34398, 605

8,468

.06481,079

600, 111

1,434

209172701

17018078

1.97

21. 53813, 760

.105

14,000

24,123

.12024, 676

30256

242413

41, 72229, 74411,05118, 69311, 978

171800926

10702

893837

70, 21717, 45446,933

146,15658, 492

1,57526, 729

87, 78169, 451

202, 23915,083

552364

3126, 310

110, 506

19, 52065,393

316,1967,392

.06052. 826

554, 275

521

161123519

530

130

6,6373,148

1.78

1,92610,440

98,977.099

128, 38314,450

132, 881

19, 495

.12019,852

.095

24743

207316

36, 27125, 8289,776

16, 05210,443

212770850

634562

871682

19,137

' Revised. l September 1 estimate ' December 1 estimate.^Includes consumption in reporting company plants.§ Excludes consumption in reporting company plants.

1,26136,659

117, 81381,858

13, 48637, 514

8,526

.06044. 337

495,120

661

4238

63183

10

1.58

5618, 560

.092

"I4,"35O

22,066

.12022,021

.095

19347

199251

34,05624. 2789,895

14,3839,779

168899955

565408

897777


Monthly statistics through December 1939. to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey

1940

August

1939


berDecem-

ber

1940

Janu-ary


CHEMICALS AND ALLIED PRODUCTS—Continued

ROOFING

Asphalt prepared roofing, shipments:Total thous. of squares.

Grit roll do . .Shingles (all types) d o . . .Smooth roll do . . .

3.9231.1151. 1761,632

3,8671,1251,2891,453

4.6111.2911, 5201,800

2,486632810

1,044

1,546408447

1,137314285538

2,105488625992

2,068490670908

2,286588921776

2,924761

1, 184980

2,707734

1,076897

2,982827

1,166989

ELECTRIC POWER AND GAS

ELECTRIC POWER

Production, total mil. of kw.-hr...By source:

Fuel d o . . . .Water power. do

By type of producer:Privately and municipally owned electric

utilities . mil. of kw.-hr..Other producers do ..

Sales to ultimate customers, totalf (EdisonKlectric Institute) mil. of kw.-hr .

Residential or domestic do . . .Rural (distinct rural rates) doCommercial and industrial:

Small lighi and powt»r... doLnr^e 1 ght an<! power do

Street and highway lighting do . . .Other public authorities do ->.Railways and railroads do . . .Interdepartmental . do . . .

Revenues from sales to ultimate customers!(Edison Electric Institute)...thous. of dol

GASfManufactured gas:

Customers, total thousands..Domestic doHouse heating doIndustrial and commercial do . . .

Sales to consumers, total mil. of cu. ft..Domestic do . . .House heating do . . .Industrial and commercial. do

Revenue from sales to consumers, totalthous. of dol..

Domestic doHouse heating doIndustrial and commercial do

Natur.il gas:Customers, total thousands..

Domestic . __ doIndustrial and commercial do . . .

Sale* to consumers, total mil. of cu. ft..Domestic doIndl., com!., and elec. generation do

Revenues from sales to consumers, totalthous. of dol..

Domestic do . . .Ind'l., com'l., and elec. generation do

12,443

8,4713,972

11.2391,201

11,234

7,7063,528

10,332903

10,0109.330

206463

24. 52014. 760

7548.891

26. 44720.055

6645,638

7,202

50189,67415, 19272,990

26,09212.36913, 508

11,120

8,0023,118

10,213907

10,0759,383

222463

26,47016.435

8749,037

28.45821. 720

8375,818

7,2436,738

50393,71215, 64976,688

26,66412,35914,105

11,861

8 7233J38

10,895966

10.0849,377

245452

29.46617. 152

9.764

30.63822. 467

1,8496, 215

7,3096.777

530103.626

19. 62382,593

30.85514,86715. 784

11, 661

8.4563,205

10.6611,000

10.0729,358

257449

32. 52515.3416,951

10.050

32,05621.4983,8636,574

7,4366,861573

118,25030,99785 655

38.77121,07217,457

12,077

8.8913,187

11.0741,003

10,1109.384266450

35.02815.7138.82110, 269

33, 59821.6255, 1366,703

7,4796,892584

129.92341.51987,106

45.62626. 74818,659

12, 252

9.0653,186

11,262990

10,0672,186

98

1,921

4,767208235584

213,096

10,0409,328247456

38, 52117.69310. 44410.156

35.96822.4916, 51556,772

7, 4356,861572

149,14857,40290,392

56,87936,00320.638

11,104

7,9143,190

10. 258846

9,4952.037

83

1,8334, A41

183232520

203, 265

10. 0719,351257454

37.30717.44610.0719,568

35, 23621.6756,7186,708

7,4426,873567

158, 46663, 51993,189

59,67738,43720.938

11,514

7,5833,931

10,557957

9.3271,921

93

1,7704,637

17422653868

197,365

10.0529,334246460

35,87317, 1678,5229,971

33,72821, 1825,7956,615

7,4806,902575

136,88649,72185,604

50.13631,23918,609

11,193

6,6454,548

10, 277916

9,2701,856124

1,7584,611

15522148263

194,415

10,0259,296256461

34,18216.0917,25510,646

32,15920,9064,5186,598

7,4596,886571

121,80540,06981,049

43,31126,29916,890

11,609

7,0064,G03

10,616992

9.3691,787153

1,7424.799

14321546862

193. 288

10,1199,383263460

32,07515.9095, 58410.414

31.65021.9433,1026.493

7,477fi,920555

108. 43430,69876.522

36, 72221,29315,226

11,485

7,2704,215

10,4021,083

9,4741,798208

1,7994,827

13021543958

195, 746

10,1349,412252458

29,00916.9952,205

30.25022.4221,6216,122

7,4436,912529

95,84321,40373,187

30,51716,37213,957

12,091

' 7,931' 4,159

10,937' 1,154

9,6101.769261

1,8204,90813621244461

195,556

FOODSTUFFS AND TOBACCO

ALCOHOLIC BEVERAGES

Fermented malt liquors:Production thous. of bbL.Tax-paid withdrawals doStocks do

Distilled spirits:Production thous. of tax gal..Tax-paid withdrawals do .Imports thous. of proof gal..Stocks thous. of tax gal..

Whisky:Production do . . .Tax-pnid withdrawals... do . .Imports thous. of proof gal..Stocks thous. of tax gal

Rectified spirits and wines, production, totalthous. of proof gal..

Whisky do . .Indicated consumption for beverage purposes:

All spirits thous. of proof gal..Whisky d o . . . .

Still wines:Production thous. of wine gal..Tax-paid withdrawals- . .do . . .Imports doStocks do

Sparkling wines:Production doTax-paid withdrawals _ doImports doStocks do

5.0745.3938.776

6.7424.850

504521.601

3.2523.617

413477,484

102

18

'5,456'5,719'8,838

'6,391'6.631

710518,482

4,392'5,066

612475,365

3,1892,332

8,7097,104

5.2115.053

15287,127

162126

4,3924,9218,112

10,2448.7721,843

514, 433

4,9856,7931,599

472,499

4, 0053,258

11,95910,309

44,2936,195

42099.817

213484

625

4,2374, 1697.994

17.94611.0661, 113

510,606

7.0748.550

959469, 173

5,2024,329

13, 70312,007

105. 5998.011

370139,099

275059

£97

3,6853,8267,696

14,92113, 4851.058

506,894

8.94610,385

012465,934

6,3415.532

16, 266

14, 508

35,8958.624379

142,721

365680576

3,5883,9167,191

11,5539.4001, 501

508. 205

8,0337,7041.298

465,018

4,0023,249

12. 39010,870

8,1349.109424

133,916

48101130511

3,7882,9307,926

12,5066,517716

512,394

10,0215,500582

469,004

2,6792,078

8,3787,243

2,7735,912304

127,936

312534512

3,4783.2388,000

11,8467,928623

514,505

9.5996, o!6534

470, 519

3,4022,839

9,8898,903

2.0646,393233

121,877

181424506

4,3823,8098,391

13,1818,406748

517,583

10, 304

645473,278

3,4802,669

10, 5208,671

1,8856,236247

116,323

461720532

5,1094,1779,105

13,9387,818

775522,503

11, 2235,793

674477,865

3,7212,764

10, 2108,156

1,828

252110, 695

451826

556

5.4834,8839,508

13,9297,543

866527,362

11, 5045,848

752482,555

3,4662,694

9,7418,242

1,7125,775

306105,337

902439

619

5,5945,8539,018

10,65710,8711,824

525,403

8,1878,3371,570

480,945

5,2394,218

14, 70012,644

2,01910,425

66593, 254

34101660

'5,8515,3209,324

7,5817,634

702523,596

5,2005,475

589479,189

4,3923,446

10,1428,348

3,3033,385

19691,237

281829

669

' Revised.tRovised series. Data on manufactured gas revised beginning January 1938 and natural gas beginning January 1937; see tables 24 and 25, pp. 16 and 17, of the May 1940

Survey. Electric power sales and revenues from sales revised beginning 1937. Earlier monthly data will be shown when available.



1940

August

1939


berDecem-

ber

1940

Janu-ary


FOODSTUFFS AND TOBACCO—Continued

DAIRY PRODUCTSButter:

Consumption, apparent thous. of lb.Price, wholesale, 92-score (N. Y.)--dol. per lb_Production, creamery (factory).thous. of lb-Eeceipts, 5 markets doStocks, cold storage, creamery, end of month

thous. of lb-.Cheese:

Consumption, apparent doImports doPrice, wholesale, No. 1 Amer. (N. Y.)

dol. per R^-Production, total (factory) thous. of lb-.

American whole milk doReceipts, 5 markets doStocks, cold storage, end of month do

American whole milk doCondensed and evaporated milk:

Exports:Condensed (sweetened) do-Evaporated (unsweetened) do

Prices, wholesale (N. Y.):Condensed (sweetened) dol. per case,.Evaporated (unsweetened) do

Production, case goods:Condensed (sweetened) thous. of lb-.Evaporated (unsweetened) do

Stocks, manufacturers', case goods, end ofmonth:

Condensed (sweetened) thous. of lb-_Evaporated (unsweetened) do

Fluid milk:Consumption in oleomargarine doPrice, dealers', standard grade-dol. per 1001b-.Production (Minneapolis and St. Paul)

thous. of lb-_Receipts:

Boston thous. of qt_.Greater New York do

Powdered milk:Exports thous. of lb-_Production doStocks, mfrs., end of mo do

FRUITS AND VEGETABLES

Apples:Production (crop estimate) thous ofbu..Shipments, carlot no. of carloads..Stocks, cold storage, end of month

thous. of bu...Citrus fruits, carlot shipmonts-.no. of carloads^.Onions, carlot shipments doPotatoes, white:

Price, wholesale (N. Y.) dol. per 100 Re-production (crop estimate) thous. of bu _Shipments, carlot no. of carloads

GRAINS AND GRAIN PRODUCTS

Exports, principal grains, incl. flour and mealthous. of b u - .

Barley:Exports, including malt doPrices, wholesale (Minneapolis):

No. 2, malting dol. per bu._No. 3, straight do._

Production (crop estimate) thous. of buReceipts, principal markets do-_Stocks, commercial, end of mo do-_

Corn:Exports, including meal doGrindings do .Prices, wholesale:

No. 3, yellow (Chicago) t dol. per bU-_No. 3, white (Chicago) do .Weighted average, 5 markets, all grades

dol. per b u . .Production (crop estimate) thous. of buReceipts, principal markets d o - .Shipments, principal markets d o . .Stocks, commercial, end of mo d o . .

Oats:Exports, including oatmeal d o . .Price, wholesale, No. 3, white (Chicago)

dol. per bu._Production (crop estimate) thous. of buReceipts, principal markets do . . .Stocks, commercial, end of mo do._.

Rice:Exports pockots (100 lb . ) - .Imports do-_Price, wholesale, head, clean (New Orleans)

dol. per lb-_Production (crop estimate) thous. of bu_.

152,698.28

163, 71558, 512

134, 476

63,5351,377

.1772,40057,63513, 272

148, 097125,121

3,36852, 964

5.003.10

231,572

9,728349,433

4,179

2.18

29,883

21, 380

1, 46129,64245, 989

ni4,830721

010,1501,195

1,581383,172

7,799

6,630

228

.45

.41< 304,955

14,15510, 254

3,3578 5,450

.66'2,297,186

19, 23112, 38528,119

69

.3041,206,901

13, 2878,395

190, 20952, 240

.0404 52, 280

' 157,135.24

r 164,86069. 674

172, 825

r 64, 9093,435

.15r 69, 040r 54, 440

14, 579125,019103, 594

1941,976

5.002.90

2,455191, 382

8,001355, 071

4,3152.12

28,599

20, 930127,178

23, 56618, 298

942

09,1781,674

1.295

7.734

10, 830

713

.48

.42

20, 06216,904

1,1216,693

.47

12, 07714,192

18, 62514, 681

216, 07270, 691

.033

152,571.28

134,51555,208

154, 594

71, 5925,762

.1757, 50045,19516, 527

116, 56197, 530

2763,414

5.00 |2.90 I

4,368 !164, 723

6,039135,135

5,2972.15

147, 955.29

121,59549,357

128, 111

67, 74411, 637

.1854, 40041,31015,145

114, 73693,987

3643,715

5.003.10

3,479143, 988

6,312175,646

4,5382.19

25,226 | 26,043

18,901122, 715

82322, 43211,963

19, 798128, 697

79620, 7828,449

4,948

10, 0997,2893,388

1.588

12,308

8,372

709

.58

.50

13, 54619,422

1,8558,094

.54

.57

.56

22, 65511, 58414, 947

133

.36

12, 52816,104

381,76537, 528

.040

10, 505

30, 30711,910

3, 320

1.700

15, 263

11,281

.55

.50

8,74420, 398

5,5808,588

.48

.59

.50

31, 60913,13527, 541

162

.35

6,26114, 552

304, 5438,568

.038

150, 337.30

112,28545,197

89, 783

51,0376,344

.1842,30030,14510, 614

112, 21790, 219

1451,876

5.003.10

2,354125,529

5,990188, 290

5.3372.22

28, 215

19,452121, 848

54420, 2257,548

8,103

30, 98813, 8062.016

1.806

12, 566

5,709

153

.54

.49

6,73220,106

1,2666,925

.50

.51

26, 72315, 89338, 202

117

.39

5,63213,199

89, 92658, 365

.037

152, 706.30

118,43045,775

55, 462

47, 9903,478

.1840, 66028, 6009,981

108, 24186, 805

1212,615

5.003.10

2,228135, 536

5,627186,081

4,9882.25

33, 548

18, 789123,192

57324, 54411,044

143,0855,079

26,19817, 5401,631

1.850'364,01612,141

8,374

399

.58

.52276,298

7,30718, 614

5,3246,386

.56

.62

.5732,619,137

21, 9239,46945, 851

81

.413 937,215

4,75612, 054

107,17932,127

.0383 52,306

152,150.32

126,04053,743

29,189

58, 3763,339

.1841, 20030,44013, 26194, 29575,181

1542,809

5.003.10

2,817158, 656

4,702156, 253

5,6962.25

37, 624

19,722121, 550

49227, 87017,946

4,933

20, 30618, 8502,453

1.925

18,615

8,332

248

.60

.55

7,16117, 333

5,2747,248

.59

.67

.59

12, 6118,125

42, 307

72

.42

4,3278,979

247,14219, 072

136,005.30

125, 26551, 276

18,366

57, 4212,959

.1843,00032,78010, 86682, 66466, 584

3532,501

5.003.10

3,370170, 397

4,579150, 458

5,7612.25

38, 441

18, 509116, 518

45827,40624,086

4,912

14, 49314, 3341,814

1.875

17,979

10, 204

358

.57

.54

5,64516, 079

5,7967,076

.58

.58

13,1267,777

40, 575

154

.43

4,9267,867

316, 77423, 636

.039

146,000.29

136, 62554,690

8,875

63,909

.1653,00039,58511, 52774, 93761, 510

4942,284

5.003.10

3,504203, 619

3,938173, 378

5,0742.25

42, 638

20, 309122, 685

64034,05229, 284

4,639

8,63814, 9602,224

1.981

24, 792

9,324

229

.56

.53

5, 05913, 943

1,8676,874

.58

.58

11,9965,95539, 704

228

.43

4, 7517, 539

292, 27840,905

.039

147,068.28

147,74562,187

9,504

61, 7524,073

.1561, 60047,62011, 73778,70665,175

3613,878

5.003.06

3,169225,077

4,014207, 740

5,2442.23

41,113

19,601120,993

81537,507

r 33, 572

3,562

3,60615,5111,611

2.095

18, 798

5,636

185

.58

.56

5.91010, 883

1,4677,042

.63

.74

.64

11, 6909,63334,142

57

.43

4,1786, 204

287, 51727, 572

.038

172, 643.28

188, 64568,405

25,463

82, 0204,072

.1586,80067, 78012, 50787, 55573,056

4423,636

5.003.00

4,906281,960

6,815287,778

4,6912.18

45,110

20,992128,218

1,00343,852

' 35, 843

1, 614

1,13513, 3462,432

2.131

21, 879

3, 825

130

.57

.55

5, 9978,809

1,2617,607

13,11617, 31624, 016

83

.41

3,0264,619

289, 56259,860

.03S

148, 049.27

203, 80077,919

81,005

68, 6733,363

.1692, 40074,09015,003

114.36296; 143

1,1944,550

5.003.05

6,157294, 203

10, 221228, 565

3,8112.18

43,470

20, 370126,476

1,04846, 64640, 412

577

012, 3202.636

2.194

22,180

6,289

206

.51

.46

3,8476,956

4,1396,390

.66

.77

.66

23,41114, 33925, 419

105

.35

1,9123,130

294, 63243, 357

.039

'140,735.27

183, 54573,449

• 123,628

r 60, 6081, 780

.1782, 70067, 48515,276

138,049115,992

4,58915, 068

5.003.10

6,736260, 722

10, 454321,332

4,2642.18

34, 931

21, 505126,158

1, 213' 35, 859r 42, 805

573

010, 0521,032

1.770

"Ii.417

10, 673

218

.46

.45

2,8705,598

6,7018 5,123

.65

22,46415,12625, 354

.32

4,3272,769

246,13522, 711

.039

»• Revised.1 Production in commercial areas; not comparable with earlier estimates of total crop or commercial crop.* Revised estimate.' December 1 estimate.4 September 1 estimate.8 No quotation.6 For domestic consumption only, excluding grindings for export.JFor monthly data beginning 1913, corresponding to monthly averages shown on p. 105 of the 1940 Supplement, see table 20, p. 18, of the April 1940 Survey.



1940

August

1939


berDecem-

ber

1940

Janu-ary

Febru-ary- March April May June July


GEAINS AND GRAIN PRODUCTS—Con.]Rice—Continued.

Southern States (La., Tex., Ark., and Tenn.):Receipts, rough, at mills

thous. of bbl. (162 lb.)__Shipments from mills, milled rice

thous. of pockets (100 lb.). .Stocks, domestic, rough and cleaned (in

terms of cleaned rice), end of monththous. of pockets (100 lb.)_.

California:Receipts, domestic, rough____bags (1001b.)__Shipment from mills, milled rice doStocks, rough and cleaned (in terms of

cleaned rice), end of mo___bags (100 lb.)__Rye:

Exports, including flour thous. of bu__Price, wholesale, No. 2 (Mpls.)—dol. per bu._Production (crop estimate) thous. of bu__Receipts, principal markets doStocks, commercial, end of mo do

Wheat:Disappearance doExports:

Wheat, including flour doWheat only do

Prices, wholesale:No. 1, Dark Northern Spring

(Minneapolis) dol. per bu . .No. 2, Red Winter (St. Louis) do_._.No. 2, Hard Winter (K. C.) doWeighted av., 6 markets, all grades.-do

Production (crop est.), total thous. of bu_.Spring wheat doWinter wheat „ do

Shipments, principal markets doStocks, end of month:

Canada (Canadian wheat) doUnited States, total do

Commercial doCountry mills and elevators doMerchant mills doOn farms do

Wheat flour:Disappearance (Russell-Pearsall)

thous. ofbbL.Exports doGrindings of wheat thous. of bu_.Prices, wholesale:

Standard patents (Mpls.) dol. perbbl__Winter, straight (Kansas City) do

Production:Flour, actual (Census) thous. of bbl. .

Operations, percent of capacityFlour (Russell-Pearsall) thous. of bbl . .Offal (Census) thous. of lb_.

Stocks, total, end of month (Russell-Pearsall)thous. of bbl. .

Held by mills (Census) do

LIVESTOCK

Cattle and calves:Receipts, principal markets, thous. of animals. 1, 785Disposition:

Local slaughter do 939Shipments, total do 833

Stocker and feeder do 401Prices, wholesale (Chicago):

Beef steers dol. per 100 l b . . 11.00Steers, corn fed do 11.33Calves, vealers _._do__ - 10.41

Hogs:Receipts, principal markets, thous. of animals 2,177Disposition:

Local slaughter d o . . . 1,497Shipments, total do 677

Stocker and feeder. do 37Prices:

Wholesale, heavy (Chi.) dol. per 100 lb__ 6. 23Hog-corn ratio

bu. of corn per cwt. of live hogs__ 9. 2Sheep and lambs:

Receipts, principal markets.thous. of animalsDisposition:

Local slaughter do 876Shipments, total do 1,188

Stocker and feeder do 383Prices, wholesale (Chicago):

Ewes--_ dol. per 100 lb . . j 3.50Lambs do i 8. 75

280

772

1,170

473, 827160, 879

473, 481

0).41

3 37, 4521,7329,142

2,976934

.74

.77

.69

.73783,560227, 721555,839

21, 442

272,360

180,052

435

4.173.71

390

972

486, 207174, 422

389, 027

0.42

3,4559,246

8,9355,903

.69

.65

.72

1,805

1,146

1,706

497, 338224, 541

466, 045

0).53

22, 791

135, 793

166, 289

9,552645

43, 746

4.903.36

9,52260.3

10,347772, 787

5,300

1,764

972795375

9.099.26

10.03

2,007

1,45155036

5.75

12.0

2,392

9681,419

5043.387.93

3,1609,857

206, 612

5,6752,530

.93

24, 495

274, 841800, 519161, 987162, 542137, 332338, 658

11, 279669

51,101

5.764.36

11,19175.9

12,148890, 697

5,5004,058

2,117

1,0191,074

546

10.2310.6811.09

1,995

1,458534

7.54

12.6

2,625

1,0641,564

6133.599.07

2,360

1,122

3,029

354,776123, 603

544, 057

1.52

2,05310, 577

4,6291,701

.83

16, 856

335, 367

151,015

9,946623

43,025

5.584.20

9,42861.5

10, 779752, 851

5,710

2,438

1,1241,270

743

9.8710.0710.78

2,458

1,82561737

6.97

13.7

2,607

1,0751,520

3.859.00

1,375 | 679

1,083 | 857

3,410

167, 79365, 521

574, 503

0.51

1,2959,954

4,1731,452

.91

.92

.86

14, 936

316, 296

141, 986

7,944579

37, 770

5.704.28

8,29856.3

8,929655, 454

5,625

1,912

963973549

9.639.869.75

2,847

2,17766540

5.95

12.5

1,907

944984429

4.398.84

3,282

89, 89268, 417

545, 331

85.67

2 39, 2492,070

10, 540

185, 615

2,485597

1.031.04.98

1.00754, 971191, 540563, 43113, 086

310, 855614, 904132,842128,846114, 231238, 985

6,074402

36,848

6.175.01

8,11955.0

8,523635,415

6,4755,165

1,404

833572273

9.5910.00

3,331

2,48284946

5.15

10.0

1,514

848671141

4.338.38

1,129

3,079

97, 273140, 976

458, 505

88.70

1,76810, 212

2,650

1.051.051.011.02

8,834

301, 434

119,"66l"

9,284434

39, 323

6.024.80

8,64956.3

9,243682, 637

6,000

1,565

997548200

9.4610.4411.50

3,772

2,7531,007

47

5.25

9.7

1,728

1,071653119

4.608.60

982 I 967

1,108 1,041

3,017

154, 94091, 480

437, 830

79.67

1,45510,120

3,8161,430

1.041.06

1.01

7,403

292,090

lI6,~76i"

8,233508

36,400

5.664.73

8,02556.4

8,441630,066

5,700

1,247

810433163

9.0810.5310.47

2,922

2,07484143

4.93

9.1

1,424

863559

5.098.60

2,994

293,56997,009

445, 605

272.67

1,47810,138

176, 936

6,7283,704

1.041.061.021.01

8,659

288, 391437, 968105,40180, 81794, 266

157,484

8,338643

37,812

5.704.79

8,32054.1

8,581657,156

5,300

1,359

825516215

9.3111.3410.69

2,710

1,96474949

4.94

8.7

1,440

824620

5.539.64

1,080

2, 890

328, 769141, 744

455,143

90.70

1,44810, 048

3,8371,833

1.081.111.061.06

9,459

280, 625

105, 595

8,227427

37,632

5.774.86

8,26953.7

8,454656, 277

5,100

1,554

974568244

9.4611.229.93

2,595

1,86871343

5.46

8.4

1,876

1,046828156

5.109.67

844

1,135

2,632

387, 539167, 697

455, 525

112.59

1,3249,912

2,239227

1.011.04.95.97

954

2,084

231, 879196, 394

358, 843

4.45

6959,506

153, 880

1,835632

.87

.76

.78

18, 525

258, 939

97, 670

42838,694

5.324.55

8,51455.2

9,603673,073

1,576

936631263

9.8310.8911.31

2,674

2,00566648

5.66

8.4

2,002

1,077917169

4.169.63

12, 780

257,131297, 54287, 32733,73090, 96485, 521

25635,079

4.644.19

7,68251.7

614, 992

4,193

1,462

594216

10.339.59

2,650

1.927'718

33

5.04

7.6

1,687

915779132

3.8410.16

r Revised.1 Less than 500 bushels.2 December 1 estimate.3 September 1 estimate.

283

748

1,647

319,168148,390

367, 777

1.44

6879,037

3,6861,876

.79

.76

.71

29, 319

255,175

160,150

38538, 921

4.483.84

8,50455.1

681, 823

1,737

991723307

10.4411.029.85

2,259

1,59864933

5.99

9.2

972921214

3.459.14



1940

AugUS'

1939


berDecem-

ber

1940

Janu-ary

Fehru-ary March April May June July


MEATSTotal meats:

Consumption, apparent mil. of lb..Exports .. - . doProduction 'inspected slaughter) doStocks, cold storage, end of month do

Miscellaneous meats doBeef and veal-

Consumption, apparent thous. of lb..Exports . . do . _.Price, wholesale, beef, fresh, native steers

(Chicago) dol.perlb..Production (inspected slaughter) thous. of lb_.Stocks, beef, cold storage, end of mo.-.do

Lamh and mutton:Consumption, apparent doProduction (inspected slaughter) doStock*, cold storage, end of month do

Pork (including lard):Consumption, apparent doExports, total. do

Lard. doPrices, wholesale:

Hams, smoked (Chicago) dol. perlb..Lard, in tierces:

Prime, contract (N. Y.) doRefined (Chicago) do

Production (inspected slaughter), totalthous. of lb..

Lard doStocks, cold storage, end of month do

Fresh and cured doLard - . d o —

POULTRY AND EGGS

Poultry:Receipts, 5 markets thous. of lb_.Stocks, cold storaee, end of month do

Eggs:Receipts, .5 markets thous. of cases..Stocks, cold storage, end of month:

Shell thous. of cases..Frozen thous. of lb..

TEOPICAL PRODUCTS

Cocoa:Imports long tons..Price, spot, Accra (N. Y.) dol. per lb. .

Coffee:Clearances from Braail, total.-thous. of bags..

To United States _ doImports into United States.. doPrice, wholesale, Rio No. 7 (N. Y.)

dol.perlb..Receipts at ports, Brazil thous. of bags .Visible supply, total, excluding interior of

Brazil thous. of bags..United States.. -do

Sugar:Raw sugar:

Cuban stocks, end of monththous. of Spanish tons..

United States:Meltings, 8 ports. long tons..Price, wholesale, 96° centrifugal (N. Y.)

dol. per lb..Receipts: From Hawaii and Puerto Rico

long tons..Imports, totalt __ do

From Cuba! doFrom Philippine Islandst do

Stocks at refineries, end of month..doRefined sugar (United States):

Exports .. doPrice, retail, gran. (N. Y.) dol. per lb..Price, wholesale, gran. (N. Y.) doReceipts:

From Hawaii and Puerto Rico.long tons..Imports, totalt do

From Cubat doFrom Philippine Islandst do

Tea, Imports thous. of lb..

MISCELLANEOUS FOOD PRODUCTS

Candy, sales by manufacturers..thous. of dol..Fish:

Landings, fresh fish, prin. ports.-thous. of lb. .Salmon, canned, shipments .cases..Stocks, cold storage, total, 15th of month..

thous. of lb-.Gelatin, edible:

Monthly report for 7 companies:Production doShipments doStocks do

Quarterly report for 11 companies:Production. doStocks do

1,22717

1,068797

480,7971.403

.183469, 80S

35, 589

57, 55757, 4573.2H

688.54614, l.>10,181

.178

. 055

. 066

541. 1*.94,188

690, <jr.2418.0l.r;272,887

32,98782,137

94?

7, 23s145,822

35,396. 0426

847650

1,148

.051

975

1,650

318,357

.027

123,98?198, 49098,62?99,852

474, 426

10,977.050.043

27143,68837. 5626.0237,176

15,679

51,461

76,490

1.1501.6745,940

1,13839

1,037573

476,7161,401

.151469. 53433.027

56.02856. 5992.459

605.52533.02822.848

.203

.060

.075

510.69391.676471.310360.032110,378

25. 75962.870

967

6,598135,928

23.311.0438

1.357731

1.056

.0511.267

8.017846

1,570

349,087

.029

84,140248,260191.18056,973

3,778.050.043

2.52741,25136, 4304,4827,499

15,256

45,7370)

72,765

8321,4415,488

1,13240

1,06547859

503.3572,042

.166495,86736.917

62.51763.0302. 965

566. 58233.84824.693

.206

.083

.104

506.340

,379.020300. 22678,794

30.10163,164

788

5.430121,471

13,707.0610

1,632957

1,095

.0521,523

7,918643

1,294

376,814

.037

163.801306.63«240.42159, 795280,086

8,997.064.056

10,72663,97959,1204.7107,307

24,242

39, 2080)

79,383

9781,3875,080

4,1147,974

1,16931

1,16245258

494,2081,546

.152499, 30649. 242

61.60862. 1473.499

613.24825. 70019.091

.209

.071

.083

600. 505102.914341.393272, 65568.738

37.22479, 228

619

3.519104,282

27,215.0537

2,0881,3171,469

.0532,058

8,334846

1,082

337,292

.034

137,264171.326105,37648.886305,164

18,995.060.052

3, 55016,04512.6963,2887,653

23,442

38,411(0

83,296

1,4001,5094,970

1,15737

1.285562

457. 2311,269

. 150472. 20267.672

58. 39159.0884.187

641.83833.00825. 706

.185

.067

.078

753, 588137.724421.227332. 27288,955

81,135127,649

1,58087,802

28.366.0517

1,596862

1,560

.0541,712

8,163

804

247,328

.030

122.52565, 14729,51129,104365,491

13,469.056.048

1,28418.58813,9484. 1539,953

24,966

35,8480)

84, 571

1.5581,1945,335

1,15642

1,41080895

438,1671.531

.166445. 23476,974

56. 79157. 5554,803

660.95736,30818,917

.176

.070

.077

906.801174.546631,564469.459162,105

77,806167,643

803

53272,279

17,032.0588

990485

1,511

.0521,265

8,0591,213

624

244,604

91.612232.646204,82413,397

378,089

17,627.054.046

8.49963. 22962,175

01511,954

20,297

32,049190, 787

92,431

1,8111,5315,616

6,3568,844

1,27364

1.482977104

481.4101.325

.162475.57878.573

67.38867. 1324.412

723. 99256.57627.988

.171

.066

.073

939, 102182. 0W790. 776588.601202,175

32.937166,962

954

5756,249

22.951.0561

1.156573

1,225

.055943

7,662994

526

276,474

.029

29.892111.620121.88334,055413.074

14,213.052.045

15,41813.96813,072

89311,927

18.612

26, 166346,185

78, 563

1,9761,559

1,05461

1.2141,093

107

424. 1741.767

.150415.20774. 708

56. 12456,2814.488

573. 24652.81525,133

.173

.067

.072

742.054141.687907.293650.653256, 640

22. 671144. 759

1,017

8138,070

30,917. 0538

1,384668

1,228

.0561,319

7,644944

1,183

289,291

.029

117.576208.979121.60471, 107

445.039

13, 631.051.044

25. 79024. 45222. 2752. 1768,863

19.338

28,380399.199

62,622

1,9241. 5716,385

1,13230

1.1651,100

10!

425.4091,325

.159419.49872,560

54,87154.6774,257

651.33625. 35620,654

.168

.063

.070

690.346129. 167921.510652,733268,777

22.054115,442

1,734

85444,199

14,865.0556

1,162717

1,443

.056963

7.2511,053

2,226

333,186

.028

129.878211,027157,04549.971

501,547

15,132.051.044

28, 71035.07331.2783,7948,056

18,216

25,298198.816

45,592

1.9491,6186,716

7,51510,287

1,16728

1.1331.031

87

467.4861,491

.166453. 50862,020

57. 30556. 6573,580

642, 69623.80618.849

.168

.066

.072

622. 544116.671878.00S611.956266,052

19,88986. 226

2,238

3,34179,454

11.886.0600

926539

1,274

.055777

6,740895

2,501

339,755

.028

156,155207, 784143. 32960,535500,912

19,001.051.044

26,24553.87845,6898,1788,630

16,212

20,344603, 249

34,835

2,0291,7377,009

1,20021

1.2001,010

77

484,1431,366

.170467. 17953,193

56.64756.5673. 463

659, 45918,66414,889

.171

.060

.070

675.942126,550876.512592. 575283,937

26.04276.904

2.369

5.980123,793

20,119.0553

1,342944

1,339

.053760

6,0291,018

2,260

351,629

.028

148.904222.536129.00693,447557.928

18,392.050.044

29,11545, 79438, 5167,2614,921

15,953

26,60386,061

33,756

1,6881,7116,985

1,14419

1,1771,034

79

441,1631,323

. 165429,85145,972

52. 42652, 245

3, 254

650. 29715, 82612, 697

.173

.060

.065

694. •tt.*124 260905. 2%598, 522306, 774

28.21282. 336

1,682

7,513150,366

22.288. 0495

703571

1.226

.053972

997

2,021

336, 579

027

64, 831232.047148,83379,824

557, 564

38,636.0 e0.044

13,75537. 48835, 2732,1876,510

12,268

35, 583204,827

45,473

1, 5871.6226, 950

6.97110,362

1,15235

1,12297477

479.4931,076

.176471, 496' 42,004

' 54,88655,019' 3,342

617,90031.47228,239

.175

.064

.069

595, 7491105.785•851,896548,688303,208

26,89282,415

1,274

' 7, 784' 154,947

41,185.0466

733606

1,393

.053

992

1,776

380,198

.027

100,932221,696155, 54566,140487,637

2,034.050.044

3,99140, 12932,0488,0667,316

12,820

55, 715

• 62,062

1,2291,7156.464

' Revised.1 Not available.JMonthly figures beginning 1913, corresponding to the monthly averages shown on p. 113 of the 1940 Supplement, will appear In a subsequent Issue.

October 1940 SUKVEY OF CURRENT BUSINESS 45


1940

August

1939


berDecem-

ber

1940

Janu-ary



TOBACCOLeaf:

Exports thous. of lb._Imports, including scrap do . . .Production (crop estimate) mil.oflbStocks, dealers and manufacturers, total, end

of quarter mil. of lbDomestic:

Cigar leaf doFire-cured and dark air-cured doFlue-cured and light air-cured doMiscellaneous domestic do .

Foreign grown:Cigar leaf do . . .Cigarette tobneco do

Manufactured products:Consumption ("tax-paid withdrawals):

Sn:all cigarettes _. . _ millionsLarge cigars - thousands-Manufactured tobacco and snuff

thous. of IbExports, cigarettes thousandsPrices, wholesale (list price, destination):

Cigarettes, composite price dol. per 1,000Cigars, composite price do

Production, manufactured tobacco:Total thous. oflb..

Fine cut chewing _ doPlug doScrap chewing doSmoking .__ _ do _.Twist do

14,3607.320

» 1,242

15.840487,641

28. 840639.101

5.760

33, 7737,541

16,571500, 807

33.291641,931

5. 51346 056

29, 823408

5,1534,346

19, 357560

45, 5766,491

2,556

336192

1,9183

1493

14, 790486,865

30,361714, 576

5.51346 056

26,326348

4,4713, 521

17,503482

28, 5326,724

15,384551,230

30, 230433, 967

5. 51346 056

28. 749373

4,3703, 827

19, 660518

30, 4578,425

14,461505,098

28,436466,966

5. 51346 056

25,614366

3 8513,415

17,467515

31,2609,478

1 1, 849

3,130

310184

2,5013

16117

12, 803331,204

24,057607, 719

5. 51346. 056

22,152323

3 7633. 196

14,421449

36, 6876,174

14.568388,085

26. 742616,661

5. 51346. 056

22,970330

3,4843,591

15,165399

18,4085,285

13,163375, 824

26,857576,914

5. 51346 056

24,049300

4 0353,397

15, 836481

32,5505,159

3,329

402268

2,5193

18119

13,021397,490

27,550537,206

5.51346. 056

24,045335

3,8063,363

16,087454

15,9125,790

14,820425,140

28,481509,420

5.51346.056

25,554362

4,2783,507

16,949458

32,6166,770

16,275469,313

29,924803,312

5. 51346. 056

26, 888512

4,3313,539

18,004503

20,9656,425

3,019

378215

2,2903

19112

17,565435,029

27, 660604,312

5.51346. 056

24,167367

4,1153,187

16,082416

15,5337.78C

15,913460,523

29,333406,07f

5.76C46.05(

26,88-435

4,5213,98!

17,46(48(

FUELS AND BYPRODUCTS

COALAnthracite:

Exports thous. of long tons - _Prices, composite, chestnut:

Retail dol. per short ton..Wholesale do

Production -thous. of short tons. -Stocks, end of month:

In producers' storage yards.. _.doIn selected retail dealers' yards

number of days' supply..Bituminous:

Exports thous. of long tons..Industrial consumption, total

thous. of short tons .Beehive coke ovens doByproduct coke ovens -doCement mills doCoal-gas retorts . doElectric power utilities doRailways (class I) doSteel and rolling mills doOther industrial do

Other consumption:Vessels (bunker) thous. of long tons..Coal mine fuel- thous.of short tons,.

Prices:Retail, composite, 38 cities

dol. per short ton..Wholesale:

Mine run, composite doPrepared sizes, composite -do

Production t . . thous. of short tons .Stocks, industrial and retail dealers, end of

month, total -thous. of short tons..Industrial, total _.. do

Byproduct coke ovens _. doCement mills doCoal gas retorts doElectric power utilities do . . . .Railways (class I) doStee! and rolling mills do ..Other industrial do..-.

Retail dealers, total do

COKE

Exports thous. of long tons..Price, beehive, Connellsville (furnace)

dol. per short ton..Production:

Beehive- thous. of short tons..By product __ do.Petroleum coke do.

Stocks, end of month:Byproduct plants, total do

At furnace plants doAt merchant plants do.

Petroleum coke do.

222

9. 5583,790

1,806

27,084442

6,703534128

4,3416,624

7927,520

112281

4 2564.314

39, 240

48. 00239. 5927,832

551291

11,0035, 075

66013, 5808,500

90

4.475

2784,682

2,027807

1,219

130

8.6013, £83

1,129

47

1,209

23,43769

5,177547128

3,8426, 075

7196,880

238

4.2464.306

'35,016

33 62427. 424

5, 632357229

7, 5004,224

5428,9406,200

66

3.750

453,666

143

2,921916

2,005682

400

10.648. 6-194,776

1,172

47

1,525

24, 980117

5,517503130

4,0256,492

7667,430

140261

8.45

4.2714. 362

38,150

36. 94330, 2436,220

309250

7,9234,338

57310,5406,700

95

3.750

753,904

111

2,812868

1,945668

261

~~9.~03i"4,919

1,219

57

1,746

29, 519399

6, 400531138

4. 5017, 450

9809,120

158315

4.3324.436

45, 950

41,91934. 270

7, 250442278

8,3705,050

04012, 2407,750

71

5.125

2564,527

165

2,600806

1,794652

126

9.1603,936

1,365

58

1,715

30, 243540

6, 457493140

4,4067,3221. 0559,830

178293

4.3334 428

42,835

45, 54237, 4028,115

472271

8,8585,341

66513, 6808,140

52

5.250

3464,567

159

2,607836

1,771647

104

10.839. 1563,862

994

37

614

31, 031489

6, 668425146

4.6837. 4611.029

10,130

111255

8.68

4.3224.404

37, 283

44. 57137, 1217,993

444264

9, 1195. 529

60213,0807,450

37

5.000

3144,718

155

2,561896

1,665666

149

9.5015,622

647

25

512

33,183372

6, 654308155

4,9028, 4361, 106

11, 250

129

4.3204 425

44, 940

40, 22233, 592

6, 406425239

9,0694, 002

65111, 7206,630

28

4.813

2384,707

116

2.008842

1,166

114

9.5763,546

372

23

510

28, 780242

5,676246141

4,2177,328

90010, 030

110268

4.3184.457

39, 105

39, 07732. 5775,875

444218

9.1285,272

65010, 9906,500

39

4.550

1554,017

131

1,706784922628

121

11.309.5843,773

128

602

28, 538211

5,830337143

4,0297,288

8709,830

105241

9.37

4.2964.39535, 210

35, 10830, 2085, 305408200

9,2574, 660578

9,8004,900

46

4.475

1354,125130

1,638800838624

121

9.3883,746

91

24

1,231

26,072160

5,632418205

3,5616,721725

8,650

93226

4.2754.297

32, 902

35, 72130, 5215,150463243

9,5144,526565

10, 0605,200

42

4.475

1023,984139

2,016931

1,085

282

9.2783,957

137

37

2,081

25, 741166

6,000513131

3,6966,534751

7,950

128243

4.2654 23035, 468

39, 20332, 4035, 956486248

9,7984,602533

10, 7806,800

52

4.475

1064,244152

2,056955

1, 101681

363

11.049.3334,367

506

40

24,988240

6,184542124

3.8396, 199

6907,170

' 25,8736

6,605112

4,076,39' 717,08

100231

8.15

4.2644.231

32,340

41.56334,5636,506

507284

10,2414,644

54111,8407,000

77

4.475

1514,375

149

1,803877926697

321

9.4614,401

1,841

1025;

'4.254.27

36,08

45,4337.53

7,444929

10, 555,24

6012,907,90

7

4.47

23'4,61

12

'1 ,9184

' i , o e67

' Revised. i September 1 estimate.JData for 1938 revised; see p. 45 of the August 1940 Survey.

1 Revised estimate.

46 SUKVEY OF CURRENT BUSINESS October 1940


1940

August

1939


berDecem-

ber

1940

Janu-ary

Febru-ary March April May . June July

FUELS AND BYPRODUCTS—Continued

PETROLEUM AND PRODUCTS

Crude petroleum:Consumption (runs to stills)---thous. of bbl__Imports doPrice (Kansas-Okla.) at wells dol. per bbL_Production thous. of bbL.Kefinery operations pet. of capacity..Stocks, end of month:

California:Heavy crude and fuel thous. of bbL.Light crude do

East of California, total doRefineries doTank farms and pipelines do

Wells completed number..Refined petroleum products:

Gas and fuel oils:Consumption:

Electric power plants thous. of bbL.Railways (class I) doVessels (bunker) do

Price, fuel oil (Pennsylvania) *_.dol. per gal._Production:

Residual fuel oil thous. of bbl__Gas oil and distillate fuels, total do

Stocks, end of month:Residual fuel oil, east of California

thous. of bbL.Gas oil and distillate fuels, total do

Motor fuel:Demand, domestic thous. of bbL.Exportsf doPrices, gasoline:

Wholesale, tank wagon (N. Y.)dol. per gal..

Wholesale, refining (Okla.) doRetail, service stations, 50 cities do

Production, total thous. of bbl._Benzol doStraight run gasoline doCracked gasoline doNatural gasoline do

Natural gasoline blended doRetail distribution mil. of gal_.Stocks, gasoline, end of month:

Finished gasoline, total thous. of bbL.At refineries do

Natural gasoline doKerosene:

Consumption, domestic._ doExports doPrice, wholesale, water white, 47°, refinery

(Pennsylvania) ___dol. per gal..Production thous. of bblStocks, refinery, end of month do

Lubricants:Consumption, domestic doPrice, wholesale, cylinder, refinery (Penn-

sylvania) dol. per pal-Production thous. of bbL.Stocks, refinery, end of month do

Asphalt:Imports short tons. -Production doStocks, refinery, end of month do

Wax:Production thous. of 1bStocks, refinery, end of month do

4,150.960

1,496

2,661.040

.112

.046

196

.049

.103

21,028

107, 6322,942.885

80,86584

84,03938,072192,98537,441155, 5441,561

1,6714,0143,026.043

25, 29913, 246

26, 11129, 282

53,8283,901

.107

.051

.13552,161

21022,37126,1803,4003,0922,186

66,44841,0466,624

4,436

.0505,7839,361

1,963

.1053,0567,069

1,670577, 300529,500

31,080108,173

105, 5053,235.960

108,16885

82,92737,372189,34135, 781153, 5601,652

1,6494,2053,061.042

26, 30212,975

26, 24930,018

49,3474,056

.114

.053

.13451, 890

22521,83325, 7004,1323, 2372,037

65,49841,4235,891

4,638560

.0505,8069,952

2,207

.1342,8546,704

4,150550,400475,000

40, 32089,584

110,9803,093.960

114,198

82,71835, 533187, 57936,922150,6571,786

1,7114,6502,254.041

27. 59415, 017

26,10930,951

49, 6873,291

.124

.053

.13654,974

25923,61126, 6234,4814,3581,981

68,11643, 5165,140

5,0191,089

.0506,1419,967

2,656

.1663,5756,639

1,742541,800472,000

45, 08081,147

104,9162,848.960

111,88783

81,11235,129191,16439,427151, 7371,820

1,6064,2403,083.041

26,08813, 757

24,01830,179

47, 2752,441

.125

.052

.13452, 691

26722,41525, 6214,3884,2861,896

71,61946, 8984,579

6,023563

.0505,6429,019

1,927

.1683,2776,799

3,455391,400497,000

48,44081, 369

105, 8352,651.960

114,81081

80, 22335,478195,83640,033155,8031,892

1,7554,3283,406.039

26,94414,433

20,88126,374

43, 6942,987

.127

.050

.13452,351

27522,01725, 5894,4704,0181,850

77, 30151, 9204,421

6,613631

.0485,8227,576

1,825

.1843,4787,142

8,622303, 700550,000

48, 44075,648

106, 5301,948.960

113,14081

79,38035, 567196,40739,162157, 2451,578

1,9504,5023,497.039

28,08216, 548

18, 76421,057

40, 3702,001

.127

.047

.13450, 243

27221, 70923,9914,2713,2851,646

84,86360,4204,476

7,642356

.0485,3754,918

2,054

.2083,3087,328

4,619207, 200593,000

48,44074, 575

101, 7662,244.960

108,66881

79,04736,110200,70440,212160,4921,655

1,4464,1003,082.039

24, 68016, 262

19,13019,615

37, 5571,848

.127

.044

.13347, 596

23120,40922, 7774,1793,0671,543

92,72168, 2274,757

6,263279

.0505,9454,302

1,522

.1933,1087,825

1,876219, 600647,000

49, 56082,631

110,0792,866.960

120,07581

78,44035,943207,40740,871166, 5361,677

1,2614,2813,350.039

26,87016, 346

19,16018, 541

44,6072,021

.124

.044

.13151, 230

23721, 77424, 7304,4892,9861,812

96, 46770, 2745,393

6,273463

.0506,5704,114

1,883

.1703,3358,084

896324, 200699, 000

47, 32090, 373

106,9793,368.960

116,04582

36,000214,32142,119172, 2021,853

9794,1642,930.039

25, 37215, 260

47, 6831,730

.123

.046

.13050,625

22823,08222,9014,4142,7831,936

96,61569, 4076,112

5,621375

.0506,2574,351

111,8174,266.960

118, 28383

108, 2373,658.960

111, 69084

78, 35935,782218,49245,183173,3092,083

78, 44335, 368218, 99847, 525171,4732,021

948 ; 1,0164,130 I 4,0903,242 i 2,926.039 ' .039

26, 54814,541

25, 46914,154

18,475 19,116 20,33920,310 I 23,112 I 26,412

52,946 55,4591,766 ! 2,175

.118

.048

.12752,183

24722, 52624,8234,5873, 0752,133

93, 47465,8716,514

5,297377

.0516,6415, 309

.117

.048

.12751, 325

26322,42224, 2394,4012,6002,267

86, 27659, 7087,000

3, 952299

.0515, 7856, 810

2,138 | 2,063 ! 2,146

.1613,2808,065

.150 !3,341 s8,170 i

.1433,2128,161

417 230 ! 260400,000 487,600 527, 300768,000 I 759,000 681,000

42,560 44,240 ! 39,76096,910 103.289 I 110,346

107, 9023,771.960

113,24480

77, 55036,182225,19753, 360171,8371,860

r 1, 2344,1663,009.039

25, 24814, 439

21, 90930,134

53, 8651.459

.115

.048

"51,879279

22, 42024,4964,6842,744

82, 02554, 4147,584

4,257213

. 0505,7978,191

1,871

.1183,0248,573

9,761606, 600623, 000

37, 520113, 978

LEATHER AND PRODUCTS

HIDES AND SKINS

Imports, total hides and skins thous. of lb_.Calf and kip skins doCattle hides doGoatskins doSheep and lamb skins do

Livestock (federally inspected slaughter):Calves thous. of animals..Cattle doHogs doSheep and lambs do

Prices, wholesale (Chicago):Hides, packers', heavy,native steers, dol. perlb. _Calfskins, packers', 8 to 151b do

LEATHERExports:

Sole leather thous. of lb._Upper leather thous. of sq. ft_.

Production:Calf and kip thous. of skins..Cattle hides thous. of hides..Goat and kid thous. of skins__Sheep and lamb do

33,1231,152

20,6856,0653,786

432842

3,0451,489

.102

.153

332,256

25, 0931,8679,3085,3625,370

414823

2,7921,457

.116

.160

652,905

1,1551,9493,3624,201

24, 5781,58510,6114.0134,807

427880

2,8851,635

.146

.211

544,839

1,0781,8143,0753,768

21, 3481,5038,8735,0254,517

482893

3,5451,585

.165

.240

2265, 757

1,1621,9283,7073,939

31, 3601,980

13, 0624,5768,586

450837

4,4371,469

.146

.214

4464,623

1,0571,9573,3613,429

33,1971,46116,8285,8215,114

381773

5,2361,389

.144222

2744,109

9551,8583,1672,950

30, 3831, 348

14,1786,0945,153

416827

5,3561,598

.140

.223

2593,685

1,0941,9703,6622,973

32, 4211,055

16, 2219,0174,071

378715

4,2771,313

.129

.214

7733,214

9541,8923,2462,996

23, 8551,0059,6696,8363,997

440721

3,9811,266

.126

.216

6434,456

1,7003,2263,045

22, 767623

9,0685,9064,933

480774

3,6101,355

.127

.212

23,716 •1,1187,7565,7297,293

501796

3,8901,420

.123

.214

3543,842

1,5663,411

28, 5211,085

16,4015,5763,919

437738

3,8861,378

.105

.187

4562,902

9911,5903,2473,328

2,

1,32,

92701

936452074852

28,8632,108

14, 3055,2955,199

457822

3,2191,448

.114

.188

2,031

9531,5293,0782,857

r Revised.*New series. Data beginning January 1918 will appear in a subsequent issue.tExports of motor fuel revised to include natural gasoline and benzol; revised data not shown in the September 1940 Survey will appear in a subsequent issue.



1940

August

1939


berDecem-

ber

1940

Janu-ary **£>• March April M a y June July

LEATHER AND PRODUCTS—Continued

LEATHER—Continued

Prices, wholesale:Sole, oak, scoured backs (Boston)

dol. per lb.Chrome, calf, B grade, black, composite

dol. per sq. ft.Stocks of cattle hides and leather, end of month:

Total thous. of equiv. hides_.In process and finished doRaw do

LEATHER MANUFACTURES

Gloves and mittens:Production (cut), total dozen pairs.

Dress and semidress do _Work do. . .

Boots, shoes, and slippers:Exports thous. 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 leather do. . .High and low cut, leather, total do. . .

Boys' and youths' do. . .Infants' doMisses' and children's do_._Men's do. . .Women's do__.

Slippers and moccasins for housewearthous. of pairs.

All other footwear do. . .

0.305

.442

202

6.004.253.30

39, 011347294512

32, 6071,6241,7883,6699,62115, 905

4,898352

0.305

.392

12, 7589,0523,706

206,134130,50075,634

234

5.754.003.00

43,946365239576

37,1191,8482,1674,22110,10618,776

5,316330

0.348

.419

12, 6538,8673,786

201,356130,10971, 247

205

5.754.043.00

36,807361279529

29,9931,5051,9813,6818,59214,233

5,396251

0.374

.463

12, 5568,8463,710

209,026133, 36275,664

169

5.754.153.10

37, 273442336678

29,2501,4772,1703,7839, 56812, 252

6,283283

0.368

.453

12, 7279,0423,685

202,008125,360

426

6.004.203.13

32,129385243566

24, 6961,1721,9233,2289,036

5,898341

0.355

.452

12,9979,2763,721

144,48981,48463,005

161

6.004.253.15

28,690323277873

23, 6941,1061,6283,3577,9399,663

3,285239

0.358

.456

13,0299,3573,672

125,95470,32155, 633

196

6.004.253.21

33,885274414

1, 29130, 2981,1691,8383,9038,98514,403

1,253355

0.348

.455

12,8879,2033,684

154,32588,95665,369

316

6.004.253.30

35,651285529

1,29931,3241,1781.8943,8169,09415,343

1,870345

0.345

.457

12, 5788,9113,667

155,40288,33367,069

220

6.004.253.30

34, 551311824

1,04829, 5381,0671,8213,6148,337

14, 700

2,288542

0.345

.466

12, 5298,7303,799

146,34581,35564,990

177

0.344 | 0.340

. 469 .455

12, 5088,8123,696

169, 671100,71768,954

142

6.004.253.30

31,056349915692

25, 5561,0171,7032,8257,588

12,424

2,880663

6.004.253.30

29, 479343965424

23, 8011,1611,5752,6017,419

11,045

3,127819

12, 7488,9023,846

179, 972108, 67471, 298

129

6.004.253.30

27, 905371691303

22, 6681,2301,6002,9506,9259,963

3,184687

0.325

.453

12, 7158,8263,889

6.004.253.30

' 33, 590' 3 2 3' 3 0 2' 370

' 28,113r 1, 391r 1, 710' 3, 357' 8, 018

' 13, 638

r 4, 005r476

LUMBER AND MANUFACTURES

LUMBER—ALL TYPES

Exports, total sawmill products M bd. ft__Sawed timber doBoards, planks, scantlings, etc do

Imports, total sawmill products doNational Lumber Mfrs. Assn.:

Production, total .mil. bd. ft-_Hardwoods doSoftwoods do

Shipments, total . doHardwoods doSoftwoods do

Stocks, gross, end of month, total doHardwoods doSoftwoods -_ __do

FLOORING

Maple, beech, and birch:Orders, new M bd. ft..Orders, unfilled, end of month doProduction doShipments doStocks, end of month do

Oak:Orders, new doOrders, unfilled, end of month doProduction doShipments doStocks, end of month _ _. do

SOFTWOODS

Douglas Fir:Exports, total sawmill products._M bd. ft

Sawed timber doBoards, planks, scantlings, etc do

Prices, wholesale:No. 1, common boards dol. per M bd. ft..Flooring, 1 x 4 , " B " and better, V. G.

dol. per M bd. ft.Southern Pine:

Exports, total sawmill products M bd. ft..Sawed timber doBoards, planks, scantlings, etc do

Orders, new mil. bd. ft..Orders, unfilled, end of month doPrice, wholesale, flooring..dol. per M. bd. ft..Production mil. bd. ft..Shipments doStocks, end of month ..do

Western Pine:Orders, new doOrders, unfilled, end of month doPrice, wholesale, Ponderosa pine, 1x8, No. 2,

common (f. o. b. mills)...dol. per M bd. ft-Production mil. bd. ft..Shipments doStocks, end of month dor Revised.

98, 29611,15568, 26264, 704

2,540318

2,222. 2,655

3902,2667,4001,6565,744

10, 72510,8008,1759,350

16, 600

65, 83672, 55746,14852, 65557, 879

37, 6259,595

28, 030

20.825

37. 975

15, 990948

15, 042931570

43. 045703801

1,814

653442

28.17618537

2,043

124,02120, 25699,15654, 222

2,401352

2,0492,534

3922,1437,9561,9046,052

8,25010, 9508,1509,150

15, 900

47,11746,19141,18044, 66672, 679

55, 75514, 54641, 209

19.110

37. 828

18,8215,529

13,292760378

40. 568689723

2,018

509298

25.65551489

1,965

100,83414, 49182,16459,406

2,303359

1,9442,552

4312,1217,7051,8425,863

11, 90014, 4008,6008,700

16,000

58, 23064, 77339,83544, 81665, 647

34, 2808,972

25,288

19.845

39. 445

28, 6645,287

23,377894536

40. 560625736

1,907

600415

26.81501489

1,977

84, 3265,928

73,918102, 606

2,363377

1,9862,616

4702,1467,4401,7595,681

8,65014,1509,0008,800

16, 600

38, 72959, 69944, 75043, 73966, 397

23, 4161,982

21, 434

20.874

41. 552

24, 2213,659

20,562661431

42.998670766

1,811

470377

28.61492514

1,954

73, 6696,563

60,08873, 935

2,250382

1,8692,208

4141,7937,4741,7295,745

6,20013, 0008,1507,050

18,050

21,89047,19142,49735, 62671,603

23, 2984,114

19,184

21.070

42.140

23, 3322,258

21, 074545343

42.393647633

1,825

302254

29.64430431

1,953

84, 83217,06362,10453,253

2,002359

1,6421,848

3061,5427,6651,8075,858

4,80011, 5757,0006,000

19,125

25, 69242, 28536,04630, 59977, 066

38, 97112, 61926, 352

21.070

42.140

19,0634,017

15, 046480306

41.875611517

1,919

329262

28.99291321

1,923

77, 51318, 27849, 41653, 650

1,817338

1,4801,846

3291,5167,6101,8175,793

5,80011,125

7,1506,050

20,125

44, 62256, 98035, 25229,85081,295

34, 95914, 55620,403

20.482

40. 964

15,1443,489

11, 655513334

41.500515485

1,949

325279

28.77215309

1,829

59, 73413, 21741,19745, 373

1,845354

1,4911,864

3481,5167,6211,8235,798

6,20011, 2506,6006,100

20, 700

42, 33866, 20533,43533, 31281, 012

25, 7048,424

17, 280

20. 090

39. 690

14, 7474,518

10, 229503357

41. 798545480

2,014

300282

28.86212297

1,744

62,45814, 90943, 50044, 088

2,051339

1,7122,099

3391,7607,5651,8245,741

6,35010, 6256,3507,025

20, 035

39, 65868,06835,26637, 69678,471

31,10311,84919, 254

20.090

39. 200

12, 8382,697

10,141572331

41. 873621598

2,037

354285

29.30279351

1,672

79, 88019, 93452, 46945, 357

2,199341

1,8582,211

3381,8747,5531,8255,728

6,3509,9006,8506,950

19, 700

34, 43861, 24241,19041,26479, 397

33, 24313, 60319, 640

19.698

38.220

18, 3485,838

12,510662348

41. 662636645

2,028

400287

29.09389397

1,664

99, 09826, 85965, 73171,006

2,342344

1,9982,395

3542,0407, 5131,8125,700

6,5509,3606,4207,270

19,060

45, 93561, 46143,86545, 71675,139

45, 28821,37523, 913

19. 600

37.485

25,9284,866

21, 062672324

41. 783659696

1,991

457304

29.02522441

1,745

91,18014, 89262, 50960, 725

2,262298

1,9632,223

3481,8757,5771,7685,810

7,0008,9006,4507,400

18,400

33, 35752, 51238, 01543,12770, 027

29,07810,18018,898

19.600

36.260

28, 2094,341

23,868609350

40. 865588583

1,996

421300

28.49541425

1,861

108, 05914, 88081, 09965, 714

2,237281

1,9562,364

3592,0057,4801,6995,781

9,3509,3757,4508,75017, 350

49, 58759, 38041, 65844, 41265, 317

38, 01410, 77127, 243

19. 600

36. 260

27, 6893,59724,092

784440

41. 536610694

1,912

495326

28.01570469

1,962



1940

August

1939


berDecem-

ber

1940

Janu-ary


LUMBER AND MANUFACTURES—Continued

SOFTWOODS—Continued

West Coast Woods:Orders, new mil. bd. ftOrders, unfilled, end of month do..Production do..Shipments- _do...Stocks, end of month ___do__.

Redwood, California:Orders, new ___M bd. ftOrders, 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 ordersNew no of days' productionUnfilled, end of month . .do ..

Plant operations percent of normalShipments no. of days' production

Prices, wholesale:Beds, wooden 1926=100Dining-room chairs, set of 6 do . .Kitchen cabinets do. . .Living-room davenports do__

Steel furniture (see Iron and Steel Section).

726623655664892

35,96332,17330. 15631,290

283,907

65.0

3.02438

64.018

77.9102.388.187.2

772483580673869

32,08528, 40432,98932, 405

298, 707

59.0

3.02030

56.018

78.1102.388.187.2

674570577632838

39, 72741,02730, 29526, 772

299,358

63.0

3.02331

56.019

78.1102.388.187.2

514521600609839

30, 78239.09233, 35832, 603

296,462

66.0

5.02635

63.021

77.9102.388.187.2

513444579519908

22,00531,44531.20428,019

298,397

67.0

7.02335

65.020

77.9102 388. 187.2

463452516487930

17, 74928. 67827, 88320,802

297,976

65.0

8.01326

67.016

77.9102.388.187.2

656507535521953

25,33126.51727. 23923. 793

296,026

60.0

5.02333

63.016

77.9102. 388. 187.2

522513529538961

21, 54426,41629, 10521. 957

301,176

63.0

8.01630

65.016

77 9102.388 187.2

546520601594976

29.70432. 47228, 72727, 237

299,227

63.0

6.01525

58.016

77.9102.388.187.2

556517612606981

31,45031.37131, 20731,562

298,317

62.0

10.01523

61.014

77.9102.388.187.2

667425595662926

29, 26326, 55531,31033, 391

294,231

62.0

7.01422

62.014

77.9102.388.187.2

531383610638920

29. 50027. 46829 29328,016292, 640

63.0

4.01425

62.012

77.9102.388.187.2

8151545990

27.5825.9028.4729,36

289,07

60.

3.23

57.1

77.102.88.87.

METALS AND MANUFACTURES

IRON AND STEEL

Foreign trade:Exports (domestic), total longtons..

Scrap __ doImports, total do

Scrap doPrice, wholesale, iron and steel, composite

dol. per long ton..Ore

Iron ore:Lake Superior district:

Consumption by furnacesthous. of long tons..

Shipments from upper lake ports doStocks, end of month, total do

At furnaces . doOn Lake Erie docks do

Imports, total doManganese ore, imports (manganese content)

thous. of long tons

Pig Iron and Iron Manufactures

Castings, malleable:Orders, new short tons..Production _.do

Percent of capacityShipments short tons"

Pig iron:Furnaces in blast, end of month:

Capacity t - - short tons per day._Number _ _

Prices, wholesale:Basic (valley furnace)....dol. per long ton..Composite doFoundry, No. 2, northern (Pitts.)....do

Productiont thous. of short tons..Boilers and radiators, cast-iron:

Boilers, round:Production thous. of lb._Shipments doStocks, end of month _ _doZIII

Boilers, square:Production _ doShipments . . .doStocks, end of month.. do

Radiators:Convection type:

Sales, inch heating elements, cabinets,and grilles .thous sq. ft. heating surface.

Ordinary type:Production.. doShipments doStocks, end of month do

Boilers, range, galvanized:Orders, new, net number of boilers. -Orders, unfilled, end of month doProduction.. doShipments doStocks, end of month do

1,402,075355, 9912,105

16

37.70

5.70110. 48032. 93528. 70S4,227

194

137, 500190

22.6023. 1524. 894,238

1,8482, 73213,873

26, 18531,100107, 207

7,1478. 10329,168

64,83127,31576.40775,71038,458

477,078291.89628, 3283,729

35.95

3,7756.95532,71128,3054,349

213

18

40.00540,21247.9

33.289

98,241138

20.5021. 1522. H92,979

1,9462. 53718.403

21,44225,360120,651

1,106

5,2997.234

32.007

66.08216,69469, 65669.05929,475

575,613330,68029.8743,216

36.67

4,1857, 865

35. 85331, 2034, 650

179

43

64.73241,427

50.539, 215

118,188169

21.5022.3523.893,224

2,1814,63416,010

20,69635,593105,757

915

5, 2999, 20928.133

133. 38461.49486.06988.58426,960

591,856330,77519. 1892,305

37.62

5,2719,20139,00533, 9445, 121203

57

63.83554, 20360.3

49,807

135,033188

22.5023. 1524.894,063

2,6885,44513, 264

20.92539, 86986,890

792

6, 75410, 38724, 543

98.69251. 226110.988108,90028,988

605.555272, 65615,216

837

37.50

5,4785,440

40, 73235. 5165,216304

27

51,77859, 14369.6

54,038

138,975191

22.5023. 1524.894,167

2,2332.88211,905

17, 27323,75180, 391

660

5,6477.824

21, 424

80, 20548, 99984, 18182. 49230,677

600,437206, 40214, 7091,267

37.18

5,5380

35, 44030, 8054,635163

54

45,97853, 00365.2

53, 753

136,702191

22. 5023.1524.894,221

1,4181,74012,002

14,81616,22777,878

701

4,4745,16621,653

72, 38044,21381. 25277,16634,763

583, 521187, 4578,274442

37.09

5,2890

30. 18925. 9014,288209

39

40. 43853. 37204.2

52,088

l?3.900177

22.5023 1524.894,032

1,4562.117

11,487

16. 52515,44379,128

566

4,7354,173

21, 767

69.40730.08679,56577.53436,794

671,301234,7166,740273

36.97

4,2420

25,90722. 0873,880237

43

34, 90142. 10351.7

43,935

106.040157

22. 5023.1524.893,311

1,6481,207

11,935

20,01611,21488, 593

390

5.5303, 135

24, 222

55,02624, 53266,03960, 58036,253

603, 980206,9285,096

29

36.83

4,0880

21,86218,4123,450

167

42

35. 73039, 88148 7

42,975

104,675152

22. 5023. 1524.893,270

1,6021.079

12,454

18.7909, 25398,121

505

5,7013,19526,829

55.33919,16159, 31960.71034,862

612,906221,1526,674482

36.69

3,935465

18. 10615, 1552,951257

36

35, 29040,529

50. 141, 975

106,395157

22. 5023. 1524.893,137

2,2921,177

13, 565

17,90010.933105,043

431

5,6703.62628,896

51,06218,50751.01251,71634,158

783,964312, 4837,759

33

37.33

4,5667,24519, 00316,7172, 888

175

63

35, 56337,51145.2

40, 919

119, 905172

22.5023.1524.893,514

2,7541.334

14,923

20,92212,024114,032

691

6,5794,53930,971

72,72523.04868,81668,18434,790

936, 047318. 3695,505

1

37.69

5.2139.487

23. 51620, 4283,088

162

51

36, 50334. 70042.7

33,323

131, 300182

22.5023.1524.893,819

1,6971,613

15, 009

18. 69814,776

117,975

768

5,6974.670

31,913

75, 42731,15870, 45267,31737, 925

1,034,93327,12

3,5415

37.6

'5 .5210.38

' 28. 24' 24. 60

3,6324

45,0238.87

46.34,22

131, 7618

22.523. 124.84,0S

1.44l,6fl

13,47

17,3522.91

112, 36

4,816. 48

30,1C

85.1238, U77,8-78, H37,7(

' Revised.t Revised series. Data on pig iron have been converted from a long to a short tonnage basis; data for production beginning 1913 are shown In table 38, p. 14 of this issue.



1940

August

1939


berDecem-

ber

1940

Janu-ary


METALS AND MANUFACTURES—Continued

IRON AND STEEL—ContinuedSteel, Crude and Semimanufactured

Castings, steel:Orders, new, total- short tons..

Percent of capacity _Railway specialties short tons..

Production, total ..doPercent of capacityRailway specialties short tons..

Ingots, steel:Production!. __ thous. of short tons..

Percent of capacity.Bars, vSteel, cold-finished, carbon, shipments

short tons..Prices, wholesale:

Composite, finished steel _dol. per lb..Steel billets, rerolling (Pittsburgh)

dol. per long ton..Structural steel (Pittsburgh) dol. per lb_Steel scrap (Chicago) dol. per gross ton.

U. S. Steel Corporation:Shipments of rolled and finished steel prod-

ucts! -- thous. of short tons..

Steel, Manufactured Products

Barrels and drums, steel, heavy type:Orders, unfilled, end of month thousands..Production do.

Percent of capacity.. _. _.Shipments thousands..Stosks, end of month . do

Boilers, steel, new orders:Area thous. of sq. ft..Quantity number..

Furniture, steel:Office furniture:

Orders, new thous. of doL.Orders, unfilled, end of month doShipments do.

Shelving:Orders, new do.Orders, unfilled, end of month doShipments do...

Plate, fabricated steel, new orders:Total short tons

Oil storage tanks.. do..Plumbing and heating equipment (8 items),

wholesale price dollars.Porcelain enameled products, shipments

thous. of doL.Spring washers, shipments* doSteel products, production for sale:f

Total thous. of short tons..Merchant bars do.Pipe and tube— do.Plates.. _ do.Rails do.Sheets, total do

Percent of capacityStrip:

Cold rolled. .thous. of short tons.Hot rolled do._.

Strnctural shapes, heavy doTin plate do.. .Wire and wire products. do. . .

Track work, shipments short tons.NONFERROUS METALS AND

PRODUCTSMetals

Aluminum:Imports, bauxite .Jong tons._Price, wholesale, scrap, castings (N. Y.)

dol. per lb.Bearing metal (white-base antifriction):

Consumption and shipments, totalthous. of lb.

Consumed in own plants doShipments 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.Allother do.~

Price, wholesale, electrolytic (N. Y.)dol. per lb.

Production:Mine or smelter (incl. custom intake)

short tons.Refinery do-._

Deliveries, refined, total. do. . .Domestic do. . .Export. do. . .

Stocks. refined, end of month do

6,03387

.0265

34.00.021018.03

1,456

43695855196447

1,2751,098

237.28

195

6,480

56, 789

.0838

62, 39335.15926,446

214

.1071

79, 92680, 85197. 94496. 3831.561

198, 730

39. 69833.96.912

42. 42836.3

10,229

4,24261

42. 895

.0261

34. 00.021013.88

248851

52.285034

8901,175

1.8551,2851,932

411263440

21,8288,229

234.87

3,047184

5,402

40,644

.0702

1,999629

1,370

45,84016,17615, 582

136459

.1026

96, 68782.6

42, 21343, 59037 2

12, 449

4,76972

55,495

.0261

34.00.021016.22

1,087

7721,20473.81,207

31

1. 7521,380

2,0971,3342,048

421266418

39, 75111, 498

235.19

2,778233

i 8, 347>770i 91216281210

i 2,035165.6

i 170i 27616281 65817704,916

33,133

.0712

3,133741

2,392

35, 69617,01516, 664

128224

.1164

()

119.687102.3

58. 53072,09661.6

26, 391

6,08091

67, 599

.0263

34.00.021019.05

1,346

1,1481,61292.31,577

67

1,089997

2.1811.3652,150

526335456

37, 76610,991

235. 33

3,153262

5,658

45,660

.0712

2,635789

1,846

26. 80615, 36013,012

1,464885

.1222

99.89985 4

52. 14685. 755

73.336, 615

6,14892

67.977

.0263

34. 00.021017.66

1,406

9671, 63692.41,653

50

802

2,1201.2992.187

668511

26,0209,107

236. 33

2, 752234

6,640

54,801

.0950

2, 456794

1,661

41.04919, 93717,451

1,3641,122

.1228

64,14354.8

28. 26279. 73268. 1

33, 146

5,82291

61,591

.0265

34.00.021016.56

1,444

7681,46982.91,457

61

554477

2.0951,2472,160

540494534

23, 6276,665

236. 40

2. 632221

12.092

i 1. 184i 1,045

i 3161 2,915195.5

'24814511 8691809

1 1.0136,768

58,826

.0950

2,0*4634

1,400

62, 50529.54527.672

1,395478

.1228

3 408.7753 379.8413 536,8993 457.3153 79, 584159.485

43,12136.88. 302

80. 14668 5

34,019

5.65582

57,232

. 0265

34.00.021016.38

1,146

4501.138-65.41,158

42

534489

2,3671. 3502, 264

504443556

33,8049,781

236. 26

2.731241

6,762

50, 45fi

.0948

2,322672

1,650

63. 77531. 55829,869

1,6881

.1195

89, 59880. 501104. 54591,42813,117

135. 441

40.91335.0

10.47267. 45457 6

28, 506

4.409

46, 277

.0265

34.00.021015.75

1,009

335803

'46.280936

558411

2.2001.2862,264

481444479

25,8245,254

234. 38

2,746173

54,651

.0925

1,749429

1,321

40, 74530, 5° 828, 698

1,026814

.1115

76,14582, 76172,80963. 2159. 594

145. 393

36, 61231 37.182

58. 40449.9

22.847

4,26564

45.405

.0265

34.00.021015.69

932

243852

'49.085434

761526

2,097958

2,424

475368552

35,43512, 282

236. 57

2,776

i 9,886>9f>9•8461870i 527

t 2.324171.8

M771309153716991793

8,446

53,024

.0913

1,955514

1,442

39, 27322, 55422,485

.1116

85. 79686,29571,89364. 376

7, 517159, 795

41, 35335.3

8.84952.078

44.517, 017

3,97560

44,621

.0262

34.00.021015.33

908

235951

'54.7949

37

878630

2,2191,1692,008

494363499

36,2136,643

236. 86

2,947170

2,814236256245165580

54.3

5277

174235236

7,654

33, 449

1,664475

1,188

25,49430, 55028,134

2,101314

.1109

84,36680,96471,63968,6652,974

169,120

50.34643.0

12, 96750. 034

42.815,137

4,84170

43.654

.0265

34.00.021016.88

1,084

292930

'53.591651

1,066

2.1191.1862,102

594447510

40,40815. 590

236. 78

2,895173

3,287266295281146716

65.9

4599210248274

7,276

43,110

.0865

1,923363

1,561

35, 42228. 53227,953

10569

.1108

82,68286 02970.48569 4677.018

178.664

59,66150.1

20, 76450. 65142.5

14,483

5,533

44, 474

.0265

34.00.021018.19

1,210

3771,098'63.11,102

47r 1, 761' 1,007

2,2361.2622,160

547472522

48, 63910,100

236. 75

2,538158

3, 550326325317131749

71.2

56104234244300

6,075

44,923

.0860

1,966505

1,460

36, 23623,04114, 335

1,1977,509

.1113

79. 84586. 07765. 15561.716

3. 439199. 586

67,03557.3

20, 77057, 763

49.417,993

5,59584

52,999

.0265

34.00.021017.35

1,297

3501,08162.2

1,07553

1,6801,214

236. 75

174

3,964367357359128812

73.9

60104286239328

6,063

45,117

.0902

2,238620

1,619

38, 51222. 63517,969

4814,185

.1056

' 79.32790. 99574, 75871,2263,532

215,823r Revised.

1 Quarterly data; monthly reports initiated April 1940. *Monthly data not available. »Total for August-December.§Monthly data beginning 1929. corresponding to the monthly averages on p. 132 of the 1940 Supplement, appear on p. 18 of the April 1940 Survey.• Data are for 6 manufacturers beginning January 1940. ,fRevised series. Steel ingot production and steel products, production for sale, have been converted from a long to a short tonnage basis; data beginning 1913 for steel ingot



1940

August

1939


berDecem-

ber

1940

Janu-ary

Febru-ary- March April M a y June July


NONFERROUS METALS ANDPRODUCTS-Continued

Lead* Metals—ContinuedImports, total, except manufactures (lead con-

tent) short tons. .Ore:

Receipts, lead content of domestic ore, .doShipments, Joplin district^ do

Refined:Price, wholesale, pig, desilverized (N. Y.)

dol. per lb._Production from domestic ore- -short tons..Shipments (reported) doStocks, end of month do

Tin:Consumption of primary tin in manufac-

tures long tons..Deliveries doImports, bars, blocks, etc doPrice, wholesale, Straits (N.Y.)--dol. per lb._Visible supply, world, end of mo. Jong tons..

United States (excluding afloat) doZinc:

Ore, Joplin district:^Shipments short tons..Stocks, end of month do

Price, wholesale, prime, western (St. L.)dol. per lb._

Production, slab, at primary smeltersshort tons._

Retorts in operation, end of mo number._Shipments, total short tons._Stocks, refinery, end of mo do

Miscellaneous ProductsBrass and bronze (ingots and billets):

Deliveries short tons..Orders, unfilled, end of month do

Plumbing fixtures, brass, shipmentsthous. of pieces. _

Radiators, convection type, sales:Heating elements only, without cabinets or

grilles thous. of sq. ft. heating surface..Including heating elements, cabinets, and

grilles thous. of sq. ft. heating surface._Sheets, brass, wholesale price, mill _dol. per lb__Wire cloth (brass, bronze, and alloy):

Orders, new thous. of sq. ft..Orders, unfilled, end of month doShipments doStocks, end of month doMACHINERY AND APPARATUS

Air-conditioning (circulating, cooling, heating,and purifying) equipment, new orders :f

Air-conditioning systems and equipmentfor summer and year-round use

thous. of dol. _Blowers and fans doUnit heaters. doWarm-air furnaces, winter air-conditioning

systems, and equipment thous. of doll.Electric overhead cranes:

Orders, new doOrders, unfilled, end of month doShipments do

Exports, machinery. (See Foreign trade.)Foundry equipments

New orders, total 1937-39=100..New equipment doRepairs do

Fuel equipment:Oil burners:

Orders, new, net number..Orders, unfilled, end of month doShipments doStocks, end of month do

Pulverizers, orders, new doMechanical stokers, sales:

Classes 1, 2, and 3 doClasses 4 and 5:

Number _Horsepower

Machine tool activity* percent of capacity._Pumps and water systems, domestic, shipments:

Pitcher, other hand, and windmill pumpsunits..

Power pumps, horizontal type doWater systems, incl. pumps do

Pumps, measuring and dispensing, shipments:Gasoline:

Hand-operated _ _ .unitsPower do

Oil, grease, and other:Hand-operated doPower do

10, 230

37, 7592,878

.048536, 85151, 64343, 321

12, 47012, 926.5118

38, 0406,583

35,1168,842

.0639

49, 93950, 71564, 06544, 670

8,07617,823

.183

5211,033536694

9572,744643

165.4167. 2160.0

93.3

3,019

35,0634,484

.050436, 55645,025117,985

5,9006,2954,735.487626,3383,613

35, 7489,503

.0472

40,96034,44349, 928122,814

6,00615,542

1,721

68

787.168

413793439637

1,543

8442,414347

22. 7485,040

24, 66019, 642

14

14, 833

37663,89972.6

52, 8971,13819,890

7369,275

12, 4682,449

4,391

35, 6123,415

.054535,08659,88997,473

6,5705,0504,427.6350

31,1683,413

30, ?859,958

.0610

42, 22537, 72969,42495,615

7,53922,499

2,109

105

986.183

1,2701,513547593

1,3104,4442,472

10,970

4342,474375

138. t

36, 2795,967

35, 35216, 460

53

20,161

43986,714

74.6

47. 439860

18, 452

9627,624

12, 5542,703

4,063

35,9364,380

.055038,90366, 06073,963

7,6306,0405,247.5525

38, 2063,536

36, 7347,204

.0650

50,11743,10973, 32772, 405

8,99317,878

1,992

80

891.190

1,1782,125564638

1,403

5692,665378

166.1

33.6574,96634.65816, 675

38

18,040

37663, 26484.9

43,908949

17, 444

7688,611

14,7852,384

2,762

37,0576,355

.055044, 74864, 36558,061

7,5407,8707,629.5224

38,0353,283

41, 6639,701

.0650

53,52446,86764,40761, 522

8,49713,459

1,820

94

870.191

329

616612

4452,390719

153.3

18, 7583,63920,08518,165

45

8,225

26651, 73591.2

35, 961792

16, 993

7418,751

16,0861,914

4,164

38, 8354,234

.055042,54744,88158,777

6,94011, 36612, 518.5064

38, 2803,302

28,16313,548

.0598

57,94148,15953, 46865,995

5,52111,436

1,514

75

591.193

3431,593

567616

4,496

37,6493,710

.054747,14939,87568,539

6,6809,7808,851.4672

35, 5731,749

35,6114,097

.0564

52,39947, 28754, 86263,532

5,8518,214

1,668

45

450.191

3911,343

637585

1,5943,9793,687

10,312

4142,368435

124.5

1,263

12, 5662,90513, 30016, 764

6

4,762

20739,03893.3

29, 441976

13,389

6128,693

14, 4171,349

4002,172596

149.0

13,1083,05012,96317,144

11

3,996

12825, 51593.3

40, 2921,396

17, 469

7765,775

9,6593,244

2,958

35.9373,110

.050840, 56439,17672, 658

5,610

6,499.459433,1482,078

28,0263,551

.0553

52, 77447,18851,05065, 256

5,79917,500

1,735

392.183

3631,216476627

1,411

2501,743679

135.7

11, 2392,76711, 52215, 672

20

3,654

14928, 591

38, 540662

14, 718

1,0706,304

10, 5783,106

4,787

37,9493,892

.051944,78346, 35374, 692

5,5409,24410, 334.4709

32, 3392,635

29,3934,798

.0575

55, 47549, 74449, 90970,822

6,13414,018

1,799

297.183

3501,073

621

1,5453,2612,013

4,265

5341,683594

183.2

12, 8832,88012, 77016, 755

25

4,342

11130,17793.4

37,9771,21416, 060

1,6857,613

14, 4663,462

37,9633,705

.057131,19246,49663,610

5,9607,8557,886.468232,1492,964

31, 4245,454

.0575

52,18949, 80546, 80376, 208

6,73514,034

1,582

67

520.183

3821,005445695

2,425

7,404

40,1964,474

.050237,91846, 91962, 955

6,3607,9057,982.51480)3,677

41,1835,851

.0580

51,518

57, 22470,502

056475

4671,640515

145.2

15, 8894,37514, 39416,656

33

6,490

12529, 67793.4

33,236829

20,971

2,20111, 578

18, 5792,591

1,647

103

487.183

541,041

2,675

5201,769

391

129.1127.5133.9

18,1544,70017, 82919, 239

36

8,254

16142, 33292.5

35, 245804

22,099

2,33012, 577

20, 0812,676

4,723

36, 9573,538

.050034, 04149, 90455, 343

6,4209,225

11.611.5254

31, 8695,300

33, 5309,201

46, 57753, 93565, 227

7,18122, 287

4,9102,346

6,791

7612,196

334

164.9174.2138. 3

19, 6725, 985

18, 38719, 367

25

21738, 408

92.3

41,419928

20, 415

1,57411,072

17,9682,454

16, 581

36, 9854,392

.050C35, 34c52, 56C47, 36C

6, 33(7,32^9,181.515?

38T 73(6,56;

44, 32,-7,09*

. 062 ;

•51,17;47, 54;

• 57, 60f• 58, 79€

21, 69;

531.185

6061,124

516693

.186

46S1,09?

48c70£

49?2,43C

6

194.4209. £147. £

23,00£6,974

22, on23, 40C

16, 55

27t58, 42(

IData for August and November 1939 and January, May, and July 1940 are for 5 weeks; other months, 4 weeks. i Not reported. r Revised2 Discontinued by reporting source.*New series. For data on machine tool activity beginning January 1939, see last paragraph of footnote 6 to p. 139 of the 1940 Supplement.tRevised series. Data on air-conditioning equipment compiled on a revised basis beginning January 1939. For description of series and earner data, see p. 50 of th<

September 1940 Survey. Index of total foundry equipment new orders beginning January 1940 is based on average sales to metal-working industries during 1937-39; earlieiJafca are based on the old new orders index (1922-24 base) converted to the new base by dividing by 1.328; index for new equipment and repairs available only beginningAfay 1940.



1940

August

1939


berDecem-ber

1940

Janu-ary



MACHINERY AND APPARATUS-Con.Pumps, steam, power, centrifugal, and rotary:

Orders, new thous. of doL.Water-softening apparatus:

Shipments, domestic. units..

ELECTRICAL EQUIPMENT

Battery shipments (automotive replacementonly):

Unadjusted 1934-36=100..Adjusted do

Electrical products:Industrial materials, sales billed-..1936=100..Motors and generators, new orders doTransmission and distribution equipment,

new orders 1936=100..Furnaces, electric, industrial sales:

Unit . kilowatts..Value thous. of dol._

Electrical goods, new orders (quarterly)thous. of doL.

Ironers, household, shipments units__Laminated products, shipments..thous. of doL.Motors (1-200 hp.):

Billings (shipments), A. C doBillings (shipments), D. C doNew orders, A. C doNew orders, D. C do

Power cable, paper insulated, shipments:Unit thous. of ft..Value thous. of doL.

Ranges, billed sales doRefrigerators, household, sales- . .number..Vacuum cleaners, shipments:

Floor doHand-type do

Vulcanized fiber:Consumption of fiber paper thous. of lb_.Shipments thous. of doL.

Washers, household, shipments units..

2,556

0)

5,137372

13, 8481,408

1,2531,4631,984

'206, 380

87, 82023, 047

2, 443681

147, 878

1,585

1,236

176132

91.694.3

103.2

1,921182

' 12,147906

2,398524

2,595569

783860

1,79994, 734

74, 33322, 268

1,971528

132, 297

1,469

1,512

239154

98.5116.4

146.5

3,279291

212,00110, 5651,019

2,361474

2,7251,102

676781

1,89173,149

93,85126, 857

2,284548

138,992

1,809

1,450

219129

123.0136.5

151.6

6,103

11,1611,296

2,535555

3,1511,403

1,074824

1,71462,055

106, 53931, 362

2,722660

142,830

1,339

1,481

165118

132.0125.1

137.3

4,153368

1,348

2,730677

3,2761,047

752656

1,44255,113

108, 33832, 728

2,594748

102, 990

1,049

1,201

87

121.9161.7

123.6

9,587

254, 30211, 8541,306

3,103797

3,4721,867

655731

1,01992, 479

118,73036, 471

2,492854

77, 270

1,011

1,154

180227

124.897.3

121.3

2,084167

10,3731,257

2,733582

2,417813

554721

2,832234, 662

92,80627, 362

2,808660

119, 228

1,147

1,159

101159

110.497.9

132.8

5,634324

10,1831,173

2,686775

2,679622

561641

2,510280, 980

116,04928, 324

2,356589

142, 318

1,457

1,556

5590

113.7115.9

133.8

7,802557

238, 84612,0481,306

2,693860

2,958803

564720

2,790298, 238

147,12031,009

2,368539

149, 730

1,178

1,364

67123

112.8107.1

127.7

4,697314

11,9841,320

2,857815

3,013692

628813

2,943339, 693

139, 76830, 441

2,556537

135,179

1,809

1,623

73132

112.7117.2

126.0

4,905407

10, 5901,308

3,126830

3,039946

728902

2,932385, 688

143,83630,060

2,205554

118,987

1,963

1,237

91133

107.6160.9

r 181.9

5,381476

268,1208,5711,325

3,000866

3,1861,703

758836

2,327328, 950

120, 20024, 037

1,999458

112,134

2,437

0)

130135

113.8155.0

170.2

5,241421

11,4641,313

3,083914

3,3451,437

757998

2,053248,538

74, 56520,045

2,449556

116,422

PAPER AND PRINTING

WOOD PULP

Consumption and shipments:*Total, all grades short tons.

Chemical:Sulphate, total do . . .

Unbleached do . . .Sulphite, total . . do___

Bleached do.__Soda do . . .

Groundwood do . . .Exports, total, all grades* do . . .Imports, total, all grades* do_..

Chemical:Sulphate, total* do. _.

Unbleached* . . d o . . .Sulphite, total* do__.

B leached* do . . .Unbleached*.. do , . .

Groundwood do. .-Production:

Total, all grades do_-_Chemical:

Sulphate, total do__Unbleached do , . .

Sulphite, total _-do-_.Bleached . do . . .

Soda do . . .Groundwood do__.

Stocks, end of month:Total, all grades do . . .

Chemical:Sulphate, total do___

Unbleached doSulphite, total do_._

Bleached doSoda do

Groundwood doPrice, sulphite, unbleached dol. per 100 lb_

PAPER

Total paper, incl. newsprint and paperboardrtProduction short tons.

Paper, excl. newsprint and paperboard:fOrders, new short tons.Production doShipments. do

743,300

334, 200285, 300229, 400139,100

44, 500135, 20060,37983, 640

17, 92012,03655, 31831, 37623, 9429,557

747, 200

344, 700294,800237,100144, 20045,000

120, 300

145, 200

22, 90018, 30073, 60047,000

5,90042, 800

3.46

572,311

256,779219, 720154,07296, 27836, 310125,15010,946150, 569

45,49135,65284, 74136,85347,88819, 649

554,811

254,379216, 320158,17296,67836,410105,850

179, 300

31,00013, 50096,60058,8004,90046,800

1.95

935, 382

419,177412,156408,591

615,325

262,931220, 796187,490118, 98639,944124, 96016,873160,688

47,03238,64589,31840, 04249, 27623, 388

576, 225

256, 731221,696171,090108,48639, 944108, 460

140, 200

24,80014. 40080, 20048, 3004,90030, 3002.13

957,628

633,809434, 932456, 360

683, 934

296,712252,840207,194130,69647,053132, 97521,622216,142

57,70747, 539135,79556, 39879, 39721, 527

673,634

294,912253,440205, 394129,39646, 453126,875

129,900

23, 00015,00078,40047,0004,300

24, 2002.28

1,073,961

506,885488, 904494,882

680, 313

292,120251,192207,839130, 24947, 344133,01020,985272,049

104, 94592, 659143, 79653,49290, 30422,163

672,813

290,920251, 392207, 339130, 74947, 244127, 310

122,400

21,80015, 20077,90047, 5004,20018, 5002.28

1,046,687

426,342484,993487,467

677, 321

301,482260, 360198, 875124, 25348, 639128, 32518, 537

235,419

89,85978,493113, 81446, 20467, 61030, 465

678, 521

297,182258, 560198, 575124, 35348, 639134,125

123,600

17, 50013,40077,60047,6004,20024, 3002.51

971,482

416,102464,540463,241

698,400

311, 000270, 700202, 700126,60046,900137,80015, 713

262,171

101, 36379, 358140, 27948,88791, 39219,199

713,600

310,000267,600213, 700134,00048, 300141,600

138, 700

16, 50010, 30088, 50055, 0005,60028,1002.83

974,568

395,874459, 547439,603

645,400

279,100240,400200,300126, 30040,700125, 30027, 333158,827

47,19738, 75096,10933, 61062, 49914, 723

647, 500

280,400239,800198,100124, 20041, 900127,100

140, 800

17,8009,70086, 30052,9006,80029,9002.85

895, 059

369,670413,634393, 352

664,400

285, 500245,800206, 300125,40043,100129,60030,69473,915

21,03013,40844,17222, 83621, 3367,964

677, 700

284, 500245,100214, 000133, 50043,100136,100

154, 200

16,9009,00094,00061,0006,90036,4002.85

897,889

398,896405,824397, 553

703,600

299,400257,100224,600143, 40044,000135,60037,417109, 986

30,85624,88965,03534,06830,96713,403

708,600

299, 500257, 900212, 300133, 90043,900152, 900

159, 200

17,0009,90081,80051,5006,70053, 7002.96

937,032

489, 923433,189421, 506

765,400

334,400290,600235, 200146,00053, 200142, 70057,92381, 345

11,8156,66950,04526,82223, 22318, 446

774, 700

335, 700291, 300231,600144, 80050, 600156, 700

168, 500

18, 40010, 70078, 20050, 3004,20067,8003.18

'1,039,708

••514,683'479,257'484.801

742,100

331, 600281, 200226,000141, 50050, 500134,00040, 86493,358

17, 81713, 05853,34930, 29423, 05521,138

738, 700

327,100279,800227, 500142, 70051, 000133,100

165, 200

13, 9009,40079, 70051, 6004,700

66, 9003.34

'980,256

'471,360'454,769'472,394

735, 700

324,100277, 500235, 400145, 20047, 500

128, 80064, 70286, 426

11,3855,546

54, 88227, 66227,22019, 218

711, 800

322, 500276,800221,600135, 60048, 200

119,500

141, 300

12, 4008,700

65,90042,0005,400

57, 7003.46

956, 276

393, 556444,136442,459

•Estimated.1 Discontinued by reporting source.

r Revised.• Domestic pulp used in producing mills and shipments to market.*New series. Data beginning 1913 are shown in table 37, p. 13 of this issue.tRevised series. Data on "total paper" and "paper, excluding newsprint and paperboard" revised beginning 1934; previously reported data were distributed into months

of 4 or 5 weeks but in the new series, a week falling in two months is prorated. "Paper, excluding newsprint and paperboard" has also been revised to exclude data for kraftboard which is in part included in figures for paperboard; this revision is reflected in "total paper, including newsprint and paperboard" which is obtained by addition.Revisions not shown on p. 51 of the May 1940 Survey will appear in a subsequent issue.



1940

August

1939


berDecem-

ber

1940

Janu-ary


PAPER AND PRINTING—Continued

PAPER—Continued

Book paper:Coated paper:

Orders, new _ short tons..Orders, unfilled, end of month doProduction do

Percent of standard capacity _Shipments short tons..Stocks, end of month do

Uncoated paper:Orders, new doOrders, unfilled, end of month ..doPrice, wholesale, " B " grade, English fin-

ish, white, f. o. b. mill...dol. per 100 !b..Production short tons..

Percent of standard capacityShipments short tons..Stocks, end of month do

Fine paper:fOrders, new doOrders, unfilled, end of month ..doProduction doShipments doStocks, end of month __ do

Wrapping paper:fOrders, new doOrders, unfilled, end of month doProduction ..doShipments doStocks, end of month do

Newsprint:Canada:

Exports doProduction-.. doShipments from mills doStocks, at mills, end of month do

United States:Consumption by publishers doImports do.. .Price, rolls (N. Y.)_ dol. per short ton-Production short tons.Shipments from mills doStocks, end of month:

At mills -dO-_.At publishers __ doIn transit to publishers. __do

Paperboard:Consumption, waste paper... . .do.. . .Orders, new do._.Orders, unfilled, end of month . .do . . .Production _.. do. . .

Percent of capacityWaste paper stocks, at mills short tons.

PAPER PRODUCTS

Coated abrasive paper and cloth:Shipments reams-

Paperboard shipping boxes:Shipments, total mil. of sq. ft_

Corru^ated doSolid fiber do

PRINTINGBook publication, total. .no. of editions.

New books. , doNew editions do

Continuous form stationery, new ordersthous. of sets.

Operations (productive activity) 1923 = 100.Sales books, new orders thous. of books.

14,8964,85217,33359.7

17,03815,331

94,18346,206

6.30106,091

78.8103,83963,505

0)316.607332, 234160,123213,105258, 05550.00

86,63381, 714

18.812361,17946, 245

317,909414,966131,890452, 604

73.9245, 378

98,135

921745176

137, 202

" 18," 740

17, 2813,84619, 66370.4

18, 22615, 661

110,93041,211

5.45102, 037

78.4100, 33960, 729

36, 75910, 47038. 93237, 98361,110

156. 79759. 025151.608lr,3, 02896, 296

235. 487236. 975224, 367214, 659

206. 108195, 64450. 00

80,OflO79, 060

17,946277, 62441, 484

314.316454.817119.502443, 226

72.4246, 219

86,401

2.6352,911

276

746619127

126, 55278

17, 414

33, 88712, 86219, 40175.0

20, 44013, 807

154, 60479, 436

5.45104, 068

86.4111.46950,827

70,80741.10343. 75345, 43559, 739

252. 879140. 355160. 380169,51195, 979

228.163253. 230267. 005200,884

23S. 667250. 00550.00

77. 30978, 559

16,696283,31547, 815

320. 073628. 272290, 467445, 387

75.5214, 352

94,993

2.8153,059

244

1,204966238

137, 29978

18,947

24,10812,97124, 57391.3

24. 51613, 897

125. 56484,515

5.65122, 283

97.6122, 90150, 797

47, 56740, 80248. 00050, 03557, 752

178, 743142. 261174. 809180, 65791, 261

270, 493280. 9*5289. 260192, 609

257. 578282. 581

50. 0078, 59179, 364

15, 923285. 33350, 073

365, 396497, 834285, 935506, 466

85.6218, 649

102,186

3,4143,171

243

882772110

162, 23077

20,284

15, 7548.853

24, 46490 9

22, 86416, 134

101,09768, 694

5.70117, 290

93.6117,07951,010

37,13128, 44448, 82447. 53458, 878

155, 156108, 704176.037183. 08780, 603

253. 997288, 726287. 869193, 466

240, 571261,66750 00

78, 88681,410

13, 399295, 67550, 704

339, 335414.224204. S00482, 808

81.8215, 850

87, 504

2.9972,820177

88578699

144, 29182

19,387

14, *324. 15420, 038SO. 9

20, 89816, 151

102, 43061, 368

5.89110,731

9!. 9110,95051, 783

35, 05722,01144, 85642, 75761, 110

150.0649*. 528165. 575168, 36578, 219

255, 259240, 656264. 620169, 502

254, 781230, 09450.00

77, 83678, 283

12.9522S4, 2S343, 948

283, 228393, 123173,212429, 106

72.6247, 393

74.389

2. 5522,370

183

952819133

134,66486

15,596

14,9983. 75716, 22756.4

16. 13616,665

91,40047,479

5.95109, 936

84.4103, 99955, 249

38, 24516. 29245, 42943. 30867, 765

147, 50777, 850173. 923163. 76986, 656

225, 752251.032244, 273176, 261

218, 48819S, 760

50. 0084, 12680, 959

16.119285, 77642. 760

280, 033398,125140. 269430. 895

72.1237, 490

90,003

2.6152,444

171

681569112

140, 46384

18,361

15,1054,08414,925

55. 515, 66715, 966

85, 54641, 760

5.95100, 090

83 195, 40359, 876

35,97715,62039. 95937. 80764, 988

131.90165. 994140.600142.97590, 903

187,990231, 823211,322196. 762

216.095181,344

50. 0081, 45579, 972

17,602278, 306

38, 061

265, 066367. 97115,2%399, 070

70.8241. 242

86. 712

2. 4032,266

137

1,023805218

129,16286

15, 910

14, 5943,97514, 10155.3

15, 47913,949

98. 7S341,804

5.9598, 186

79.699, 06558, 483

38, 15015. 69739, 75630. 09564, 730

140. 03562, 586148. 805145. 04491, 935

205, 655251.279235, 304212,737

251, 269176, 88750.00

85. 14386. 930

15.815246, 22838, 727

279, 402392, 794110,039406. 922

69. 1241, 674

95, 362

2. 5242,380

144

1,3791,126253

128, 24580

17,399

19, 2316,62417, 56064.6

16, 69315,076

106, 47148,031

5.95101, 422

82.8100,68758, 375

48, 20920,61142, 26041,45564, 913

205, 323111.026150.001155.65192, 309

263, 884268. 947267. 134214, 550

244,181224, 401

50. 0086, 27785, 412

16, 680238, 67042, 329

291, 285480, 250166, 830417,566

70.9225, 577

91,707

2,6182,467151

953807146

137,82078

17,387

21.1957,80720,928

72. 120, 10716, 110

123,37961, 758

5.95115, 351

88.5109, 72362, 972

52, 92126, 22446, 06547. 50463, 797

197, 542120. 953173.472188, 08883. 505

301.209323 563334, 441203, 672

257, 565262. 9S350 00

90, 20788,912

17, 975247, 20643,312

338, 241517.221204. 249470, 244

77. 1235, 706

95,478

2,9992,821

178

74665591

142, 78080

18, 537

20,3598.61819,71774.0

20,60515,089

119.30066,165

5.95109,905

91.7114,72759,511

49. 83130.33543,48945, 77061,901

163,646115.997164,077168.41579,929

320,655315,343338,446180, 569

241,639254, 92050.00

84, 76285,194

17, 543257,56747,435

324,448437, 874195,037440, 725

77.8240,039

84, 253

949812137

163,40375

17,999

15,3215, 56119,48769.7

19,61514,927

90,25154,432

6.23106,715

84.1106,57260,424

36,18024,38842.89943,01360,750

152,004102,149168,038167,17980,961

0)332,689337,508175,750

206,913261,72750.00

82, 57986,229

13,893318,60944,679

299,781398,191160,541429,561

70.3251,823

82, 324

717608109

139,16179

18,203

RUBBER AND PRODUCTS

CRUDE AND SCRAP RUBBER

Crude rubber:Consumption, total long tons..

For tires and tubes (quarterly) _.doImports, total, including latexf doPrice, smoked sheets (N. Y.) dol. per lb_.Shipments, world. __long tons..Stocks, world, end of month do

Afloat, total doFor United States , do

London and Liverpool doBritish Malaya doUnited States do

Reclaimed rubber:Consumption . doProduction doStocks, end of month ,,__do

Scrap rubber consumption do

50,477

73,028.196

116,000570,000250.000141, 28636,00080,375

212, 774

14,17917.21329,832

51,740

38,585.167

92,000388,000120, 00066.71744,91771,195

152,029

15, 48516, 16121,402

51. 402102.64637,669

.21388. 000

386,000134. 00068.31039. 35976, 228

136,824

15. 58316. 83021,38438,321

57,155

45,622.199

115.000401.000173.000100, 500

37. 36171.662

119,404

17, 42319, M921, 694

55,677

42, 586.202

86, 000382, 000171.000114.04436. 07169, 139105, 205

16. 55119,41723, 239

49. 636115.69571, 631.200

88.000379.000152.00091.09531,00070,214125,800

14,31718.00925. 25047,649

54,978

72, 496.106

108.000434.000175.00090. 28520.00096. 478142.387

16.07019. 29727,418

49, 832

43,088. 188

112.000430. 000103.000112. 25716.00086. 223134,352

15, 37017,99228,602

50.19292. 93759, 257

.1K5112.000444. 000211.000113.61918. 00072.054142, 462

15.93117.23428, 48*43,037

70. 700.192

93,000465,000188.000102, 55722 00092. 895162,494

16,29816, 56827,558

51, 431.212

123.000471.000210.000100.36421.00078, 485161.485

15,71917. 55228,397

53. 889.222

112,000501.000235,000110.13819, 50078.029168, 245

15. 84416.63128. 32739,844

47,011

69,474.211

130,000547,000250.000139,62926. 50080,600190,608

14, 29814,34228,058

p Revised. i Not available.tRevised series. Data for fine and wrapping papers have been revised beginning 1934 to change data from 4- and 5-week totals to calendar-month figures by prorating a

week falling in 2 months. Wrapping paper has also been revised beginning 1934 to exclude data for specialty paper and boards. These data are still included in total paper,excluding newsprint and paoerboard. Revisions not shown on p. 52 of the May 1940 Survey will appear in a later issue.

JFor monthly data beginning 1913 corresponding to the monthly averages on p. 148 of the 1940 Supplement, see table 28, p.18, of the May 1940 Survey.


Monthly statistics through December 1939. to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey

1940

August

1939


berDecem-

ber

1940

Janu-ary


RUBBER AND PRODUCTS—Continued

TIRES AND TUBES

Pneumatic casings:Production _ thousands..Shipments, total do

Original equipment doReplacement equipment doExports do

Stocks, end of month doInner tubes:

Production.. doShipments, total.. do

Exports.. doStocks, end of month.. do

Raw material consumed:Crude rubber. CSee Crude rubber.)Fabrics (quarterly) thous. of lb_.

RUBBER AND CANVAS FOOTWEAR

Production, total thous. of pairs..Shipments, total.. doStocks, total, end of month do

4,6214,174

7053,354

1159,732

4 3143. 600

967,802

4.5835. 80S

16, 386

5,5114.990

f.994,289

1038,691

4. 7574, 309

657,799

5.0906, 213

16, 956

5,0765, 6581.2194,294

1468,080

4. 4574,991

987,206

67,877

4,7136, 452

15. 218

5,3925. 1011.7883,226

1468,382

5.0084,948

1087,279

5,3325,916

14, 619

4,8654.2781. 8542.276

1488,918

4, 5083, 967

1277,710

6.0495,473

15, 195

4,4694.7272.6131,979

1358,665

3,7844.394

927,036

75,799

5,3764, 185

16.388

4,9544.2701. 8052. 360

1059,348

4.2873,827

767,634

5,0446,389

15, 018

4.8884,1121,9742, 037

10110, 124

4,2113,810

717,897

5,0624.761

15, 319

5,0074.3462. 0502,203

9310, 747

4,4004,114

608,183

60,666

4,8694, 532

15, 656

5.1065,0102,0952,827

8710,881

4,6184.543

578,258

5,1283,902

16, 881

5,4155.7201.9993.626

9610, 576

4.7394,739

788,243

5, 0753.862

18,095

5,1486.9271,9254,905

968,881

4,3595,721

746,841

58,188

4,5213,737

18,886

' 4, 706' 4, 315

858' 3, 347

110' 9,299

•• 4,027' 3, 793

89' 7, 094

3,3234,567

17,641

STONE, CLAY, AND GLASS PRODUCTS

PORTLAND CEMENT

Production thous. of bbl..Percent of capacity _

Shipments thous. of bbl..Stocks, finished, end of month doStocks, clinker, end of month do

CLAY PRODUCTS

Bathroom accessories:Production ._ thous. of pieces..Shipments doStocks, end of month do

Common brick:Price, wholesale, composite, f. o. b. plant

dol. per thous..Shipments.. thous. of brick..Stocks, end of month do

Face brick:Shipments doStocks, end of month _ do

Floor and wall tile shipments:Quantity -.thous. of sq. ft..Value thous. of dol._

Hollow building tile:Shipments ..short tons..Stocks, end of month ._ do

Vitrified paving brick:Shipments thous. of brick..Stocks, end of month do

GLASS PRODUCTS

Glass containers:Production thous. of gross_

Percent of capacityShipments, total thous. of gross.

Narrow neck, food* do. . .Wide mouth, food* de-Pressed food ware* . . . do . . .Pressure and non-pressure* ..do__-Beer bottles* do._.Liquor ware* doMedicine and toilet* do. . .Oeneral purpose* _ doMilk bottles* do-._Fruit jars and jelly glasses* do.-.

Stocks, end of month do. . .Plate glass, polished, production, thous. of sq. ft-Window glass:

Production- thous. of boxes.Percent of capacity

GYPSUM AND PRODUCTS

Crude:Imports short tons..Production .. .do

Calcined, production doGypsum products sold or used:

Uncalcined doCalcined:

Building plasters doFor mfg. and industrial uses doKeenc's cement.. __ doBoard and tile, total thous. of sq. ft..

Lath.. . . .doTile do_._.Wallboard do . . . .

12,71957.9

13, 95221.5225,291

12.094

5,07073.34,653657

1,01634304186450

1,363304208106

9, 65512,533

99361.1

12, 369' 56. 513,40121,3265,727

1,1681,213376

12. 038189. 287416, 302

66. 906245, 967

6,1721,635

107. 771319,464

44,169

4,80271.4

' 4,77379885344204181550

1,446313217144

8,54810, 450

86753.4

11,93756.3

13. 10420.1605,254

1,1481,160397

12. 036167, 348451, 390

62, 527241, 785

5.4391,473

90.184316, 376

8,14943, 719

4,25068.34,97990395557150127719

1,459287202108

7,73913,663

91456.2

445, 756995, 760840, 245

286, 391

533. 79028, 2197,949

453. 486342. 0609.026

102. 400

12, 53957.3

12.82919. 8704,854

1,2821,215

12. 043183. 201466.150

64, 278236, 784

5,5111,478

89, 700324,886

8,94742,192

4,89175.54,47125690449108100929

1,60133017312

8,06118, 369

1,12169.1

11, 05352.2

10. 14720. 7794,824

1,022958375

12. 083167,329468, 357

54. 127243,491

4,8681,337

88, 422339, 038

5,88542, 261

4,30069. 13,8841446624092104

1,0151,3512811843

8,37415,812

1,14370.5

9.48842 96. 78523,4495,165

1,043877268

12.080129. 252483. 173

37, 645257, 469

4,2711,173

67. 659362, 492

2.65443, 384

4,04665.03,114

104552281191297369952151822

9, 23718,477

1,18973.2

530,089813.129

230, 207

394,59230, 8985. 955

396, 580290. 3587,33598,887

6,20528.63, 88925. 7575,617

788281

12.11258.914503,967

15.399282,992

4.0281,092

38,882366, 680

1,08942, 374

4,26361.63,726

16079638143125560

1,4122931823

9,60117, 257

1,41387.1

5,04124.84.90525. 8946,304

749710271

12.12684. 238482, 690

23, 373281, 311

3, 658945

49, 606355, 041

2,09642,159

4,12364.33,831

17979145205143646

1,3682741682

9,80713,175

1,09967.7

7,91736.37,71526, 1186,487

783781285

12.124120. 174449, 425

36, 592279, 900

4,7811,165

60, 993351, 726

2,52542, 953

4,60669.14,23119987237356206689

1, 3603191706

10,07814,302

1,10768.2

172,869584,627577,799

131,547

344.55329,9515.819

335, 530235.8906,29693, 344

10,04347.5

10. 82925. 3486,606

726743282

12.132176, 786408,147

52.495273, 526

5,4281,341

79, 089361, 660

2.89743,914

4,58468.84,33921188337510295637

1,25430617118

10, 23412, 367

1,02363.1

12,.66858.0

13.24124. 757' 6,071

790788284

12. 164196.835392,711

66. 058262,417

5,7161,389

86. 052361, 537

5,15343, 565

4,70170.54,76324895541637397617

1,26931720059

10, 07811, 721

1,06865.8

12,51458.9

13. 247• 24. 0105,907

992929282

12.116

4,42969.15,23028193231640781842

1,131273200102

9,1809,783

55.9

313,340917,234869,174

263,028

509,60230.4447.303

519,767384, 1958,329

127, 243

• 12,30056.0

13,552' 22, 7555,559

12.101

4,78071.74,53231595328466358624

1,129285207149

9,3318,522

99461.1

r Revised.•New series. Data beginning Jan. 1934 will appear in a subsequent issue.

54 SUKVEY OF CURRENT BUSINESS October ]

onthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey

1940

August

1939


berDecem-

ber

1940

Janu-ary

Febru-ary March April May June Ji

TEXTILE PRODUCTS

CLOTHINGHosiery:

Production.. thous. of dozen pairs..Shipments doStocks, end of month d o —

COTTONConsumption bales..Exports (excluding linters) . doImports (excluding linters) doPrices received by farmers dol. perlb..Price, wholesale, middling (New York) _ _ _ doProduction:

Ginnings (running bales) • _. -thous. of bales..Crop estimate, equivalent 500-lb. bales,.do

Stocks, domestic cotton in the United States,total thous. of bales..

On farms and in transit doWarehouses doMills do.. . .

COTTON MANUFACTURES

Cotton cloth:Exports thous. of sq. yd—Imports doPrices, wholesale:

Mill margins cents per lb_.Print cloth, 64 x 60 dol. per yd..Sheeting, unbleached, 4 x 4 do

Finished cotton cloth:Production:

Bleached, plain thous. of yd—Dyed, colors doDyed, black doPrinted do

Spindle activity:Active spindles thousands..Active spindle hrs., total mil. of hrs_.

Average per spindle in place hours. _Operations pet. of capacity. .

Cotton yarn, wholesale prices:22/1, cones (factory) dol. per lb__40/s, southern, single, carded, Boston do

RAYON AND SILKRayon:

Deliveries (consumption), yarn*...mil. of lb._Imports thous. of lb_ _Price, wholesale, 150 denier, first quality

(N. Y.) dol. perlb. .Stocks, yarn, end of mo.J mil. of lb__

Silk:Deliveries (consumption) bales—Imports, raw thous. of lb_.Price, wholesale, raw, Japanese, 13-15 (N.Y.)

dol. per R^-Stocks, end of month:

Total visible stocks bales..United States (warehouses) do

WOOL

Imports (unmanufactured) thous. oflb_.Consumption (scoured basis) :1

Apparel class doCarpet class do

Machinery activity (weekly average) ALooms:

Woolen and worsted:Broad thous. of active hours..Narrow do

Carpet and rug.. .doSpinning spindles:

Woolen doWorsted do

Worsted combs__ doPrices, wholesale:

Raw, territory, fine, scoured dol. per lb_.Raw, Ohio and Penn, fleeces doSuiting, unfinished worsted, 13 oz. (at

mill) dol. per yd—Women's dress goods, French serge, 54" (at

mill) dol. per yd_.Worsted yarn, 2/32's, crossbred stock(Boston)

dol. per lb._Receipts at Boston, total thous. of lb..

Domestic. doForeign do

Stocks, scoured basis, end of quarter, totalthous. of lb._

Woolen wools, total doDomestic doForeign do

Worsted wools, total doDomestic doForeign _ do

11,17412, 39625, 335

654, 50364, 74310,153

.092

.098

606212, 772

24, 4095,216

11.23.048.058

22, 0787, 872

31890.4

.227

.325

35.4441

.539.3

30,1894,761

2.529

151, 69846, 898

16, 099

24, 7997,571

1,69463

166

80, 35985, 527

146

.39

1.931

1.114

1.25630, 27822, 5407,738

12, 44812, 92424, 681

218, 79213, 494

.087

.094

1,402

23, 41111, 03111, 774

606

23, 8786,776

11.41.047.053

137, 722102, 281

7,30599, 242

22, 0127,908

31385.1

.240

.315

32.53,423

.5119.3

33, 0954,495

2.641

81, 06025, 060

16, 709

24, 7079,604

185

77,20177, 654

144

.73

.33

1.015

1.15039, 22835, 287

3,941

11, 97712, 82023, 861

624, 902649, 057

9,746.091.093

22, 2607,286

14, 151823

30, 02311,189

14.56.054.063

153, 025106, 678

8,056113, 380

22, 2327,695

30692.5

34.33,108

.5213.1

36, 8697,262

2.993

89,16027, 760

29,625

25,0068,847

1,55184

196

74,17281, 961

144

1.02.45

1.906

1.101

1.37524,41019, 0465,363

118,51440,99732,2018,796

77, 51757,26020, 257

13, 19413, 15623, 923

686, 936886, 332

13, 678.087.093

10, 079

20, 7823,924

15, 4411,417

40, 49411, 774

15.83.055

173, 256120, 460

8,322124, 201

22, 6598,581

34297.9

.277

.365

34.84,062

.539.4

41, 8586,936

3.271

89, 13535, 935

19, 832

33,98411, 274

1,79296

221

81, 686106,185

168

1.09.49

2.178

1.163

1.525(3)

11,991(3)

12, 98712, 45124, 482

718, 721583, 644

10, 679.088.098

11, 110

19, 4632,272

15, 4571,734

35, 56411,859

14.93.053.068

165, 624123,154

6,516117, 393

22, 7748,803

353101.3

.279

.378

33.35,677

.537.7

32, 2415,423

3.394

92, 52741, 927

22,909

26, 4369,238

2,041103213

80, 428103,487

157

1.06.47

2.178

1.163

1.456(3)5,601()

10, 41110, 25924, 658

652, 695806, 720

9,667.097.110

11, 276

18,1121,747

14, 5541,811

37, 89916, 322

13.61.053.066

152, 215109, 419

5,524113,100

22, 7788,040

322100.7

.274

.378

32.06,750

.536.4

21,1285,322

3.921

109, 11055, 610

26,035

22, 3787,665

2,04678

197

74, 38184,179

133

1.06.46

2.178

1.163

1.450(3)4,678(3)

109, 53344, 28631,10213,18465, 24729, 77635,471

11, 70211,14925, 212

730,1431,026,628

8,717.101.111

11, 412

11,33411, 42225,124

662, 659746, 680

36, 613.100.111

16, 3691,460

13, 1791,730

33, 31110, 332

13.36.054.065

139, 289101, 511

4,597111, 666

22, 8729,223

369102.6

.272

.375

31.85,104

.537.0

29, 5064,972

3.683

87, 02559, 225

45,082

28,1899,703

1,85369

200

73, 32871, 344

137

1.02.43

2.178

1.188

1.415(3)4,040()

15, 0181,229

12,1301,659

33, 3469,415

12.25.051062

129,174100, 707

4,581106,916

22, 8048 266

331

.255

.350

2,607

.538.3

22, 4852,175

3.061

83, 30650, 306

37, 212

21, 3028,658

1,58780

195

70, 76467, 472

127

.93

.39

2.116

1.188

1.338(3)3,247(3)

11, 09711, 46524, 756

626, 331433, 842

9,504.100.109

i 11, 481i 11, 816

13,9281,008

11, 3731,547

34, 8654,808

11.59.049.058

127, 278103, 328

5,060110,882

22, 5557,921

31794.4

.248

.344

29.81,279

.5310.4

21, 6852,213

2.951

87, 08745, 887

38, 529

17, 7097,340

1,12958

186

55, 88851, 750

100

.90

.36

1.931

1.188

1.300(3)5,342

)

41,81528,18113,63457,04522,82534, 220

10, 67910, 13325, 302

623, 893344, 609

11, 096.100.109

10, 66010,10825, 854

636, 467226, 469

14, 293.098.102

9,7118,835

26, 730

556, 529133, 530

12, 374.095.107

12,943815

10,7091,419

12,189788

10, 0871,314

11.40.050.059

127, 61497,1994,776

103, 563

22, 3018,012

32192.1

.228

.338

31. 11,962

.5311.7

21, 7402,494

2.681

85, 79842, 698

11.37.047.058

I22, 065

17,4718,544

52183

54, 65851,173

87

.89

.35

1.931

1.158

1.30013, 5538,1045,449

22, 2178,040

32489.4

.222

.338

32.2571

.5312.5

18,9972,925

2.794

92, 48543, 285

18, 466

17,0656,524

1,20958

152

60,72461,167

94

.37

1.931

1.114

1.29431, 75925, 2146,544

11.414773

9,5401,101

34,943 J 28,470 : 24,6275,813 I 6,608 ! 6,329

10.08.046.057

126,968 109,27889,204 I 78,4684,889 4, 612

98, 336 80, 744

21,9436,900

87.1

.219

.321

31.4669

.5312.8

17,3072,356

2.724

90,12241, 822

18, 666

19, 3735,798

1,40770

149

68,14766, 718

137

.88

.39

1.931

1.114

1.25044,89641, 7903,106

126, 280

34, 89312,10579,58, 99320,289

i Total ginnings of 1939 crop.r Revised. •Total ginnings to end of month indicated.2 September 1 estimate of 1940 crop. 3 Not available.IData for October 1939 and January, April, and July 1940 are for 5 weeks; other months, 4 weeks.JMonthly data beginning January 1930, corresponding to monthly averages shown on p. 155 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 this issue.

October 1940 SURVEY OF CURRENT BUSINESS oo


1940

August

1939


berDecem-

ber

1940

Janu-ary


TEXTILE PRODUCTS—Continued

MISCELLANEOUS PRODUCTS

Buttons, fresh-water pearl: |Production pet. of capacity..Stocks, end of month thous. of gross..

Fur, sales by dealers thous. of dol..Pyroxylin-coated textiles (cotton fabrics):

Orders, unfilled, end of mo.-thous. linear yd_.Pyroxylin spread thous. of lb__Shipments, billed thous. linear yd._

3,747

32.15,6813,155

2,4155,5815,143

40.45,6973,155

4,5626,2435,807

46.55,7842,660

3,5786,3716,482

44.05,9272,250

3,1325,4135,556

30.46,0141,334

2,7975,0385,148

35.76,4033,275

2,8865,1315,053

34.96,4314,447

2,3984,9304,844

38.86,4984,200

2,2274,7694,978

41.06,5393,700

2,1184,7725,003

40.56,541

r 4,173

2,0404,1024,504

6,437r 2, 339

2,2443,9314,030

30.46,304' 3, 348

TRANSPORTATION EQUIPMENT

AIRPLANES

Production, domestic civil aircraft§... numberE xports do...

AUTOMOBILESExports:

Canada:Assembled, total number

Passenger cars doUnited States:

Assembled, total ..doPassenger cars doTrucks do

Financing:Retail purchasers, total thous. of dol

New cars doUsed cars doUnclassified do

Wholesale (mfrs. to dealers) doFire-extinguishing equipment, shipments:

Motor apparatus number..Hand extinguishers do

Production:Automobiles:

Canada, total doPassenger cars do

United States (factory sales), total doPassenger cars doTrucks do

Automobile rims thous. of rims..Registrations:

New passenger cars number..New commercial cars do

Sales (General Motors Corporation):World sales:

By U. S. and Canadian plants doUnited States sales:

To dealers doTo consumers do

Accessories and parts, shipments:Combined index Jan. 1925=100__

Original equipment to vehicle manufac-turers Jan. 1925=100. _

Accessories to wholesalers doService parts to wholesalers doService equipment to wholesalers do

RAILWAY EQUIPMENT

(Association of American Railroads)

Freight cars, end of mo.:Number owned thousands..

Undergoing or awaiting classified repairsthousands. .

Percent of total on lineOrders, unfilled cars..

E quipment manufacturers doRailroad shops do

Locomotives, steam, end of mo.:Undergoing or awaiting classified repairs

number..Percent of total on line

Orders, unfilled number..E quipment manufacturers doRailroad shops do

9,8771,558

6, 5392,3394,200

(U. S. Bureau of the Census)

Locomotives, railroad:Orders, unfilled, end of mo., total...number..

Domestic, total doSteam doOther do

Shipments, domestic, total doSteam doOther do

13, 9931,510

75,87346,82329, 050

1,075

211,03148,980

24,019

21,154100,782

151

14798

196126

1,641

1388.6

18,45612, 2786,178

6,22615.6114108

6

277252109143548

46

441138

6,1544,804

11,5923,9857,607

116,74862,07454,103

57147,058

38,821

3,4751,068

99,86861,40738,461

971

182, 63343,523

12,113

7,43676,120

117

104166106

1,650

22513.8

8,7545,9732,781

8,33720.0

630)0)

1221184672341618

39162

1,913934

7,8344,4933,341

94,31646,58647, 313

41765,310

7735,804

3,9223,494

188,757161,62527,132

1,585

141,63332,983

53,072

43943

1,202586

18,1409,4618,679

109,79359,52549,734

534130,332

7737,471

11,2977,791

313,392251,81961,5731,882

212,58637,923

144, 350

47, 606 129,82156,789 110,471

128

13394

173106

1,644

19512.1

23,02818,1934,835

8,12519.6

680)0)

1361324290351916

146

159106183101

1,642

16810.4

28,90621, 0257,881

7,55818.3

644222

16514030

1104719

34462

4,8742,386

19,67610, 678

113,94164,00049,463

478134,922

6733,737

16,7569,882

351,785285, 25266.533

1,783

231,57141,286

200,071

180,133162,881

135

15410716791

1,641

1599.8

36,19328,1168,077

6,98517.0

442024

18414027

113353

32

271294

4,9011,947

22,68811,88510,803

119,63769, 70549,408

524179,930

7637,869

16,97611,054

452,142373,80478,338

2,071

246,54437,460

207, 637

156, 008

143

17710112787

1,638

1549.6

37,04927,4129,637

6,50715.9

511734

155113219239

633

241206

4,9802,258

23,03213,4769,556

105,27759,16045,617

500189,184

5931,824

17, 21312, 579

432,279362,89769,382

2,164

260,21645,650

164, 925120,809

178

20191

141104

1,640

155

250170

4,7762,611

20,1459,837

10,308

110,37160,39549,487

489187,466

7430,600

18,19312,779

404,032337,75666,276

1,850

224,62541,336

181,088 f 174,572

160,458123, 874

156

16786

145118

1,643

155

34, 509 28,11224,652 19,1599,857 8,953

i6,324

15.5773641

158119407924

123

6,49616.0

703040

1461123577325

27

298191

4,7822,797

26,49710,86315, 634

143,48383,05459,879

550212,331

6835,358

16,61212,025

423, 620352,92270,6981,918

312,37153,093

193,522

181, 066174, 625

164

17482

158139

1,645

1559.6

21,11213, 5467,566

6,60416.2

592930

139108288039

732

233

730443

15, 7938,1847,609

165,30496, 272

216,818

6534,135

295

4,2651,521

17,1839,3077,876

170,15196,51872,980

654201,068

7937, 619

19,68713,487

432,746362,13970,607

1,823

353,23955,982

21,12,

391,325,

65,1,

345,51,

277677215676539744

748553

196,747 I 185,548

183,900183,481

170

17891

174140

171, 024165, 820

157

16289

172131

1,648 } 1,649

1609.9

17,46011, 0516,409

6,67516.4

543222

170144727244

16410.2

15, 0399,7725,267

6,78116.8

887018

1521267056372

35

372

6,2991,382

14, 6096,4638,146

166,92295, 03871, 241

642162,101

7137, 762

17, 9308,739

344, 636286,040

58, 5961,266

318, 61543,504

167, 310

151, 661173, 212

235

8,7743,523

11, 2633,7277,536

140 !

13986

165117

1,645

539.5

16, 9339,9746,959

6,65316.5

97

146124814335

530

14,4683,397

231, 703168, 76962,934

825

315, 24650,913

110, 659

99, 664145,064

126

101

172r 120

1,642

1449.0

19, 76513, 477

6,50616.2115106

9

23220987

12230

723

f Revised. 2 Temporarily discontinued by reporting source.1 Not available.§Designation changed from "commercial licensed" or "civil aircraft" (1940 Supplement).



1940

August

1939


berDecem-

ber

1940

Janu-ary

Febru-ary March April I May June July

TRANSPORTATION EQUIPMENT—Continued

RAILWAY EQUIPMENT—Continued(17. S. Bureau of the Census)

Locomotives, electric, mining, and industrial(quarterly):§

Shipments, total. number. _For mining use _ do

(American Railway Car Institute)Shipments:

Freight cars, total number..Domestic do

Passenger cars, total doDomestic _ do

(17. S. Bureau of Foreign andDomesticCommerce)Exports of locomotives, total number..

Electric --- do —Steam - do—INDUSTRIAL ELECTRIC TRUCKS

AND TRACTORS

Shipments, total. number. -Domestic do—Exports -do —

2,3542,354

1212

0)(00)

813804

7997402222

1,1601,110

1212

1299336

2,6162,616

5454

1409941

87

4,3664,136

3636

15211834

5,1605,083

00

13111219

5,2425,142

1414

13

125119

6,48844

13211913

5,9005,400

11

1099811

3,2603,060

147137

10

72

1,5801,478

55

135121

14

1,4961,496

280

1412

2

0)0)0)

CANADIAN STATISTICS

Physical volume of business, adjusted:Combined indexcf .1926=100..

Industrial production:Combined indexed do ._.

Construction doElectric power _ doManufacturingcf do

Forestry tf doMiningo" do

Distribution:Combined index do

Carloadings doExports (volume) d" doImports (volume) cf doTrade empioyment do

Agricultural marketings, adjusted:Combined index do

Grain - doLivestock do

Commodity prices:Cost of living - doWholesale prices do

Employment (first of month, unadjusted):Combined index do

Construction and maintenance doManufacturing doMining-. doService doTrade doTransportation do

Finance:Bank debits mil. of doL.Commercial failures number. .Life-insurance sales, new paid for ordinary!

thous. of doL.Security issues and prices:

New bond issues, total doBond yields-. . 1926=100..Common stock prices do

Foreign trade:cfExports, total thous. of dol.-

Wheat thous. of bu._Wheat flour thous. of bbl .

Imports thous. of dol._Railways:

Carloadings thous. of cars..Financial results:

Operating revenues thous. of dol. .Operating expenses doOperating income do

Operating results:Revenue freight, carried 1 mile.mil. of tons . .Passengers carried 1 mile mil. of pass . .

Production:Electric power, central stations

mil. of kw.-hrPig iron thous. of long tons . .Steel ingots and castings do .Wheat flour thous. of bbl

127.9114.3134.4168.1155.4141.494.8

24,698

84, 568

89172

125.2

127.559 7

241 1116.5126.4233.2

118.382.0122.893.2135.9

112.4117.788.7

83.072.4

117.5146.3112.8165.6149.8135. 587.5

2,390

26,494

113,45168.194.2

76,47610, 273

37962, 708

229

29,77427,0541,429

2,394180

2,29366122

1,382

125.8

128.348.6246.0121.3130.7223.2

118.495.6112.8102.0138.0

174.4196. F,75.7

82.978.2

119.6152.2115.3168.0151.7134.990.0

2,832132

34,252

50, 59078.3100.1

82,45715,641

41773,564

295

42,96029, 57112,049

4,800153

2,38166124

1,927

133.1

139.743.2245 6143 7139.3194.2

114.380.0106.999.7138.3

96.596.0

84.779.3

121.7131.5119.7170.3136.1138 694.8

2,899154

31,900

268,08376.5106.0

91,41916,849

44479,053

270

39,68126.98511,222

3,753115

2,59086150

2,090

133.0

139.040.3

248. 1136.9128.7236.7

115.884.0

114.3102. 1137.3

151.1166.283.2

85.080.3

123.6117 6122.1171.0135.2140 290.6

2,93095

33,034

60,89074.0103.6

98,49020,635

57384, 561

248

36, 70325,14610,083

3,371101

2,60788147

1,960

133.3

138.261.7239.2136.9127.6202.4

119.182.6123.7108.1141.8

101.3107.175.2

85.381.7

122 793.8122.2171.3132.9144.789.7

3,057120

34, 759

78,99675.1101.2

101,97334,412

90372,109

200

33, 23224,5528,199

2,976196

2,53595150

1,600

138.6

145.252.1243.4146.8142.4215.6

119.786.7130.5109.7139.3

101.3105. 781.9

85.182.6

116 268.8

118.2164.7133 7149.984.5

2,674136

33,726

322,90674.499.7

90,85410, 358

72571,104

210

30,49525.8553,373

2,791144

2,526105166

1,266

131.2

136.261.6

239. 8134.2125. 4200.9

116.883.1

106. 3107.4139.6

134.8148.075.6

85.182.8

114.458.1120.5168.4131.8136.483.3

2,955105

31,820

116,51073.499.0

72,3146,598559

71,042

199

30.00025,4223,335

2,757134

2,36787140

1,247

123.0

127.061.2

239.0123.3119.0185.7

111.573.496.883.5

141.7

36.729.270.1

85.783.2

113.555.4122.6167.1132.6134.983.0

2,413111

30,265

95,03773.499.1

83,4658,628716

76,734

195

30,14525,6433,271

2,559168

2,42692157

1,257

151.0

159.897.4247.1142.4152.0318.7

125.784.6

169.5136.6140.4

60.453.491.7

85. 783.1

111.959.6

123.4164.4133.4137.682.8

2,93898

32,248

89,10972.497.0

84,6935,082520

85,980

219

29,91625, 5693,077

2,785124

2,39984153

1,344

140.6

146.976.0

269.7139.8142.5229.9

122.689.5141.0107.6142.1

114.7122.779.0

86.082.1

114.368.4

125.7164.5138.2138.3

3,340100

31,779

480,81671.880.4

110,76423,466

723100, 537

237

34,63027, 3035,760

2,930141

2,67293174

1,283

141.3

147.683.9274.2132.9160.0269.2

123.287.8152. 8106.6142.9

91.793.981.4

86.081.6

120.990.5129.2166.7142.5140.790.3

2,68291

28,530

75,59373.071.9

111, 62213, 570

50990,705

240

36,91427. 5577,657

3,504180

2,57989166

1,170

144.5

151.170.8

279.3141.7163.1260.8

125.596.9

138.0111.8143.1

131.6136.6108.9

86.782.4

124.7105.0130.3167.2149.2142.893.7

2,623

28,159

83,06272.872.5

248

2,61596

170

1 Discontinued by reporting source.§Series covers only straight electric types (trolley or third-rail and storage battery); data are available beginning 1939 also for Diesel-electric, Diesel-mechanical, and gaso-

line-mechanical or steam locomotives. Data for 1940 arc not comparable with those for earlier years which include some units of only partial United States manufacture.cfPrior to 1940, the Canadian foreign trade year ended in March and the period for closing returns for this month was extended beyond the normal period in an attempt

to include wind-up items in the figures, making March figures high and April figures low. This practice was discontinued in 1940, when a foreign trade year coinciding withthe calendar year was adopted; therefore, March 1940 trade figures show a considerable artificial reduction and April figures a considerable artificial increase as comparedwith previous years. The business indexes to which this note is appended are similarly affected since exports and imports of certain commodities are component factors.

fData on life insurance sales revised beginning September 1936. For revisions see p. 56 of the September 1940 Survey.

U. S. GOVERNMENT PRINTINS OFFICE: 1940

INDEX TO MONTHLY BUSINESS STATISTICS

CLASSIFICATION, BY SECTIONS

Monthly business statistics: PsBusiness indexes __Commodity pricesConstruction and real estateDomestic tradeEmployment conditions and

wages _Finance - .. . . .Foreign trade _ _Transportation and communica-

tions -Statistics on individual indus-

tries:Chemicals and allied products. _Electric power and ga3Foodstuffs and tobaccoFuels and byproductsLeather and productsLumber and manufacturesMetals and manufactures:

Iron and steelNonferrous metals and prod-

ucts .Machinery and apparatus

Paper and printingRubber and productsStone, clav, and glass products-Textile products _Transportation equipment

Canadian statistics

1

ige19212224

253036

37

394141454647

48

4950515253545556

CLASSIFICATION, BY INDIVIDUALSERIES

PageAbrasive paper and cloth (coated) 52Acceptances, bankers' „ 30Accessories and parts—Automobile 33,55Advertising 24Agricultural cash income _ 19Agricultural products (export indexes) 36Agricultural wages, loans 29,30Air-conditioning equipment . 50Air mail and air-line operations 24,38Aircraft „ 19,20,26,28,55Alcohol, denatured, ethyl, rnethanol 39Aluminum , 49Animal fats, greases 39Anthracite 20,21, 27,28,45Apparel, wearing 21, 22, 24, 26, 28, 54Asphalt 46Automobiles 19, 20, 21, 24, 26, 28, 29, 55Barley 42Bathroom accessories 53Bearing metal . 49Beef and veal 44Beverages, alcoholic . . 41Bituminous coal 20, 21, 27, 28, 45Boilers 48, 49Bonds, prices, sales, value, yields 34,35Book publication 52Boxes, paper . 52Brass and bronze 50Brick 53

PageDebt, United States Government 33Delaware, employment, pay rolls, wages. 26, 28, 29Department stores: Sales, stocks, collections. 25Deposits, bank 30,31Disputes, industrial 27Dividend declaration payments and rates __. 19,36Earnings, factory, average weekly and

hourW _ , 28,29,30Eggs and chickens 19,21,44Electrical equipment 20,

21,24,25,26,27,28,29,51Electric power, production, sales, revenues.- 41Employment:

Cities and States 26, 27Factory . . . . 25,26,27Nonmanufacturing . 27

Emigration and immigration 38Engineering construction 22Exchange rates, foreign . 32Expenditures, United States Government __ 33Explosives. 39Exports 35,37Factory employment, pay rolls, wages 25,

26,27,28,29,30Fairchild's retail price index „__ 21Farm wages 29Farm prices, index 21Federal Government, finances 33.34Federal-aid highways and grade crossings 22, 23Federal Reserve banks, condition of 30Federal Reserve reporting member baaks 30,31Fertilizers 39Fire-extinguishing equipment ^ 55Fire losses 23Fish oils and fish „ 39,44Flaxseed 40Flooring, oak, maple, beech, and birch 47Flour, wheat_, 43Food products 19,20,21,22,24,26,28,29,31,

33,37,41,42,43,44Footwear 19, 20, 21, 26, 28, 29,47Foreclosures, real estate 23Foundry equipment . 50Freight cars (equipment). 55Freight carloadings, cars, indexes 37,38Freight-car surplus „ _ 38Fruits and vegetables 21,42Fuel equipment 50Fuels. __ . 20,21,31,45,45Furniture 48,49Gas, customers, sales, revenues 41Gas and fuel oils 21.46Gasoline _, .__ 46Gelatin, edible 44General Motors sales . 55Glass and glassware 19,20,26,28,29,53Gloves and mittens 47Gold 32Goods in warehouses . . 24Grains 21,35,42,43

53464323235433

Newsprint .New York, employment, pay rolls, wages,

canal traffic 26,27,New York Stock ExchangeOatsOhio, employmentOils and fatsOleomargarineOrders and shipments, manufacturersPaint salesPaper and palp____ 19,20,21,22,26,28,29Passenger-car sales indexPassport s issuedPay roils:

FactoryFactory, by cities and StatesNonmanufacturing industries

Pennsylvania, employment, pay rolls, wages.

Petroleum and products.

Pig ironPorcelain enameled products.

20,21,25,27,28,

Brokers' loansB uilding contracts awardedBuilding cost3Building expenditures (indexes)Building-material pricesB utter_ _ - ,Canadian statisticsCanal trafficCandyCapital flotations

For productive uses „Carloadings .Cattle and calvesCellulose plastic productsCement 19,20,Chain-store salesCheeseChemicals 19, 20, 21, 26, 28, 29,31,Cigars and cigarettesCivil-service employeesClay products 19, 20, 25, 28,Clothing.. 21,22,24,26!Coal 20,21,27,Cocoa .CoffeeCoke I _Commercial failuresCommercial paperConstruction:

Contracts awardedCostsHighways and grade crossingsWage rates

CopperCopra and coconut oilCornCost-of-Iiving indexCotton, raw, and manufactures 20,21,Cottonseed, cake and meai, oilCrops ____ 19,40,42,43,Currency in circulationDairy productsDebits, bank .

GypsumHides and skinsHogs _Home-loan banks, loans outstandingHome mort gagesHosieryHotelsHousing . 21,22Illinois, employment, pay rolls, wages._ 26,28,29Immigration and emigration 38Imports -_„ 36,37Income payments 19

31,35 Income-tax receipts 3322 Incorporations, business, new 2423 Industrial production, indexes 19,2022 Installment loans 3121 Installment sale3, New England 2542 Insurance, life 3256 Interest and money rates . 3138 Inventories, manufacturers' 2144 Iron and steel, crude, manufactures. 19,

34,35 20,21,22,25,26,27,28,29,31, 48,4935 Kerosene . . 46

37,38 Labor turn-over, disputes . 2743 Lamb and mutton 4440 Lard_ 44

,21,53 Lead _„ 20.5024,25 Leather . . . . 19,20,21,26,28,29,31,46,47

42 Linseed oil, cake, and meal 40,33,39 Lives tock. . . . . . 43

45 Loans, real-estate, agricultural, brokers' 23,27 30,31

,29,53 Locomotives 55,56,28,29 Looms, woolen, activity 54,28,45 Lubricants 46

44 Lumber 19,20,21,25,26,27,28,29,4744 Machine activity, cotton, wool 5445 Machine tools 25,26,27,5031 Machinery 19,

30,31 20,21,25,26,27,28,29,31,33,37.50,51Magazine advertising 24

22 Manufacturers' orders, shipments, inven-23 tories 20,21

22,23 Manufacturing indexes 19,2029,30 Maryland, employment, pay rolls 25,28

49 Massachusetts, employment, pay rolls,40 wages . 26,23,2942 Meats and meat packing__ 19,20,21,25,28,29,4421 Metals 19,20,22,25,26,27,23,29

22,54 Methanol . . . 3940 Mexico, silver production_ „ 32

,45,54 Milk __ 4232 Minerals 20,27,2842 Naval stores 3930 New Jersey, employment, pay rolls, wages. 26,28, 29

Pork . _ . .Postal businessPostal savings _ _ _Poultry and eggs 19,Prices (see also individual commodities):

Retail indexesWholesale indexes

Printing 19, 20, 26, 28,Profits, corporationPublic reliefPublic utilities 22,27,28,32,33,Pullman CoPumpsPurchasing power of the dollar „Radiators „Radio, advertisingRailways, operations, equipment, financial

statistics, employment, wages20,27,29,37,38,

Railways, street (see street railways, etc.)Ranges, electricRayon 20,Reconstruction Finance Corporation, loans

outstandingRefrigerators, electric, householdRegistrations, automobilesRents (housing), index ,Retail trade:

Automobiles, new passengerChain store3, variety (5-and-10), grocery,

and otherDepartment storesMail orderRural general merchandise

RiceRiver trafficRoofing asphaltRubber, crude, scrap, footwear, tire3 and

tubes 19,20,21,22,26,28,Savings depositsSheep and lambsShipbuilding 19, 20,Shoes 19,20,21,26,28,Silk 20,SilverSkinsSlaughtering and meat packing ,

20,25,28,Spindle activity, cotton, woolSteel and iron, crude, manufactures

20, 21, 22, 25, 26, 27, 28, 29, 31,33,Steel, scrap, exports and imports.StockholdersStocks, department-store (see also manu-

facturers' inventories) „Stocks, issues, prices, sale.Stone, clay, and glass products

20,26,28,29Street railways and busesSugar .Sulphur. ____Sulphuric acidS uperphosphate.TeaTelephone, telegraph, cable, and radio-

telegraph carriers 27, 23,Textiles 20,22,25,23,29,TileTinTobacco 20, 26, 23,Tools, machine 25,26,Travel _Trucks and tractors, industrial, electricUnited States Government bondsUnited States Government, financesUnited States Steel CorporationUtilities 22,27,28,32,33,Vacuum cleanersVariety-store sales indexVegetable oilsVegetablesWages, factory and miscellaneous 28,Warehouses, space occupiedWaterway trafficWheat and wheat fiourWholesale price indexesWire clothWisconsin factory, employment, pay rolls,

aad wages 26,Wood pulpWool _._ „__ _ _ . . . 20Zinc

Page52

28,2935,36

4226

39,40402040

51,522433

27,282828

26,28,29

19,29,46

4849442431

21,44

2121,2229,52

3330

35,3638

50,5122

48,5024

19,55,56

5122,54

33,34515521

24

24,25252525

42,433841

29,533143

26,2829,4722,54

324619,

29, 435419,

48,494836

2534,36

19,,31,53

374439393944

33,3831,54

5350

29, 4527,50

385635

33,3436,4935,36

5124

39,4042

29,30243843

21,2250

23,2951

,22,5450