SCB_071942

SURVEY OF

CURRENTBUSINESS

JULY 1942

UNITED STATES DEPARTMENT OF COMMERCE

BUREAU OF FOREIGN AND DOMESTIC COMMERCE

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

George Is Busy Doing Something ElseHave you ever wished YOU could do something more to HELP WIN THIS WAR?

How many times have you made this wish only to rely on the old standby of "letting

George do it"?

Today, George is mighty busy doing something else. He is busy making planes and

tanks and guns and, for a change, is depending on YOU to do those very things you

used to expect him to do,

A Neiv Booklet . . •

SMALL TOWN MANUAL for COMMUNITY ACTION

has been printed and is ready for mailing to you, without any charge, promptly upon the receiptof your request. It will show YOU (and George too if he wants to come in on the game) just howmore can be done to help win the war. There is nothing really spectacular about the booklet orabout what can be done to help win the war. It means just one thing, WORK. Work along plannedlines, work toward a necessary objective* work by individuals, work by individuals cooperating forcommunity effort. It is packed with practical suggestions. It shows how you can help win thewar at home and how you can help to improve business in your home town. With George doingsomething else maybe you better get a copy and see what you can do.

BUSINESS CLINICS

Many of the answers to perplexing problems of allocations, curtailed services, increasing expenses,labor shortages, price regulations, priorities, rationing, stock shortages, substitute products, andtaxes, to mention but a few, may be found through the medium of local wartime business clinics,A short statement outlining the procedures to be followed in conducting local wartime businessclinics has been prepared for your use. It describes the clinics, pointing out what can and whatcannot be accomplished, and suggests ways and means of meeting the problems of present daywar conditions.

Copies of the SMALL TOWN MANUAL and WARTIME BUSINESS CLINICS may be obtained, without charge,from the Bureau of Foreign and Domestic Commerce, Washington, D. C , or from Department of Commerce FieldOffices located in important industrial and commercial centers throughout the country.


SURVEY OFCURRENT BUSINESS

JULY 1942

ECONOMIC HIGH LIGHTS 2

THE BUSINESS SITUATION 3

Copper 6

Steel 7

Food supplies 9

DISTRIBUTIVE COSTS OF CONSUMPTION COMMODITIES 12

STATE DISTRIBUTION OF INCOME PAYMENTS, 1929-41 18

STATISTICAL DATA:

Sales of paint, varnish, lacquer, and fillers—table 14 26

Monthly business statistics S—1

General index Inside back cover

Published by the Department of Commerce, JESSE H. JONES, Secretary, and issued throughthe Bureau of Foreign and Domestic Commerce, CARROLL L. WILSON, Director

Volume 22 Number 7

Subscription price of the monthly and weekly issues of the SURVEY OF CURRENT BUSINESS, 32 a year. Single-copy price: Monthly, 15 cents; weekly, 5 cents.Foreign subscriptions, 33.50. Price of the 1940 Supplement is 40 cents. Make remittances only to

Superintendent of Documents, Washington, D. C»

468808—42 1 1


SURVEY OF CURRENT BUSINESS Julv 1942

Economic HighlightsForeign Trade Dominated by Shipping, WarOur export balance continues to increase under impact of

United Nations' war needs. Exports exceeded imports by 1.25billion dollars in first 4 months. Export balance of perhaps 4billions possible this year . . . would equal previous dollarrecord, and if adjusted for price changes, would constitute un-precedented net export of goods. With our industrial andagricultural output vastly expanded, we are also sending an

MILLIONS OF DOLLARS800

6 0 0

EXPORTS, INCLUDING REEXPORTS

1939 1940 19420 D. 42-236

Value of Exports, Including Reexports, and General Imports

increasing proportion abroad. About half of exports are cur-rently made under provisions of lend-lease. Military goodsconstitute an increased share of lend-lease transfers. Importsapproximated last year's value . . . 1 billion dollars in first4 months . . . but were lower in physical volume. Importsincreasingly represent only most urgent war and civilian neces-sities. Some areas that supplied vital materials are no longeraccessible. Chief limiting factor, however, is shipping, sincelarge supplies of needed materials are still available to us abroad.

War Orders for Wool Cloth Exceed CivilianArmy requirements account for increasing proportion of un-

filled order backlogs of mills making wool cloth for men's andwomen's wear. Civilian output is restricted by drastic quotas.Limitations upon use of wool in civilian apparel have recentlybeen amended to provide for greater blending with reworkedwool, cotton, or rayon. New wool for our armed forces isunrestricted . . . large Army orders have been placed this

MILLIONS OF LINEAR YARDS125

0 0

75

5 0

2 5

0

!

T^^^^tf ~z^^^^^^^^^^^^^

1 !

1940 1941 1942 DO. 42-255

Unfilled Orders (119 Mills) for Wool Cloth for Men's and Women's Wear

year . . . wool cloth production for men's wear has advancedto high levels, is increasingly for military consumption. Pro-portion going to armed forces in 1942 promises to exceed 50percent . . . one of highest conversion rates among nondurablemanufactures. Basic reason for civilian cutailment is conserva-tion of raw material, reflecting uncertainties of shipping forimports. Reduced civilian output of cotton textiles, in contrast,results from capacity limitations, and heavy military and otheressential requirements.

Lake Ore Shipments Crucial Link in War OutputIncreasing consumption of

iron ore, reflecting growingblast furnace capacity, is dueto larger demands for pig iron.Additions being made to steelfurnace capacity, in order tomeet vast wartime steel needs,require more pig iron andscrap. Steel industry itself(in converting crude to fin-ished steel) is major source ofneeded scrap, but also musthave more from outside sources. . . lacking enough scrap formounting requirements, mustrely increasingly upon pig ironto make up the deficiency ofscrap supplies. More iron orewill be needed for iron andsteel this year than last . . .

MILLIONS OF LONG TONS50

30

20

10

STOCKS AT FURNACES AND JLLAKE ERIE DOCKS s. f \

(END OF MONTH) >i^ * \

\ I\T

SHIPMENTS BY LAKE FROMUPPER LAKE PORTS

11CONSUMPTION BY

FURNACES

1940 1941 1942

Shipments, Stocks, and Consumption of Lake Superior Iron Ore, UnitedStates and Canada

and still more in" 1943. LakeSuperior is chief mine region.Ores from other mines, shippedthe year-round b}̂ rail, supplyonly about 15 percent of totalore. Lake Superior ore cancome down Great Lakes onlyfrom April to November . . .must provide stocks for winterconsumption. Strong stockposition has been maintain-ed in iron ore. New boatsare building for the ore fleet.Large numbers of small carriersalso have been diverted to theore trade. June shipmentsraised season total to 34 milliontons, 18 percent ahead of 1941.Goal is 89.5 million tons thisyear.


July 1942 SURVEY OF CURRENT BUSINESS

The Business SituationTHE Nation took stock of its accomplishments in

war production last month, as striking gains wererevealed. Knowing that the task of production is notcompleted until the goods are delivered to battefieldsthat span the world, it found especially heartening thereport of progress made in ship construction, eventhough still far short of the necessary goal. Althoughwar production is now far advanced, further recordsmust still be achieved in the output of arms for thefighting forces. It is becoming increasingly clear thatafter everything possible has been done to stimulateoutput and imports of materials and likewise to reduceconsumption requirements and waste, the whole broadproblem of allocating scarce materials and productivefacilities among essential needs and of rationing scarcegoods among consumers emerges as the central problemof the wartime economy. To do this equitably andsmoothly and at the same time maintain a properbalance between various types of competing require-ments indeed calls for the highest type of foresight andunderstanding.

Cargo Ship Construction Points the Way to Victory.The Maritime Commission, in a significant announce-

ment early this month, revealed our progress in ship-building during the first half of the year. The total of228 ships of 2,544,000 deadweight tons delivered inthat period represents about one-third of the goal of8,000,000 deadweight tons set for 1942. Ship deliveriesin June were 66 vessels of 732,000 deadweight tons.Over the balance of the year, merchant vessels com-pleted will average over 900,000 deadweight tonsmonthly, it was confidently anticipated, if adequatesupplies of steel plates and shapes for shipbuilding canbe provided. The objective for 1943 is at least 15,000,-000 deadweight tons.

Table 1.—New Cargo Ships and Tankers Delivered by UnitedStates Shipyards 1

Year and month

1941, total for year..1942:

JanuaryFebruaryMarchAprilMayJune

Total for 6 months.

Number

228

Deadweighttons

1,088,497

197,628289, 549291,473401,632632,304731, 900

2, 544,486

1 Oee'in-going vessels of 2,000 gross tons and over.Source: U. S. Maritime Commission.

Table 1 indicates the sharp upward trend in shipconstruction which has been established. Technical

advances in the methods of shipbuilding are contribut-ing greatly to the gains shown. Adequate supplies ofmaterials and equipment, however, still constitute avital problem. Each cargo vessel of the Liberty typerequires nearly 3,700 tons of finished steel or about5,300 tons of steel ingots. But the steel must beprovided largely in the form of plates and structuralshapes. Hence the capacity of the industry to rollplates and shapes has been a bottleneck, but is nowbeing enlarged by conversion.

War Production Gains its Stride.

The President's statement that in May factories inthis country turned out nearly 4,000 airplanes, morethan 1,500 tanks, nearly 2,000 artillery and antitankguns, and well over 100,000 machine guns and sub-machine guns points to the favorable production situa-tion. That the battle for production is being won, isindicated also by the Federal Reserve seasonally ad-justed index of industrial production. Although therewas a 1-point set-back in March, it was followed by aclear recovery of 2 points in April and 3 additionalpoints in May. The resumed forward movement wasfurther extended in June according to preliminary esti-mates indicating that the June index reached 180(1935-39 = 100), up 4 points from May and 13 percentfrom a year ago. The output of durable manufactures,(a group in which consumer goods now form an almostnegligible, and war products a major portion), increased7 points or 3 percent from April to May. Transporta-tion equipment, which includes airplanes and ships aswell as other war products, increased the most—nearly8 percent in a single month.

The May increase in production was accompanied byan increase in total civil nonagricultural employment ofnearly one-third of a million, bringing employment to anew peak of 41,200,000. The previous peak of De-cember 1941 was exceeded by 121,000 and the level ofMay a year ago by 2,299,000. Almost half this increaseover the year interval occurred in manufacturing indus-tries. Shortages of materials and lay-offs in plantsconverting their facilities to war production continuedto cause employment reductions in many durable andnondurable industries. Among them were cutlery,,hardware, plumbers' supplies, radios, typewriters, andrubber goods. Gains in industries geared to the wareffort, however, more than offset these declines. For thefirst time since last November automobile plants re-ported an employment increase (5.6 percent over April)indicating a stepping-up of war production in convertedplants.


SURVEY OF CURRENT BUSINESS July 1942

Recession in Retail Trade Continued.

Sales of all retail stores during May continued thedownward trend which began last February. Totalsales amounted to $4.4 billion compared with $4.5billion in April. After making allowances for the largeprice increases during the past 12 months, the physicalvolume of retail sales is roughly 21 percent below thatof May a year ago. Sales of durable goods stores de-clined slightly in contrast to the usual seasonal rise fromApril to May, most of the decline occurring in householdfurnishings, building materials, and hardware. Theeffects of production limitation orders of the last 9months are being more strongly felt. Installmentcredit regulations are an important element in reducingthe sales of housefurnishings. While retail employmenthas remained fairly constant, employment in wholesaletrade fell contraseasonally by more than 1 percent.

Consumer Services Placed Under March Price Ceilings.

On July 1, consumer services, rendered in connectionwith a commodity, were brought under general priceceilings by a new order—the Consumer Service Maxi-mum Price Regulation. Services now must not beoffered to the public at more than their highest Marchprice. The new order was issued to meet the differentproblems involved in controlling the prices of servicesand to make more explicit the services excluded fromprice control. The latter are derived from the broadcategories of services specifically excluded by theEmergency Price Control Act. Among the serviceprices excluded are wage rates, transportation and otherutility rates, professional and personal service fees, andinsurance rates. The new order and its amendmentslist these and others in considerable detail.

In addition, the new order sets up the procedureto be followed in the case of new services or those which,being seasonal in nature, were not offered during themonth of March. Wherever possible the charge is tobe determined on the same basis as the charge for asimilar service. A cleaning establishment that cleanedno summer clothing during March, for example, woulddetermine its ceiling for such service by using the Marchcost of cleaning winter clothing insofar as operationswere similar.

The price of many services, however, cannot becalculated in this manner. Consequently, an alterna-tive procedure was established. The maximum priceis not to exceed the sum of the following items: (1)the direct labor cost, using the highest applicable wagerate paid by the seller during March; (2) the cost of thematerial, which must not exceed the price ceilings; and(3) a percentage mark-up equal to the seller's mark-upfor the most important consumer services offered duringMarch. The seller must also continue to grant all cus-tomary discounts or other allowances.

The Office of Price Administration estimates thatthe order affects close to 1,000,000 establishments in

which consumers spend around 5 billion dollars peryear. Each of these establishments is automaticallylicensed as a condition for doing business and each mustfile with the OPA no later than September 1 a statementshowing the highest March prices or the pricing methodused.

Inflation Still a Threat.

The General Regulation has been in effect since May11 for wholesale prices and since May 18 for retailprices. With services now included, it is opportuneto examine the effects of general price control in theinitial stage. Inasmuch as a number of price groupsare excluded from control it has generally been expectedthat both wholesale and cost-of-living prices, on theaverage, would continue to rise in some degree over thehighest levels attained during March.

For the week ended June 27, the weekly generalwholesale price index of the Bureau of Labor Statisticswas 98.4 (1926 = 100) up 1 point from the highestMarch weekly average, but down slightly from thepeak reached late in May. During June this indexwras fairly stable at approximately the mid-Aprilaverage. Compared with the highest March prices,food prices were up 4 percent, and prices of farmproducts, leather, textiles, metals, and chemicals wrereup fractionally. The prices of building materials,however, were slightly belowr the highest March prices.

The cost-of-living index of the Bureau of LaborStatistics reached 116 (1935-39 = 100) in May, an in-crease of 1.5 percent from March and an increase ofa little less than 1 percent from April. All the majorgroups showed some increase over March with clothingand food prices leading the rise.

Despite the extension of price ceilings to includemany services, it must not be concluded that the battleagainst inflation has been won. It would be nearer thetruth to say that the battle has just begun in earnest.The effectiveness of the price ceilings that have beenestablished by the OPA depends upon two things.First of all it is necessary that the Administrator havea large and well-trained force whose duty it is to for-mulate, administer, and enforce the various price regu-lations covering almost the entire field of business. Onmany counts, including size, complexity, and intimaterelation to many vital business operating problems,direct price control is one of the most formidableadministrative tasks ever undertaken by our Govern-ment.

Second and more important is the accomplishmentof the remainder of the program which the President out-lined in his inflation message of last April. These re-maining measures include the stabilization of wagerates and stabilization of farm prices at parity levels.This latter step thus would alter somewhat the specialtreatment afforded agricultural prices in the Emer-gency Price Control Act. The President also urged



more stringent measures to remove a large amount ofexcess purchasing power.

As the situation now stands, these companion meas-ures needed to support and complement direct pricecontrol by the Office of Price Administration have notbeen forthcoming. Hence our antiinflation defensesstill have gaps so large that the danger is still serious.It is worth repeating that the battle against inflationhas many fronts and that it can be lost by a breakthrough on some unguarded front.Wartime Exports Attain Record Volume.

A record high export balance is being established for1942, as revealed by the widening gap between exportsand imports shown in the figure on page 2. The exportbalance amounted to 1.25 billion dollars in the first 4months. Since imports are only slightly below lastyear's level, this tremendous balance is chiefly due tothe upsurge of exports. The all-time peak for a similarperiod was 1.54 billion dollars in 1919 when exportprices were 64 percent and import prices 76 percenthigher than now. In terms of 1942 dollars, the exportbalance for the first 4 months of 1919 was less than 1billion.

Our exports indicate to some extent the direct mate-rial aid, exclusive of supplies to our own forces, whichthe United States is contributing to the common wareffort. For the January-April period, the value of ourtotal exports (including reexports) amounted to 2.3billion dollars compared with 1.4 billions during thesimilar period of last year, a rise of 65 percent. Theseexports constitute an increasing share of our gross na-tional product. In the like period of 1939, exports wereapproximately 3.6 percent of the gross national output,last year they were around 4.4 percent, and this yearapproximately 4.9 percent. At this rate about one-twentieth of our total output will go abroad this year,quite exclusive of shipments to our armed forces. Ofcourse, if services are excluded, the proportion is muchhigher.

Current exports represent more in terms of physicalvolume than in any previous time, World War I notexcepted. For the same 4-month period, exports in1917 and 1918 were valued at 2.1 and 1.9 billion dollars,respectively. While exports in January-April 1920amounted to nearly 2.9 billion dollars or 26 percentmore than for the present year, export prices were thenapproximately 80 percent higher—thus indicating asmaller volume of goods in terms of quantity.Enhanced Lend-Lease Aid Provides More War Equipment.

A noteworthy feature of the present export situa-tion is the change in the terms of trade. More andmore goods—at present about one-half—are moving outunder the provisions of the Lend-Lease Act. Fromthe passage of this act, March 11, 1941, to the end of theyear, only about one-fifth of total exports moved outthrough Lend-Lease channels. Total Lend-Lease aid(which includes exports and services rendered to the

Lend-Lease countries) amounted, through May 1942,to nearly 4.5 billion dollars, and of this sum 1.9 billion(42 percent) were concentrated in the last 3 months(March-May), showing the rapid acceleration of theprogram. Not only has Lend-Lease aid increased eachquarter since its inception, but the proportion of fight-ing weapons in this total has also increased, as illus-trated in figure 1. Whereas last autumn the majorportion of total transfers consisted of foodstuffs andindustrial materials, during recent months militaryitems have accounted for more than half the totaltransfers.

Figure 1.—Percentage Distribution of Transferred Lend-Lease Goods

PERCENT

^ \ ^ v \ ^ AGRICULTURAL COMMODITIES ^

1941 1942 DO 42-243

Source: Otficc of Lend-Lease Administration.

Essential Imports Well Maintained.General imports, on the other band, have remained

fairly stable in value, totaling 1 billion dollars for thefirst 4 months of 1941 and 1942. Thus the value ofimports from neighboring countries that are still acces-sible has gone far to offset the dollar value of the com-modities cut off through the capture of territory andthrough other enemy action. When rising prices areconsidered, however, imports in physical volume aredown about 16 percent; and there is, of course, no com-pensation from the point' of view of the war effort forthe physical loss of such vital materials as rubber, tin,and sisal.

A noteworthy feature of our import trade is theshrinkage in gold imports. They are running cur-rently at an annual rate of about 425 million dollars.This is conspicuously small in relation to the 17 billiondollars of gold that poured into the country duringthe previous 8 years at an average rate of over 2 bil-lions per year.

The major reason for the diminution of the gold inflowis the liquidation of the gold reserves that various coun-tries had accumulated. For example, gold reserves ofthe United Kingdom early in 1938 were valued at over4 billion dollars. From the Czechoslovak crisis to theoutbreak of the war, the flight of capital to this countrypractically halved these reserves, and by September1941 Britain had available only about 150 million dol-lars in gold. Most of the continental countriesDigitized for FRASER

http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

6 SURVEY OF CURRENT BUSINESS July 1942

experienced a similar depletion of their reserves.Furthermore since 1937 and before Pearl Harbor,Japan (with foresight) had traded most of her gold tous for war materials.

The import of gold from most of Europe and a largesection of the Orient is no longer possible. In addition,the terms of the Lend-Lease Act have eased the pressureon the small gold stocks which still remain in the handsof the other United Nations and Good Neighbor coun-tries. Undoubtedly, most of our imports are now com-ing from gold currently produced. Gold productionoutside the United States and Russia amounts to about1 billion dollars a year. The United States currently isreceiving about one-half the gold that is being produced.

The war in various ways has left its deep imprint onour foreign trade. Problems of the scarcity of shipsand of commodities come to a focus here. This coun-try's industrial output is running 19 percent ahead ofthe same period last year, exports 31 percent ahead,but imports are 16 percent smaller in physical volume.These relationships help to explain why allocation andrationing are becoming increasingly the order of the day.End-Product Control over Materials Instituted.

Accomplishments reported in the field of war pro-duction, and others in prospect for the months aheadmake severe demands upon the supplies of many rawmaterials. Examples are copper, steel, nickel, tin, zinc,and numerous chemicals. Military requirements forthese materials are so substantial as virtually to pre-clude all except a minimum of essential industrial andcivilian consumption. Salient aspects of copper andsteel are considered below. In order better to controlthe use of these and other materials where the supply iscritical, the War Production Board has instituted theProduction Requirements Plan. Manufacturers arerequired to submit a statement of scheduled productionduring the ensuing quarter, the materials necessary forthat production, and the inventories of materials onhand. The amount of materials each manufacturermay consume is then determined on the basis of thesupplies available and the relative importance of thefinal uses to which his products will be put. The planis expected to establish close control over the utilizationof critical materials, bringing inventories into line withcurrent requirements and affording a constant checkupon actual performance.

Copper

Sharply increased military requirements for copperhave raised total demand above the level of maximumavailable supply. The outstanding fact of the situationis that war needs will take a major part of the supply,and are continuing to rise far more rapidly thanproduction of the metal.

The factors involved in balancing supply and demandare: increasing the production of foreign and domestic

copper; providing the necessary ships to import allavailable foreign supplies; and curtailing demand byallocating the available supply to only the most essen-tial uses. The last is of primary importance, sincecopper production apparently cannot be increased toany considerable extent, especially in the United States

Figure 2.—Domestic Production of Refined Copper l

THOUSANDS OF SHORT TONS125

100

75

50

25

MONTHLY AVERAGEFOR YEAR

tIy

/

Vy/

//y.y.y.

-f-1940 1942

DO. 4?-%}7

1 Data include copper produced from domestic and duty-free foreign materialsand cover the output of primary refineries including some scrap refined to standardgrades.

Source: Copper Institute.

Heavy War Requirements Necessitate Sharp Curtailment ofCivilian Uses.

The largest military requirements are for small armsand ammunition, other ordnance items, and ships, andit is also notable that these items are expected to showlarge increases during 1943. Tremendous quantitiesof copper are needed in the manufacture of artilleryshells. Copper also plays an important role in theconstruction of ships, being required for fittings,pumps, electrical wiring, and many other parts goinginto a naval or commercial vessel.

The expansion of the military program has necessi-tated drastic curtailment of civilian demand to usesessential for the continued functioning of industriesand public utilities as well as the minimum require-ments for the health and safety of the civil population.The greatest reductions in civilian use are in automo-biles, building materials, and electrical appliances.The drop in the use of copper for automobiles resultsfrom the conversion of that industry to war production,and the total elimination of output for private use.Similarly, the sharp decrease in the use of copper forbuilding materials and for electrical appliances andother consumers' durable goods reflects the curtailmentof new residential construction and the diversion ofcritical materials to military use.

Notable exceptions, however, to the general curtail-ment in the nonmilitary use of copper are the increasesfor electric utilities, showing the need for greaterplant capacity to generate and transmit the powernecessary to war industries, and the increase in the useof copper for tools, reflecting the general rise in indus-trial activity.



Table 2.—Domestic Production and Deliveries of Copper[Thousands of net tons]

Month

January..FebruaryMarchAprilMay _June ..JulyAugust _ - _ _September...!October _NovemberDecember

Total _ . __

Output from domestic rr

Mine or smelter1

1941

83.379.285.788.090.382.682.184.781.886.084.788.5

1,016.9

1942

88.380.192.194.3

101.7

Ren

1941

93.893.795.389.789.488.686 985 481.686 684.889 9

1, 065. 7

aterials

aed2

1942

90.081.789.690.798.6

Domestic deliveries ofcopper refined inUnited States fromdomestic and for-eign blister, etc.3

1941

4 119.8< 112.8

134.3123.6148.3121.3150.1119 9125 6126 6124.6138. 6

4 1, 545. 5

1942

130.5107.6111.1106.7134.1

1 Mine or smelter production or shipments, and custom intake including scrap.2 Includes small proportion of copper refined from duty-free foreign blister, etc.3 Exclusive of copper refined abroad and imported into the United States.4 The data for January and February 1941 do not include copper refined from dutypaid foreign blister, etc.

Source: The Copper Institute.

Domestic Output Increased.Imports, particularly from South America, it is hoped

will increase during 1942 and 1943. Purchases by theMetals Keserve Company will aid this development.A premium of 5 cents over the basic ceiling price of 12cents per pound for copper has also been offered forthe output of certain domestic mining properties inexcess of individual quotas. Deliveries of domesticcopper at 17 cents, however, thus far have made onlya negligible contribution to the total supply.

A record smelter production of almost 101,700 shorttons, as shown in table 2, was achieved during May.Production, according to the Copper Institute, was95,221 tons from domestic and duty-free (Cuban andPhilippine) ores, and 6,462 tons from secondary ma-terials delivered to the smelters. The May output was7 percent higher than the previous record of 94,596tons set in April 1937.

Electrolytic refinery capacity, which is approximately1,572,000 tons per year, should be sufficient to handleexpected deliveries of domestic and foreign ore andconcentrates. The refineries produced 98,632 tons ofcopper from domestic materials during May (see fig. 2)bringing the total to date for 1942 up to 450,597 tons.Of the foreign copper reaching this country, a partarrives in unrefined form and is also processed bydomestic refineries. Shipments to fabricators, includingcopper refined from foreign as well as domestic mate-rials, increased to 134,079 tons, or 26 percent higherthan April deliveries. Withdrawals of 6,406 tons fromrefiners' stocks brought their inventories down to77,383 tons.

With military demand rising more rapidly thancopper output and with civilian uses already cut tominimum requirements, great importance attaches toefforts being made to maintain and if possible to step-up domestic mine production. The migration of laborto other war industries, shortages of machinery and

equipment, and the time necessary to bring new, smallfields into operation, however, are factors which maylimit output from domestic ores (plus small quantitiesof duty-free Cuban and Philippine ores, the latter, ofcourse, no longer accessible) to not much over 1,100,000tons this year. The availability of labor is the primefactor which determines the possibilities of increasingdomestic mine output, as well as maintaining thepresent rate of production.

It is also of the utmost importance to recover all ofthe copper now "frozen" in the hands of fabricators bycurtailment orders, and to increase the collection ofused copper and brass scrap. The principal sources ofused copper and brass scrap have been wire reclaimedfrom public utilities and telephone systems, junkedautomobile radiators, and old plumbing, but additionalquantities may possibly be recovered by drawing inhousehold and other relatively small stocks of copperand brass scrap.

In addition to about 1,800,000 tons of foreign anddomestic copper this year, " frozen" inventories mayyield 300,000 tons. Another source is the copper andbrass ingots produced from used scrap, which areadapted to certain uses. The latter may bring thetotal supply up to 2,400,000 tons in 1942.

Steel

Steel output this year is expected to approximate86 million tons. This volume would, as indicated in

Figure 3.—Production of Steel Ingots and Steel for Castings

MILLIONS OF SHORT TONS100

20

I9I3'I4 "15 '16 '17 '18 ' 19'20'21 '22'23'24'25'26'27'28'29 *3O *3I '32*33 '34*35 '36*37 *38'39 '40 '41 '42

Sources: Data for 1913-41, American Iron and Steel Institute; 1942 estimate, U. S.Department of Commerce on the basis of available monthly data of the AmericanIron and Steel Institute.

figure 3, be without precedent. It would represent anincrease of about 3 million tons over the 1941 recordproduction. From mine to rolling mill, the industry isoperating under extreme pressure to achieve maximumoutput. New facilities are also being installed to effecta moderate expansion in steel capacity. More steel,however, will probably be needed, at home and abroad,than we have or shall have the means of producing.This is due, of course, to the great increase in militarydemands for steel. The answer to increasing militaryrequirements is, in the main, to curtail other uses ofsteel. Now that the less essential civilian consumptionDigitized for FRASER


8 SURVEY OF CURRENT BUSINESS Julv 1942

has been largely dispensed with, however, the remainingnonmilitary uses are, in varying degree, of considerableimportance to the functioning of our wartime economy.

Important Civilian Uses Curtailed by Conversion of Finish-ing Facilities to War Products.

The first problems to be encountered under the im-pact of military demands, had to do with the industry'scapacity to manufacture such specific products as platesfor ships or castings for tanks. The principal means ofsatisfying the military requirements for finished steelproducts has been to convert plant facilities. Platesafford an example of this. Shipments of plates in Junewere 1,051,000 tons, over twice the shipments in June1941. This increase has been accomplished largely byconverting strip mills to the manufacture of the lighterplates. During June, 490,000 tons of plates were madeon continuous strip mills.

The effect of conversions, however, frequently is tocut down the flow of steel products which otherwisewould have been available for important industrial orcivilian uses. An instance of this is the conversion ofplants formerly making castings for railroad equipmentto the production of armaments. Shipyards, more-over, are currently receiving more plates than they canuse because of the limited production of structuralshapes. It will be necessary to curtail the output ofother products made on the same mill equipment inorder to provide the increased output of shapes. Thuswhile conversion increases the capacity for some prod-ucts, it makes serious inroads upon the industry'sability to manufacture others.

Steel Furnace and Blast Furnace Capacities Increase.

The steel industry has not, under peacetime condi-tions, normally had sufficient facilities to produce thesteel ingots needed to operate its finishing plants at fullcapacity. Entering the present war, therefore, it facedan initial handicap in the matter of raw materials.Steel furnaces at the beginning of 1940 were rated at81.6 million tons annual capacity. This was increasedto 86.1 million tons by mid-1941, and to 88.6 milliontons by January 1942. The current steel ingot andcastings capacity of the industry is somewhat higherwith additional furnaces building.

The expansion in steel furnace capacity, of course,calls for a greater flow of the raw materials for steelmaking—scrap and pig iron. The steel furnace outputof 82.8 million tons last year required about 47 milliontons of pig iron and 42 million tons of scrap. Some 9million tons of pig iron and a substantial quantity ofscrap were also consumed in castings produced by thefoundry industry. Blast furnace capacity increasednearly 5 million tons during 1940 and 1941. Produc-tion last year was 55.9 million tons. In the first 4months this year, pig iron output amounted to 19.3million tons, or an annual rate of 58 million tons.

More Scrap a Vital Steel Need.

The scrap needed in such large volume in makingsteel, and in lesser amounts for the production of pigiron and castings, is to a considerable extent a by-product of the industry's manufacturing processes. Inconverting crude steel into steel products, roughly 80percent of the steel ingots consumed become scrap, andare returned to the steel furnaces. Except as steel isexported in crude or semifinished forms, the supply ofthis "home" or process scrap tends, of course, tokeep pace with steel ingot production. The industryalso uses, however, substantial quantities of "purchased"scrap (as distinguished from "home" scrap) originatingoutside the iron and steel industry. In 1941, for ex-ample, when the consumption of scrap for all uses (seefig. 4), including the production of pig iron and cast-Figure 4.—Consumption and Stocks of Iron and Steel Scrap

MILLIONS OF SHORT TONS7

STOCKS (END OF MONTH)]?

\ /^CONSUMPTION ^

V

+ MONTHLY AVERAGE FOR QUARTER

I I I I I I 1 1 I I i I | | I | I I I I 1 I I 1 , I I i I I 1 I I I1939 1940 1941 1942

1 Data for stocks through June 1941 and for consumption through December 1940are for the last month of each quarter; data for consumption, January through June1941, are monthly averages for the quarter. Data beginning with July 1941 are monthly.

Source: U. S. Bureau of Mines.

ings as well as steel ingots, amounted to 61 million tons,"purchased" scrap accounted for almost 45 percent ofthe total. The proportion of "purchased" scrap tototal scrap consumed is of course substantially higherfor pig iron and castings than for steel. The sources fromwhich "purchased" scrap is obtained include othermanufacturing establishments processing steel, auto-mobile junkyards, obsolete industrial equipment, dis-carded farm machinery, abandoned street railways,demolition of buildings, etc.

Whenever less scrap is used in producing steel, itsplace, of course, must be taken by pig iron, and as agreater proportion of pig iron is used, it also becomesnecessary to charge additional iron ore into the steel fur-nace (as an oxidant to assist in removing impurities fromthe pig iron). Higher proportions of pig iron and ironore in the charge also have the effect of slowing downfurnace "turnover" and yield less steel from each heat.With blast furnaces operating at capacity and stillunable to satisfy the demands for pig iron, however,the steel industry could use at present vastly morescrap from outside sources. This increased tonnage ithas been able to obtain only in part, and is now depend-


July 1942 SUEVEY OF CUERENT BUSINESS 9

ing more largely upon pig iron and iron ore for steelfurnace charges than has been the practice in recentyears. The result is extreme pressure upon the blastfurnaces, as well as upon facilities for the miningand transportation of iron ore (see p. 2). Approxi-mately 101 million (net) tons of iron ore were utilizedlast year in the production of pig iron and steel, to-gether with about 48 million tons of coke. Outputof byproduct and beehive coke, amounting to 64.8million tons, required 93.1 million tons or about one-fifth the total consumption of bituminous coal. Cokeproduction in the first 6 months this year advanced to34.5 million tons, or an annual rate of about 69 milliontons.

Food Supplies

Food consumption this year is expected at least toequal, and may surpass, last year's record. Some in-dividual food products, of course, will be short thisyear and next. Examples are pork, lard, canned fish,canned vegetables and fruits, sugar, and importedbeverages—coffee, cocoa, and tea. Domestic suppliesin the aggregate, however, probably will be well main-tained given favorable yields from this year's crops.Although a nation can carry on in wartime with foodconsumption severely restricted—with far less food thanconsumers can apparently count upon obtaining here—the ample food supplies available in the United Statesare, nonetheless, an element of strength.

Food ordinarily accounts for about one-third of ourconsumption of commodities and services. With foodsupplies large, consumer expenditures will need to becurbed less drastically, through taxation and relatedfiscal measures, than might otherwise be required. Ifrationing of food moreover can generally be avoided,except in a relatively few instances such as sugar, thewartime task of organizing and administering civiliansupply should be much simplified. Large supplies offood in this country are also important because, inaddition to the war equipment being furnished the otherUnited Nations, we are likewise affording material aidto both fighting forces and beleaguered civilian popula-tions in the form of food shipments.

Factors in the Food Supply.Food stands in striking contrast with many other

important consumer commodities. Lowered livingstandards are the inevitable counterpart of almostunlimited military requirements—the result of divertingto the prosecution of the war every resource that can bemade to serve that end. That food should be an ex-ception has been due, in the first instance, to the possi-bility of enlarging farm output and maintaining it atenhanced levels without coming into serious conflictwith direct military or war production needs for ma-terials, facilities, and manpower. This expansion infarm output to meet wartime needs has been facilitatedby the fact that prior to the war, agricultural production

468808—42 2

was largely controlled and restricted (the twofoldpurpose of such restriction being to conserve soil re-sources and to attain certain income goals for farmers).Greater demands for food arising out of the war dic-tated a change, beginning early in 1941, from this policy,to one of relaxing or removing restrictions and encour-aging larger farm production. (Farm income goals havebeen achieved as a matter of course.)

This growth in farm output has not been without itsspecial wartime problems, none of which, however, hasso far proven insurmountable. Farm supplies, for ex-ample, of certain fertilizers and insecticides, of baggingmaterials, rubber tires, and new farm machinery andequipment are limited—but without apparent effect inretarding the upward course of agricultural production.Farm labor supply, which proved troublesome duringWorld War I, is again a potential problem. Measuresare being taken, however, to satisfy the more pressingof farm labor needs, including the organization ofseasonal farm labor supplies. American farming hasnot experienced—and probably will not be called uponto face—anything like the dislocation of labor supplythat has occurred in British agriculture, yet the outputof the latter (only a fraction, however, of that country'stotal food requirements) has been greatly expanded.

Since food is consumed for the most part in processedform, the larger food output in the United States hascalled for additions to plant capacity in certain foodmanufacturing industries—examples are plants packingtomatoes, peas, and green beans; producing evaporatedmilk; and drying vegetables, fruits, eggs, and milk.Generally these have been made even though sometimesin conflict with direct military and war productionrequirements for machinery and scarce materials.Another major problem of food processing, and one forwhich there appears to be no immediate solution, growsout of the restrictions necessary upon the use of tin-plate in canning. The upshot of this, however, willprobably be heavier consumption in fresh, frozen, ordried form, involving, of course, some loss of convenienceand perhaps some change in seasonal patterns of con-sumption for certain foods, but no material effect uponaggregate supplies. Food processors in some localities,moreover, will continue to encounter tight labor con-ditions—an experience common to many industries inthe current period.

The United States, in contrast, for example, with theBritish situation, is comparatively independent ofimported foods. The principal exceptions are sugar andcoffee, cocoa and tea. Imports also play a lesser role inthe supply of vegetable oils. Since overseas supplies aregenerally adequate, imports of food into this countryare now governed almost exclusively by the availabilityof shipping for that purpose.Foreign Food Requirements Increasing.

The final factor of importance affecting domestic foodsupplies is foreign requirements. Food purchases by



the United States Department of Agriculture sinceMarch 15, 1941, have been made largely for export tothe other United Nations, and amounted to over 1billion dollars through May 1942. As shown in table3, these purchases consist chiefly of certain livestockproducts, selected out of consideration for nutritionalrequirements and shipping conditions—pork, lard, eggs,and manufactured dairy products, which together ac-counted for over 80 percent of the total in the first 14/2months of the purchase-for-export program.

Foreign requirements for the food products of theUnited States are not static. This country is but oneof several overseas sources supplying food to otherUnited Nations. It may be called upon in the futureto furnish a larger proportion of their total imports offoods. Our shipments of food necessarily depend uponthe shipping available and the other uses to which itmust be put. More food doubtless will be sent whenit is practical to do so. United States Department ofAgriculture food purchases have been heavier in recentperiods, with nearly 580 million dollars so expended inJanuary through May this year. They are expectedto increase in coming months.Table 3.—Commodity Purchases by the United States De-

partment of Agriculture, March 15, 1941-May 31, 1942 1

[Millions of dollars]

Commodity

MeatsPorkCanned fish

Dairy products, except butterCondensed and evaporated milkCheese . . _. . . . . _

Eggs _Fats and oils . _ . __

Lard .CerealsVegetables and fruitsOther food products . _

Total foodsNTonfoods (cotton, tobacco, naval stores, etc.) _

Total

Amount

35431824

227]2680

22596

249721

1,044182

1,226

1 Including the value of commodities (163 million dollars) made available for lend-lease operations by the Commodity Credit Corporation.

Source: Compiled from data of the U. S. Department of Agriculture.

We must be prepared, taking a longer view, not onlyto send larger quantities of food to other United Na-tions. For this war will not have been won, even afterfighting ceases, until the peoples exhausted and shat-tered by war recover physical and economic strengthto take their places in the post-war world. We knowthat the need for American food will be acute in theimmediate post-war period, and may press even moreheavily upon our supplies at that time. It is evidentlydesirable in addition to current war shipments of food,also to establish sizable food reserves which may bedrawn upon promptly when the war ends. The accu-mulation of such reserves will become an increasingfactor in domestic food supplies.Larger Volume of Livestock Products for Consumption and

Export.

The farm program for larger food production,launched in the spring of 1941, has aimed chiefly at

increasing the output of livestock products, includingmeats, animal fats, dairy products, and eggs, and ofvegetable oils. The generous measure of success alreadyattained in the case of livestock is reflected in prelim-inary estimates of production for the calendar year 1942shown in table 4. Meats including chicken and turkey(but not fish) are expected, in the aggregate, to surpass1941 output by at least 11 percent. The increase inmilk production will approximate 3 percent, while thatfor eggs will be about 15 percent. This rise in the out-put of livestock products has, of course, required amuch heavier—in fact, a record—input of feed grainsand high-protein (byproduct) feeds. So heavy is thecurrent and prospective rate of feeding that the indi-cated 1942 production of feeds will probably fall belowtheir use in the ensuing crop year (1942-43). The largestock of corn accumulated in recent years thus assumesspecial significance because this year and next it per-mits feeding in excess of current feed production withoutcutting feed supplies down to seriously meager levels.

Table 4.—Annual Production of Selected Livestock Productsfor Food, 1939-42

Product

Beef and vealPorkLardLamb and muttonChickens (dressed weight) . . _Turkeys (dressed weight)Eggs - -All milkButter (farm and factory)Condensed and evaporated milk

(case goods, unskimmed).CheeseDry skim milk for human con-

sumption.Dry whole milk

Unit

Mil. lbdo

___dodo

. , dodo

Millions^.Mil. lb

__ do__.do

d o -do

do

1939

8,0028,6602,037

8722,546

42242, 727

106, 7922,2102,207

709268

24

1940

8,1609,9582,343

8772,520

48243,544

109,5102,2392,529

784322

29

1941

9,1309,4512,282

9252,722

47445,943

115,4982,2643,357

954366

47

1942, es-timated

9,80011,0002,650

9503,118

51552, 840

119,0002,3153,350

1.140560

75

Source: U. S. Department of Agriculture.

Livestock products, however, comprise the majorpart of food shipments to other United Nations (seetable 3). United States Department of Agriculturepurchases of certain of these livestock products are com-pared with production quarterly in table 5. These pur-chases have increasingly tended to absorb all, and more,of the gains in output. The Department's buying ofpork, for example, rose to approximately one-third ofFederally inspected production in April and May thisyear, and is apparently to be continued at or abovethat rate through September at least. On that basis,pork purchases would exceed those made in April-September 1941 by about 1 billion pounds. Lardpurchases made by the Department were stepped upto nearly 70 percent of the April and May output ofinspected packing plants, and may total two-thirds ofproduction in the next several months. The sub-stantial increases this year over 1941 in the foreignrequirements for pork and lard will result in a reduceddomestic consumption of these foods, and as a con-sequence the domestic consumption of meats and offats and oils will probably also be somewhat lowerthan last year. Except for beef, veal, lamb, mutton,


July 1942 SURVEY OF CURRENT BUSINESS 11

chickens, and turkeys, moreover, the larger output thisyear of other principal livestock products will, for themost part, be either sent abroad or accumulated forshipment later in response to foreign needs.

Table 5.—Domestic Production and Purchases by the U. S.Department of Agriculture of Selected Food Products

[Millions of pounds]

Product

Pork:Production i

Change from year be-fore

Purchases 2

Lard:Production i


PurchasesFluid milk:

Production, total on farms3 .Change from year be-

forePurchases, whole milk

equivalent4

Evaporated milk, unsweet-ened :

ProductionChange from year be-

forePurchases

Cheese, factory:Production


PurchasesDry skim milk for human con-

sumption:Production

Change from year be-fore -

Purchases

1941

Secondquarter

1, 504. 5

+0.6138.0

381.2

+24.4115.5

33, 690

+ 1 , 823

489

934. 5

+141.971.3

274.9

+29.033.0

119.8

+16.83.4

Thirdquarter

1, 270.0

- 2 4 . 3178.7

298.7

+19.967.3

30, 769

+1,617

752

870.8

+ 184.0134. 1

265.1

+37. 441.7

88.2

+8.310.7

Fourthquarter

1, 939. 3

-120.6156.3

459.4

+17.3105. 9

25, 502

+ 1 , 421

2, 106

812.5

+357. 9509. 6

215.3

+50. 888.2

75.6

+11.915.4

1942

Firstquarter

1, 840. 2

+209. 5243. 3

463.9

+77.3146.5

26, 640

+ 1,103

2,270

943. 0

April andM a y

1,164.9

+125.0380.3

262.0

- 3 . 5178.6

22, 426

+794

1.804

797. 5

+399.1488.2

230.7

+69.4108.8

121.4

+39.053. 5

+194. 3383.4

239.3

+70.067.9

126.3

+48.277.5

1 Production from Federally inspected slaughter, excluding production from farmand uninspected slaughter, which is estimated only on an annual basis. Inspectedslaughter accounted for 67 percent of the total production of both pork and lard in 1941.

2 Pork purchases include principally cured and canned products. The loss ofweight in further processing makes these purchases not altogether comparable withthe dressed weight of pork produced. The equivalent dressed weight of the curedand canned products purchased has not been estimated. In terms of dressed weight,however, they would represent a somewhat greater poundage than shown.

3 Excludes milk sucked by calves and milk produced by cows not on farms.4 Whole milk equivalent of butter , condensed and evaporated milk, cheese and dry

whole milk purchased.

Source: 17. S. Department of Agriculture.

Larger Per Capita Consumption of Most Foods Indicated.The general outlook for consumption this year, as

shown in table 6 on a per capita basis, is one of moderateincreases over 1941 for most foods. Meats will be anexception. The larger supplies available of beef, veal,and lamb and mutton will fail fully to offset the diver-sion of pork from the domestic market, but the totalconsumption of pork and other meats, nonetheless, willapproximate that in 1940, and will be substantiallylarger than in 1939. Supplies of chicken, on the otherhand, will be materially heavier than last year. Lard is

another product in urgent demand for shipment abroad.The reduction in lard, however, will be nearly balancedby the expected greater consumption of other ediblefats and oils. The prospect is favorable this year inthe case of vegetables. The consumption of fruits, onthe contrary, will probably be somewhat less than in1941.

The estimates of per capita consumption in table 6include the Nation's armed forces as well as the civilianpopulation. While the consumption of the former issomewhat heavier than average, the restrictive effectsupon civilian supplies of purchases by the militaryestablishments will be most evident in the instances ofcertain foods, such as canned vegetables and fruits, par-ticularly adapted to the special needs of those services.

Table 6.—Per Capita Domestic Consumption of AgriculturalFood Products, 1939-42 1

[Pounds]

Product

Cereals: 2WheatCornRice, milledOther cereals3

Meats:Beef and vealPorkLamb and mut ton .

Poultry and eggs:ChickensTurkeysEggs..

Dairy products:Fluid milk and cream (milk equivalent)ButterC ondensed and evaporated milkCheeseOther manufactured, terms whole milk

Fats and oils:LardOther edible

Vegetables:Potatoes 4

SweetpotatoesOther fresh 5Canned 6

Dry edible beansFru i t s : 7

Fresh citrusFresh applesOther freshO annedDriedJuice 8

1939

22262.4

5.931.7

61.864.4

6.7

19.43.0

39.1

34617.417.8.5.9

44.3

12.419.5

14025.7

254.525.79.7

58.340.962.014.9

6.26.4

1940

21958.8

6.031.0

62.672.6

6.6

18.93.6

39.8

34517.019.3

6.045.5

14.619.2

14620.7

259.227.49.1

60.544.359.115.66.77.6

1941

22364.1

6.733.7

69.368.9

6.9

20.33.6

39.5

35216.619.45.8

48.4

14.820 9

14221.7

252.330.910.0

63.642.265.218.86.48.5

1942,esti-

mated

22464.77.3

37.2

71.664.27.1

23.03.8

39.3

35816.821.15.8

49.3

12.921.5

14024.6

262.032.910.7

63.841.753.716.35.87.7

i Pe:and s

er capita domestic disappearance, computed from production, imports, exports,ana stocks (including Government stocks). Per capita data are based upon totalpopulation, including all armed forces of the United States.

2 Includes grains used in the manufacture of beer.3 Includes barley, oats, and rye.4 Includes potatoes sold by farmers for seed and manufacture.5 Includes estimates of all vegetables (other than potatoes and sweetpotatoes) for

fresh sale, produced in commercial areas including market gardens, and in farmgardens for home nso.

6 Includes tomato juice.7 Includes 18 fruits and berries.• mumucs xo ii uns ttuu wtjinea.8 Includes grape, grapefruit, lemon, orange, pineapp

grapefruit, prune juice, and miscellaneous fruit nectars gleapple, combination orange and

and juices.

Source: U. S. Department of Agriculture.



Distributive Costs of ConsumptionCommodities

By Bruce M. Fowler and William H. Shaw

THAT the cost incurred in the flow of consumptioncommodities through distributive channels con-

stitutes a substantial segment of their final cost haslong been recognized. But despite this recognitionthere have been very few comprehensive estimates ofthe importance of this segment. It is the purpose ofthis article to set the various distributive costs—trans-portation charges, wholesale margins, and retail mar-gins—in proper perspective by showing their relativemagnitudes during the last decade.

These estimates of distributive costs were derived asa byproduct of the compilation of the national incomein terms of final products or actual goods and servicesproduced. The flow of consumption commoditiesthrough private enterprises, measured at final costs,constituted a major component of the study. Due tothe nature of the available data, the estimating pro-cedure involved securing data at producers' prices,classifying and allocating the different commoditiesinto appropriate groups, and then tracing the variousgroups through the distributive system. A preliminaryreport presenting the estimates of gross commodityflow thus obtained has already been published.1

Although the form of the present estimates has beenconditioned by their use in commodity flow estimates,and is consequently different from that of a studydesigned primarily for the analysis of distributioncosts, the data are believed of sufficient value to warranttheir presentation.2 The recent maximum price regu-lation highlights the current utility of information ofthis type. For example, the problems of the "squeeze"and "rollback" that have developed as a result of theregulation are in part problems of the relationshipbetween wholesale and retail margins.Distribution of Total Cost of Consumption Commodities.

The percentage distribution of the total cost ofconsumption commodities is summarized in table 1by major commodity groups. The percentage "re-ceived by the producers" is the ratio of the value ofthe finished commodities at the point of output to thefinal cost. By "point of output" is meant the location

1 Shaw, William H., "The Gross Flow of Finished Commodities and New Con-struction, 1929-41," Survey of Current Business, April 1942, p. 13.

2 It should be kept in mind that the data are rough estimates and that their relia-bility is dependent on the sources utilized. See Appendix note for a description ofsources and methods.

at which the fabrication of the consumption com-modity has been completed. Thus, all raw materialand processing costs are included. The percentage ofthe final cost going to transportation agencies referssolely to the cost of moving the commodities from theproducer to the initial distributor, since the cost oftransporting raw materials and partly processed goodsis already included in the value at the point of outputand the costs of moving finished commodities betweenthe various distributors and from the retailers to con-sumers are included in the wholesale and retail margins.Finally, the percentages received by wholesalers andretailers are the differences between the cost of goodssold by wholesalers and retailers and the respective netsales expressed as ratios of the total cost to users.

Table 1.—Percentage Distribution of Total Cost of Consump-tion Commodities, 1929-39

Major commodity group 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939

All consumption commodities:Percentage received by pro-

ducersPercentage received by dis-

tributors

61. 4 61. 4 59. 8:59.5.56. 9 59. 6 62. 4 62. 5,62.5,61. 9 61. 4

38. 6 38. 640. 2 40. 5:43.1 j 40.4 37

Transportation, produc-ers to distributors

WholesalersRetailers

Perishable consumption com-modities:

Percentage received by pro-ducers

Percentage received by dis-tributors

3. 2 3.1 3. 7 4. 2 4. 5 4.1 3.6.9! 6. 61 6.7^ 6.61 6.9 6.3 5.

28.5 28.9 29.8 29.7 31.7130.0:28.

i



Semidurable consumption com-modities:



Transportation, produc^ers to distributors


Durable consumption commo-dities:



6!37. 5:37.5,38. 38.6

9 3.8 3.75.8 6.0

0|27.9;27.8 27. 9 28.

63.7 62. 6160. 3:59. 7; 58. 2 4164.2 64.5:63.1 63.1

36. 3 37. 4^39. 7i40. 341. 8 39. 2 35. 6 35. 8 35. 536. 9 36. 9

4.16.4

1

4. 1 4. 3 5. Oi 5. 6 5. 66.9 7.1 7.3J 7.5j 7.4

25. 3!26. 0 27. 4 27. 2!28. 8

62.7

37.3 36. 7|37.5!38. 2143. 0(40.

63.3 62. 5 61. 8; 57. 0i59. 3 60.i i ! I

5.0 4.6.7 5.

27. 5; 25.

1.33.7

32. 3 32. 4 32. 8 33.

1.1 2.03.2! 3.5..9 3'

4.4 4.3|6 .0 | 6 .2

5.0 5.06.71 7.0

25.0^25.2i24.9

2 60.560.4:60.2 59.4

8 39. 539.6;39. 8J40.6

5 35.

1.9 2.3.4 3.i. 4 34.

2.23.0

34. 3 34

1.8' 2.0! 2. 13.2| 3.11 3.2:. 6134.7135. 3



54.3 55.2 54.9 55. 5 50.5 54.6 57.I I j I j I

45. 7|44. 8 45. 1 44. 549. 545. 4142.

3.0i 2.0: 2.2 2.4 3.5 3.1 3.10.0 9.0 8.8 7.7 9.7; 8.9! 8.32. 7 33.8 34. 1 34.4 36.3 33.4:29.

7 58.8 58.8 58.757.7I I ! |

341. 2 41. 2 41.3 42. 3

6 3.6, 3.4 3.0 3.38! 8.6; 8.4 7.7| 7.99 29. 0,29.4 30.6 31.1

Source: U. S. Bureau of Foreign and Domestic Commerce.



The distributive agencies received from. 38 to 43percent of the total expenditures made for all consump-tion commodities during the past decade.3 Although adefinite cyclical fluctuation may be noted, the year-to-year changes are not especially marked nor is anydecided trend indicated. Increasing gradually from39 percent in 1929 to 41 percent in 1932, the percentagerose to 43 in 1933, dropped back to 40 in the followingyear and then became stabilized at 38 percent for thenext 5 years.

Figure 5.—Percentage Distribution of Total Cost of Con-sumption Commodities

1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 DD 4 2 _ 2 5 0

Source: U. S. Department of Commerce.

Analysis of the percentage going to each of the dis-tributive agencies during the period reflects the samegeneral picture, although the cyclical fluctuation at thewholesale level is less pronounced than that of the othertwo components. From 3 to 4 percent of the expendi-tures made for consumption commodities went to theagencies transporting these goods from the producerto the initial distributor, 6 to 7 percent went to whole-salers, and 28 to 32 percent to retailers.

Although indicative of the magnitude of the costs of* distribution and the year-to-year changes in their rela-tion to the total expenditures for consumption com-modities, this over-all picture does not reveal the markeddifferences obtaining in the trends and levels of thebroad classes of commodities included. The amountreceived by distributors of perishable consumptioncommodities 4—chiefly foods and fuels—ranged from36 to 42 percent of the total price paid, or slightly lessthan that for all commodities as a whole. Since thevalue of the commodities comprising this group con-stitutes about two-thirds that of all consumption com-modities, the existence of a marked similarity in boththe magnitude and changes of the ratios for this groupand those for all commodities combined is not surprising.

3 These estimates are lower than those made by the Twentieth Century Fund inDoes Distribution Cost Too Much? (New York, 1939), because of differences in defini-tion. Distributive costs in that study included transportation and storage chargesfor raw materials and goods in various stages of manufacture destined for furtherfabrication. Since these charges are included in the value of the finished product atthe point of output, they are considered in this article as a cost of production.

4 The commodities included in the various major groups are indicated by the minorgroup designations in table 3.

A larger percentage of the final cost went for thetransportation of perishable consumption commoditiesfrom the producer to the distributors than was the casein the other major groups. The 5-percent ratio ob-taining in 1939 is representative of the share receivedduring the entire 11-year period by this segment of ourdistribution system, ranging as it did between 4 and 6percent. This larger percentage is attributable chieflyto the lower value of most of these commodities at thepoint of production and fairly long hauls. For example,neither fresh produce nor coal requires much processingbefore entering distributive channels, and both haverelatively low values per carload. Moreover, improvedmethods of refrigeration have resulted in fresh fruitsand vegetables being shipped increasingly greaterdistances.

Figure 6.—Percentage Distribution of Total Cost of Consump-tion Commodities by Major Groups in 1939

100

25

SEMI -DURABLE DD 41-249

Sourer: U, S. Department of Commerce.

In contrast, the 25 to 29 percent of the final costreceived by the retailer represents a much smallerproportion than that accruing to retailers from thesemidurable and durable groups, in part a reflection ofthe high turn-over rate of foods. The portion going tothe wholesaler varied from 6 to nearly 8 percent for thesame period. Cyclical fluctuations and other factorsaffecting the wholesale and retail segments are discussedin the section on "Gross Margins."

The total distributors' share of expenditures forsemidurable consumption commodities differed onlyslightly from that obtaining for the perishable group inthe years prior to 1935. Since that time, however, thepercentage going to distributors for the latter groupdeclined, w^hereas that going to distributors of semi-durable items remained relatively constant.

On the other hand, the components of the total dis-tributors' share differed markedly between the twogroups. The commodities classified as semidurable—clothing, light housefurnishings, etc.—are for the mostpart manufactured in many sections of the country andtherefore require relatively shorter hauls to reach thedistributor. Furthermore, these commodities haveDigitized for FRASER



relatively high values per carload. For these reasonsthe portion of the final cost going to those transporta-tion agencies that moved these goods from the factoryto the distributors did not exceed 2 percent during the11 years. The wholesalers' share of the total cost wasalso lower than that for either of the other two majorgroups of commodities, fluctuating between 3 and 4percent over the entire period. On the other hand, theamount going to the retailer totaled at least one-thirdof the entire expenditure for these items—a higherratio than that recorded for the other groups.

Approximately 42 percent of the amount spent in1939 for durable consumption goods went to pay for thedistributive services rendered. From 1929 through1932 the average was 45 percent, then it rose to nearly50 percent in 1933 but dropped back to 45 percent inthe following year from which point it settled to the41-42 percent level maintained since 1935.

Longer hauls from the geographical centers of produc-tion, which tend to be highly concentrated for thisgroup of commodities, resulted in a higher proportionof their final value going to agencies engaged in trans-porting them to the distributors than was the case forsemidurable goods. The ratio, which ranged between2 and 4 percent over the decade, did not approach thatof the perishable group, however. The portion of thefinal value going to the retailer has varied during thisperiod from 29 to 36 percent with the percentage for1939 being 31. The remaining 8 to 10 percent waspaid to the wholesaler.Wholesale and Retail Gross Margins.

Wholesale and retail gross margins were estimatedfor each minor commodity group by computing theratio of operating expenses to total net sales and makingan appropriate allowance for profit or loss. Thesemargins, being percentages of sales, must be convertedto mark-ups or percentages of cost before they can beapplied to dollar cost values as was done in the studypresented in the April Survey.5 Transportation mar-gins were computed by expressing freight revenues aspercentages of commodity values at point of destination.

The sum of these gross margins does not equal thepercentage distribution of the total cost going to thesedistributors for two reasons. First, the gross marginsexpress the cost of each step of distribution as a per-cent of the commodity value at that point, while thetable showing the distribution of the total cost expresseseach of these costs as a percent of the final cost. Theuse of a different base naturally yields a different per-centage relationship for each component. The secondreason is that some goods do not flow through each ofthe successive stages comprising the distribution systembut skip one or more steps. For instance, analysis ofthe sales of manufacturers shows that a substantial

s Gross margins may be converted to mark-ups by use of the equation M= 1 Q Q _ ^

where M is the mark-up or percentage of cost and G is the gross margin, or per-centage of sales.

portion is sold directly to retailers and consumers andthus does not pass through the wholesale stage. Simi-larly, some of the sales made by wholesalers bypassthe retailers and go directly to consumers.

Cyclical fluctuations were more pronounced for thetransportation margins than for either the wholesaleor retail margins. Only one major change was madein the freight rate structure of the railroads duringthe period covered by this study so that the transpor-tation charges were far more rigid than the values ofthe various commodities to which they applied. Themore important factors contributing to the differencesin these transportation margins between commoditygroups have already been indicated in the precedingsection and will therefore not be repeated. The basicdata are shown, however, with the other margins intables 2 and 3.

The wholesale gross margin for all consumptioncommodities rose from 14 percent in 1929 to over 15percent in 1933 and dropped to less than 13 percent in1935. These figures represent both the upper andlower limits for the fluctuations during the entire11-year period. An inverse cyclical movement is thusclearly evidenced—a characteristic of all the grossmargins in this study.

Table 2.—Transportation Charges (Producers to Distributors)and Gross Margins, by Major Commodity Groups, 1929-39

Major commodity group 1929 1930 1931 1932 1933 1934 1935|1936!19371938i i

Transportation charges (pro-ducers to distributors) as per-centages of commodity valuesat destination:

Perishable consumptioncommodities 1

Semidurable consumptioncommodities

Durable consumption com-moditiesAll consumption commodi-

ties iWholesale gross margins:2

Perishable consumptioncommodities i


Durable consumption com-moditiesAll consumption commod-

ities ]

Retail gross margins:2

Perishable consumptioncommodities ]


Durable consumption com-moditiesAll consumption commod-

ities i

5.8

2.0

3.8

4.5

12.4

14.2

19.

14.3

5.

1.

4.0

4.6

13.1

14.2

19.8

14.6

3 26.

0 33.

14.0 14.5

14.5 15.0

15.0 15.1

136.1

26.

33.1

34.

29.6 30.0 30.9 30.8 32.8 31

9 28.4

33.0 33. 5 34. 3

8 35.3 35.5

8.4

3.3

5.8

7.0

14.4

16.1

19.4

15.2

5.9 7.1

2.9 3.3

5.3 5.2

7.3

3.3

5.2

6.1

13.0 11.1 11.4 11.7 12.4 13.3

16.3 14.5 14.2114. 9 14.6115.1

18.2 16.4! 16.3! 16.3| 16.8 16.7

14.2 12.5 12.6; 12. 9 13.4 14.1

29. 9 28.6 26.1 26.4 25. 9 26. 2 26. 7! ! |

i. 0 35.3 35.0 35.2 35.3.36.0I I I i I

37. 9 34. 531. 2 30. 2 30. 5 31.6 32.1

..2;29.0,28.9 28.7,29.0129. 7l I

1 Excludes nonmanufactured household fuels for which data are not available.2 Gross margin is the difference between cost of goods sold and net sales, expressed as

a percentage of net sales.

Source: U. S. Bureau of Foreign and Domestic Commerce.

The causes of this inverse movement are found in thefact that prices paid by wholesalers [or retailers] forcommodities are more sensitive than prices received, andin a greater rigidity in some operating expenses than intotal realized sales. With respect to commodityprices, it is clear that a lag of wholesale [or retail]prices behind prices paid by wholesalers [or retailers]tends to raise margins on the downswing of the cycleand lower them on the upswing. With respect toDigitized for FRASER



rigidity of operating expenses it is evident that whenthe volume of sales drops, a corresponding decrease inexpenses, especially in rents, interest payments andproperty charges, cannot usually be effected. Sincefor competitive reasons the wholesaler [or retailer] mayfind it difficult to meet this relative rise in costs by aprice rise, an increase in the ratio of these costs to salesis inevitable.Figure 7.—Transportation Charges (Producer to Distributor)

and Gross Margins of Consumption Commodities by MajorGroups

TRANSPORTATION CHARGES (PRODUCER TODISTRIBUTOR) AS PERCENTAGE OF COMMODITY

VALUES AT DESTINATIONPERCENTI 0

j L

WHOLESALE GROSS MARGINS24

2 0

16ALL COMMODITIES

M UUHADL*

- « ^

SEM/DURABLE^ * * %

I

PERISHABLE^

] I J_ _LRETAIL GROSS MARGINS

40

36

32

28

24

DURABLE-^^

— '

^ — ^ -

i i i

PERISHABLE^

1 1

\

i

^SEMIDURABLE

^ ^ * * '

N

S . .1 1 I

r-~ •

11929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939

0.0. 42-246

Source: U. S. Department of Commerce.

Retail gross margins are much larger than the cor-responding margins in wholesale trade for the sametypes of commodities. Since 1929 the retail grossmargin for all consumption commodities has rangedfrom 29 to 33 percent—a level slightly more than doublethat of the margin for wholesale trade. This differencein level is partly the result of smaller average salesvolume per establishment and of the multiplicity ofservices offered, e. g., local regular and special deliver-ies, privilege of return and exchange, trade-in privi-leges, "free" installation, extension of liberal creditterms, elaborate newspaper and radio advertising, pro-vision for free parking, maintenance of complete stocksof all sizes and grades and the need for accessible loca-tions at street intersections or along important thorough-fares.

A more intensive cyclical fluctuation as well as alower level differentiate both wholesale and retail mar-

ins for perishable consumption commodities fromthose of the other two groups. One probable reasonfor this is the greater intensity of competition in thedistribution of these goods while another factor is thesmaller ratio of average stock inventory to annual salesfor many of these commodities and hence the lowerunit cost for investment in stock, storage space, andinterest charges. The wholesale margin has fluctuatedbetween 11 and 14 percent for these commodities whilethe retail margin has ranged from 26 to 30 percent.

Changes in wholesale gross margins for semidurableconsumption commodities have not been as marked asthose for the other two groups. During the 11 yearsthese margins did not vary over 2 percent, havingfluctuated around 15 percent for the entire period. Inmarked contrast the retail gross margin for semidurablecommodities shows a definite upward trend as comparedto the fairly stabilized levels of retail margins for theperishable and durable groups. The retail marginrose from 33 percent in 1929 to a peak of 38 percent in1933, and then dropped back to about 35 percent dur-ing the late 30's.

Durable consumption commodities as a group reflecthigher wholesale margins than those shown by the non-durable groups. This difference in level has decreasedsubstantially since 1929, however, there having been adownward trend for the durable group as comparedwith the slight upward trend for the other two groups.Thus the wholesale margin for durables in 1929 was 20percent and for 1939 was 17 percent.

The trend of the retail gross margin for durable con-sumption commodities differed so markedly from thoseof the other major groups since 1929 that an examina-tion of the components was necessary in order to under-stand the movements of the group as a whole. Themargins for passenger cars were found to display trendsat variance with those shown by the margins of theother items classified as durable. However, if passen-ger cars are eliminated from the group, the trend isfound to parallel that for the average margin of all con-sumption commodities but at a level approximatelyone-third higher. Lower rates of turnover and the com-plexity of services involved in selling durable commodi-ties, notably costs of handling trade-ins and for somecommodities costs of installation, are factors contribut-ing to this higher level.Gross Margins for Minor Commodity Groups.

The year-to-year changes by major groups reflectmore than the trends of the margins of the commoditieswithin a group; they are influenced by shifts in therelative importance of the various commodities. Thisis especially true in cases where there is a marked diver-gence in the margins of these commodities. For instance,passenger cars constituted only 31 percent of the dollarvalue of all durable consumption commodities purchasedDigitized for FRASER



Table 3.—Transportation Charges (Producers to Distributors) and Gross Margins, by Minor Commodity Groups, for SpecifiedYears

Minor commodity groups

Transportation charges (pro-ducers to distributors) as per-centage of commodity valuesat destination

Wholesale gross margin l Retail gross margin '

1935 1939 1929 1933 1935 1939 1929 1935 1939

All consumption commodities 2

Perishable consumption commodities:1. Manufactured foods and kindred products2. Nonmanufactured foods3. Cigars, cigarettes, tobacco, and smoking supplies4. Drug preparations and household medical supplies5. Toilet preparations6. Cleaning and polishing preparations7. Magazines, newspapers, and other printed matter8. Stationery and writing supplies9. Miscellaneous household paper products

10. Toys, games, sport supplies11. Manufactured household illuminating and heating products-_12. Nonmanufactured household fuels ".13. Fuels for passenger cars

All perishable consumption commodities 2

Semidurable consumption commodities:14. Clothing and accessories15. Shoes and other footwear16. Personal furnishings17. Drygoods and notions18. Semidurable house furnishings19. Replacement tires and tubes20. Passenger car replacement parts and accessories _.

All semidurable consumption commoditiesDurable consumption commodities:

21. Household furniture22. Floor coverings23. Miscellaneous durable house furnishings24. Heat ing and cooking apparatus25. Refrigerators, washing machines, and sewing machines26. Electrical household appliances27. Other household appliances28. China, glassware, tableware, and household utensils29. Radio apparatus and phonographs30. Pianos and organs31. Other musical i n s t rumen t s . .32. Clocks and wratches33. Jewelry and sterling silverware34. Books and other durable printed matter35. Writing equipment

4.5

4.38.81.12.24.44.42.12.12.12.1

11.1

36. Ophthalmic products, surgical and orthopedic appliances37. Monuments and tombstones38. Luggage39. Wheel goods, durable toys and sports equipment40. P assenger cars41. Pleasure-craft

All durable consumption commodities

(10.75.8

2.12.12.11.42.11.61.52.0

4.92.12.12.02.02.02.04.92.04.92.12.12.12.12.12.1

10.62.12.14.62.13.8

7.0

7.116.11.23.64.54.53.63.63.63.6

17.6)

13.08.4

3.63.63. 61.83.61.92.83.3

8.03.63.61.51.51..51.57.61.58.43.63.63.63.63.63.6

11.53.63.67.93.65.8

5.6!

4.9 |12.11.2 !3.53.83.83.53.53.53.5

17.2(12. 16.4

3.53.53.51.63.51.52.73.2

8.53.53.51.31.31.31.36.91.38.93.53.53.53.53.53.58.23.53.57.33.55.8

6.1

5.613.8

.93.53.93.93.53.53.53.5

22.6(3)14.37.3

3.53.53.52.13.51.62.33.3

8.93.53.51.41.41.41.47.31.49.33.53.53.53.53.53.5

10.23.53.56.53.55.2

14.3

10. 512.68.5

17.830.416. 316.826.315.518.910.2(3)18.012.4

12.812.831.711.621.812,120. 514.2

13.311.818.725.327.015.221.718.722.024.127.724.820.439.232.736.520.026.722.018.018.019.7

12.515.6 i

32.115. 615.028.018.119.012.7(3)23.8 !14.4 j11.813.928.911.827.413.230. 416.1

17.811.119.920.725.319.322.817.722.4 |31.9 i36.618. 620.1 I36 .2 i35.3 '39.920.022.818.715.715.719.4

12.5

9.312.25.9

15.227 812! 414.822.115.4 I19.8 !9.4 I

(3) !18.7 I11. 1 !

11.011.7 i26.3 !10.121.812.324.514.5

18.212.718 222.521.417.719.719.418.625.729.518.515.929.629.238.720.020.420.712.812.816.4

14.1

12.614.25.5

19.838.215.515. 120.117.317.912.2(3)14.413.3

11.812.230.1

29.6 32.8 29.0

25.126.532.130.430.418.922.737.732.229.427.2

23.626.3

33. 632.0

28.534.730. 530.230.219.322 236' 429.829.633.2

27.829.9

38.435.8

32.59 6

19.815.326.915.1

19.413.216.021.818.216.019.619.718.921.424.716.818.428.832.436.220.016.517.812.812.816.7

29.144.024.230.433.1

33.134.336.845.233.343.635.538.844.835.335.342.340.240.246.460.550.040.432. 825.425.434.0

34.755.430.537.438.1

40.738.846.746.234.948.140.352.446.842.342.348.148.341.648.661.350.045.034.422.222.237.9

25.528.525.328 228.217.722.435.329.028.627.6

24.826.1

35.631.932.031.347.728.734.135.3

38.636.938.840.130.943.734.839.941.442.542.542.742.639.742.958.650.038.932.618.118.131.2

26.130.526.229.129.120.421.532 926.631.329.5

22.426.7

36.131.431.831.949.529.034.236.0

38.5-36.649.534.630.639.735.733.636.440.240.244.344.035.637.157. 150.034.432.816.916. 9-32.1

1 Gross margin is the difference between cost of goods sold and net sales, expressed as a percentage of net sales.2 Excludes nonmanufactured household fuels for which data are not available.3 Data are not available.Source: U. S. Bureau of Foreign and Domestic Commerce.

in-1933 as compared with 39 percent in 1935. Theretail gross margin for cars during this period droppedfrom 22 to 18 percent, which is only two-thirds of themargin for the group as a whole. Relationships suchas these, together with the usefulness of data coveringspecific types of commodities, make the presentation ofgross margins by minor commodity groups (table 3)desirable. The table is confined to the 4 years forwhich business censuses were taken because of thelarger amount of basic data available and the fact thatthese years serve as convenient benchmarks; 1929 and1939 were years of relative prosperity, 1933 a year ofdepression, and 1935 a year of recovery.

It may be noted that for both wholesale and retailmargins the dispersion within each of the major com-modity groups is considerable. Moreover, there areinteresting differences in the movements between thespecified years exhibited by the minor commoditygroups, even though there is a general tendency forthe margins to fluctuate inversely with the businesscycle. All these differences would seem to offer afruitful field of investigation for marketing and com-modity specialists.

Sources and Methods

Transportation Charges.—Freight revenue as a percent of thevalue at point of destination of goods being transported has beencomputed periodically by the Interstate Commerce Commissionfor each of its 157 commodity classifications.6 In addition tomaking estimates for the intervening years, it was necessary torevise the earlier I. C. C. studies due to an improvement inmethodology developed in the 1939 report. Separate ratios werecomputed for the 89 I. C. C. commodity classifications that werefound to be related to one or more of the 41 groups of consump-tion commodities in the final products classification (listed intable 3). Each ratio wTas obtained by relating the freight revenueper ton of freight carried to the value of the commodity per tonat point of destination.

Freight revenue per ton of freight carried was computed bydividing the amount of freight revenue from total tons carriedby the number of tons of revenue freight originated or terminated,whichever was larger.7 Since much of the tonnage originatedby Class II, Class III, and other railways contiguous to Class Irailways, is delivered to Class I railways for further haul anddelivery at destination, the number of tons terminated betterrepresents the volume of certain commodities handled by Class

6 Interstate Commerce Commission, "Freight Revenue and Value of CommoditiesTransported on Class I Steam Railways in the United States," for the calendar years1928, 1930, 1933, 1936, and 1939 (Statement Nos. 29111, 3242, 3552, 3747, and 4C45).

7 Published annually by the Interstate Commerce Commission in table 3 of"Freight Commodity Statistics, Class I Steam Railways in the United States."



I railways than the tons reported as originated by them. Hence,the number of tons originated, or terminated, whichever waslarger, was used.

The value of each commodity group at producers' deliveredprices was computed in the I. C. C. studies by averaging withappropriate weights wholesale price data obtained from varioussources such as the Bureau of Labor Statistics, the Bureau ofMines, the Department of Agriculture, and the Department ofCommerce. Price series for the intervening years were obtainedas far as possible from the same sources to provide an unbrokenseries of comparable values for each group of commodities.

For those groups in which other forms of transportationcarried a substantial proportion of the total amount shippedand for which sufficient data were available, the percentagesderived from the I. C. C. data on railroads were supplementedto provide the average ratio of the total cost of all types oftransportation to the value of the goods conveyed. Thus dataon the movement of petroleum products through pipe lines andnonmanufactured foods by truck were analyzed and includedin the final transportation ratios.

Wholesale Gross Margins.—The detailed kinds of businessreported in the Wholesale Censuses for 1929, 1933, 1935, and1939 were first classified so as b3st to correspond with the minorcommodity groups. Operating expenses as a percentage of netsales were then computed for each type of distribution: Serviceand limited function wholesalers, manufacturers' sales branches(with stocks), manufacturers' sales offices (without stocks), andagents and brokers. These percentages were averaged byweighting the different types by the relative volumes of salesto retailers and direct to home consumers. Since not all theCensuses reported in corresponding detail, adjustments of thesort describsd bslow for "jewelry" had usually to be made.No allowance was made for the services of proprietors of un-incorporated establishments, but this omission results in anunderstatement of the ratio of total operating expenses to netsales of only a fraction of 1 percent.

Principal sources used to interpolate Census year expenseratios for intercensal years were the series of wholesale surveysmade by Dun and Bradstreet, and Distribution Costs, An Inter-national Digest, Graduate School of Business Administration,Harvard University, 1941. When appropriate wholesale datawere lacking, the movement of the comparable group expense-ratios for retail trade were used.

Profit and loss allowances required to translate the expenseratios into gross-margin ratios were derived from the specialwholesale surveys whenever possible. For the remaininggroups gross margin-expense relationships developed for com-parable retail groupings were used. Whenever possible theadequacy of the profit and loss allowances was checked bycomparison with Statistics of Income data for wholesale corpora-tions, 1929-39, and with unpublished tabulations for non-corporate wholesale concerns for 1936 and 1939.

Retail Gross Margins.—Operating expenses as a percentage ofnet sales for comparable types of stores most closely related tothe various minor commodity groups were derived for 1929, 1933,1935, and 1939 from the Retail Censuses. For 1939 the Censusreported only pay rolls; allowances for other operating expenseswere based on the 1935 relationship of all operating expenses topay rolls. Since the 1933 Census of Retail Trade alone includeda satisfactory allowance for the services of proprietors and firmmembers of unincorporated establishments, a similar adjustmentto the expense data had to b3 made for the other census years.This was done on a basis comparable with that for 1933.

Expense-ratios derived from a wide variety of sources wereused to interpolate for intercensal years. Operating results ofdepartment and specialty stores by commodities and by size ofstores were obtained from annual reports on Departmental Mer-chandising and Operating Results of Department Stores and Spe-cialty Stores published by the Controller's Congress of theNational Retail Dry Goods Association. Special studies madeby Dun and Bradstreet, by the Federal Trade Commission, andby the Harvard University Bureau of Business Research, andby various trade groups provided additional ratios for manykinds of businesses.

These sources also provided the basic data for the profit andloss allowances required to translate the expense ratios into gross-margin ratios. Whenever possible the adequacy of the derivedprofit and loss allowances were checked by comparison withStatistics of Income data for retail corporations, 1929-39, andwith unpublished tabulations for noncorporate retail concernsfor 1936 and 1939.

For further clarification of the actual procedure involved inestimating the wholesale and retail margins, the "jewelry andsterling silverware" group is describsd. Reported net sales andoperating expenses were obtained from the Wholesale Census of1939 for each of the four general types of jewelry wholesalers,i. e., service and limited function wholesalers, manufacturers'sales branches (with stocks), manufacturers' sales offices (with-out stocks), and agents and brokers. Ratios of operating expensesto net sales were computed for the four types and a weightedaverage calculated on the basis of the relative amounts of salesto retailers and ultimate consumers. The same procedure wasfollowed for the three earlier census years except that for 1929the lack of sufficient data on the distribution of sales made itnecessary to use the weights derived for 1935. A slight adjust-ment was also required in the 1933 ratios because of the lessdetailed break-down of sales as compared with 1935. This toowas based on 1935 relationships.

The ratios for census years were interpolated for intercensalyears by using a weighted average of ratios derived from annualstudies of the National Wholesale Jewelers Association (re-printed in the Harvard digest of Distribution Costs) and from aDun and Bradstreet survey for 1933 and 1934 of wholesalejewelry concerns. Aggregate sales represented by each samplewere used as weights. Net profit or loss ratios for the entireperiod were derived from the sample surveys and added to theoperating expense ratios to obtain the wholesale gross margin.

Operating expenses as percentages of net sales for retailjewelry stores were computed for 1929, 1933, 1935, and 1939after making an allowance for proprietors' services in 1929,1935, and 1939 on the basis of the method suggested in the 1933Census. An additional adjustment was necessary in 1939 be-cause pay rolls alone were reported in that year. The 1935ratio of total expenses to pay rolls was used as a basis for thisadjustment.

Two studies provided ratios with which to interpolate forintercensal years: One of retail jewelry stores made by Dun andBradstreet for 1933-36 and 1939; and one of jewelry departmentsof department stores made annually by the Controller's Congressand published in its reports on Departmental Merchandising andOperating Results. These sources also provided the profit andloss ratios from which the allowances required to translate theexpense ratios into gross margins were derived. The profit andloss ratios derived for 1936 and 1939 were checked against thosereported for a sample of noncorporate retail jewelry stores in anunpublished tabulation of income-tax returns.

408808—42 3



State Distribution of Income Payments1929-41

by Daniel Creamer and Charles Merwin

WITH INCOME payments to individuals advanc-ing a record 20 percent on a Nation-wide basis

between 1940 and 1941, all States showed substantialgains in this flow of income. The gain naturally wasnot equally distributed among the several States.Relative increases ranged widely in diversely constitutedareas, from 15 percent in Vermont and New York to33 percent in North Dakota. (See table 1.)

Farm States benefited greatly from the marked par-ticipation of agriculture in the 1941 increase in incomepayments. Thus while many of the highly industrial-ized States scored better-than-average advances—Mas-sachusetts, New York and Illinois being importantexceptions—equally impressive gains were made alsoin the important agricultural States of Iowa, Kansas,the Dakotas, and Wyoming. This is in contrast to 1940when a lag in agricultural income limited the rise inincome payments in many States. In 1941 the serviceindustries (communication, finance, services proper,and miscellaneous) were the major industrial sectorsof the economy that responded sluggishly.

It is evident therefore that the income paymentflows generated by the war effort in 1941 were notrestricted to those few States which received the bulkof the primary contract awards. For this, there aretwo obvious reasons.

First, there is the fact that existing figures on theState distribution of war orders cover only primarycontracts. Subcontracting and purchasing of materialsare important elements of the war production program,and the geographical location of primary contracts oftenindicates little more than the place of final assembly.In other words, the total of armament production,including that on secondary and tertiary as well asthat on primary contracts, is not distributed geographi-cally in the same fashion that defense contract awardsare divided.

Even more pervasive in its effects on the State dis-tribution of income are the repercussions upon allindustries resulting from armament outlays. When,for example, the income of persons in Michigan isincreased through work on defense orders these persons jincrease their purchases of food from the farm States,of clothes made in the East, and of tourist services inthe Northeast, South, and far West. Thus the incomederived from a war contract, even a secondary one, letin a particular State finds its way to many other States.

Despite the unprecedented expansion induced by warexpenditures there were six States in which income

payments were still under the 1929 level: Nebraska,Oklahoma, New York, South Dakota, Vermont, andIllinois. Two of these—Nebraska and South Dakota—•appear to be explained by the results of the droughts.In Oklahoma the singular lack of recovery in the oilindustry was largely responsible. In Vermont, agri-culture, a relatively important industry, has respondedslowly. In New York and Illinois there has been aless-than-average recovery in manufacturing, mining,contract construction, and service industries which arerelatively important in these two States.

The fact that certain States continued below pre-warlevels serves to raise the question of the extent to whichpre-war trends were continued into the 2 war years.That is, did the States that had smaller relative declinesthan the national average from 1929 to 1939 continueto do better than the national average from 1939 to1941? Conversely, did the States that sustained largerrelative declines than the national average over thepre-war decade continue to lag behind the nationalaverage over the war period?

Measured in terms of total income payments, con-tinuity of trend was maintained in 24 States. A closerexamination, however, discloses that in several of theseStates the maintenance of continuity resulted from ashift in the source of income payments. For example,North and South Carolina, Georgia, and Tennessee hada better-than-average experience over the pre-wardecade because of the relatively rapid rate of manufac-turing developments. Their relative prosperity contin-ued during the war period but this was largely due to adisproportionate increase in Government pay rolls (hithis case, payments to the armed forces).

Special situations, as the latter, which cannot beregarded as continuing or initiating a structural change,also affected certain of the agricultural States. Thus,North Dakota, Kansas, and Mississippi had a less-than-average experience in the pre-war period but a better-than-average record in the 2 war years. The latterresulted very largely from price increases for agriculturalproducts rather than from changes in the composition('f rpicultural production or from the expansion of thephysical volume of production.

Because of the effect of special circumstances onregional pre-war and war trends, the discussion shouldnot be based on a measure such as total income pay-ments to individuals that is so broad as to concealimportant differences. Income originating in com-modity-producing industries other than agriculture



may well be an appropriate base because of the criticalimportance of these industries in conditioning theeconomic structure of a region. It is necessary first,however, to have clearly in mind the content of incomepayments and their method of measurement.

Content of State Income Payments.

In table 6 are presented estimates of income paymentsto individuals 1 classified by State and by type of pay-ment for the years 1929-41. Income payments com-prise (1) salaries and wages net of pay-roll deductionsfor social insurance, (2) other labor income such aspensions, compensation for injuries, direct and workrelief, and social insurance benefits, (3) entrepreneurialincome, representing the net earnings, before owner'swithdrawals, of unincorporated businesses (includingfarmers),2 and (4) dividends, interest, and net rentsand royalties received by individuals.

The total of income payments to individuals differsfrom national income principally because retainedearnings of corporations are excluded from the formeraggregate and included in the latter. Another differ-ence between the two series—of considerably lessmagnitude—arises from the manner in which socialinsurance pay-roll deductions and benefits are handled.Finally, income payments include, and national incomeexcludes, such transfer items as direct relief andadjusted-service certificates (the Soldiers' Bonus).

Income payments are distributed among the Stateson a where-received basis—a convention dictatedlargely by the nature of available data.3 A State

1 The totals for income payments shown in this article differ from those given inthis Department's monthly income payments releases because it was not possibleto distribute certain items by States. These items are pay rolls of the Army abroad,part of regional Work Projects Administration offices, and Navy enlistees "at large"(the bulk of the naval personnel pay rolls are distributed by State of enlistment);a small amount of pensions, retirement pay, and workmen's compensation; and a stillsmaller amount of pay-roll deductions for social insurance. The net total of theseitems, required to balance the State estimates of income payments with the nationaltotals shown in the monthly series, follows (in millions of dollars):

1939 530

1940 203

1941 469

19291930

1931

1°32

1933

48 1934_.'_ 43 1935

4o 1936

47 1937.._ 36 1938

5067qq

75

52

The pay-roll items in these totals affect only the Government component of the esti-mates.

2 Previous year's estimates of State income payments included the item of entre-preneurial income for agriculture, and entrepreneurial withdrawals for the otherindustries. In the present estimates entrepreneurial income is used for all the indus-tries. Entrepreneurial income differs from entrepreneurial withdrawals in that theformer includes, and the latter excludes, savings of unincorporated business units.In either case, these items are taken before deduction of individual income or otherpersona] taxes.

3 Salary and wage estimates are derived in the first instance from reports of theBureau of the Census, in which establishments, not employees, are classified byStates. Therefore it sometimes happens—particularly in States such as New York,New Jersey, Maryland, and Virginia and in the District of Columbia—that theemployee resides in another State from that in which he works. No adjustment ofthe total income-payments estimates was attempted on this score, but in computingthe estimates of per capita income payments the income figures of certain States wereconverted to a residence basis corresponding to that of the population estimates.That is, before computing the per capita income, a portion of the total income pay-ments attributed to New York was allocated to New Jersey, and a portion of thatattributed to the District of Columbia was allocated to Maryland and Virginia.The magnitude of these adjustments is indicated in footnotes to the estimates forthe affected States in table 6.

(Footnote 3 continued in following column)

distribution of salaries and wages and entrepreneurialincome on a where-produced basis would not be mark-edly different from the where-received distributionshown here. But a where-produced distribution ofthe capital return items—-that is, an allocation of theseitems to the State in which the capital was locatedrather than that in which the owner resided—wouldresult in estimates strikingly different from, and equallysignificant with, those shown here. Unfortunately,the data necessary for a where-produced allocation ofthese capital return items are not available.4

Gross Section of Industrial Structure in 1939.

A cross section view of the industrial structure ofincome paymenis in each State in 1939 is provided bytable 2,5 which shows the percentage distribution bybroad industrial groups of salaries and wages plusentrepreneurial income.

The proportion of the total labor income originatingin the distributive industries (wholesale and retailtrade, transportation, and electric light, power and gas)is remarkably similar from State to State; it exhibitsfar less variation than that arising m any of the otherbroad industrial divisions noted in table 2.

The degree of concentration of population in metro-politan areas would seem to condition in large part theproportions of the total labor income arising in theservice industries (communication, finance, servicesproper, and miscellaneous). The high percentages forsuch States as New York, Massachusetts, Maryland,Florida, and California evidence this tendency. Inter-State variation in the relative importance of laborincome in the service industries is somewhat greaterthan in the distributive industries, but decidedly lessthan in the commodity-producing industries.

In contrast to the service industries, the percentageof labor income arising from Government employmentappears to be inversely related to population density.

4 For descriptions of earlier estimates of State income payments see the April 1940and the August 1941 issues of the Survey of Current Business. For a comprehensiveexplanation of the concept of income payments, see this Bureau's publication,"Monthly Income Payments in the United States, 1929-40", by Frederick M. Cone,obtainable from the Superintendent of Documents, Washington, D. C , for 10 cents.

5 For this analysis 1939 figures were used because it is the last pre-war year andbecause the censuses for that year make the State distribution more reliable than inearlier years.

(Footnote 3 continued)

Entrepreneurial income is also distributed by States on the basis of Census reports,but it is unlikely that the disparity between residence of owner and location of hisestablishment is sufficiently serious to distort these estimates. The items of capitalreturn—dividends, interest, and net rents and royalties—are distributed among theStates on the basis of the reporting of these items on Federal income tax returns ofindividuals. Federal income tax returns are filed, by and large, in the State of resi-dence, although in several States a discrepancy undoubtedly arises on this account.In one of these, Delaware, collateral information permits making a downward adjustment of the dividend item necessitated, apparently, by nonresidents of Delawarefiling their Federal returns in that State. The amount of this apparent overstate-ment of dividends received by residents of Delaware was distributed among severalEast Coast States in proportion to the dividends previously recorded for thoseStates.

In the case of salaries and wages and entrepreneurial income the basic data permitan industrial classification of the State estimates. Such is not the case, however,for the items of capital return, and consequently total income payments cannot becross-classified by State and industry.



Highest percentages are found in sparsely settledStates such as those in the Great Plains and the RockyMountains (the District of Columbia is an obviousexception). Apparently there is a certain minimumof governmental service that is provided regardless ofthe absolute size of the population.

The large part played by agriculture in the WestNorth Central, East and West South Central, Mountainand Pacific States is apparent. The commodity-pro-ducing industries of manufacturing, construction, andmining were relatively important in the eastern, EastNorth Central, and certain of the South Atlantic States.These are the industries that can be expanded mostreadily, and in time of War must be expanded, and there-fore are of cardinal importance in attempting to tracechanges in the regional economic pattern.

Changes in Labor Income, 1929-39.Attention is first turned to the relative changes in

salary and wage payments and net entrepreneurialincome originating in manufacturing, construction, andmining during the pre-war years, 1929-39. For thecountry as a whole the decline in such labor incomearising in these commodity production industriesamounted to 23 percent. Those States in which thepercent decrease was less than 23 percent or, more par-ticularly, registered increases may be regarded asdeveloping areas. In New England, Maine and Con-necticut made a better-than-average showing over theperiod, while in the Middle Atlantic region. New Jerseywas the only State in this class. Especially note-worthy is the fact that in New York the labor incomepaid by the three industry groups was 34 percent lessthan the amount paid out in 1929; this was as large asany decline in the highly industrialized States.

A decline of equal magnitude also occurred in Illinois.Michigan and Indiana were the only States of the EastNorth Central region in which industrial developmentswere more favorable than in the country generally.In the adjoining area of the West North Central regionthere were three such States, Minnesota, Iowa, andSouth Dakota.

The most favorable showing was made in the SouthAtlantic region where four States, Maryland, Virginia,North Carolina, and South Carolina had positive in-creases ranging from 1 to 21 percent and each of theremaining States had decreases that were smaller thanthe national average. In the East South Central regiontoo the decline in none of the States exceeded the na-tional decline, while in the West South Central Statesthis was true of Louisiana and Texas. Four States inthe Mountain region made a better-than-average show-ing but it should be noted that in these the relativeimprovement is attributable to the construction indus-try, probably financed by Federal funds. This wastrue particularly of Nevada and New Mexico wherehydroelectric power installations were being constructed.As would be expected, the three States of the Pacific

region must be counted as developing areas with respectto labor income originating in the manufacturing, con-struction, and mining industries over the 1929-39period.

In summary, the pre-war regional pattern that wasemerging in commodity producing industries, asmeasured by salary and wage payments and net entre-preneurial income, involved a relative decline in theNortheast, with the exception of Maine, Connecticutand New Jersey, as well as a relative decline in theMiddle West with the important exceptions of Michiganand Indiana. Relative advances, aside from the ex-ceptions just noted, were concentrated in the South—•particularly Maryland, Virginia, the Carolinas, Ten-nessee, and Texas, and in the Far West.Changes in Labor Income, 1939-41.

To what extent were these trends continued duringthe war years, 1939 to 1941? Column 4 of table 1provides part of the answer. It should be noted, firstof all, that the increase in labor income between 1939and 1941 in the commodity producing industries otherthan agriculture was substantial in every State, rangingfrom 20 percent in Wyoming to 106 percent in Delaware.The increase for the entire Nation amounting to 64percent is indicative of the all-pervasive effect of warexpenditures. The variations about this average maybe used to determine the extent of continuity with thechanges of the pre-war decade.

It has just been shown that over the pre-war decade28 States either had decreases less than the country asa whole or actual increases in labor income originatingin the commodity-producing industries other than agri-culture. Over the war period 1939-41, 12 of these 28States had increases greater than the national average.These States then continued to be developing areas.It is interesting to note that the States in the PiedmontPlateau (North and South Carolina, Georgia, andAlabama), where the most rapid strides of industriali-zation of the South occurred between 1929 and 1939,were not among the 12. Gains relative to the nationalaverage in the South were largely restricted to thenorthern tier of States (Delaware, Maryland, andVirginia). Equally significant are the continued gainsin the three Pacific Coast States.

To the 16 of the 28 States that failed to make relativeadvances in both periods must be added three Statesin the old "manufacturing belt," Khode Island, Penn-sylvania, and Ohio, which did register relative gainsin the war period but not in the pre-war decade.Special note should also be made of the fact that suchhighly industrialized States as Massachusetts, NewYork, and Illinois continued to do less well than theNation as a whole.

Thus, regardless of pre-war trends those States givenover mainly to the production of semidurable consumersgoods, such as the Carolinas and New York, did lesswell than the country at large, while those States



processing metal and metal products, such as Penn-sylvania and Ohio, did better than the national average.

The extent of continuity of the regional economicpattern in the pre-war and war years is indicated by thefact that in 29 States there was no reversal in trend, 12representing continuing favorable development, and 17continuing unfavorable development. Among the 19States in which there was a reversal of trend, the reversalassumed the form of a change from unfavorable tofavorable in three States, and from favorable to un-favorable in 16 States. Any judgment on how tem-porary these reversals in trend may be must wait uponfurther developments of the war.

The industrial and type-of-payment distributions ofState income are interrelated, each helping to conditionthe other. Hence, the analysis in this section couldbe greatly extended not only by bringing into view theindustrial distributions for other years, but also bycomparing the industrial distribution with the type ofpayment break-down shown in table 6. Space does notpermit us to pursue the analysis further here.6

Per Capita Income Payments.

For reference purposes table 4 shows per capita in-come payments by States for 1929 and 1940. Thesefigures differ from those shown in the August 1941Survey of Current Business article on income paymentsby States, not only because the income payments esti-mates have been revised but also because the populationestimates were corrected as a result of the decennialcensus. Population estimates by States are not avail-able for 1941 because the customary procedure for esti-mating population changes in the States—mainly byfigures on births and deaths—is inadequate in a yearsuch as 1941 when migrations to defense-work areas areextensive. Pending a special study of the 1941 Statedistribution of population, per capita income paymentsestimates for that year have been omitted.

Table 1.—Percentage Change in Income Payments and LaborIncome x in Manufacturing, Mining, and Construction,for Selected Years, by States

Region and State

Percentage change intotal income payments

United States total.

New England:MaineNew Hampshire _VermontMassachusettsRhode IslandConnecticut

Middle Atlantic:New YorkNew JerseyPennsylvania

19(0-41

20

201(315192226

152020

1939-41

30

2920222830*40

22*3329

1929-39

-14

*— 10*-12-21-18-17*-10

Of)

*-13-21

Labor income inmanufacturing, mining,

and construction

Percent change j Percent| distri-but ion,

j 1939I

64

57536160

*67*93

*78*66

- 2 3

-11-30-35-33-27-17

-34-19-30

100. 0

. 6

.52

4^81.02.6

13.85.1

11.2

See footnotes a t end of table

6 Persons interested in pursuing this type of analysis further may obtain, from thisBureau, mimeographed tables showing, separately for each State, the industrial break-down of gross salaries and wages and of entrepreneurial income for the years 1929-41.

Table 1.—Percentage Change in Income Payments and LaborIncomel in Manufacturing, Mining, and Construction,for Selected Years, by States.—Continued.

Region and State

Percentage change intotal income payments

Labor income inmanufacturing, mining,

and construction

East North Central:OhioIndianaIllinoisMichiganWisconsin

West North Central:MinnesotaIowaMissouriNorth DakotaSouth DakotaNebraskaKansas

South Atlantic:DelawareMarylandDistrict of Columbia 2 - -VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFlorida

East South Central:KentuckyTennesseeAlabamaMississippi

West South Central:ArkansasLouisianaOklahomaTexas

Mountain:MontanaIdahoWyomingColoradoNew MaexicoArizonUtahNevada

Pacific:WashingtonOregonCalifornia

Percent change

-41

2428192722

16231733251723

2124

24~1921232316

20263026

28191819

1818221617251814

292319

1939-41

*33*3829*4229

202122*412723*32

*42*36

~""~*383030*37*3428

28*37*45*42

*34242327

2826272225243023

*43-31*31

- 1 6* —8- 2 4- 1 3- 1 8

* - 5* - 9— 17- 2 2- 2 2- 2 7- 2 4

* Q

*8*9

* — 6*16

60*8355

43354036233144

*106*82

*6852476058

*66

-13*_7-17-22

-16*_4-24*-2

*-9* 9

*_4*-6*18*-6*-9*14

*-9*_4*-3

52 '59*8161

43492840

5732203633365239

*72*70*82

- 2 4*-15

- 3 4* - 9- 2 8

*-16*-16

- 2 6- 3 3

*3- 2 8- 3 1

"I

"~*9*-10

*18*21

*—9

*-13* - l

* -14- 2 3

- 3 2*-15

- 4 7* (3)

- 2 6*-15

- 3 3*-17

*20- 3 8- 2 8

*4

*-14* - 5

Percentdistri-bution,

1939

8.03.38.26.9

1.3.9

2.1.1. 1.3

.31.6.3

1.31.71.7.7

1.0.6

1.11.11.0.3

.3

2.3

.3

.2

.1

.5

.2

.2

.3

.1

1.3.7

5.0

1 That is, salaries and wages plus entrepreneurial income.2 Omitted from analysis.3 Less than 1 percent.* Asterisk denotes better-than-national average.

Table 2.—Percentage Distribution of Salaries, Wages, andEntrepreneurial Net Income by Industry Groups andStates, 1939

Region and State

Percentage distribution

Allindus-tries

United States total 100.0

Other |com- |

Agri- jrnodity-j Distri-culture j produc- bution

j ing in-idustries

ServiceGov-ern-

| ment

New England:MaineNew HampshireVermontMassachusettsRhode IslandConnecticut



West North Central:MinnestoaIowaMissouriNorth DakotaSouth DakotaNebraskaKansas

100.0100.0100.0100.0100.0100.0

100.0100.0100.0

100.0100.0100.0100.0100.0

100.0100.0100.0100.0100.0100.0100.0

8.8

9. 75.3

16.11.71.13.2

1.82.33.2 |

5.811.46.85.5

14.0

18.034.410.939.235.322.718.7

26.3

31.938.328.035. 845.345.2

27.239. 842.4

40.438.833. 345.734.0 I

19.5 I15.8 I24.8 |5.9

10.112.017.3 I

24.420.622.425.622. 320.2

28.624.024. 6

25.023.127.621. 923.4

29.923.131.825.221.829.429.8

23.4

23.522.221.925.320.223.0

31.823. 520.5

19. 917.923.317.118.1

21.317.023.116.218.722.620.0

10.513.611.611.611.18.4

10. 610.49.3

8.98.89.09.8

10.5

11.39.79.4

13. 514.113.314. 2



Table 2.—Percentage Distribution of Salaries, Wages, andEntrepreneurial Net Income by Industry Groups andStates, 1939—Continued

Region and State

Percentage distribution

Allindus-tries

South Atlantic:DelawareMarylandDistrict of Columbia_VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFlorida

East South Central:KentuckyTennesseeAlabamaMississippi


Mountain:MontanaIdahoWyomingColoradoNew MexicoArizona... _UtahNevada


100.100.100.100.100.

00000

100.0100 0100. 0100 0

100.0100.0100.0100.0

100.0100.0100. 0100. 0

100.0100. 0100.0100.0100. 0100.0100. 0100. 0

100.0100. 0100.0

Agri-culture

6.84.2

12.36.520.621.216.911.1

18.515.017.432.9

32.015.219.618.5

23.128.627.014.123.916.014.012.0

9.312.97.8

Othercom-

modity-produc-ing in-dustries

37.831.48.625.847.231.729.223.515.1

26.426.929.615.7

14.921.320. 419.2

20.217.419.319.916.821.222.725.5

25.524.921.4

Distri-bution

25. 327.418.825 72L819.819.926.1

Service Gov-ern-

ment

20.526.125.5

17.5 I18.023.2

31.7

24.725.323.321.4

23. 628.827.029.3

27.025.225.028.926. 126.430.131.6

29.730.729.1

30.1

19. 421.518.517.1

18.222. 219! 922.0

15.416.113.122. 716.319.419.814.7

21.520.029.6

9.610.947.114.08.7

10.411.710.312.0

11.011.311.212.9

11.312.513.111.0

14.312.715.614.416.917.013.416.2

14.011.512. 1

Table 3.—Percentage Distribution of Income Payments byStates, 1929, 1939, 1941

Region and State

United States, total..

New England:MaineNew Hampshire.._VermontMassachusettsRhode IslandConnecticut



West North Central:MinnesotaIowaMissouriNorth DakotaSouth DakotaNebraskaKansas

1939 1941

100.00

.55

.36

.264.60

.701.78

17.763.908.91

5.962. 278.354.292.31

1.572. 65

.34

.37

.881. 11

.57

.38

.244.39

.681.86

16.073.978.24

. 56

.35

.234.33

.682.01

15. 124.088. 23

5.872.437.364. 332.21

1.961.662.56.31.33

6.052.587.334.762. 19

1.811.552.42.34.32

Table 3.—Percentage Distribution of Income Payments byStates, 1929, 1939, 1941—Continued

Region and State

South Atlantic:DelawareMarylandDistrict of Columbia-VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFlorida

East South Central:KentuckyTennesseeAlabamaM ississippi


Mountain:MontanaIdahoWyomingColoradoNew MexicoArizonaUtahNevada

Pacific:WashingtonOregonC alifornia

1929

.281.36.771.21.971.19.551.16.86

1.171.111.00.66

.661.051.273.14

.40

.27

.19

.74

.19

.30

.33

.09

1.34.746.31

1939

.301.551.141.431.031.50.701.271.17

1.191.21.96.60

.651.171.123.60

.42

.31

.21

.82

.26

.33

.35

. 12

1.43.83

7.18

1941

.331.631.131. 521.031.51.731.321.15

1.171.281.08.66

.671.121.073.53

.40

.31

.20

.77

.25

.32

.35

.12

1.58.84

7.27

Table 4.—Per Capita Income Payments by States, 1929 and1940

Region and State

United States t o t a l .

New England:Maine_ „__N ew HampshireVermontMassachusettsRhode IslandConnecticut.

Middle Atlantic:New YorkNew Jersey .._Pennsylvania

East North Central:Ohio -IndianaIllinoisMichiganWisconsin. _

West North Central:Minnesota -Iowa „Missouri . _.North DakotaSouth Dakota,NebraskaKansas

South Atlantic:DelawareMarylandDistrict of Columbia..

Per capitaincome

paymentsin dollars

679 579

561648597900 I843 j923

508563501772717855

1, 125 ! 855979 j 886769 635

Region and State

South Uiantic—\ lruiniaV, t-t \ nginia"North Caiolma...^outh Carolina..-(r( ortriaUv-rula

1 a t ^ou+h ( t ntral:k<ntuck v .1 ( HIM s«?te - -. _\Muma

Per capitaincome

paymentsin dollars

1929 i 1940

748584913745654

571526605418439530490

983714

64654]716653526

512457499367371428413

940710

1.063

\\ i 4 south C( ntral:\rkai sasLouisianaOklahoma11 \ is _ _

Mount imMont niaIdiho^\omiT.g( oloradoN( w M( \if oArizonaI tabN ( \ a<' i . _ .

] ' ( I M C

W asliiimton(Utgon - _California

426466313261329496

372}54313274

297415442452

613508684594364577548849

713651

455417318287313481

316320268220

247366355423

579452607540363463499846

644576

945



Table 5.—-Salaries, Wages, and Entrepreneurial Net Income, by Industry Groups and States, 1929, 1939 and 1941[In millions of dollars]

Region and State

1941

Agri-culture

United States total 7,240

New England:MaineNew HampshireVermontMassachusettsRhode IslandConnecticut



West North Central:MinnesotaIowaM issouriNorth DakotaSouth DakotaNebraskaKansas

South Atlantic:DelawareMarylandDistrict of Columbia.VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFlorida

East South Central:KentuckyTennesseeAlabamaM ississippi

West South Central:Arkansas-.^LouisianaOklahomaTexas

Mountain:MontanaIdahoWyomingColoradoNew MexicoArizonaUtahNevada


371025486

42

21464

185

263223385192276

305448216149114155207

1447

12846

23490

163

163160156175

192115204554

97835397534341

13099

445

Othercommod-ity-pro-ducing

27, 475

15311660

1,300267842

3,5751,5223,113

2,296976

2,2002,114671

314212497152468139

107477103363435413193276151

27230230588

78208160541

79432912032547124

362210

1,508

Dis-tribu-tive

17, 538

473468291237

2,764601

1,319

1,043428

1,456729359

3692615405547151195

47284158280166212103243223

22917690

100214174678

5640153445878

301182

1, 447

Service

15,066

84523267282259

3,152589

1,043

775303

1,121512270

2711933863443112132

3626220122311418089202214

15818112673

78168142522

44351911628434912

216116

1,309

Gov-ern-

ment

8,197

562517

3935091

1,091279519

336143435297141

13910517725316592

1614141921160145116154130

10613310583

60136104330

3630247429403614

24072

645

1939

Agri-culture

i, 029

301121394

31

15249144

191161281139179

202340156726899104

935

"103"39

1828812567

125106

117100121373

5754 j3462353029

7765303


16, 742

977637811160437

2, 303854

1,881

1,332551

1,3781,157432

21915735611205296

522625621628728112117491

17919016854

55140125386

5033248924394717

211124830

Dis-tribu-tive

14, 506

74413058079195

2,422515

1,090

824329

1,143554298

3352284564742128166

3522912421513317582195191

16717913374

87189166590

67483112938496221

245152

1,127

Service

12, 893

72442957471222

2, 688505910

659253967433230

239168331303698112

282181681869615575172182

13115210559

67146123443

38311610124364110

17899

1,146

Gov-

1929

Agri-culture

6,154

3227162623981

895224413

293125376247134

1289613625

6, 458

46163146533

22854176

222168273155277

266344205118

58

139131011753934877

74806445

428280221

3524196425312811

11657

469

128190166

1248

~1485619810917761

176152175186

158140177474

7369316034303711


21, 782

10910857

1,202218525

3, 5121,0612, 686

1,761649

2,0761,262603

260187481161972139

5625967201317238100184100

20619219671

80165236388

68393610620636517

245130937

Dis-tribu-tive

16,969

84423666591215

2,789538

1, 433

1,017400

1, 552659347

3532795746156174231

3624110824517018687225172

219217173102

118187222663

77463815334517120

267150

1,096

Service

16,013

85503571590241

3,787643

1,192

817292

1,340552273

2552104443943131146

3123416018710915475189171

15317112781

85172164456

41291712524414510

215118

1,252

Gov-ern-ment

4,938

2722142263168

701196329

233110319240107

1018511426274978

1067183854570396360

55565238

356068166

332116511725228

9149351

Year

Table 6.—Income Payments, by Type of Payment and By States, 1929-41[In millions of dollars]

1929....1930 —1931—.1932___.1933—1934—.1935 —1936—.19371938193919401941

52, 45047, 53739, 90130, 903

46,235 128,57952,865 32,46358,493 135, 457

73, 30361, 966147,367

; 67, 95772, 27566,11DO, 11/ 4U, t)WJ70,747 43,749

39, 77444, 42540, 660

76, 25391,621

48, 31260,142

1,0801,1772.2971,7892,3473,2473,5635,3953, 7964,8474, 7604,6794,254

13, 62910, 0187,2644,8496,5497,5259,47610, 87011, 92010,12311,05611,51614, 684

15, 38014,57112,5049,8268,7609,6309,99711,91812,13410,48711,18111,74512, 540

Total

822614495393384499551669690643680759985

Alabama

502432345260249297314373415382415480637

12132720304441614056576058

22192607064110144174169147148157222

Total

Netsala-riesand

wages

Otherlaborin-

come

Entre-pre-neur-ialin-

come

Arizona

247213175126128156175209241218232231289

170145119898092105123148134141146176

66108122020272024222222

41342414222730354735423660

See footnotes at end of table.



Table 6.—Income Payments, by Type of Payment and By States, 1929-41—Continued

Year Total

Netsala-riesand

wages

Otherlaborin-

come

Entrc-pre-neur-ialin-

come

Divi-dends,inter- I Totalest, Ietc.

19291930193119321933193419351936-19371938—193919401941

1929.1930.1931.19321933.193419351936.1937.1938.1939.1940.1941.

1929 :..193019311932193319341935193619371938193919401941

1929.1930.1931.1932.1933.1934.1935.1936.1937.1938.1939.1940.1941

1929...1930...1931-1932..1933...1934...1935...1936-1937-1938-1939..1940-1941..

California

5,2124,8944,1763,2113,1633,5833,9524,7865,1054,8085,0805,6046,658

3,1733, 0262,5752,0731,9012, 0862,3072,643 12,971 i2,8523,0303,4024,226

7178147112138185246351261319342380346

772715525342482597639824906724796866

1,064

1,1961,075

929684641715761968968914912955

1,023

District of Columbia i

637642615545490550627755785776809876

1,034

452455442401346385450515563557595658797

,0122116192630533941393839

62534532374043505253555870

113123108968899103137132126121121129

Illinois

6,8905,8014,7423,4673,3133,7434,2014,8565,3444,7705,2095,6546,712

4,6913,9713,2092,4022,1952,5022,7383,0783,4743,1443,3653,7734,591

6972147141172224222355256309325335287

863676516326443432610613767635739723952

1, 2671,082

871599504585632810847681781823882

Kentucky

966788669517512609687823880788840900

1,075

557501416318307346389440479446475530643

20224232384248775562676563

2511381088389129154196239181196198254

Netsala-riesand

wages

, Elitre- n i v .labor

in-come

-i-in-

come

Colorado

Otherlaborin-

come

Entre-pre-neur-ialin-come

Divi-dends ,inter -est,etc.

Delaware

611568476365371414462553603542577607701

389356304243220242258297332307327342400

12132317243843625055565956

1071006538696786102131103116123157

Florida

13152921294246684567585444

1301058758728494110119106116121153

374384350280252271280328328272299316337

Georgia

86666448475360727354717681

Idaho

710654560450434525594721782756825912

1,055

440395340278255296334383431438468530634

10112217273835574051596263

124127977277100116134143120132143168

136121100

837592

110147168148166177190

Indiana

1,8771,6041,337

986992

1,1841,3361,5991,7451,5501,7201,8552,367

1,3031,114910676645767852

1,0031,152981

1,1061,2541,653

323465525675801288913512511399

314241186124173205256282315269305293405

227215176133119138148186188165184195210

780647524542678750863889848899979

1,206

585532455363355408441489542511547609782

14153322304749714657636563

252137757390147178200198184191201249

107978467667683

1031039698

104112

Iowa

1,2981,238

979645694644

.9391,0181,1211,0771,1761,1591,421

672636549434377417454499538524558578665

18204229344445835263656662

4324222638920587338310410375426382548

175160126947897104125121115127134146

226203155115122158176213236215222237280

1311189777698093107122120121128149

i3498101616241618191917

Kansas

917876714488494566644744797696695743915

523480409328293322337367405387384396477

18193624294046704551525452

237 I265 !17669108125177205240171171201283

1917139101213171715151517

1401119466627983102107888892103

Louisiana Maine Maryland *

13812810484799296

109107 I98

103107116

Massachusetts

863722637495481583630737781785826866

1,028

527495420327308346375411474475499542654

131531263643

u\45 !56 |61 |

19596846372

113127157150143152144181

12811710379658186106114111114118127

446428379296296320353398407375400430514

271258230184179195208225245226243267341

9101613151921321927262824

"I

87888568616465757669717478

1,1,

1,1,1,1.1,1,

126057943759732825883015089024099213498

699653574463433485524595674630701792

1,036

12132822284238604052475146

148 i105 i90 I63 j85 1100 I114 i131 !133 :118 j127 ]134 !166 !

267287251210186198207229243223225236251

Michigan Minnesota Mississippi

3,7993,5163,1602.5572, 3842,5882,7523,0883,1922,9293,1093, 3313,968

2,4702,2521,9811,5671,4351, 5531,6821,8321,9901,8211,9542,1292,709

505811097112146172241174235221223188

379289238168204226249289302274289302358

901917832726634664649727726599644677713

3,5442,9382.4101.8121. 6362,1252,4632, 9253, 2592,7103,0643, 4334. 358

2,4202.0381,6361,2951,1431.4781,7181,9602,3441,8422.1302, 4853, 318

38431007693

127125186117238209178151

447325247178223276326386411336377401493

639532427264177244295393387294348369395

458 j350148852838941 I115309 !386 j317 i384429663

861821715577509561627703789759791814940 !

2022493442798413295117115108103

372318211110169167269306338299323344447

205190172131118134136169164142155162174

546381284247242322357445428387427482605

257225177143128146154179195180206229297

221 |100 |

60

53 :61 :69115 :139178159130140 j168 ;210 :

3325243234414140414251



Julv 1942 SURVEY OF CURRENT BUSINESS 25


Year

1929—1930...1 9 3 1 . . . .1932.. .1933. . . .1934. . . .1935. . .1936. . . .1937.. .1938—.1939—1940...

1929 ._ .1930.__19311932 . . . .1933—1934193519361937193819391940. .1941

192919301931—193219331934 . . . .193519361937...1938193919401941 .

192919301931 _1932193319341935193619371938193919401941 . . . .

1929..193019311932193319341935. . . .1936 _.1937 .193819391940-1941 — .

Total

Netsala-riesand

wages

Otherlabor

in-come

Entre-pre-

neur-ialin-

come

Divi-dends,irter-est,etc.

Missouri

2,1861,9711,6811,2821,2461,3791,5271,7551,8121,6941,8151,8882,215

1,4021,2951,099861784866918

1,0111,1011,0341,0911,1521,369

2932664752758514499120125126116

414305234152215219290319333294334333433

341340283222195220235282280247265278299

301277253195196221234254266254266277320

New Hampshire

204191168126124139148152165159169178214

559781212201419171715

34242014192326303127292734

North Carolina

1,

1,1,1,

979809685559636787856960025976061137379

578538461366377429466524584576632709861

11123020293940664057576360

268147

147218243246276230248235315

122112967684101106123125114124130143

Oregon

612522439333330396450554577542590628773

390357299229212243276318360345379405513

1449165485984102132129101115124160

South Dakota

302282217130134175202212215218234239297

1311251109177809096100101106109124

44107133022352929242219

14112978183252746670728890133

Total

Netsala-riesand

wages

Otherlaborin-

come


come

Divi-dends,inter-est,etc.

Montana

330271220162167228267294312280300324383

211179149117103122149172189168175189220

66118132223362832272624

5736193462746370577282110

Total

Netsala-riesand

wages

Otherlaborin-

come


come


Nebraska

728737587361406406507564577523534563658

374358314248220246253274287278283294337

9102113152632513943414341

2412791754812279162173188143149161211

104907853495561666360616570

New Jersey : New Mexico

3,2193,0342,6692.1171,9532,1582,3192.6422,7842,6102.8083,1173,737

2,1201,9751,6921,3461,1941,3341,4401,5911,7661,6721,8212. 0912?639

3841785877

116124190136162163153134

368298234163206220250296326290294312373

693721665550475489505565557487530560591

North Dakota

283238159122130131 i191 I202232203 !221 i235 I312 |

1371241088575808894999797102122

1239328183617696291668798155

Pennsylvania

7, 3536,6465,5794,1664,0124,6124,9745, 8086,1735, 4415,8296, 2917, 542

5,0214, 5613, 7242,7862.5993,0183, 2123, 6424.0803, 4713,7784.203.r>, 331

8994

172121200272344482350490451405334

787570445309380442510608661560613648782

1,4571,4201,238

951833880909

1. 0761.082

921988

1,0351, 095

Tennessee

919748619489497635696820863736855933

1,172

562514417320324390423475525486530587752

16173627284043684356596764

227113837984129150182199165173179246

115104846262768096968893100110

1531341168795118135167181167181193225

9083756157657388979598103120

347561417231516171818

40292112232833415239465265

Ohio

4,9244,2483, 5542.6002,5823,0413, 4204,0484,3903,7844,1514,4665, 544

3,4262,9462,4101, 7731,7251,9992,2552,6022,9532,4672,7383,0483,970

7881139104150195207321221310310269230

619446349237300385464528584487531544700

801775656486407461493598632521573604644

Rhode Island

574522473382361387422471490445478511621

385343295229220237270288315281308333437

791918131518312336313224

50383023273033394036404151

13213312911210010510111211393

100104110

Texas

2,5962,1941,8191, 4601,5231, 7531,9362, 2682, 5342,4242, 5452,7113,230

1,4621, 3641,150930855967

1,0311,1711, 3361, 3441,4121. 5051,794

3335805672102107177121134143150160

684422288241358383481526647536589637817

418372300233238301316394430411401419458

Total

Netsala-riesand

wages

Otherlaborin-

come


come

Nevada

7164504757687783748793

107

2232244644565

1413948912141512141515

New York *

14, 65613, 47511,5148,8928,5409,3989,974

11, 28211. 69710, 81511,3692,0863,854

9,0118,4437,1525,4234,9985,5815,9706, 5127,0776,6387.0257.5779,023

161180312261368504575791566672643619563

1,9821,4351,081716911976

1,1211,3561,3851,2481,3271,3991,643

Oklahoma

1,047827650502533578662750836765793830976

536416326293326341377426408418437501

16184237374950886975787777

2591319768131114178174218177194207279

South Carolina


Utah

276245203148152174201233257245251274325

18416113310495108125139166155159177210

4486111819241723222324

55473317272837444944454964

1010768

11131413151617

3, 5033,4182,9692,4922,2622,3372,3082,6232,6702.2572,3742,4912,625

1631429570718993

112124105104109119

453371318257288358384453472447492546672

273255219179184214226254287271297348463

781811232827483139434442

1367049435685100113115101114115125

37383224253232383936383941

33332821181920262523242627





Year Total

Vermont

1929.1930.19311932.1933.1934.1935193619371938193919401941

1929.1930.1931.19321933.1934.193519361937193819391940.1941.

214191168130124138152175173158170180207

1281151017771

961049299107128

1481110109

45342619212733363229333439

Wisconsin

1,9071,6411,333996979

1,1251,3201,5521, 6361,4951,5631,6522,011

1,2021,047864660602689788884

1,009911952

1,0221,271

242654446589901349412111410895

403308209126175199275336335287311323434

278260207167137148167199199175186198211

Total

Netsala-riesand

wages

Otherlaborin-

come


come


Total

Netsala-riesand

wages

Otherlabor

in-come

Entre-pre-

neur-ialin-

come


Virginia 5

995860768637617737813943985942

1,0121,1271,396

648605536438414467506564622611659756979

13153422253639704250505651

216120878592132161181185164173178218

1181211119286

101108128136117130137147

Wyoming

1531411198792

110121139143138147152186

1019380625562707682828287104

22645881611101097

36332313233032333733424360

Washington

Total

Netsala-riesand

wages

Other E"*R1"! D i " -labor

in-in-come

comeetc

West Virginia

1,103979795597601708778968

1,009948

1,0091,1181,444

724663539416382434489566631609656746

1,003

16173426374753997084787681

21216311377109144152189191155165181237

151 ,13610979738384

115116100109115124

798685589455461572610731772697729794947

585529444338335407430491544479511570701

|1414 j27

1 8 I36 |4141 !67 |45 !6455 !5353 !

112 j57 !48 !40 !

45 !70 i81 I99 i107 !89 :93 i97115 !

88857053475558737564707378

1 In adjusting to residence basis, deduct from salaries and wages and from total: 1929—62; 1930—64; 1931—64; 1932—60; 1933—55; 1934—63; 1935—77; 1936—92; 1937—1121938—122; 1939—143; 1940—171; 1941—229.

2 In adjusting to residence basis, add to salaries and wages and to total: 1929—30; 1930—31; 1931—31; 1932—29; 1933—27; 1934—31; 1935—38; 1936—45; 1937—55; 1938—60; 1939—70; 1940—80; 1941—107.

s In adjusting to residence basis, add to salaries and wages and to total: 1929—676; 1930—633; 1931—536; 1932—407; 1933—375; 1934—419; 1935—448; 1936—488; 1937—5311938—498; 1939—527; 1940—568; 1941—677.

* In adjusting to residence basis, deduct from salaries and wages and from total: 1929—676; 1930—633; 1931—536; 1932—407; 1933—375; 1934—419; 1935—448; 1936—488; 1937—531;1938—498; 1939—527; 1940—568; 1941—677.

8 I n adjusting to residence basis, add to salaries and wages and to total: 1929—32; 1930—33; 1931—33; 1932—31; 1933—28; 1934—32; 1935—39; 1936—47; 1937—57; 1938—62;1939—73; 1940—91; 1941—122.

NEW SERIESTable 14.—SALES OF PAINT, VARNISH, LACQUER, AND FILLERS '

[Thousands of dollars]

Month

JanuaryFebruaryM archAprilMayJuneJulyAugustSeptember , < ,̂ u wOctober | 35,355November j 29, 489December | 30,494

TotalMonthly average

10,4/39,562

15, 61719, 51424, 09822,41218, 53618, 89218,41217, 73513,89413.927

24, 15021, 26631, 26337, 90042, 72840, 46535, 39234, 73234, 800

TotalClassified

Total Indus-trial Trade

Unclas-sified

Unclas-sified

1937

31,28931,01639, 49846, 34545, 25541,65636, 00535, 30534, 49032, 79226, 10519, 349

419, 104

34, 925

28, 50428, 32636, 00041,86140, 99237, 69232, 68932, 03931, 16029,70423, 68017, 382

380, 029

31, 669

12, 45712,88516, 60116. 75916,78515,34314, 18713,51812, 99413,44710. 8<J08, 294

1G4, 160

! 13,680

16, 04715,44019, 39825,10224, 20722, 34818, 50218, 52118, 16616, 25612, 7919,089

215,868

17,989

1939 1840

January J 25,166February ! 25,399March I 32,888April | 33,9S9M a y | 41,854June I 38, 505July | 30,759August j 34,449September I 38, 379October i 35,828November I 30, 472December ! 26,810

Total j 394,508Monthly average j 32,876

12,31711,14612,64013,85014,15012,58212, 73213,65113,45915,95314,04913,435

2, 7852.6903, 4984,4844, 2623, 9653, 3163, 2663, 3303. 0882, 4251. 966

22,11522, 62630, 72934, 73236, 82733,93727, 94630,18231,04730, 00726, 25321,281

19,73120,47827, 64531, 25533, 03630,53225, 17427,12027, 92327.11423, 82219, 178

2,3842,1483,0843,4773,7913,4052.7723, 0623, 1232. 8932.4312.103

31,40630, 74136, 59947,23953, 06249, 07244, 40744,14045, 33446,17837, 53137,861

15,09214,97417,03319, 26620, 54421,02220,13320, 24719,70921,45418,72719,200 !

16,31415,76719,56627.97232, 51S28,04924,27523,89325, 02524,72418,80418.

3,1982,9503,5864,7255,3515, 2654, 5734,5065, 0294,9603, 8373, 848

214,155 I 38,395 555,399 j 503,509 ji 227,400 | 270,169 j 51,83017,840 j 3,200 40,283 j 41,964 || 18,950 | 23,014 I 4,319

1 Compiled by the U. S. Department of Commerce, Bureau of the Census, from reports of 080 establishments. Of this number, 580 reported classified sales and 100 reportedonly total sales. The reporting establishments accounted for approximately 90 percent of the total output of the industry as reported by the Census of Manufactures for 1939.

Data previously published in the Survey covering reports of 579 establishments are not comparable with the present series. However, the relationship betwe-en the totalsales for the two series has been relatively steady, as shown by overlapping data so that, for purposes of general comparisons, the total sales for years prior to 1930 as publishedin the 1940, 1938, and 1936 Supplements may be raised by 4% to obtain an approximately comparable series back to 1928. For 1942 data, see p. S-23.Digitized for FRASER


Julv 1942 SURVEY OF CURRENT BUSINESS S-l

Monthly Business StatisticsThe data here are a continuation of the statistics published in the 1940 Supplement to the SURVEY OF CURRENT BUSINESS.

That volume contains monthly data for the years 1936 to 1939, and monthly averages for earlier years back to 1913 insofar asavailable; it also provides a description of each series and references to sources of monthly figures prior to 1936. Series added orrevised since publication of the 1940 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanyingfootnote indicating where historical data and a descriptive note may be found. The term "unadjusted" and "adjusted" used todesignate index numbers refer to adjustment of monthly figures for seasonal variations.

Data subsequent to May for selected series will be found in the Weekly Supplement to the Survey.

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

1943

May

1941

May June July August Sep-tember

Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary

Febru-ary March April

BUSINESS INDEXES

INCOME PAYMENTS!

Indexes, adjusted:Total income payments 1935-39 =100__

Salaries and wages _ do.Total nonagricultural income -do

Total .mil. of doLSalaries and wages:~ ital.T . do . .tal

Commodity-producing industries..doDistributive industries __ doService industries doGovernment.. doWork-relief wages do

Direct and other relief do. ..Social-security benefits and other labor income

mil. of doL-Dividends and interest doEntrepreneurial income and net rents and

royalties mil. of doL-Total nonagricultural income. do

AGRICULTURAL INCOME

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

Unadjusted. 1924-29=100,.Adjusted. do. . . .

Crops doLivestock and products do

Dairy products doMeat animals doPoultry and eggs do

INDUSTRIAL PRODUCTION!(Federal Reserve)

Unadjusted:Combined index* 1935-39=100..

Manuf actures % -doDurable manufactures? do

Iron and steelf doLumber and products*.. do

Furniture* doLumber*.. ___do

Machinery* doNonferrous metals*J doStone, clay, and glass products*..do

Cement doGlass containers* doPolished plate glass . . . .do

Transportation equipment*t doAircraft*? doAutomobile bodies, parts and as-

sembly* '__ 1935-39 = 100--Automobiles, factory salescf X- --doLocomotives* doRailroad cars* doShipbuilding (privateyards)*..do

Nondurable manufactures doAlcoholic beverages* doChemicals* doLeather and products do

Shoes* doManufactured food products*!-.-do

Dairy products*}: doMeat packing do

Paper and products* doPaper and pulp* do

Petroleum and coal products* doCoke* .doPetroleum refining do

Printing and publishing* doRubber products* doTextiles and products do

Cotton consumption* doRayon deliveries** doSilk deliveries* do.Wool textile production*.. do.

Tobacco products do •

p 162. 7P 175. 3v 160.3p 8, 656

P 6, 252v 2, 901

(a)

()

v 166M85

p 1, 6637, 802

110.0129. 5113. 0145.0134. 0155. 5133. 0

*>185P 2 4 10)*>137p 142v 134v 278p 188p 174

17819035

P 3 7 2

0)

()0)0)0)p 139

120p 168v 123p 120p 131

140

164

v 1200)p 156

175169

0)149123

133. 6141.5134.17,092

5,0572,1911,164

88270511593

158491

1,2936,518

83.596.582.0

110.0108.5118.583.5

155160192183134143130206191161163

••158142229876

152164256218381134120135122126119175132141145126

r 14912212616215716516966165121

137.0146.0137.97,937

5, 2422,3071,20090372810493

1591, 114

1,3297,334

86.096.081.0

110.0107.5117.590.0

160165198184140150135214187171174163149244930

10116428023342813813013812012212818812114314712815412412719215516017366163128

138. 9147.6139.27,739

5,1682,3461,2079066238690

157919

1,4057,057

99.098.583.5112.5107.5122.590.5

159164196185144149142216191165177

r 16196229997

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141.1149.3140.77,518

5,2632,4201,218

909636

8090

155463

1,5476,714

123.0102.095.0

109.0112.5114.087.0

162167199185151157148224189174181

'174109221

1,113

12047

30623648514212214213013715216711614615013115412812113015416017050

166122

143.1150.1141.38,280

5,4312,4811,229

9107327989

151918

1,6917,328

144.5110.099.0

120.0122.5129.088.5

167172206192148156144227191175184

' 168120245

1,204

13474

31924956014513714812913215914211914915113415213112513115115616832

169132

145.4152.6143.58,508

5,5922,5391, 251

9277958089

152855

1,8207,435

161.0111.5101.5121.0124.5128.092.0

168173210191145159138231185175185

'172117269

1,290

146110335278634143137153127125143115134151155135153132131134150161172

10164133

146.5153.7144.58,071

5,5552,5051,245

924802

7990

152549

1,7257,109

137.5112.5101.5123.0131.5122.5106.5

167173209191134154124229190169171170120275

1,340

14212333826464514411815112311613999

152152159136153134138

0)156167179

15166134

154.7161.5150.39,397

5,8302,5501,400

951842

8792

1591,583

1,7338,456

128.5134.0124.5143.0131.5153.5132.0

164171212196128155113241192147153

' 15380

2780)

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13810A15311611013098

165146154138160134131

0)154155179

0)178110

155.7163.2152.08,424

5,6652,533(fl>( a)(•)

7794

174820

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0)158169180

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5,7312,609(°)

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105.5'151 .0' 139. 5

156.0' 157. 0

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'8,699

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168*>177'2260)12914712026518514214117643327

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v 121*>127

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' 68: 92

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147.0

' 171180

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151157118

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177170

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'Revised. * Preliminary. cFFormerly designated as "automobiles." • Publication of data discontinued to avoid disclosure of military pay rolls.i Included in total and group indexes but not available for publication separately.* Beginning in December 1941 this series dropped from the index of industrial production and its weight transferred to the automobile bodies, parts, and assembly

series, which is more representative of production by the automobile industry.tRevised series. Earlier data on income payments revised beginning 1929 will appear in a subsequent issue. For industrial production series, see note marked with a

"t" on p. S-2.•New series. See note marked with a "t" on p. S-2. ^Revisions appear in the September 1941 Survey, see note marked with a "t" on p. S-2.Digitized for FRASER


S-2 SURVEY OF CURRENT BUSINESS Julv 1942


1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


BUSINESS INDEXES—Continued

INDUSTRIAL PRODUCTIONf-Con.

Unadjusted—Continued.Minerals* 1935-39=100..

Fuels* doAnthracite _ ..doBituminous coal,.. doCrude petroleum do

Metals** -• doCopper* d o —Lead doZinct do

Adjusted:Combined index* do

Manufacturers* - doDurable manufactures* do

Iron and steel* doLumber and products* do

Furniture* doLumber* . do

Machinery* ..doNonferrous metals** doStone, clay, and glass products*.-do

Cement do...Glass containers* do...Polished plate glass do...

Transportation equipment*! do._.Aircraft*t do...Automobile bodies, parts and assem

bly* 1935-1939=100.Automobiles, factory salesd" *- - - doLocomotives*. do.Railroad cars* do.Shipbuilding (private yards)*.-do

Nondurable manufactures. _ do.. _Alcoholic beverages* doChemicals* doLeather 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 coalfproducts* 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.Mineralst... .do.

Fuels* doAnthracite.. do.Bituminous coal do.Crude petroleum do.

Metals*t do.Copper**.. doLead* do.Zinct -do

MANUFACTURERS' ORDERS, SHIP-MENTS, AND INVENTORIES*

New orders, total Jan. 1939=100.Durable goods d o —

Electrical machinery .doOther machinery doIron and steel and their products doOther durable goods do

Nondurable goods d o —

Shipments.total average month 1939=100.Durable goods do

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

automobiles) .doOther 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. . .Textile-mill products do. . .Other nondurable goods do. . .

»176P184P239

0)P135P151vl27P278P187P153

14617835

P372

0)

()0)C1)0)P 1 3 9

111p 169v 125

1

3 140

117

v 156175169

0)149122

P 1 3 1P 1 2 7p 105P 1 7 3p i l lP 1 5 6

174

p 30'v 522

P 7 3 6P 222p 763v 169

P 253p 1P 2 6 6P 2 9 9p 214

3 1. 249p 209P 165

127118

88125118181159117127

154160190183132152122206189143134148142228876

152151256218381135114136124128123129132142145125149122122162157165169

7116511912512180

'147114152159115127

207290308276307269154

161195192207192195

382170134155128145120166148120

131123116132120181152116136

159164195184135155125214186149138155152243930

161148280233428139122144132138127124124145149127154123128192156160173

73163118132129126153120151155117136

229330316298289429164

170207202214218201

429179141164137149126182161115

130121107128119184147110125

160165199185141161131216192151143154146255997

168154307233467138130146130134126126125146150128154124127153155162173

77157114131127137146119151156114125

212295339294281301159

163197178208199198

438171137155131147129165155121

134125120135122187152116131

160166199185140152134224189154148

' 159133241

1,113

14193

306236485139128145122121132127134147152130154126129130154160170

56166118132129162147119148155116131

19625730929022326515:

16819295201209210

486185149155140154137157176146

137129122144124182152120135

161167203192136149129227192157154

' 165120245

1,204

1347431924956013713114612011813013912614414913215212812513115115616834169121131128127139124' 14615412013!

202260304265249258165

185212133226232216

571197164175163165137177186153

138131123142127181156119134

163169207191135146129231185158159

' 167102269

1,290

14611033527863413912914812512313414613314615013315312912713415016117210164128130127116127128146151119134

193239359246213227163

183215178218222207

60818715716815216913117217914'

13513099143128161157128131

166172208191135148128229190162164

' 169105275

1,340

142123338264645144109149134134141146135153

'160135153133136

0)1561671791518613213112897125132147152127131

212265314326225258178

183220190230233201

186155168150175142150171144

12512994

13812998

159124138

16717421519613814913224119316719116567

••278(>)

120

I116152128131137

'155142155162139160135130154155179

12913.12789124132153157122138

232332396367248413167

188228174260247208

803186157163151171139149183149

' 12513110414412991158131138

171M7922219114315313824819419924918465304

0)

118

0.0)143139

'156' 127'125*>140» 155148

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0)158169180

(016113213112889129132150161131138

268414347414245719174

184214152211229200

829176161170160171141131184150

'125130121141127'92160140146

172180226193144146143255190189236178493130)

105

()0)0)142133

'161' 121117M41P153141149155131161126125

0)157174174

(0'153130129125110120128

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292463452648256645182

199232133249260208

19.173181171173133144204172

'171'179'2290)13414512826518417118818741

'327(0

105

(*)0)

139116

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0)152169175

0)148125127122113146114154162134

125-"121

122'150r 109'154'169

135

27442'47'442256673176

199235131257270211

L, 018196171176162173130147206ISO

'173181

'232

'133'146127

'268182

'15316117643

'346

v 106

0)C1)0)'139109

'164'126'124v 136p 149'142148153119

'162112

' 1160)' 157177170

0)153127130

'126114178

'107' 152' 164132

'292449

'548'467'274'677'192

'200'239'131

259r279'207

,108'196

168173

'159165132159

'213172

* Revised. *> Preliminary, i See note 1, p . S-l. 2 See note 2, p. S-2. cf Formerly designated as "automobiles." *See note marked " t . "fRevised series. Revised indexes of industrial production for 1919-39 (1923-39 for industrial groups and industries), including the new series, are available on pp. 12-17 of the

August 1940 Survey, except for subsequent revisions in the series marked with a "*" and data for all years for the new series on "automobile bodies, parts and assembly;" datafor the latter series and revisions for the series marked "%" (with the exception of revisions in the zinc series and resulting changes in the combined indexes for minerals andmetals) are available in table 24, pp. 24 and 25 of the September 1941 Survey; the latter table includes also revisions of 1940 data for petroleum and coal products, coke, textilesand products, wool textiles, fuels and anthracite. Revisions for zinc and the combined indexes for minerals and metals will be shown in a later issue. In some industries,recent conditions have obliterated seasonal movements and the seasonal factors have been fixed at 100 beginning at some time in 1939 or 1940; see latter part of note markedwith a "f" on p. S-2 of the February 1942 Survey (except that the date for the automobile series given at end of note should read September 1941 instead of 1940).

•New series. For industrial production series, see note marked with "f". For description of data on manufacturers' orders and shipments and February to June 1939indexes of new orders see pp. 7-13 September 1940 Survey; see subsequent monthly issues for later indexes of new orders. Revised figures beginning January 1939 for shipmentswill be shown in a subsequent issue.


Julv 1942 SURVEY OF CURRENT BUSINESS S-3


1943

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu- | Febru-ary I ary March April

BUSINESS INDEXES—Continued

MANUFACTURERS' CKBERS, SHIP-MENTS, AND 1NVENTORJES*-Con.

Inventories, total averoge month 1939=100..Durable goods do

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

mobiles) average month 1939=100_.Other durable goods do

Nondurable goods doChemicals and allied products doFood and kindred products _doPaper and allied products doPetroleum refining .doRubber products doTextile-mill products doOther nondurable goods do

V

T>

V

V

V

V

V

V

V

V

V

V

V

V

V

170190219269.202130

704.

73]071

3140. 3153.159.

69

161.1146. 9113.1

163.157.

63

128.7144.1155.1183.9144.1124.5

403.1116.5115.2118.4117.3117.6103. 2143.1126.6105.3

i

132.0146.7152.8190.6146.4125.5

428.4118.0119.2119.5123.0118.8104.9143.3129.4111.9

136.4150.3138.3198.7151.1126.9

467.4121.8124.3122.9133.2122.1106.3145.8135.3115.0

140.0155.8163.9206.5156.5126.5

504. 7123.8126.2125.2139.9124.2105.8141.4132.1117.1

143.4160.5187.6212.5158.7126.0

552. 2125.0128.4126. 0142.8125.4107.7133.5133.6121.9

148.2166.2195.0225. 5166.4125.9

600. 2127.4132.5128 2146.7128.6110.4131.8137.6128.9

152.7170.3193.3231.6173.3127.8

618.2130.9137.4132.0153.4132. 0111.9134.6143.5134.1

158.4175.5193.3234.1380.0129.2

663.4136.4143.5143.7162. 0135.1113.2143.6147.3138.7

161. 9179.2190.8243. 9187.5327.2

693.9139.5146.9147.8163.6134.4113.4149.7151.5145. 4

163.0180. 8190.0250. 3191.4125.5

709.1140.6147.4150.9158.9137.8115. 5149.6154.1147. 3

165.6183.4193. 6255. 5195. 0125.7

732. 5141. 3150.1155. 6156.8140.0115.0155.4156.2155.6

r 167. 0r ISO. 6r 202. 5

264. 2199.1

r 127. 5

r 742. 8r 141.5r 149.9r 157.7r 157. 9'141.1

114.5154.3

' 155. 8r 152. 8

COMMODITT PRICES

COST OF LIVINGNational Industrial Conference Board:

Combined indexf 1923=100.Clothing do. . .Foodf do. . .Fuel and light do. . .Housing do. . .Sundries do._.

U. S. Department of Labor:Combined index*... 1935-39=100.

Clothing*.. do. . .Foodf do. . .Fuel, electricity, and ice* do.. .Housefurnishings* do.. .Rent* _._do...Miscellaneous* do.. .

PRICES RECEIVED RY FARMERS§U. S. Department of Agriculture:

Combined index 1609-14 = 100..Chickens and eggs do.Cotton and cottonseed doDairy products doFruits doGrains ...doMeat animalsf--. d o _Truck crops do.. .Miscellaneous do

RETAIL PRICESU. S. Department of Labor indexes:

Anthracite 1923-25=100...Bituminous coal (35 cities) doFood (see under cost of living above).

Fairchild's index:Combined index Dec. 31, 1930=100-

Apparel:Infants' . doMen's doWomen's do

Home furnishings _ do. . .Piece goods do

WHOLESALE PRICES

U. S. Department of Labor indexes:Combined index (889quotations*). 1926= 100..

Economic classes:Manufactured products .doRaw materials doSemim anufactured articles do

Farm products doGrains doLivestock and poultry do

Commodities other than farm products*1926=100..

Foods doCereal products* ...doDairy products doFruits and vegetables doMeats . do_._

Commodities other than farm products andfoods 1926=100..

Building materials doBrick and tile._ doCement J doLumbert doPaint and paint materials*. do

Revised.

88.699.190.591.1

104.2

116.0126.5121.6104.7121.5109.7111.0

152134159143131120189152138

88.996.1

113.2

108.3105.2113.0115.7112.2

*>99.099.792.9

104.492.2

117.6

98.989.093.596.7

114.8

v 95.7110.198.094.2

131.5100.6

87.473.682.286.488.098.5

102.9102.8102.1101.1103.2105.7102.5

11210798124899313613093

82.890.1

96.3

97.7

94.398.9

84.9

87.179.786.476.474.588.0

86.679.578.281.664.087.2

87.4100.491.991.5116.889.3

88.573.685.586.788.298.6

104.6103.3105.9101.4105.3105.8103.3

1181181071269796142'12698

82.490. 5

97.7

90.195.3

100.491.3

87.1

83.687.682.175,993.0

88.083.179.884.373.090.8

88.6101.092.591.9

117.690.3

88.973.886.287.888.498.7

105.3104.8106.7102.3107.4106.1103.7

.1251271211329398

151130107

84.692.0

99.6

98.791.596.9

102. 493.3

88.8

90.186.187.985.876.398.9

89.384.780.387.769.493.8

89.7103.194.292.1

122.391.6

89.474.587.388.688.698.8

106.2106.9108.0103.2108.9106.3104.0

13113012813510099

155133128

86.693.8

102.6

100. 093.3

100.4104.997.1

90.3

91.587.689.587.479.699.0

90.787.281.590.370.397.5

90.8105.595.192.1

127.593.3

90.876.989.489.488.999.8

108.1110.8110.7103.7112.0106.8105.0

13914115014089

106163145131

88.394.9

105.2

101.295.5

104.1106.999.9

91.8

92.890.090.391.085.3

101.1

91.989.585.893.370.799.4

91.6106.495.792.2

129.194.7

92.078.390.790.089.2

101. 5

109.3112.6111.6104.0114.4107.5106.9

139146144145107101154164144

88.795.8

106.2

102.196.5

105.7108. 5101.6

92.4

93.989.789.990.081.494.5

92.888.986.495.275.893.6

63.4107.396.692.7

129.596.0

92.979.692.290.289.5

101.9

110.2113.8113.1104.0115.6107.8107.4

13515713614898

103149158128

88.496.3

107.5

103. 297.5

106.9109.5103.7

92.5

93.890.289.790.684.390.6

92.789.385.996.377.990.8

93.5107. 596.693.1

128.795.3

93.280.192.690.389.9

102.2

110.5114.8113.1104.1116.8108.2107.7

14315313814898112157162154

108.3

103.798.1

107.7110.2105.0

93.6

94.692.390.194.791.097.4

93.390.589.395.573.895.3

93.7107.896.793.4

129.496. 5

94.582.495.290.390.1

102 5

112.0116.1116.2104.3117.2108.4108.5

149147143148102119164204169

88.896.7

110.2

104.9101.1109.1112.7107.1

96.0

96.496.191.7

100.895.9

105.7

94.893.791.196.078.3

101.6

94.6109. 396.993 4

131.699.1

95.184.595.790.490.4

102. 9

112.9119.0116.8104.4119.7108.6109.4

14513515014798121173161133

88.996.7

111.9

106.7102.7111.2114.3110.8

9G.7

97.097.092.0

101.395.3

109.3

95.594.691.195. 085.2

104. 0

94.9110.197.093.4

132.799.9

96. 185.897.590.490.7

103.5

114. 3123.6118.6104.5121.2108.9110.1

146130151144111122180136132

88.996.7

112.5

107.5104.2112.1115.1111.8

97.6

97.898.292.3

102.893.8

113.8

96. 296.190. 694.387.7

109. 2

95. 2110.597.193. 6

133.1100. 8

97.188.498.890.191.0

104.1

115.1126. 9119.6104.2121.6109.1110. 6

150131158142118120190158136

87.595.9

113.4

108.6105. 6113.2115.8112.6

'98 .7

'98 .7100.092.8

104.591.5

118.3

' 9 7 . 298.790.294.197.7

112.8

' 95. 6110. 298.094.1

131.8100. 6

Preliminary. •Number of quotations increased to 889 in January 1941. JFor monthly data beginning 1933, see p. 18 of the April 1940 Survey§Data for June 15, 1942: Total, 151; chickens and eggs, 137; cotton and cottonseed, 153; dairy products, 141; fruits, 148: grains, 116; meat animals 191' truck crops 169°

.iscellaneous, 134. y ' l 'IRevised series. National Industrial Conference Board's index of cost of living and food component and index of wholesale prices of lumber revised beginning 1935 see

tables 5 and 7, respectively, p. 18 of the January 1941 Survey; since June 1941, the Board's food index is based on it." own data collected in 56 cities theretofore it was based onthe Department of Labor's series. For the Department of Labor's revised index of retail food prices beginning 1913, see table 51, p. 18 of the November 1940 Survey. Earlierrevised indexes for meat animals will be shown in a subsequent issue.

•New series. For description of data on manufacturers' inventories, see pp. 7-13 of the September 1940 Survey, and for revised figures beginning December 1938 see table40, p. 22 of the January 1942 Survey. For data beginning 1913 for the Department of Labor's cost of living series, see table 19, p. 18 of the Mav 1941 Survey for index ofprices of commodities other than farm products beginning 1913, see table 36, p. 18 of the September 1840 Survey, Data beginning 1926 for cereal products and 1913 for paintand paint materials will be published in a subsequent issue.


S-4 SURVEY OF CURRENT BUSINESS July 1942


1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


COMMODITY PRICES—Continued

WHOLESALE PRICES-Continued

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

foods—ContinuedChemicals and allied products! ..1926=100

Chemicalsf doDrugs and pharmaceuticalst -doFertilizer materials! doOils and fats* do

Fuel and lighting materials doElectricity.. doGas doPetroleum products do

Hides and leather products doHides and skins doLeather „ doShoes do.. . .

House-furnishing goods doFurnishings d o —Furniture do

Metals and metal products doIron and steel doMetals, nonferrous doPlumbing and heating equipment, .do

Textile products doClothing do.._.Cotton goods doHosiery and underwear doRayon* d o —Silk* do.. . .Woolen and worsted goods do

Miscellaneous doAutomobile tires and tubes doPaper and pulp do

Wholesale prices, actual. (See under respectivecommodities.)

PURCHASING POWER OF THEDOLLAR

Wholesale prices ..1923-25=100.Retail food pricesf do. . .Prices received by farmers . .do . . .Cost of livingf do.-_

97.396.5

129.179.0

108.678.0

59.1118.8121.4101.3126.6102.9108.1

97.5P103.9

97.285.698.598.0

109.6112.971.930.30)111.090.573.0

102.8

101.9104.196.7

104.5

83.686.898.771.180.675.667.780.155.3

106.4110.396.9

110.191.498.084.398.196.184.483.083.090.991.061.329.549.194.179.658.896.7

118.6123.9131.2116.4

87.299.969.980.677.967.281.059.9

107.8112.497.9

111.793.199.087.098.396.584.583.184.591.694.661.929.551.294.680.658.898.0

115.6119.5124.5114.9

85.287.3

100.074.083.778.566.880.860.9

109.4112.598.1

114.794.499.788.998.596.884.783.286.293.996.162.929.551.496.582.058.898.8

113.4118.6117.6114.4

86.087.5

100.175.387.379.066.478.361.4

110.2112.298.5

116.195.4

100.789.998.696.984.486.888.395.1

101.563.829.552.098.283.760.8

100.7

111.5117.1112.2113.8

87.488.2

104.476.691.379.260.781.761.7

111.3112.1100.0117.197.2

102.192.298.696.984.487.189.796.1

104.264.429.8

0)101.485.160.8

101.7

109.7114.3105.7112.0

89.788.4

124.177.393.479.666.278.961.7

112.6113.1100.9118.899.5

104.494.4

103.197.084.687.890.997.8

105.266.630.3

0)102.386.465.5

101.9

109.0113.4105.7110.5

88.3123.277.392.978.868.277.560.4

114.1114.0101.1120.5100.6105.295.8

103.397.184.887.991.197.9

105.467.030.3

(0102.687.387.4

102.2

108.9111.9108.9109.5

91.388.6

123.077.8

101.978.467.477.459.8

114.8115.9101.3120.7101.1105.696.6

103.397.084.889.191.898.4

107.567.030.3

0)102.787.667.4

102.5

107. 6111.9102.8109.2

96.095.3

126.378.6

106.478.267.676.459.5

114.9115.3101.4121.1102.4107.297.4

103. 597.085.493.693.6

101. 1110.569.030.30)103.089.371.0

102. 8

104.9108.998.6

107.6

97.096.3

126.579.3

108.278.067.677.058.9

115.3115. 5101. 4121.8102. 5107.497.4

103.697.085.697.995.2

105. 3111.469.630.3

0)104.389.371.0

102.9

104.1108.3101.4107.0

97.196.4

126.579.5

108.877.765.377.158.3

116.7116.6101.5124.3102.6107.797.4

103.897.185.698.290.6

106.6112.669.830.3(i)

108.789.771.0

102.9

103.2106.6100.7105.8

97.196.4

126.779.2

108.877.7

58.4119.2123.5101.3126. 7102.8108.097.5

'103.897.185.698.597.7

107.8113.870.630.3

0)111.090.372.5

102.9

r 102.0105. 898.0

104.7

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 doPrivate ownership do

Nonresidential buildings:Projects number-Floor area thous. of sq. ft..Valuation thous. of dol—

Residential buildings, all types:Projects number..Floor area thous. of sq. ft..Valuation thous. of dol..

Public works:Projects number..Valuation thous. of dol —

Utilities:Projects number..Valuation thous. of dol—

New dwelling units provided and permit val-uation of building construction (based onbids, permits), U. S. Dept. of Labor indexes:!

Number of new dwelling units provided1935-39 = 100..

Permit valuation:Total building construction do

New residential buildings .doNew nonresidential buildings doAdditions, alterations, and repairs, .do |

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

Total. number..1-family dwellings..- do2-family dwellings .doMultifamily dwellings do

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

40, 557673, 517568,988104, 529

8,33267,961297,885

28,02438,147147,964

3,480127,107

721100, 561

168.8

81.2117.251.372.9

1, 044, 57

12110410188

48, 531548, 700267, 454281, 246

8,44644, 596

202,492

38,09354, 571

201, 274

1,58996, 501

40348, 433

253.6

177.9221.6147.7135.4

43,88534,942

2,6166, 327

409,371

135111117101

46, 950539,106313, 650225, 456

6,26231, 898

200,456

38, 52752,098

205, 634

1,70199. 631

46033, 385

283.5

195.8247.7162.3140.5

47,99438,5872,6816,726

589,221

153118139115

49, 637577, 392348, 495228, 897

8,33938, 242

220, 612

39, 42952, 895

205, 049

1,487101,074

38250, 657

264.2

178.5236. 4135.9131.9

45,02536,072

2,4216,532

958,663

159111152112

50, 551760, 233520, 430239,803

10, 76663, 802

286, 741

37, 23462, 773

231, 529

1,871134,054

680107, 809

253.1

161.5233.2100.0125.8

41. 62234,6672,3634,592

529, 561

162105161105

41,497623, 292403, 495219, 797

7,82246, 810

218, 288

31, 79143, 624

175, 713

1,419131,123

46598,168

244.5

156.0219.8104.1112.6

40,38934,3952,8883,106

514,251

13784

14587

40, 920606, 349371, 345235,004

9,90754, 417

269, 553

29, 24645, 403

171, 772

1,26694, 563

50170, 461

198.8

136.6180.389.7

130.9

33,64628,3542,3102,982

406,332

12271

13874

29,150458, 620297,865160, 755

4,97831,023

192, 936

22, 63330,170

116,468

1,08688, 436

45360,780

171.5

103.9147.266.083.6

27,86820,833

1.5505,485

348,800

9859

12369

22, 941431, 626287, 722143, 904

3,61924, 908

171,016

18, 34425, 591

104, 276

715105, 989

26350, 345

120.7

104.4114.193.181.6

19,33815,4331,3532,552

269, 689

9668

11882

23,862316,846198,251118, 595

3,24521.113

123,231

19,83826, 864

102, 758

56764, 428

21226, 429

121.5

85.799.665.688.5

21,10315, 8501,5333,720

628, 780

11189

128100

40,000433, 557310, 249123, 308

4, 60031, 576

169. 606

34,49241,836

168, 014

68158,535

22737,402

223.5

129.9168.0104.274.8

36. 83823,4022,645

10, 791

G34, 823

12599

12595

55, 843610,799472, 817137,982

5,98242,456

231,834

47, 73150, 770

219, 276

1,72592,148

40567, 541

186.0

103.4145.568.695.8

32,12625,4502,3114, 365

729,485

••145'96••128

33,167498, 742354, 575144,167

5,20851,281

234,939

26,68338,341

162, 097

94558,477

33143, 229

220. 5

90.8161.043.193.4

*• Revised. **New series.

appear in a subsequent issue.

Preliminary. § Data for May, July, and October 1941 and January and April 1942 are for_5 weeks; other months, 4 weeks.For indexes of rayon and silk prices beginning 1926, see table 29,

898, 696

- - , . - . - _. _ ' No quotation.p. 18 of the May 1940 Survey. Data beginning 1926 for price index for oils and fats will

uuixs pruviutju. aau permit vaiuauuu ui utuiun-ig uunsiiuunuu me »uuwu in uauic /, p. xi ui iuv ±v±nu;u ±»iz ouivey. xveviseu uam uii nuiuoer oi aweiiing units provided for1939 are shown on table 18, p. 17 of the May 1941 Survey. Estimates beginning January 1940 cover urban areas as defined by results of the 1940 Census; a few revisions indata for 1940 as shown on p. 22 of the June 1941 Survey, are available on request.


July 1942 SURVEY OF CURRENT BUSINESS S-5


1943

M a y

1941

M a y June July August Sep-tember

Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


CONSTRUCTION AND REAL ESTATE—Continued

HIGHWAY CONSTRUCTION

Concrete pavement contract awards:Totalf thous. sq. yd.

Airports* do. . .Roads doStreets and alleys do-..

Status of highway and grade crossing projectsadministered by Public Roads Admn.:

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-._.

Grade crossings:Approved for construction:

Federal funds doEstimated 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 do_-_San 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 do.._St. 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 do. . .St. Louis do

Residences:Brick:

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

Frame:Atlanta doNew York doSan Francisco doSt. Louis do

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

Federal Borne Loan Bank Board :fStandard 6-room frame house:

Combined index 1935-1939=100..Materials doLabor do

REAL ESTATE

•Fed. Hous. Admn., home mortgage insurance: JGross mortgages accepted for insurance

thous. of dol__Premium-paying mortgages (cumulative)

thous. of dol—iEstimated new mortgage loans by all savings

and loan associations, total.--thous. of dol..iClassified according to purpose: !

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

Loans for all other purposes do-Classified according to type of association:

Federal thous. of dol—State members doNonmembers do

14,4629,8003,2671,394

1, 45527, 9686, 672

127, 511228, 535

8,2018,893

33, 65835,838

241233250224238

207.3

105.6138.2126.6124.8

106.0139.6127.2125.3

106.5137.4130.4125.3

103.8139.7124.8123. 5

103.3141.4120.2122.9

274.2

122.8121.0126.4

53, 488

,990,152

95, 009

17, 61053.09513, 6073, 8666,831

36,96643,00515, 038

7,7822,8043,4251,553

3,76542, 755

8,777134, 641261, 530

16, 75317, 812

37, 38438, 972

215214231196218

195.0

99.7134.0119.9121.1

101.7136.6123.2121.4

100.7133.7122.3122.2

95.2132.1114.6117.8

93.1131.9111.0116.6

256.8

111.6108.8117.0

119,566

!,033,684

130, 953

40,97554, 78118, 5065, 93010, 761

55,39654,49521,062

8,7763,1123,8781,786

4,11848,889

8,921139, 401270, 967

20,45921, 255

37, 71439,452

207

215214231197219

195.7

99.2134.9119.3120.3

101.3136.9122.7120.8

100.3134.3121.9121.5

94.6133.6115.0116.8

92.1134.2110.4115.5

258.2

112.4109. 2118.6

122, 963

,108,723

133, 640

44, 20755, 99317, 8915,6339,916

57, 54254,85721, 241

17,1249,5944, 8252,706

3,87947, 264

9,054141, 569276,100

17, 79818, 765

39, 54840, 939

219216233203223

197.5

99.6135.3120.8120.7

101.6137.1123.8121.1

100.9134.8127.3122.0

97.0135.9117.3118.3

95.2137.1113.3117.3

260.4

113. 6110.7119.3

114,247

,190,690

132, 972

44,91855, 68216,8166.0229,534

56, 56455, 67620, 732

9,5673,6063, 9102,051

3, 55744, 693

8,840138, 675272,079

14,66615, 820

42, 77844,249

221218234204223

197.8

100.5136.1121.5121.3

102.2137.7124.3121.5

101.8135.5128.0122.6

99.3137.5118. 9120.0

98.1139.1115.3119.5

263.1

115.1112.6120.0

107,137

,261,476

129, 727

42, 98755, 97315, 7855, 5719,411

57,59254, 54217, 593

54, 78654, 30320, 845

36, 32538,03013,012

8,9145, 4162,0611, 437

1,43124,055

6,817127,195231, 620

7,806

34,46736,814

238232248221237

207.3

105.4137.7125.7124.4

105.7139.0126.7124.9

106.4137.1128.6124.8

103.7139.3122.3122.8

103.2141.1119.5122.5

272.3

'122.3120.5125.9

69,225

,916,421

99.047

20, 48852,19614, 5084,0837,772

38, 48443, 93716,626

' Revised.§Beginning with the September 1940 issue of the Survey, indexes computed as of the first of the month are shown as of the end of the preceding month. The Engineering

News Record index is similarly shown in the 1940 Supplement as of the end of the preceding month.^Figures include mortgages insured under the defense housing insurance fund beginning April 1941 for gross mortgages accepted for insurance and beginning June 1941 for

premium-paying mortgages.*New series. Earlier data for concrete pavement contract awards for airports and for the total revised to include airports, not shown in the Survey beginning with tbe

March 1941 issue, will appear in a subsequent issue.fRevised series. Revised indexes of the American Appraisal Company beginning 1913 are available in table 44, p. 13 of the November 1940 Survey. For revision in total

concrete awards, see note marked with an "*." Data beginning 1936 for the Federal Home Loan Bank Board's revised index of construction costs are shown on p. 26 of theOctober 1941 Survey.Digitized for FRASER




1943

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary

Febru-ary March 1 April

CONSTRUCTION AND REAL ESTATE—Continued

REAL ESTATE-Continued

Loans outstanding of agencies under the Fed-eral Home Loan Bank Board:

Federal Savings and Loan Ass'ns, estimatedmortgages outstanding thous. of doL .

Fed. Home Loan Bks., outstanding advancesto member institutions thous. of doL-

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

Foreclosures, rionfarm:fIndex adjusted 1935-39=100

Fire losses thous of dol

1,850,157

181,165

1,692,197

27 223 233

1,657,647

145, 273

1,885,087

38.325, 637

1,688,297

169,897

1,870,305

36.724,943

1,717,507

168,145

1,854,824

37.323,698

1,750,934

172, 628

1,840,686

33.524,122

1,775,284 j 1,802,632

178,191

1.824,672

32.924, 668

184,311

1,809,074

34.230, 833

1,816,357

187,084

1,794,111

31.923, 822

1,825,108

219,446

1,777,110

32 431, 261

I

1, 835,133

206, 068

1.758.213

32 135 655

1,829,798

197,432

1,742,116

30 930 819

1,836,635

191, 505

1,724,229

2Q =,

30, 505

1,845,7S&

185, 235

1,709.064

27. 900

DOMESTIC TRADE

ADVERTISING

Printers' Ink indexes, adjusted:!Combined index.. 1928-32=100..

Farm papers doMagazines .doNewspapers doOutdoor do

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

Automobiles and accessories doClothing do. . .Electrical household equipment! doFinancial... do—Foods, food beverages, confections doHouse furnishings, etc.f doSoap, cleansers, etc ___doSmoking materials doToilet goods, medical supplies doAllothert do. . .

Magazine advertising:Cost, total . . .do . . .

Automobiles and accessories do. . .Clothing . . -do. . .Electric household equipment . . -do . . .Financial do. . .Foods, food beverages, confections do. . .House furnishings, etc do.. .Soap, cleansers, etc _do__.Office furnishings and supplies. -doSmoking materials -do...Toilet goods, medical supplies do. . .Allother... do. . .

Linage, total ..thous. of lines.Newspaper advertising:

Linage, total (52 cities) __.do.__Classified do. . .Display, total do. . .

Automotive do. . .Financial do. . .General do. . .Retail do._.

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 thcus. of dol.

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

Receipts, postal:50 selected cities do. . .50 industrial cities do

RETAIL TRADE

All letail stores, total sales * mil. of dol.Durable goods stores * doNondurable goods stores * do

By kinds of business: *Apparel doAutomotive do. _.Building materials and hardware do. . .Drug . do. . .Eating and drinking doFood stores doFilling stations doGenera] merchandise doHouse furnishings... doOther retail stores. do

53.867.9

9,1995691085652

2,54352

1,0051, 3162, 856643

15, 4211, 313965161403

2,352851640258809

2,8834,7852,064

107, 04422, 32684, 7182,3341, 24816, 52964, 608

1, 094

5, 41159, 542

15, 2f 6137,629

91063.383.685.090.7

8,6016557044100

2,60018994

1,3832,444294

18,7383,0861,166849454

2,4101,403567301943

2,3405,2192,515

122,44325, 62496, 8186,9391,74318,31409, 822

79.0

1,732

2,106

4.79446,898

14,802116,544

33, 7223. If 1

87.864.582.180.784.5

8, 429663385599

2,53120

9571,2842.449

332

15,4272,267803612380

2,292893397198863

2,4564,2671,890

108,43224, 29484,1384,9181,66416, 36261,193

80.2

1,500

2,083

4,82147,001

14,516116,275

31,2023. 824

MM3. '-'21

88.56.991.678.592.5

8,235672314499

2,22016

1,0921,3152.507

240

10,8231,416222315277

2,109320275122763

2,0332,9721,716

88, 82822, 37866,4513,1081,889

13,09448, 360

80.2

2,213

4, 70247', 643

14,833122, H'5

r 0 T37

I 90.568.386.581.989.9

7,964637

465576

2,13720

1,0091,3022,434

250

11,2791,346

675196278

2,110286331241606

2.0093,2022,066

95, 70723, 30672, 4013,0341,337

11,69256, 338

79.9

1,343

2,255

4,63647, 573

14.56722, 493

? 0,4-423,712

90.761.885.081.4

110.0

8,117630

674363

2,22016

9991,2522,592

234

14, 6431,2541,337

276412

2,133829333359699

2,4354, 5762,514

107,16021,74585,415

2,9801,534

15,34365,558

79.5

1,332

2,217

4,93250,413

14,795128,856

X< PR7S, W8

. (•I-:1

£!

89.167.786.382.185.5

9,679771594439

2,73058

1,0601,3213,151

446

17, 8852,1181,389436376

2,8931,214455291782

2,9394,9942,534

123,81522,010101,8055,6071,551

19,99374, 654

80. €

1,412

2,366

5, 20753,186

17,084149.199

36. <>484,-J24

1. 1283. M7

.'('4 471

1 ! . . <?.A'J

.r4°Ki"

4 M>

l . i i ; !

(<;] '2A ft

473 i

!.0f2 i?22 i7<62( .24.r8 i

1. 1253187242S 0479

3F75183(6If 6

89.563.292.083.270.3

9,723834

735551

2, 75274

9911,2503,078

566

18, 2352,1451,029

430482

3,010996503374870

3,0535,3432,682

120, 62421,00899, 615

4,8411,515

20,00273, 258

81.7

1,229

2,231

4,93150, 334

15.464134,759

83, 8053,821

4,5341,0673, 466

388518212159884

i,r.9n289735]O4

465

99.467.492.891.3

112.3

10,412948

614441

2,93658

1,1571, 3513,218

597

15,9281,116

880476355

2,555756331329705

2,6795.7441,937

125,48420, 534

104,9503,2911,702

17,04782, 910

82.8

1,414

2,675

5,82657, 537

17,557149, 204

48, 8026,161

5, 4731,2374,236

557522331211409

1,2182C0

1,106261568

80.551.572.374.580.6

10, 285818

874541

3,10266

1,1181, 3563,094

728

10,486659383103318

1.P37'318

242177733

1,8533,7631,940

89,34119,06470, 277

1.3202,204

13, 07653, 677

83.4

1,353

81.049.372.775.383.1

9,382713

844541

2,84559

9981,2152,846

536

13,044641660227357

2,648••417

515237673

2, 675' 3, 993

2,130

87,94418,19269, 752

1,5601,339

14,66252,191

83.9

1,172

2,594

5,74358, 379

15,707135,685

32, 5674,152

4,211767

3,444

80.447.569.474.894.2

10, 282645835654

3,11267

1,1251, 2983,122

551

15,811759

1,242237

'3902,941

798763243790

2, 922' 4, 727

2, 331

106, 90821, 97584, 932

1,9381,849

16, 26864, 878

85.0

1,279

79.152.6-67.974.7

9, 37253111545-44

2, 78552

1,0581, 2932,843605

14. 847L094' 905244402

2, 466815593206736

2,7714,6142,168

107, 05521. 649Sol 406

2, 4161,704

17, 82163. 464

85. 2

1, 194

5,31759, 823

14, 525138, 264

30,5343,919

3,716665

3,051

6, 99787, 793

19, 134210, 702

34,503 I4,398

5,67359, 746

17,093164, 302

0)

4, 340 f 4, 467778 r 832

3, 562 3. 635

376295266163381216274613170457

290215249152363

1,090236541171408

440222316

4111, 180

245680203482

"-40P212

;- 873' 170r 422

1, 22C25c,70'"20G4Q>

' Revised. §TnHh:r<rs da ta for r»<g;o {.('vertisinj: DOT available separately since November 1940. 1 Discont inued .fRevised series. D a t a beginning 1926 for tl-e index of mnffmn foreclosures w p p h o v D on p. 2^ of the (Vtoripr 1941 Survey, Ear l ier revised d a t a for radio classifica-

t ions, electrical household e q u i p r r e n t , househrM t q u i p r mt. h( 1 n> furnishings, and "al] o t h e r " will re shown in a subsequent issue.*New series. For da t a on sales of si] retail «tnie^. r-ppirniiu' 1J-3/1.. SOP I P M P 5, p 2* of ihe October 1941 Survey . Earl ier da ta for dollar sales of durab le poods stores,

nondurab le goods stores, and re ta i l stores by k ind of bus? net-swill appear in a subsequen t issue.




1943 j 1941

May | MayI

June July I August J ^ r Octo- Novem- Decem-ber ber ber

1942

Janu-ary


DOMESTIC TRADE—Continued

RETAIL TRADE—Continued

All retail stores, indexes of sales:*Unadjusted, combined index... 1935-39=100..

Durable goods stores doNondurable goods stores do

Adjusted, combined index doDurable goods stores doNondurable goods stores do

By kinds of business, adjusted:*Apparel.-. doAutomotive doBuilding materials and hardware doDrug doEating and drinking doFood stores... doFilling stations _.-_doGeneral merchandise doHouse furnishings _ -doOther retail stores do

Automobiles, value of new passenger-car sales:tUnadjusted 1935-39=100..Adjusted do

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

average same month 1929-31 = 100..Apparel chains do

Drug chain-store sales:*Unadjusted 1935-39=100..Adjusted .. .do

Grocery chain-store sales:fUnadjusted 1935-39=100..Adjusted _..do

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

Chain-store sales and stores operated:Variety chains:

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..

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:Collections and accounts receivable:

Installment accounts:Index of receivables*.Dec. 31, 1939=100..Collection ratio percent..

Open accounts:Index of receivables*.Dec. 31, 1939=100-.Collection ratio percent..

Sales, total U. S., unadjusted... 1923-25=100..Atlanta! - 1935-39=100-Boston.... 1923-25 = 100..Chicagof 1935-39=100..Cleveland. 1923-25=100..Dallas doKansas City 1925=100..Minneapolis! 1935-39= 100._New York 1923-25=100..Philadelphia! 1935-39=100..Richmond* doSt. Louis 1923-25=100..San Franciscof 1935-39=100..

Sales, total U. S., adjusted! 1923-25=100..Atlantat 1935-39=100-Chicagof doCleveland 1923-25=100..Dallas.. doMinneapolis!—- _ .1935-39=100. .New York 1923-25=100..Philadelphia! 1935-39=100..Richmond* do...St. Louis 1923-25=100.San Francisco! 1935-39=100..

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

138.4105.8149.0135.596.7148.1

148.149.3160. 9151.9171.5155.5128.3130.4133.7154.6

170.0181.0

v 127. 8v 132.1

p 170. 7v 168. 2

v 127. 3v 132. 0

14, 219674

8.573244

4,749203

6,136207

32, 6602,011

12, 200493

37,1701,609

1081428912411312710111199129147108

108144123105127112103131147108

148.6196.7133.0142.5174.8132.0

133.6197.6142.7128.9138.5127.7141.2122.9151.5150.0

246210

132.0145.0

'112.9'•HO. 8

137. 6135.6

110.2114.0

13,443673

7,958242

4,101200

'5,298204

29,7782,020

10,603493

29,3821,591

103. 319.0

81.147.710513689

'124111124

••10112295124148105129105138

'12310312412499126142105134

10.8

146.0190.3131.7139.0163.9130.9

125.7172.9152.7127.6136.7129.7135.5122.7149.9149.1

214182

133.0136.3

109.7116.1

142.6140.4

111.3116.8

12,127672

7,724242

3,923200

4,931204

27, 6532,018

9,537493

28,4031,593

102.617.7

79.446.210011482119105110851149811612692126104134123107123115102121138100136

9.5

136.6172.1125.1144.7169.5137.0

136.8173.4161.4132.3141.4130.2152.5130.8165.9153.6

169196

141.0159.0

109.9115.3

140.6143.4

111.9122.2

12,016672

7, 582242

3,948201

4,971204

28,3982,018

8,730493

26,1451,593

101.217.6

71.046.179102639285937993818910982120115148131117132131114135154119144

11.8 I

141.0155.6136.3150.5163.5146.3

165.6154.8164.9137.5146.6139.0144.1147.0181.2156. 6

91104

151.0184.0

113.9119.9

143.9149.9

113.1128.9

13,366671

8,022242

4,320201

5,379204

30, 7132,019

10,070493

32,4031,596

107.618.8

78.045.010614482122120128106127100115140106154134163154145166145134155185141168

17.4

140.9137.2142.1136.4137.8135.9

140.8116.3161.0134.0147.5132.3143.4131.0149.0145.4

5757

147.0164.0

113.5118.2

145.0147.9

120.4125.3

12,809671

8,483242

4,164201

4,870204

30,0972,018

10, 063493

33,6481, 598

110.518.9

90.645.1125158100151130151114142125134154128156116146137124136124120125151120149

12.0

139.3137.7139.8132.3128.4133.6

123. 3112.4155.3131.0145.6136.2144.7120.2135.2142.6

100

146.0153.0

111.6110.0

153.4152.6

122.0123.9

14,102671

8,427242

4.422201

5,575204

32,6142,025

11,864493

38.7111,603

110.419.3

92.546.91121389812310912710614011213616511914510512511710511311798119134106138

10.8

145.8139.6147.8140.1134.1142.0

145.9116.4156.6139.2148.7143.4142.5132.9149.7148.8

114128

151.0162.0

116.9116.4

155.6155.6

130.7127.0

14,832674

8,458242

4,655201

205

33,7762,024

12,174494

40,4171,605

110.419.2

93.548.6133169103146136150106123130168168133158116154133127134123109132160114151

166.0153.9169.9136.3135.4136.6

132.1119.2164.0135.8147.8140.8141.0123.5138.6141.7

104162

157.0178.0

164.9121.3

164.7159.9

249.6113.9

27, 515675

17,376242

202

10,898207

62,4982,024

23,518495

59,5201,605

116.420.1

117.746.3197245165213197222183198194238265190235111140126115128127107127142115138

6.3

126.894.7

137.2146. 7116.5156.5

176. 967.4

178.1141.7152.8155.3158. 7148.5168.2165.0

164.0188.0

120.7126.0

'170.4'175.7

97.0132. 3

11,854673

7,274242

3,819202

4,804206

28, 3452,021

8,983496

30, 5891,606

108.820.2

100.350.310812399121112122100122104115128110129138159154149161152132161182138167

10.5

124.091.0134.7140.2110.2149.9

157. 954.4179.8138.7156.9150.4151.0139.8167.0161.3

165.0178.0

110.8118.5

'170.0'169.1

108.1136.1

11,750671

7,203242

3,739203

206

27,4662,019

8,417496

25,4071,607

104.819.7

88.045.29912274114103108859594117114101132126141135130127134116157165117166

11.4

132. 896.9144.4139.0108.4148.9

171.450.6174.7141.7157.5150.9127.1138.4176.0157.3

169.0208.0

124.4125.0

r 170.0r 168. 3

116.1133. 6

13,174C71

8, .503243

4, 373203

5, 091206

30, 2662,017

10, 470495

32, 3481,008

103. 321.7

89.140. 11181529413612612911012510614016112.5148124152141139133124120149165130

161j

9.2 !

• 137. 8' 104. 5148. 6

• 137. 0' 103. 7' 147. 8

r i r-2. 550.0

r 175. 4' 146. 5r 166. 1153.1

' 127. 2136. 2149.8

r 153.2

164. 0174.0

' 124. 6' 128. 9

'1175.21170.1

123.127.

14, 437672

8,640244

4,788203

5,934207

33,1362, 013

12, 363494

36, 5311, 609

99.621.4

90.347.011514893133128

111' 130100132155120148117153134121131129110147156120157

8.4r Revised. *> Preliminary.f Revised series. For data on value of new passenger-car sales beginning 1929; and an explanation of the revision; see pp. 18-20 of the August 1941 Survey; seasonal factors

have been revised beginning August 1941 to take into account resricted production. Compilation of this index has been suspended. Revised data on grocery chain-store salesindexes will appear in a subsequent issue. Revised indexes of variety store sales beginning 1929 appear in table 30, p. 10 of the August 1940 Survey, "indexes of depart-

. . . . . . . on p. 25 of the January 1941 Survey.*New series. For earlier data beginning 1935 for indexes of sales of retail stores, see table 5, p. 24 of the October 1941 Survey. For data on drug-store sales beginning July

1934, see table 1, p. 11 of the November 1940 Survey. Indexes of department store receivables beginning January 1940 are available on p. S-7 of the September 1941 SurveyData beginning 1923 for the new indexes of department-store sales for the Richmond district will appear in a subsequent issue.

468808—42-




1942

M a y

1941

May June July A u ^ u s t temberOcto-ber

Novem-ber

Decem-ber

1942

Janu-ary


DOMESTIC TRADE—Continued

RETAIL TRADE—ContinuedDepartment stores—Continued.

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

Other stores, installment accounts and collec-tions:*

Installment accounts outstanding, end of mo:Furni ture stores Dec. 31, 1939=100-.Household appliance stores doJewelry stores do

Ratio of collections to accounts at beginningof month:

Furniture stores percent. .Household appliance stores doJewelry stores do

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

Montgomery Ward & Co doSears Roebuck & Co do

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

East d o . . . .South d o . . . .Middle West d o . . . .Far West- d o . . . .

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

v 126p 123

96.684. 487.5

13.312. 519.9

119,11750, 76268, 356

164. 8171. 7183.014'>. 6188. 8179. 5186. 6?21 7154. 8210.0

7674

107.4112.593.4

11.410.716.8

145, 35960, 52084, 839

148.5158. 2

' 171. 3' 143. 0' 132. 8

161. 8172.0

r 202 0' 151. 1' 147. 7

108.6116.294.2

10.810.416.7

131,43952, 87278, 568

148.7163. 2163. 3143.4143.6163.2177.7203.1151.9150.7

108.5118.293.3

11.010.216.3

121,17548, 30572, 870

129.7 !151.1 !134.1 I120.9 I131.6 I177. 7212.2 |197.5 I163.9 i160.5

112.5121. 794.2

11.710.417.4

145, 51957,80387, 716

170.7186.0183.9153. 3194.7 j208.7 !233.3 I255.0 |185.8 I211.4 !

111.2120.498.3

11.210.817.8

145,49559, 78085, 714

183.8181.9239. 8158. 8221.2173.9185.1217.2154.9189.1

10897

110.0117.195.7

11.811.217.7

164, 39468,13896, 256

216.4221.8299.9187.7223.0166.6172.3202.4147.8185. 7

11095

108.9112.598.4

11.510.818.4

152,30863, 34588, 963

243.2269.1330.3209.6235. 7186.9208.8240.6159. 9194. 3

8692

110.0110.1122.9

11.411.723.2

204, 33985, 269

119,069

287.9320.3341.1254.9319.9180.1192.4227.1163.4196.0

8393

104.9103.3110.9

12.011.418.9

111,48141,85469, 627

151.5162.8173.5136. 6

t 166. 6199.0214.2219.3178.5226.7

97102

101.8100.3102.4

11.411.417.5

99,64037,96961, 671

151.1161.0199.3129.6135.9186.8196. 9218.5163.0183.6

111108

100.895.897.6

12.512.718.8

131, 89455, 85676, 038

185. 6204. 9224.0165.2194.5211.4228.2248.1186.4236. 3

'122117

'99.7'90.8•-93.4

12.6'12.5MS. 1

133. 90557, 60476, 301

175.6183. 3202.0155.9200.1191.1192.4229. 3167.0224.0

EMPLOYMENT CONDITIONS AND WAGES

E M P L O Y M E N T I

Employment estimates, unadjusted (U. S. De-partment of Labor):*

Civil nonagricultural employment, totalthousands . , 41,201

Employees in nonagricultural establish-ments, total . thousands . , 35,058

Manufacturing do 13,021Mining do 862Construction. . do 2,020Transportation and public utilities.do 3,383Trade do 6,673Financial, service, and misc do 4,304Government -do 4,795

Military and naval forces do (°)Employment estimates, adjusted (Fed. Res.):*

Civil nonagricultural employment, totalthousands. _ 41,084

Employees in nonagricultural establish-ments, total thousands . . 34,941

Manufacturing do 13,011Mining .do 872Construction. do 1,908Transportation and public utilities-do 3,390Trade do 6,701

Manufacturing, unadjusted (U. S. Departmentof Labor)f 1923-25 = 100.. 137. 0

Durable goodsf do 152. 4Iron and steel and their products, not in-

cluding machinery 1923-25=100-. 134.7Blast furnaces, steel works, and rolling

mills 1923-25=100.. 151.5Hardware do 88.9Structural and ornamental metal work

1923-25 = 100-- 116.0Tin cans and other tinware do 108. 2

Lumber and allied products do 73. 7Furniture do 96.0Lumber, sawmills.... do 65.4

Machinery, excl. t ransp. equipment—do 200. 2Agricultural implements (including trac-

tors) 1923-25 = 100.. 166.8Electrical machinery, apparatus, and

supplies 1923-25=100-. 0)Engines, turbines, water wheels, and

windmills 1923-25- . . (0Foundry and machine-shop products, do 162.6Machine tools* do 0)Radios and phonographs do 191.6

Metals, nonferrous, and products do 144. 2Brass, bronze, and copper products.do 0)

Stone, clay, and glass products do 94.1Brick, tile, and terra cotta do 70.1Glass d o - . . . 123.3

Transportation equipmentf do 251. 7Aircraft* d o . . . . 0)Automobiles d o . . . . 88.8Shipbuilding* d o . . . . 0)

p Revised. ° Not available for publication. P Preliminary.

38,902

32,75911,886

8691,7823,1856,7534,2354,0491,662

38,824

32,68111,886

8771,6983,1926,781

124.9131.3

132.9

140.6116.7

102.3120.574.7

100.165.7

162.5

170.7

154.0

271.5134.9327.4173. 7139.9184.395.672.7

124.0171.7

6,305.1134.1310.1

39,475

33,33212,154

8761,8163,2396,8614,2604,1261,740

39,296

33,15312,221

8891,6443,2206,865

127.9135.1

136.1

144.0118.3

105. 5132.076.8

103.867.1

167.7

171.8

158.8

285.5139.1338.5180.7141.9189.397.174.7

125.5177.8

6, 718.1134.8337.9

39,908

33,76512,391

8881,8953,2906,8374,3004,1641,857

39,903

33,76012,605

9141,6683,2646, 944

130.6137.6

137.7

147.2103.8

107.4138. 8

40,292

34,14912, 595

9001,9213,3266,8974,3004,2101,944

40, 101

33,95812, 615

9231,6663,3027,027

133.1138. 7

139.9

149.1113.2

110.0145 3

40,710

34,56712,777

9061,9363,3677.0084,3254,2481.992

40, 016

33,87312, 548

9081,6833,3036,968

135.2142.1

140.5

148.9116.0

109.5145.0

79.5105.670.0

172.3

171.4

163.8

298.3142.6346.0188.7143.1189.799.677.6

127.9179.0

7,231. 3126.9375.3

8.108.470.7

176. 5

172.0

167.4

314.7145.6351.5202.4145.5192.9101.379.4

130.0172.0

7,897. 3110.9388.3

l U i . u70.4

178.6

170.7

168.7

325. 0147.0356. 8212.5146.4193. 51oi.87 a. 1

130.3190.9

8, 515. 7124.1442.5

40,783

34,64012,805

9151,9603,3657,0704,2564, 2692,014

40,192

34, 04912, 599

8921,7763,292

135.4144.0

139. 4

147.9 I115.2

109.3130.179.8

107.469.5

180.1

169.9

168.8

339.5147. 8361.5217.9ir 4193.i102.0 i77.7

132.4203.2

9,169. 7128.9494.6

40,756

34,61312,763

9111,9613,3227,1464,2294,2812,071

40, 603

34. 46012,735

8921,9243,3107,043

134.8144.6

138. 8

147.8112.9

107.5135. 077.9

108.466.4

181.4

167.5

109.2

352.5148.8366. 9217.6146.1191.5101.576.2

133.1210.4

129. 7533.3

41, 080

34 93712. 734

9081,8743,2967,5114,2274,387(°)

40, 905

34, 76212, 789

8922,1563,3227,017

134. 2144.2

138.0

148.6105.7

106.0134.476.6

106.865.3

183.4

167.2

0)

0)150.40)218.5145.10)99.774.2

132.0208.90)116.20)

39, 877

33,73412, 606

876' 1, 660' 3, 252' 6, 756' 4,179' 4, 405

(°)

40, 906

34, 76312, 863

873' 2, 064' 3, 322

6,907

132.5143. 3

136.3

148.798.6

105.7136. 774.1

101.963.7

185.0

164 1

0)

0)152.10)209.4

' 144. 5C1)95.669.6

127.8' 210.3

0)100.20)

39, 994

33,85112, 724

8601,6453, 2496,686

' 4,1814,506(•)

40,910

34, 76712,826

8522.0913,3136,862

133.8145.1

135. 9

' 149.494.3

107.2130. 974.3

102.464.0

189.7

166.2

C1)

0)154.80)

206.5' 145. 9

(093.967.6

126.1r 215. 5

0)88.8(0

40, 392

34, 24912, 845

8601,7383,2776,7114,1954,623(a)

40, 937

34, 79412,818

8512, 0573, 3256,812

135. 0147. 4

135. 7

150.094.8

110.4115.9' 74.1101.1'64 .2

' 193. 9

169.1

(0

0)157.30)

210.4' 147. 4

0)94.368.3

126.1224.10)86.2(0

' 40, 874

' 34,731r 12, 945

'861r 1, 928' 3, 343' 6, 679' 4, 266' 4, 709

(*)

' 40, 972

' 34,829r 12, 895

879' 2,003' 3,358' 6, 690

' 136.1' 149.8

'135.3

' 150.9'92 .3

' 114.0r 111.2'73 .5'97 .2'64 .6197.7

' 167. 4

0)' 160. 3

0)' 208.9' 144.1(0

95.4'70 .2125.8

' 236. 50)' 84 .101 Included in total and group indexes, but not available for publication separately.

fRevised series. For revised indexes, beginning in 1937 for all industries and January 1938 for durable goods, see table 12, p. 18 of the March 1941 Survey. Index fortransportation equipment revised beginning January 1939; see table 57, p. 17 of the December 1940 Survey.

*New series. Indexes of installment accounts and collection ratios for furniture, household appliance, and jewelry stores beginning January 1940 will be shown in a sub-sequent issue. Data for mining, construction, transportation and public utilities, Government, and military and naval forces are correct as published in table 11, on pp. 17and 18 of the March 1941 Survey. Estimates of total civil nonagricultural employment, employees in nonagricultural establishments, manufacturing, and service industries(included in the miscellaneous group) have been revised beginning January 1929 and trade beginning January 1935, to adjust monthly estimates to the 1939 Census levels ofemployees in manufacturing concerns engaged in clerical, distribution, or construction activities, and retail trade employment, and to figures shown by the 1930 Census ofOccupations; the revised data will be published later. Adjusted estimates of employment beginning January 1929 will be shown in a subsequent issue. For indexes beginning1923 for machine tools and shipbuilding, and index for 1931 through 1938 for aircraft, see tables 39 and 40, pp. 15 and 16 of the October 1940 Survey; for aircraft indexes (revised)for 1939, see table 57, p. 17 of the December 1940 Survey.




1942

M a y

1941

M a y June July August Sep- Octo- Novem- Decem-ber

1942

Janu-ary


EMPLOYMENT CONDITIONS AND WAGES—Continued

148115

30712776.410167

179.3

180

168

348148360179

143.1191

98.973131

204. 59,459129487

123. 8147.1181144129323

140. 7152126

99. 696

124.9128

J10 186

112.9105.4124.764.1

137.8139.1161.5145.4100.2144.4142. 5337.5110. 9120. 7

125.4

149.8185.3142. 6129.1322.9145.9153.7129.996.792.3126.7128.7111.286.1113.4106.1124.968.4134.4143.7

138.3

148113

107138

76.910467

181.2

172

169

371149365194

142.2191

100.976 |133

208.9 !9,799 I

127 I532 |

125. 6 i148.2 I184 !144128320

147. 0152127

104.2101 !

124.8 j129 i

110. 1 I

113.3105.1126.965.0

136. 1139. 0161. 7146. 4100. 1145.3141.1137. 2111.0126.5

144.8139.4134. 2117.3135.9130.1116.3118.0122.4

146.2140.2134. 3119.0134.9126.3118.1118.4125.5

124.8

149.7185.4142.2129.2321.1141. 0151.5138.199.295.2128. 3129.1110.384.9

113.0106.2123.267.5

134.9144.3

138-9

149114

107141

78.110568

183.4

167

0)

0)150

0)206

143.40)101.6

77132

205. 40)

U l0)126.0149.2187144129320

147.5152133 I

103.1 |100 !

125.9;129 I

109.6 ;85 !

113.2104.4 I128.2 166.5 !

137.1139.1162. 8147.0100.4145.7141.2136.9111.5126. 6

146.9140.6130. 397.4135.8126.7118.7119.3125.7

122.1

'151.1185.9140.9129.1315. 9135.4149.5143.898.995.4124.7129. n99.675.2111.1105.1119.763.4

' 135. 7' 146. 7

139.0

150110

108147

r 79. 2' 106

70

' J87.1

161

0)

0)153

0)220

' 147.0

0)' 105.0

'81' 135210.10)

960)

'125. 2151. 5190145130313

r 148. 4153139

98.895

125. 2130

99.875

r 112.0r 104.1' 125.1

69.2

137.8137.2158.2149.599.2

145.8138.9135. 3110. 3124.9

149.8139.1133.4102.7134. 3121.9117.6118. 5127.7

123. 0

' 154. 9' 1S8. 7

141. 0129.6312.6133. 5150.0137.8100.296.6

123.3129.698.973.5113.0104.9126.465.5

' 135.1146.8

'136.4

14994

112141

'77.910468

190.8

161

0)

0)

155

0)235

' 146. 8(!)

* 100. 178126

214.6

0)84

0)r 123. 8154. 4192

' 1421313C8

147. 5152138

96.392

123.4130

98.774

' 110.0'• 1G2. 2' 122.8

66.7

138.1137. 7153. 3153. 4100.5148.3143.4135.4

' 111.8125.7

154.1139.0137.7104.6135.1129.8120.3118.8127.5

EMPLOYMENT—Continued j

Mfg., unadj. (U. S. Dept. of Labor)—Cont.tNondurable goodst 1923-25=100.. 122.3 118.8 121.1 123.9 127.7 128.7 127.3

Chemical, petroleum, and coal products1923-25 = 100.- 156 6 135.9 137.5 140.0 143.1 147.6 149.9

Chemicals d o . . . . 192.1 166.8 172.2 175.9 180.1 182.4 183.8Paints and varnishes.... do.— 135.8 141.4 144.8 145.5 144.8 143.9 143.9Petroleum refining do . . . . 131.4 122.0 125.2 127.4 127.9 128.5 129.2Rayon and allied products do 312.4 323.5 327.0 324.4 329.3 327.0 325.0

Food and kindred products . . .do 135.6 127.4 135.2 145.8 159.3 163.2 152.5,Baking . . do . . . . 151.1 149.0 152.2 150.2 152.7 153.5 154.5Slaughtering and meat packing do . . . . 138.5 116.8 120.3 123.1 122.4 123.6 125.9

Leather and its manufactures do 98.7 95.5 98.1 101.0 101.1 98.9 98.5Boots and shoes do. . . . 95.8 93.0 94.9 98.1 98.3 95.2 94.7

Paper and printing do 119.2 120.8 121.6 123.0 123.9 124.9 126.5Paper and pulp do— 128.3 122.7 124.6 126.0 127.8 128.4 128.2

Rubber products do.— 94.7 106.4 110.7 111.4 111.8 111.5 111.6Rubber tires and inner tubes do 75.0 83.3 86.3 87.4 86.7 86.5 86.0

Textiles and their products! do m.6 112.5 112.6 113.2 115.4 115.5 114.9Fabrics! d o . . . . 104.6 105.1 106.2 j 107.0 108.9 106.3 106.4Wearing apparel do 122 6 124.2 121.9 122.2 129.6 131.3 129.0

Tobacco manufactures d o . . . . 63.7 64.9 65.5 65.4 65.8 63.9 67.3Manufacturing, adjusted (Fed. R e s . ) t — d o — 136.9 124.9 128.7 133.3 133.3 132.3! 132.8

Durable goodsf d o . . . . 150.2 129.5 134.0 | 140.2 141.5 141.3 j 142.3Iron and steel and their products, not in-

cluding machinery 1923-25 = 100.. 133.8 132.0 136.0 | 139.1 140.2 [ 139.7 ! 138.2Blast furnaces, steel works, and rolling j

mills - _.1923-25 = 100.. 151 140 j 145 149 150 149 |Hardware do 88 116 118 105 116 117 jStructural and ornamental metal work j

1923-25 = 100.. 117 103 104 j 105 107 106Tin cans and other tinware do 110 122 129 | 131 132 132

Lumber and allied products d o . . . - 73.5 74.6 1 75.9 j 78.9 78.4 77.3Furniture do— 99 104 106 | 108 107 103Lumber , sawmills d o . . . . 64 6 4 ! 65 | 68 68 68)

Machinery, excl. t ransp. equipment -do 198.7 161.6 i 167.3 1 173.0 | 177.7 177.8Agricultural implements (including trac- | I

tors) 1923-25 = 100.. 162 166 170 I 175 j 182 181Electrical machinery, apparatus , and sup- I 1

plies 1923-25=100.- (i) 153 159 | 164 168 168Engines, turbines, water wheels, and | I

windmills 1923-25=100- (i) 259 275 293 315 I 323Foundry and machine-shop products ! | 1

1923-25 = 100.. 161 134 139 ] 143 I 146 147Machine tools* do (i) 326 337 i 349 | 366 355Radios and phonographs do 218 397 184 j 191 187 183

Metals, nonferrous, and products do 145.1 140.7 144.1 j 147.8 147.9) 144.8Brass, bronze, and copper products-do 0) 183 191 193 195 194

Stone, clay, and glass products d o . . - 90.6 92.1 93.7 98.6 98.4 98.7Brick, tile, and terra cotta d o . . . . (\6 69 69 73 j 74 74Glass - d o , . . . 121 122 124 131 I 130 130

Transportation equipment! do 242.8 164.6 174.2 196.1 I 193.1 195.2Aircraft* do . . . . 0) 6,121 6,522 7,160 1,897 8,779Automobiles--.. d o — 85 128 132 149 139 128Shipbuilding* d o . . . . (i) 301 341 387 398 440

Nondurab le goodst do 124.1 120.5 123.7 126.3 125.5 123.8Chemical, petroleum, and coal 'prod.-do 158.5 137.5 141.5 143.9 1 146.3 j 145.7

Chemicals . . _ do 193 ir>8 172 173 | 179 i 180Paints and varnishes do 131 136 140 145 j 148 145Petroleum refining ....do.— 132 123 125 | 127 ! 127 127Rayon and allied products do 319 330 337! 326 328 324

Food and kindred products do.-.- 143.6 135.0 137.3! 138.4 I 140.9 1 1388Baking do.— 151 149 151 j 149 j 152 1 151Slaughtering and meat packing do 141 119 121 j 123 1 124 125

Leather and its manufactures do 100.0 96.8 101.0 100.2 j 97.9 98.0Boots and shoes do 97 94 98 97 j 9 4 ; 94

Paper and printing . do 119.0 121.2 122 9 124.8; 125.1 j 124.4Paper and pulp d o . . . . 128 123 j 125 | 126 | 128! 12S

Rubber products do 94.6 106.1 111.7 113.0 j 113.3 | lll.P>Rubber tires and inner tubes do 75 83 $6 8 7 ! 87 | 87

Textiles and their products ! do 112.1 112.9 116.1 120.0 317.1 j 114.7Fabrics! do 105.3 105.9 109.0 111.1 109.6 I 107.2Wearing apparel - do _ . 122.5 124.0 127.0 135.0 J28.8 126.6

Tobacco manufactures do 04. 6 65. 8 65.8 05. 7 | 64.4 ! 62.0Manufacturing, unadj . , by States and cities: i j

State: I |Delaware 1923-25 = 100.. 142.5 129.7 | 129.4 134.7 1 142.5 147.5Illinois! . - ...1935-39 = 100 _ 13,6.3 129 6 j 133.1 | 136.6 j 140.3 139.7Iowa _. 1923-25 = 100 . 15&0 152.3 1 154.9 j 156.6; 159.1 160.1Maryland . 1929-31 = 100.. 164.0 131.9 135.0 I 138.9 | 142.8 144.3Massachusetts 1925-27 = 100.. 101.8 96.1 97.6 99.1J 99.1 99.5New Jersey - ..1923-25 = 100-- 152.5 132 3 136.0 138.4 136.9 145.3New York ! 1935-39 = 100-- 144.0 128.0 129.2 131.1 138.0 142.5Ohio! . --do - 129.0 131.8 134.6 136.6 138.6Pennsylvania 1923-25=100-- 112.8 104.4 j 106.7 | 108.7! 110.3 110.6Wisconsin! 1925-27 = 100-- 131.2 118.7 121.7 ! 122.4 j 124.7 126.4

City or industrial area: iBaltimore 1929-31=100_ 104.2 129.9 j 132.9 137.3 1 141.7 143.7Chicago! - ..1935-39 = 100- 136.6 128.1 130.8 135.8 138.1 138.4Cleveland . 1923-25 = 100.. 142.7 125.3! 128.5 130.1 132.7 134.1Detroit do . 118.6 123.8 119.6 ! 96.0 116.0 115.0Milwaukee . . . 1925-27=100.. 144.9 128.3 131.3 130.2 135.4 136.9New York! 1935-39 = 100-- 128.3 117.4 114.5 114.6 125.6 130.5Philadelphia . 1923-25=100-. 124.8 106.7 109.1 110.5 111.8 114.3 1Pittsburgh do.._. 119.3 109.9 112.9 115.6 117.1 117.1 |Wilmington do..._ 128.2 116.5 I 117.1 i 120.0 I 120.9 I 122.4 I' Revised. 1 Included in total and group indexes, but not available for publication separately.!Revised series. For revisions for all industries, durable goods and nondurable goods, see p. 18 of the March 1941 Purvey. Index for transportation equipment revised

beginning January 1939; see table 57. p. 17 of the December 1940 Survey. Slight revisions were made in data for textiles and products and fabrics beginning 1933; revisionsprior to March 1939 which have not been published are available upon request. Revised indexes for Illinois beginning 1923 adjusted to census trends for the years 1923 through1935 will be published in a subsequent issue. For revisions in Chicago indexes, see note marked with a " t " on p. 29 of the January 1941 Survey. Index for Wisconsin revisedbeginning 1925; revised data not shown on p. 72 of the February 1941 Survey will appear in an early issue. Earlier monthly data on indexes beginning 1923 for Ohio factoryemployment revised to 1935-39 base are shown on p. 17 of the March 1942 Survey. Earlier data for the revised New York indexes will appear in a subsequent issue.

* New series. For indicated series see note marked with an "*" on p. S-8 of this issue.

123.2

' 158. 4192.5140.7130.8313. 2131.6150. 3134.0101.998.6

121.9129.798.974.2

113.5105.0127.765. 4134.7146.9

134.7

14894

11312275.310365

194.4

160

0)

157(')

250146.9(')96.9

75124

217.90)

810)123.1155. 6

194141132309

144.3152137

97.493

122.4130

98.174

109.4102.7120.066.1

138. 7136.9154.5157.4101.5150.1145. 4140.9112.5127 A

157. 7137.9139.6111.0137.6132.4

' 122.8118.5127.8

' 123. 0

' 158. 8' 193. 2' 138. 7' 131.6' 310. 4' 132. 8' 149. 5' 134. 0' 100. 5'97.4' 121.1' 129. 8' 95.2'74.1' 113.1' 105. 2' 126. 0'64.4' 135. 4' 148.1

' 134.1

'149

'116' 115'73.9

10164

197.1

'157

0)

0)

1600)'249

' 144. 2

0)'94.7

71125

' 227. 90)'79

' 123.3' 157. 2

194137132317

' 142. 3151

'138'98.1'95

' 121. 5130

'94.4' 74

r 110. 9104.8

' 119.7r 65. 8

139.8136.4153.4

r 160. 7102.0

'151.6145. 2141.7

'112.9129.6

' 161. 2137.6141.0115.7141.8131.9

'123.8'119.4' 128.1




1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary



EMPLOYMENT—Continued

Nonmfg., unadj. (U. S. Dept. of Labor):Mining:

Anthracite 1929=100. J 48.4Bituminous coal. do i 93.3Metalliferous .-do j 82.0Crude petroleum producing do \ 58. 5Quarrying and nonmetallic do 1 51.7

Public utilities: |Electric light and powerf do j 88.0Street railways and bussest do 73.2Telephone and telegraphf -do i 91. 2

Services: jDyeing and cleaning do i 127.8Laundries do, . . J 113.8Year-round hotels -do i 95.6

Trade: jRetail, totalf do 1 94.2

General merchandising! do j 110.1Wholesale do. . . J 91.2

Miscellaneous employment data: !Construction, Ohio! 1935-39=100__ IFederal and State highways, total tnumber.. I

Construction (Federal and State) do IMaintenance (State) . d o — |

Federal civilian employees: iUnited States do.. . .

District of Columbia doRailway employees (class I steam railways): ;

Total. .- .thousands JIndexes: Unadjusted 1923-25=100- j 71.1

Adjusted do j 70.3

LABOR CONDITIONS :

Average weekly hours per worker in factories: INatl. Ind. Con. Bd. (25 industries)..hours.. IU. S. Dept. 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 thousandsNew and renewed ..do

Placements, total t . . . d o — jUnemployment compensation activities: ;

Continued claims ..thousands. j ?2, 695Benefit payments: j

Individuals receiving payments § ..do * 543Amount of payments thous. of dol.. j 31, 703

Labor turn-over in mfg. establishments: jAccession rate..mo. rate per 100 employees._|Separation rate, total do—j

Discharges doLay-offs d o —Quits and miscellaneous do !

P275^375

4, 2521, 563

PAY ROLLS |i

Manufacturing, unadjusted (U. S. Department jof Labor) t 1923-25=100.. 192.6

Durable goods t d o . . . I 233. 5Iron and steel and their products, not in- !

eluding machinery 1923-25 = 100.. j 187. 4Blast furnaces, steel works, and rolling j

mills 1923-25 = 100__; 203.5Hardware do j 133.7Structural and ornamental metal work

1923-25 = 100,. | 149.2Tin cans and other tinware d o . . . I 144.2

Lumber and allied products. do 1 90.5Furniture do ! 116.1Lumber, sawmills do ! 78. 4

Machinery, excl. t ransp. equip d o . . . j 327. 7Agricultural implements (including trac- \

tors) 1923-25 = 100.. i 257.8Electrical machinery, apparatus, and i

supplies 1923-25=100.. | 0)Engines, turbines, water wheels, and

windmills 1923-25=100.. ()Foundry and machine-shop products \

1923-25 = 100.. | 211.7Machine tools* d o — ! (r)Radios and phonographs do ! 276.8

Metals, nonferrous, and products d o . . . I 210. 9Brass, bronze, and copper products-do.—. | (!)

Stone, clay, and glass products do j 105.1Brick, tile, and terra cotta do j 72.0Glass do....! 164.9

48.6 49.287.9 i 88.177.1 j 78.960.4 I 61.551.0 | 51.9

92.2 | 93.568.9 i 69.184.6 I 86.3

120.6108.396.3

96.1102.592.2

122.7112.095.0

97.8105.193.8

49.3 !90.3 i79.0 |62.1 i52.7 |

94.669.588.3

121.7115.894.5

96.7100.994.2

150.8 ! 163.0 166.5285,397 | 318,436 ! 331,438127,634 142,185 j 152,691118,945 134,896 \ 136,651

,306,333177,328

1,14863.062.3

41.340.8

50.092.679.962.253.9

95.269.789.6

118.9114.694.5

96.9103.095.8

50.094.279.461. 854.2

94.970.390.3

121.5113.095.7

100.0111.795.6

50. 395. 379.761.654.1

94.1 j70.390.6

121.2111.296.2

101.0116.496.3

167.7 l 164.7 i 162.3340,146 320, 301 300, 381158,744 149,800 135,622138, 631 128, 415 124, 523

1,370,110 11,391,689 1.444,985 11,487,925 1,511,682

463

321420

2,172

184,236

1,17964.763.3

41.741.3

357571

143227

1, 504

185,182 j 186,931 j 191,588

1,21166.564.8

41.040.3

439635

143226

1,326

1, 23167.666.0

41.241.0

465698

212305

1.825

5,156 I 5,1261,539 I 1,623

622 I 624

4,982 j 4.6991,597 ! 1,446

630 I 671

1,23567.866.5

41.640.9

470687

295358

1,953

4,3561, 3961,108

3,914 I 3,576 i 3,623 3,045 | 2,650

659 I 68431,574 j 30,561

5.953.86

.241.082.54

6.313.71

.261.032.42

61129, 307

6.004.24

.291.40

57226,494

5.434.14

.301.132.71

49322, 942

5.164.53

.311.163.06

144,1163.1

160.9

172.7141.5

113.8146.478.0

102.766.0

217.2

152. 2173.9

168.6

179.9150.2

120.1163.283. 9

110.071.1

229.9

229.0 ! 233.3

215.3

444.1

166.2507.2191.5166.7246.6 j97.869.1 |

150.3 !

224.0

484. 7

177.8529. 3200.4174.6262. 2100.271.8

153. 5

152.7172.2

181.6123.8

112.5171.385.5

110.173.5

233.0

228.4

158.1177.6

183.3145.7

125. 2184.792.3

116.180.3

243.4

227.5

232. 0 240 0

507.9

176.5534. 7218.7173. 7263. 898.973.4

147.1

546.2 j

186.0 I553.4234.0 I182.6 |273.6 |104.2 I77.0 |

155.4 i

162.6183.3

170.6

178.4148.7

123.6187.690.8

118.077.5

248.2

230.7 !

24J.3 ;

572.9 |

187.8 !578.2 J254.4 !185.6 !270.8105. 476.2

160. 5

167.0191.4

173.4

181.1151. 5

127.2171.792.3

120. 678.2

255.7

231.6

615. 5

194.7596. 3261. 7185.9267.6109.575.8

173. 7

50.295.179.560.952.6

93.470.290.1

117.2 |108.996.1

103.0125.996.3

157.2270, 202111,755118, 559

49.195.580.261.1 i50.9 !

93.1 !70.6 !90.0 |

113.3108.495.3

113.0 !161.5 !96.3 ;

146.4224,762 i75,131 j

110,311

49.095.180.761.346.8

92.0 !70.4 I90.4 j

109.8 I108.8 j94.2 ;

95.4 I105.1

48.894.581.060.646.7

90.570.790.3

109.5107.694.1

94.0 j103.2 i94.3 '

48.5 :'93. 8 i'81.9 ;' 59. 7r 47. 7 i

89.6 ;

r 71. 2'90.5 l

' 113.8107. 9'93.5

'94.4 .r 105. 9 :

' 93. 9

47.993.382. 559. 1"0. 4

89. 2

121.2110.2

93.9107.692.4

125.6 125.1 I 131.9 13S.4194,092 183,559 I 191.444 218.03749,113 44,852 f 52.975 72.420

105,920 ; 101,087 | 102.023 105.441

194, 265

1,24368.266.3

41.7 !41.1 !

432 !664 |

198 i348 i

1,925 I

4,229 I1,488 j

935 jI

2,548 |

430 |21,430

4.87 I4.13 I

.28 !1.41 |2.44 I

,545,131 !l,670,922 1,703,099 |l,805,186 j 1,926,074 2.011,848199,283 207,214 223,483 233,403 I 238,801 248.979

1,22767.366.8

41.540.3

271464

228339

1,397

1,211 |66.3 !68.0 1

41.641.2

143287

476

1.19265.468.2

42.441.5

'139'222

'2642

'327

4.23411327

583

2,

21,

597

471066

4,4131,603

493

3,618

52327, 847

4.764.71 |

.29 j2.152.27• ^ !

169.9 i195.4 j

4,8991,956

439i

4,584 |

797 ;41,056 j

6.87 I5.10 !

.30 |1.613.21 j

i

173.5204.3

1,193 i65.4 j68.0 i

42.442.2

'172'243

5775

'353

4,8881,532

427

4,103

1, 21566.6 !68.5

'210'272

' 66r 78

'391

4, 5591, 567

511

1,26609.470.0

42. 842.4

^ 405

v 55v 85

' 4, 398' 1. 576

'606

3,977 i 3,512

838 | 803 i 668.9,884 43,035 ; 36,311

3.913.51.24

1.441.85

165.4190.3

171.9

183.2147.4

116.0165.886.4

118.870.2

255. 3

223.9 219.0 ! 228.8

174.2 | 173.7

185.0137.7

184.5133.4

6.004.78

.291. 353.14

178.3

178.3 i

'190.6 j132.0

121.2173. 685. 8

120. 968.0

269.6

' 124.9180.881.7

111.167.3

284.2

' 133.3164.686.0

115.871.9

294. 8

241.9

676.3

191.4599.1267.0182.0261.0105. 872.9

168. 2

0)

0)

202.80)286.3192.10)106.672.6

171.1

0)

211.2 !0) i

276.6 Ir 199. 8 !

(0 !98.065 2 :

160.6 !

241.1 !

0)

0)

219.30)279.0

' 202. 30)

'102.366.7

165. 6

6.995. 36.33

1. 193.84

' 182.8 ''217.2

' 181. 1 '

' 193. 5 !136.8 I

'140.0150.086.7 i

116.2 !72.9 !

' 307. 2 I

250.4 :

0) !

0)

227.3 i0) !

290.7 ;'208.5

'103. 768.6

165.4

6. 12.35

1.314.46

' 223. 9

<• 181.3

' 192. 9' 136. 1

r 145. 9' 145. 4'87.8

' 113.9' 75. 0

' 315. 3

' 250.1

r 202. 2r 207. '.'

r 105. 0' 71. 1

' 165.5v Preliminary. ' Revised. x Included in total and group indexes, but not available for publication separately.§ 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.JTotal includes State engineering, supervisory, and administrative employees not shown separately; see note on p . 27 of the May 1941 Survey.tRevised series. Telephone and telegraph indexes revised beginning 1932, other indicated nonmanufacturing employment series beginning 1929; see p . 17 of the April

1940 Survey, except for indexes for street railways and busses beginning 1932, which were subsequently revised as shown in table 27, p. 17 of the May 1940 issue. Indexesbeginning 1923 for Ohio construction employment, are shown in table 8, p. IS of the March 1942 Survey." Total placements revised to include placement? formerly classifiedas "supplementary" because of the omission of one or more of the steps necessary for a complete placement. Most of these placements were so classified because of lack "ofregistration and were largely placements in agricultural jobs. Only complete placements were formerly shown in the Survey. Data comparable with the series here shownwill be published in a subsequent issue. For revisions in pay-roll index for all manufacturing and durable poods for 1938 and 1939, see table 12. p. 18 of the March 194] Survey.

•New series. For pay-roll indexes beginning 1923 for machine tools, see table 40, p . 16 of the October 1940 Survey.


July 1942 SURVEY OF CURRENT BUSINESS S- l lMonthly 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

1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary



PAY ROLLS—Continued

Mfg., unadj. (TJ. S. Dept. of Labor)—Con.Durable goods—Continued.

Transportation equipmentt _ . 1923-25=100.Aircraft*- d o . . .Automobiles do . . .Shipbuilding* . . . d o . . .

Nondurable goodsf. doChemical, petroleum, and coal products

1923-1925 = 100..Chemicals do . . .Paints and varnishes doPetroleum refining doRayon and allied products do . . .

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

Leather and its manufactures. doBoots and shoes do

Paper and printing doPaper and pulp do

Rubber products. - doRubber tires and inner tubes .do . . . .

Textiles and their products! doFabrics! - doWearing apparel do

Tobacco manufactures . . .doManufacturing, unadj., by States and cities:

State:Delaware 1923-25=100..Illinoisf-- 1935-39=100..Maryland.. . .1929-31=100..Massachusetts.... 1925-27=100..New Jersey.... 1923-25=100..New Yorkf.... 1935-39=100..Ohio* doPennsylvania. 1923-25=100..Wisconsin! 1925-27=100..

City or industrial area:Baltimore 1929-31=100-.Chicagot ---- 1935-39=100..Milwaukee 1925-27=100_.New Yorkf. 1935-39=100..Philadelphia .1923-25=100..Pittsburgh. doWilmington do

Nonmfg.. unadj. (U. S. Dept. of Labor):Mining:

Anthracite .1929=100..Bituminous coal .doMetalliferous doCrude petroleum producing doQuarrving and nonmetallic do

Public utilities:Electric light and powerf doStreet railways and busesf doTelephone and telegraph! do

Services:Dyeing and cleaning doLaundries doYear-round hotels do

Trade:Retail, totalf do. . . .

General merchandising! doWholesale do

WAGES

Factory average weekly earnings:Natl. Ind. Con. Bd. (25 industries)--dollars.-TJ. S. Dept. of Labor (90 industries) do

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

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

mills dollars.-Hardware . . .doStructural 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) ..dollars..Electrical machinery, apparatus, and

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

windmills dollars..Foundry and machine-shop products

dollars..Machine tools*—. doRadios and phonographs do

402.0C1)135.0(0146.8

224.2297.7175.7178.4391.3160.7166.3170.6112.7107.1132.1171.7134.8109.6129.6129.0122.774.3

208.2198.6279.7141.4231.2219.4

150.2197.8

282.4193.5216.2175.7183.8161.4184.9

51.3122.5100.963.262.6

113.384.8

124.1

113.3123.095.0

93.9109.191. 9

217.07,745.1

170.6433.5122.9

165.5221.8170.4146.3356.2134.7148.4133.191.086.7

124.9145.6128.7111.1110.4109.3105.967.1

150.1161.6189.2110.2161.1161.3176.6121.7150.9

194.5158.2157.8136.4126.4138.4134.9

33.4107.281.558.853.2

109.672.7

110.5

96.198.787.9

91.596.084.6

33.1230.7835.57

35.71

38.9829.89

36.1327.2722.5724.3520.7437.17

36.88

36.68

43.39

36.5142.7927.02

240.08,193.5

188.3504.4127.9

173.6232.7177.8156.7362.4144.4154.4137.897.291.9

128.6157.7141.1122.4111.4111.6104.170.2

156.0170.5196.2114.5169.0166.2186.3127.2159.5

200.6166.1163.9134.4134.0143.9138.8

51.2107.285.359.955.7

111.476.2

113.0

98.4102.587.4

95.2100.188.2

34.2631.8836.91

36.40

39.4631.26

36.9827.7023.5725.1221.8938.00

37.32

37.01

45.03

37.7843.2227.09

228.89,045.7

158.0582.0130.7

177.7239.7172.7157.2368.6152.8153.1139.4103.298.8

128.6156.9135.6118.4113.6113.3107.169.8

159.9170.2202.5117.2173.9170.4188.3126.3154.6

207.4168.9159.3139.0136.8140.5141.3

34.8105.479.361.455.5

113.575.8

115.7

96.4106.787.6

94.097.588.0

33.7031.2235.84

35.53

38.9029.20

34.0427.5923.2124.6821.6037.53

36.62

37.06

45.02

36.6142.8028.30

224.410,303.0

139.2614.6136.3

181.5247.2171.5159.1368.2165.5155.2142.9104.7100.7130.9162.7138.8116.4119.3114.4121.770.0

169.5178.7207.9116.9173.0184.3190.4131.1163.8

212.8174.8169.7157.9139.1146.3146.0

51.1117.385.461.559.3

115.178.6

118.4

92.1104.788.2

94.099.389.8

34.1031.6636.55

36.07

38.8131.42

36.9228.4224.6825.4923.4938.19

36.31

37.41

45.94

37.7243.5328.32

252.611,145.8

159.3703.8139.5

188.5250.9169.9166.4374.3170.5157.4145.8101.695.3

133.3163.0134.8107.3123.4118.0126.370.4

173.7180.5215.2121.3189.3194.5190.9131.2164.6

220.9177.8168.2170.2144.0143.6145.9

115.585.964.460.5

115.078.1

117.3

99.5105.290.0

95.8106.690.9

35.1032.0636.82

35.60

37.8131.35

36.5128.9224.4726.0322.7238.47

37.12

37.24

46.62

37.7744.7429.25

282.012,296.0

176.6803.4139.6

196.2261.4173.8168.0386.4163.0157.6151.1100.593.3

135.9165.4138.0111.8122.4120.2119.275.6

169.5183.7224.5120.7188.5190.0195.7136.2173.2

229.6180.3175.0357.3149.9150.6149.7

49.2122.688.364.461.5

115.778.4

117.0

98.5103.491.9

97.3110.992.0

35.6532.8937.92

36.49

38.6332.29

37.5929.5625.1226.7123.2239.23

37.46

37.78

47.81

38.8445.5429.42

287.813,182.6

175.8829.1137.4

197.7265.6172.2167.9385.2157.7159.7153.797.088.4

137.5166.9140.6117.6118.3118.9109.877.1

171.9181.7221.4119.5190.0186.7194.9135.2170.5

226.9179.9173.8150.9151.8149.8153.8

41.8116.389.864.257.5

115.278.2

118.3

93.0101.993.2

98.5117.891.6

35.7432.7937.63

36.41

39.0632.07

34.8927.3924.1226.0721.7938.96

36.72

37.16

50.64

38.0045.1730.03

290.60)147.90)141.3

203.0271.7175.9173.9391.2157.2157.5168.9106.799.5

144.1169.8136.9108.6122.1123.7111.676.8

182.4188.4234.0125.7198.5194.2202.8139.6172.9

240.4186.9180.2158.7159.0153.1163.2

35.9119.993.764.655.8

115.280.0

122.9

88.6102.693.3

107.8151.192.8

36.0833.7038.62

36.99

39.2631.90

36.8928.8924.3026.7421.4840.67

35.96

38.90

50.64

39.8648.8232.01

r 329. 60)153.60)

' 139. 0

' 205. 3278.0172.5171.1392.4154.7158.2182.3107.3101.0136.6171.9127.4103.0119.7122.0107.872.6

187.9188.4241.0129.3205.3197.8203.6139.4175.2

247.5189.1182.0156.7160.6153.3169.2

39.4117.194.364.848.9

114.680.5

120.9

86.5103.891.5

94.6105.791.8

37.4735.1140.91

37.31

39.1333.02

' 38. 0029.6423.8025.6321.7742.55

38.28

40.68

55.04

41.0950.8132.17 1

' 336.60)135.0(0142.1

r 212. 3279.3176.6178.3391.3150.7159.6162. 6

'113.3107.6

' 135.1' 174.2

127.4101.7126.9123.7

' 125. 572.3

188.7192.4251.5132.6210.2210.0210.9144.7182.2

256.0189.1187.0176 6168.6157.5169.4

49.6118.298.464.852.0

113.783.7

120.9

85.6102. 592.6

93.9104.1

37. 5335 71

' 41.53

' 38.32

' 40. 2334.08

' 39. 9528.1624. 9426.5423.2043.06

39. 82

41.10

' 52. 91

41.9850. 8732. 84

' 349. 70)132.10)144.3

'219. 3287.8

r 179. 3179.6394.4

r 150. 5160.6159.7

' 117. 2112. 2134.8

' 175. 6132.3106.3129.2124.8130.170.6

193.8194.3259.7136. 4219.2216. 4223.3146.8188.1

263. 8191.0195.0183.1

' 174.6158.4173. 9

' 50. 9r 116. 9'99.1'62.6'54.4

' 113. 5'84.7

' 121.8

'92.7' 104. 3'91.6

'93.7' 105. 2

93.9

38.14' 36.10' 41. 92

' 38. 88

'40.6735.11 I

' 40. 6528.97

' 25. 3427. 11

' 23. 47

' 43. 83

40.69

41.52 |

'54.4342.90 i51.43 !

' 33. 59

' 376.00)

'131.3

' 144.9

' 223.0' 293.2' 177.1' 179.0' 387. 9' 153.0' 160. 2' 162. 3' 115. 6' 110.4' 133.2'172.1' 130.3' 106. 3' 129. 0' 126. 8' 125. 3

' 7 3 . 8

199.0195.9

' 276.7137.6

' 224.2217.9225.4

' 148.6191.3

' 281. 3192. 5204.4181.4

' 179.1r 159. 5' 178.1

44.7118. 497.062.857.9

113.684.5.

122.0

105.6108. 493.5

93.2106. 592.0

38. 6536. 6342.57

40.2235. 8941.0229.2125. 6827. 6423.9644.25

40.93

53.62

43.4950. 7934.00

' Revised. * Included in total and group indexes, but not available for publication separately.{Revised series. For revisions in indexes for nondurable goods, for 1938 and 1939, see table 12, p. 18 of the March 1941 Survey. Index for transportation equipment re-

vised beginning January 1939, see table 57, p. 17 of the December 1940 Survey. Slight revisions were made in data for textiles and their products and fabrics beginning 1933:revisions not shown on p. 27 of the May 1940 Survey are available upon request. Revised indexes for Illinois beginning 1923 adjusted to census trends for the years 1923 through1935 will be published in a subsequent issue. For revisions in Chicago indexes, see note marked with a " ! " on p. 29 of the January 1941 Survey. Earlier data for the revisedNew York indexes will appear in a subsequent issue. Index for Wisconsin revised beginning 1925; revised data not shown on p. 74 of the February 1941 Survey will appearin an early issue. Telephone and telegraph pay-roll indexes revised beginning 1932, other indicated nonmanufacturing pay-roll indexes revised beginning 1929; see table 19,p. 17 of the April 1940 Survey.

with anNew series. Data beginning March 1931 on Ohio pay rolls are shown on p. 17 of the March 1942 issue; for other indicated pay-roll series, see last sentence of note marked

"*" on p. S-8 of this issue. Earlier monthly data for wage series on machine tools not shown on p. 29 of the March 1941 Survey are available upon request.




1942

May

1941


Octo- j Novem-ber j ber

Decem-ber

1942

Janu-ary



WAGES—Continued !

Factory average weekly earnings—Continued, jU. S. Department of Labor—Continued. i

Durable goods—Continued. jMetals, nonferrous, and products.dollars. -

Brass, bronze, and copper prod...doStone, clay, and glass products do

Brick, tile, and terra cotta .-doGlass -do

Transportation equipment. .-doAircraft* doAutomobiles doShipbuilding* do

Nondurable goods doChemical, petroleum, and coal products

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

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

Leather and its manufactures doBoots and shoes do

Paper and printing doPaper and pulp do

Rubber products doRubber tires and inner tubes do

Textiles and their products. doFabrics .doWearing apparel do

Tobacco manufactures doFactory average hourly earnings:

Natl. Ind. Con. Bd. (25 industries) doU. S. Dept. of Labor (90 industries) do. . . .

Durable goods doIron and steel and their products, not

including machinery dollars-.Blast furnaces, steel works, and rolling

mills dollars.-Hardware doStructural 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) dollars. -Electrical machinery, apparatus, and

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

windmills dollais..Foundry and machine-shop products

dollars..Machine tools*. doRadios and phonographs do

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

dollars. .Stone, clay, and glass products do

Brick, tile, and terra cotta... doGlass do

Transportation equipment doAircraft* doAutomobiles do .Shipbuilding*} do. . .

Nondurable goods doChemical, petroleum, and coal products

dollars. _Chemicals doPaints and varnishes doPetroleum refining doRayon and allied products do

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

Leather and its manufactures doBoots and shoes do.

Paper and printing do.Paper and pulp do

Robber products J doRubber tires and inner tubesX do

Textiles and their products doFabrics doWearing apparel do

Tobacco manufactures doFactory average weekly earnings, by States:

Delaware 1923-25=100-.Illinoisf 1935-39=100..Massachusetts! 1925-27=100..New Jersey 1923-25=100..New Yorkf 1935-39=100-Pennsylvania 1923-25=100.-Wisconsinf 1925-27=100..

140.9147.9138. 9182.1152.4153.3150.8

33.1237.1027.6424.5829. 5339.9035.8441.5641.0024.48

32.4135.4833.0537.1428.1626.6827. 5629.5522.0920.8931.1329.0732.8238.8820.1320.0920.2218.82

.799

.726

.806

.858

.967

.707

.825

.652

.556

.584

.537

.818

.886

.829

.936

.803

.822

.661

.770

.834

.710

.639

.769

.945

.7941.014.928.641

.806

.863

.7701.008.712.670.659.731.590.567.811.676.816

1.008.530.520.550.509

112.1125.1114.7146.6126.0132.7127.2

34.3038.3728.0424.9729.9142.7035.6345.6843.8325.11

33.6336.0433.8138.7428.3527.0828.2129.7922.9921.6632.0130.9734.7041.4120.3320.2820.4819.48

.818

.738

.822

.863

.964

.737

.836

.660

.570

.597

.552

.832

886

.842

.967

.819

.831

.664

.794

.861

.717

.642

.780

.976

.7971.063

954.650

.824

.866

.7801.020.722.672.665.738.599.573.826.716.836

1.037.534.522.559.517

116.2128.9117.3149.5128.6135.8131.1

33.7838.4627.0224.5928.1940.5136.5740.7945.5425.07

33.7436.3832.6338.2629.0626.3628.2629.4323.6822.5331.7030.4933.1839. 5420.5520.4320.9019.45

.822

.744

.826

.862

.965

.710

.826

.664

.577

.601

.560

.836

.890

.850

.977

.818

.841

.693

.803

.876

.720

.645

.782

.988

.8121.0661.013.657

.838

.886

.7811.030.729.662.674.737.609.584.825.727.845

1.048.550.534.582.523

114.5125. 4118.3151.0130.0132.1126. 3

34.8839.1727.9825.3029.2841.2338.0841.0946.4725.38

33.7836.5732.6538.5728.6026.3328.0630.3123.9722.9032.0431.1833.7839.1721.0420.6322.1819.37

.828

.745

.830

.871

.968

.736

.837

.669

.588

.608

.573

.844

.907

.851

.996

.826850

.687

.808

.887

.721

.648

.782

.988

.8451.0551.039.658

.837

.885

.7841.025.728.658.672.766.615

590.824.725.861

1.062.554.533. 596.520

114.7127.7118.0151.9133.6136.3131.4

35. 2238.6528.2825.2730.1941.7238.1941.7246.8225.78

34.1236.5832.5640.1429.2926.5628.3230.6323.7122.3532.3431.1732.6536.1921.7321.3822.6820.00

.845

.758

.843

.875

.971

.744

.846

.683

.590

.617

.572

.850

.916

.855

1.005

.829

.871

.697

.821

.887

.736

.653

.8121.003.845

1.0791.043.668

.845

.897

.7891.083.746.657.674.780.630.601.830.728.859

1.046. 569.551. 002.525

113.6129.2121.9156. 8136. 5134.4130.2

35. 0938.2429.3825.7132.1643.6039.2044.3247.8426.11

34.9937.6633.3340.3330.4227.1428.1831.1623.5922.0732.6631.7333.5437.9221.9121.8022.2120.36

.853

.770

.853

.877

.969

.749

.852

.708

.598

.626

.578

.861

.921

.860

1.019

.843

.876

.701

.822

.890

.744

.655

.8361.019.870

1.0911.059.680

.861

.921

.8081.097.773.679.675.786.635. 605.834.732.859

1.043.581. 566.611.527

118.7132.3120.5157.1133.3139.4136.7

34.7437.7928.4925.1330.9743.0039.7443.8445.9026.11

35.2137.8933.3040.3330. 5027.4028.8130.7723.1621.4532.9831.9834.3739.7121.5621.6621.2820.45

.860

.781

.865

.886

.977

.754

.840

.707

.602

.640

.573

.868

.917

.864

1.072

.849

.886

.705

.831

.894

.749

.657

.8391.042.901

1.1161.070.688

.875

.932

.8181.109.775.695.688.794.644.614.841.739.870

1.060.579.567.604.532

121.7130.3119.4157.4132.3138. 6134.8

36. 7240.8129.2125.7231.7543.7442.3440.9749.1926.91

36.1438.7434.1341.7431.1328.2828.8431.8224.8723.3634.0232.4033.5037.1922.2922.4621.7920.65

.868

.787871

.894

.983

.742

' . 856.703.602.641.572.879

.922

.878

1.056

.858

.908

.726

.848

.918

.753

.666'.8361.035.916

1.107'1.063

.695

.881

.943

.8221.106.797.703. 605.782.649.618. 855.747.875

1.058.583.571.609.530

128.3135.5125.2163.9137.5143.0136. 6

38.1943.5428.0424.6230.8049.2946.5649.3652.4226.95

36.1739.1833.8841.0931.7129.0629.3033.0225.0823.6433.3432.8234.5539.8522.1422.3221.5920.76

.878

.801

.904

. 7 5 2

.875

.713

.607

.644

.576

.928

1.110

.874

.926

.739

.865

.948

.751

.669

.8251.069.957

1.168' 1. 085

.701

.8241.107.800.718.697.791.649.616.852.760.887

1.085.589.574.620.549

131.5137.3130.3169.3142.4144. 6140.3

' 38.4743.62

' 29.7726.1032.15

' 49. 3144.8048.92

' 53.38' 27. 35

' 36. 4539.0234.6642.6431.95

' 28. 5629.4130.7026.1624.86

' 33.45' 33. 2834.7340.23

' 22.9422.73

' 23. 5220.05

.880

. 803

.893

.747

'.892.709.613.651.584.906

.940

.903

' 1.093

.879

.928

.748

.872

.957

.759

. 675

.830'•1.061

.9481.158

' 1. 091'.702

.881

.950'.8311.104.812.718.696.786.658.629.854

' . 7fi4.882

1.074.592

P74!629.544

' 39.1344.0230.0326. 5232. 14

' 49. 0144.9849.34

' 52. 35r 27. 70

' 3G. 6639.40

' 35. 2542. 5732.15

' 28. 9829. 4831.04

r 26. 5525. 32

' 33.6933. 5036.1041. 71

' 23. 28' 22. 91' 24. 30

19.71

.888

.809

.899

.916

'. 899.720. 620.659.594

' . 913

.954

.906

' 1. 120

.881

.943

.751

.884

. 970

.762

.085

.826r 1.051

.9511.136

r 1. 078'. 707

.889

.962'. 8391. 104.812. 723. 01)8.791.663.633.862.769.894

r 1. 078. 596.576. 633. 537

131.6140.3131.9170.3146.4148. 9145.0

134.141.

' 134.175.148.150.147.

6844827

39. 8644. 4230. 0626. 5932.3849.7745.9450. 2953. 3027.82

37.0339. 9035. 3441.9432. 1429.1429.6431.4926. 5025.2133.4232.8436. 8041. 9023.4123. 2423. 8920.91

.895

.819

.910

.926

.996

.783

.892

.738

.633

.671

.607

.924

.959

.913

1.116

.900

.944

.764

.897

.982

.769

. 689

.8391. 055.9661,1331.080.714

.900

.973

.8471.105.808.732.706.800.(178.649.868.769.904

1.071.599.583.630.554

137. 2144.0

' 134. 9' 177.7

150.1' 151. 3

147. 7

'Revised.{Data for rubber products and for rubber tires and inner tubes revised beginning October 1941 and for shipbuilding beginning December 1941 on the basis of more complete

reports.tRevised series. Indexes for Illinois revised to a 1935-39 base; for factor for converting average weekly earnings index on a 1925-27 base beginning 1935, see p. 29 of the

January 1941 Survey. Index for Massachusetts revised beginning 1935; earlier data will be published in a later issue. Revised indexes for Wisconsin beginning 1925 will beshown in an early issue. Earlier data for the New York State index will appear in a subsequent issue.

*New series. Earlier monthly data not shown on p. 29 of the March 1941 Survey are available upon request.




1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

January Febru-ary March April


WAGES—Continued

Miscellaneous wage data:Construction wage rates (E. N. R.):1 |

Common labor.. dol. per hour..Skilled labor do

Farm wages without board (quarterly)dol. per month.

Railway wages (avg., class I)..dol. per hour..Road-building wages, common labor:

United States, average doEast North Central doEast South Central doMiddle Atlantic do____Mountain doNew England doPacific doSouth Atlantic ..doWest North Central doWest South Central do

PUBLIC ASSISTANCE

Total public assistance and earnings of personsemployed under Federal work programst

mil. of doL.Assistance to recipients:§

Special types of public assistance doOld-age assistance* do

General relief doSubsistence payments certified by the Farm

Security Administration mil. of doL..Earnings of persons employed under Federal

work programs:Civilian Conservation Corps ...mil. of dol..National Youth Administration:

Student work program doOut-of-school work program.. do

Work Projects Administration doOther Federal agency projects financed

from emergency fundsf mil. of dol_.Earnings on regular Federal construction

projects* mil. of dol..

0.7881.54

.53

.67

.41

.60

.68

.65

.90

.43

.55

.42

0.7411.49

.48

.62

.34

.56

.57

.53

.73

.36

.49

.40

199

594423

1

106

0. 7471.49

.733

.49

.64

.36

.56

.60

.52

.73

.35

.51

13

38

81

1

110

0.7531.50

44.95.727

.50

.66

.35

.55

.60

.55

.73

.36

.51

.39

167

604520

12

67

1

119

0.7531.50

.727

.50

.67

.36

.57

.59

.55

.76

.36

.50

.40

C)8

61

1

130

0.7611.52

.733

.49

.65

.37

.57

.62

.55

.79

.36

.50

.42

159

614619

1

137

0.7611.52

45.47.727

.49

.65

.37

.59

.63

.54

.80

.36

.52

.41

161

624719

10

27

62

C)

157

0.7681.52

.745

.49

.66

.38

.57

.60

.55

.79

.37

.53

.41

160

624718

1

10

27

60

C)167

0.7691.52

.836

.49

.67

.37

.59

.61

.59

.81

.35

.50

.41

170

' 6 3' 4 8

19

1

8

27

69

(°)

167

0.7761.53

47.77.841

.45

.65

.36

.63

.63

.57.85.35.55.40

162

634820

1

8

26

62

(•)

166

0.7801.54

.860

.43

.69

.37

.59

.62

.52

.82

.36

.51;43

157

644919

2

7

25

58

( a )

' 186

0.7801.54

.840

.47

.68

.37

.57

.62

.52

.82

.37

.52

.42

159

644819

1

6

25

62

( a )

194

0. 7881.54

50.90.834

.49

.65

.37

.64

.63' . 6 2

.89

.40

.52

.44

150

644817

5

25

56

237

FINANCE

BANKING

Acceptances and com'l paper outstanding:Bankers' acceptances, total mil. of dol._

Held by accepting banks, total.. doOwn bills doBills bought do

Held by others* doCommercial paper outstanding do. _.

Agricultural loans outstanding of agencies su-pervised by the Farm Credit Adm.:

Total, excl. joint-stock land bks.f.mil. of dol..Farm mortgage loans, total.. ..do

Federal land banks doLand Bank Commissioner do

Loans to cooperatives, total doBanks for cooperatives, incl. central

bank mil. of dol..Agr. Mktg. Act revolving fund do

Short term credit, totalf doFederal intermediate credit banks, loans

to and discounts for:Regional agricultural credit corps.,

prod, credit ass'ns, and banks forcooperativescf mil. of doL

Other financing institutions doProduction credit associations doRegional agr. credit corporations ....doEmergency crop loansf doDrought relief loans do

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

New York City doOutside New York City do

Federal Reserve banks, condition, end of mo.:Assets, total mil. of doL-

Res. bank credit outstanding, total...doBills discounted doUnited States securities do

Reserves, total doGold certificates do

Liabilities, total doDeposits, total do

Member bank reserve balances doExcess reserves (estimated) do

Federal Reserve notes in circulation_. do __Reserve ratio percent..

174133

825141

354

2,8692,2881,715

572114

9913

468

25745

2414

1314728

44, 20116, 98527, 216

24, 4682,634

72,489

20, 79920. 52124,46814, 09412,4052,4809,071

89.8

215164105

6051

295

2,9882,4581,824

63490

7416

440

21740

2156

1305044

' 39, 93216,124

r 23, 808

23, 8592,280

42,184

20,61520, 32523,85916,13213,724

5,8016,503

91.1

213161101

5952

299

2,9882,4481,818

63090

7416

450

22542

2217

1305043

42,13517,28224, 853

23,7042,267

22,184

20, 58320.32223,70415,86313,051

5, 2106,724

91.1

2101611065549330

2,9862,4371,811

8016

453

22744224

1295041

40,94716, 28824, 660

23,8282,293

52,184

20, 60320, 31723,82815, 78113,1515,2156,85791.0

197148100

4750

354

2,9752,4261,804

62299

8316

450

22945

2217

1284939

39,11215, 07924,033

23,8332,275

112,184

20,57120, 31423,83315,52112, 7944,7967,080

91.0

177131

854646

371

2,9542,4111,795

616111

9416

431

22543

2087

1254938

39,96415, 65424,310

24,0262, 264

112,184

20,71220, 46124, 02615,48913, 227

5,1G97,234

91.2

185138904747378

2,9242,3951,786610119

10116

410

219391947

1214936

46,46319,14827,315

24,2112,309

62,184

20, 84120, 57224,21115,46612, 5804, 5577,43291.0

194144

935150

387

2,9062,3801,776

604128

10917

398

22038

1877

1184835

41,15216,07725, 075

24,1922,312

62,184

20,82220, 56924,19215,21313,1403,8287, 669

91.0

194146

925449

375

2,8912,3611,764

597133

11317

397

22639

1886

1174833

51, 71720, 59831,118

24,3532,361

32,254

20,76420, 50424, 35314,67812,4503,0858,192

90.8

197154103

5243

381

2,8732,3431,753

590130

11116

400

22540

1915

1184832

44, 26117, 24727, 014

24, 2882,369

42,243

20, 90220, 53324, 28814,71512,9273,3478.303

90.8

190144

925346

388

2,8782,3321,746

586129

11017

417

23541

2034

1224732

37, 77314,24223,531

24, 3222,412

52, 262

20, 84620,51524. 32214,44112,619

2. 9698, 559

90.6

183146

895737

384

2,8762,3111,731

580125

10616

440

24743

2194

1274730

44,80717, 05627, 751

24,1872, 355

92,244

20. 82120, 49524,18714, 26812, 5753,0738,635

90.9

177139865338373

2,2961,721575121

10216

p 470

258442454

v 1304729

42, 46116, 02326, 438

24,3592,468

2,35720. 82420, 51024, 35914,20412, 6582,7918,821-90.4

r Revised. a Less than $500,000. •None held by Federal Reserve banks.1 Construction wage rates as of May 1. 1942: common labor, $0,796; skilled labor, $1.53.§Figures for special types of public assistance and general relief exclude the cost of hospitalization and burial. The cost of medical care is also excluded begmring Septem-

ber 1940; this item is included in all earlier data on general relief and in figures for July 1937-August 1940 on special types of assistance.cf'To avoid duplication these loans are excluded from the totals.fRevised series. Total public assistance and "other Federal agency projects financed from emergency funds" revised to exclude earnings on regular Federal construction

projects and also on projects financed from Reconstruction Finance Corporation funds; revised data beginning January 1933 will appear in a subsequent issue. For revisionsin data on emergency crop loans published in the Survey prior to the September 1940 issue, see note marked " t " on p. 76 of the February 1941 Survey.

*New series. For data beginning 1933 for old-age assistance, see table 56, p. 17 of the December 1940 Survey. Data on earnings on regular Federal construction projectsbeginning January 1933 will appear in a later issue.




1942

M a y

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


FINANCE—Continued

BANKING—Continued

Federal Reserve reporting member banks, con-dition, Wednesday nearest end of month:

Deposits:Demand, adjusted .mil. of dol..Demand, except interbank:

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

States and political subdivisions doUnited States Government d o —

Time, except interbank, total _doIndividuals, partnerships, and corpora-

tions mil. of dol_.States and political subdivisions...do

Interbank, domestic . do—Investments, total do

U. S. Govt. direct obligations, total..do....Bills t- d o —Bonds— doNotes do-...

Obligations guaranteed by U. S. Govern-ment mil. of doL.

Other securities doLoans, total d o —

Commerc'l, indust'l, and agricult'l_..doOpen market paper d o —To brokers and dealers in securities ..doOther loans for purchasing or carrying

securities mil. of doL.Real estate loans doLoans to banks d o —Other loans do

Installment loans to consumers:*By credit unions:

Loans made d o —Repayments doAmount outstanding, end of month, .do

By industrial banking companies:Loans made . . . d o —Repayments d o —Amount outstanding, end of month..do—

By personal finance companies:Loans made d o —Repayments do... .Amount outstanding, end of month..do

Money and interest rates:§Bank rates to customers:

New York City percent..7 other northern and eastern cities do11 southern and western cities do

Discount rate (N. Y. F. R. Bank) do....Federal land bank loans doFederal intermediate credit bank loans.do—Open 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:Call loans, renewal (N. Y. S. E.)._.do..-.U. S. Treasury bills, 3-mo.* do....

Average yield, U. S. Treasury notes, 3-5 yrs.:Tax-exempt percent..Taxable* do

Savings deposits:Savings banks in New York State:

Amount due depositors mil. of doLU. S. Postal Savings:

Balance to credit of depositors do....Balance on deposit in banks do—

COMMERCIAL FAILURESf

Grand total number.Commercial service, total. _ do...Construction, total do...Manufacturing and mining, total do...

Mining (coal, oil, miscellaneous) doChemicals and allied products doFood and kindred products. ...doIron and steel products ...doLeather and leather products doLumber and products __do.Machinery do -Paper, printing, and publishing doStone, clay, and glass products doTextile-mill products and apparel doTransportation equipment do -Miscellaneous do.

Retail trade, total do.Wholesale trade, total.._ do

Liabilities, grand total thous. of dol..Commercial service, total. _ doConstruction, total do.

25, 483

24,9221,9711,3015,109

4,914175

9,17520, 77414, 5591,95310,3092,297

2, 6673.54810,9056,542

382528

4031,243

281,779

18.024.5

177.8

33.842.7

268.2

57.570.4

503.7

1.004.001.50

1.00.364

5,374

1,30824

9554263

13475

1734

205

203

29

25647

69>,839

471., 175

24,311

23,6121,870

3905,449

5,240183

9,22017,68910,974

9297,8332,212

3,0223,693

10,2265,673

367571

4511,239

421,883

35.328.3

210.2

52.547.5

301.5

85.380.0

519.3

1.004.001.50

Me

IK

1.00.082

.44

.72

5,604

1,31030

1,1194063

18164

363

1022

514

652

320

735100

10,065647913

23,949

23,6671,604

4635,443

5,243174

9,27217, 87211,2551,0807,9292,246

3,0383,579

10,4535,897

371529

4531,244

401,919

32.726.8

216.1

51.847.0

306.3

87.079.3

527.0

1.952.583.231.004.001.50

Me

1.00.089

.38

.68

5,628

1,30430

9703651

16648

2556

227

194

483

15619

981,449

401684

24, 544

24,0291,750

4705,444

5,260158

9,07818,19911, 2791,0747,9522,253

3,3093,611

10, 5726,047

388478

4391,253

431,924

30.827.1

219.8

49.546.7

309.1

85.080.9

531.1

1.004.001.50

MflH

IK

1.00.097

.37

.67

5,575

1,30729

9084059

16594

3665

186

191

342

25570

7413, 422

5001,072

24,349

23, 7191,876

5915,445

5,268156

9,35518,33511,2511,0197,9492,283

3,3163,768

10,9036,222

397607

4361,256

451,940

29.627.0

222.4

46.146.1

309.1

86.281.3

536.0

1.004.001.50

MeK

IK

1.00.108

.33

.62

5,555

1,30928

9544676

16635

468

1210

718

331

221

58581

11,134672

1,732

24,277

23,8941,906

5805,448

5,267160

9,66918,10110, 982

7857,9172,280

3,3193,800

11,0246,447

397494

4281,257

391,962

24.025.9

220.5

38.442.4

305.1

'68 .0'74 .0530.0

1.982.623.291.004.001.50

Me

IK

1.00.055

.34

.62

5,555

1,31128

7354639

12357

4273

11743

172

15460

679, 393

447594

24, 258

23.6621,889

6535,459

5,285153

9,35718,37911,318

7978,2772,244

3,3303,731

11,2036,554

419531

4311,265

371,966

25.228.0

217.7

43.045.1

303.0

76.3'79 .8

' 526.5

1.004.001.50

MeK

IK1.00.049

.41

.72

5,554

1,31727

8092957

138

45

188

133

232

12516

697,333

358577

24,324

23,8141,780

8265,410

5,232155

9,40518,43211,860

9908,3422,528

2.9223.650

11, 2596,593

428548

4271,256

381,969

23.026.2

214.5

40.844.1

300.3

'81 .4'81 .2

' 526. 7

1.004.001.50

1.00.242

.57

.90

5,541

1,32427

8423851

1674

1539

15

197

153

332

24529

571,197

448618

23,650

23,9931,7211,4755,368

5,172173

9,04018, 71512,085

8838,6672,535

2,9643.666

11,3706,722

423535

4221,259

351,974

25.028.1

211.4

44.947.6

297.6

' 103.1'94 .4

' 525. 4

1.882.452.991.004.001.50

M«tt-H

IK1.00

.641.02

T 5,555

1,31426

6263

1464

1125

46

125

143

421

19540

8713. 469

8631,161

24, 747

24,2061,8201,4515,259

5,058181

9,08819, 08712, 6891,2409,0872,362

2,7093,689

11,2556,778

424448

4091,248

371,911

17.929.9

199.4

38.346.0

289.9

'65.9' 74 .7

' 526. 6

1.004.001.50

MeH-H

IK

1.00.214

.47

.96

5,433

1,31025

9625365

15946

3955

113

131

443

25604

81), 916

589851

24,712

24,5951,8041,6715,205

5,005180

9,03319,55113,1321,2069,5892,337

2,7233,696

11,3926,902

422471

4101,250

371,900

18.625.6

192.4

34.839.7

285.0

' 64.1'70 .0

'520.7

1.004.001.50

MeH

m1.00.250

5,401

1,307'25

9165957

14158

3155

138

152

242

23589

709,631

927920

24,197

23, 6731,9161,8695,137

4,953164

8,88519,10012, 705

6809, 6712,354

2,6843.711

11,3947,003

424408

407 j1, 245

291, 878

25.427.5

190.3

42.345.4

281.9

'84 .9' 84. 4

' 521.2

1.85 |2.48

25, 358

24.6362.0961, 5065,128

4,929189

8,68720,11113, 7301,6699,7052,356

2,6753,706

11,094' 6, 726

409441

3951,246

30'1.847

19.325.3

184.3

36.941.7

277.1

'71 .4'76 .0

' 516.6

3.201.004.001.50

Mo

1.00 i.212 !

i .44.93

1,305' 2 5

1.04848 I

1886 I4

43

8251024

436

318

65035

12,0111,194

896

1.004.001.50

MeH

m1.00.299

"""."98

5,373

1, 30624

9383865

14648

3645

15' 218

329

3'19624

659,282

3351,033

' Revised. §For bond yields see p . S-18.i No tax-exempt notes outstanding within matur i ty range after March 15, 1942. Average shown for March 1942 covers only first half of month .X Certificate of indebtedness included in bills beginning April 1942.t Revised series. For data beginning January 1940 and an explanation of the revision, see p . 32 of the March 1941 Survey. For previous revision of 1939 data, see p. 31 of tbe

March 1940 Survey.*New series. For data beginning 1929 for industrial banking companies, personal finance companies and credit unions, respectively, see table 35, p . 18 of the September

1940 Survey, table 25, p . 26 of the September 1941 Survey, and table 27, p . 26 of the October 1941 issue. The series on 3-months' bills of the U. S. Treasury represents the rateon new issues offered within the month , tax-exempt bills prior to March 1941, taxable thereafter; earlier data will be published in a subsequent issue. Earlier data for the serieson taxable Treasury notes appear on p . S-14 of the April 1942 Survey.




1942

M a y

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary

Febru-ary March May

FINANCE—Continued

COMMERCIAL FAILURES!— Continued

Liabilities— C ontinued.Manufacturing and mining, total.-thous.of dol.

Mining (coal, oil, miscellaneous) doChemicals and allied products doFood and kindred products doIron and steel and products doLeather and leather products -doLumber and products doMachinery.-. doPaper, printing, and publishing doStone, clay, and glass products doTextile-mill products'and apparel doTransportation equipment doMiscellaneous _ do

Retail trade, total .do...Wholesale trade, total do

LIFE INSURANCEAssociation of Life Insurance Presidents:

Assets, admitted, total}: 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..Gov't. (domestic and foreign), total-do—

U. S. Government -doPublic utility -do....Railroad _ ..doOther . . .do.. .

Cash _-. doOther admitted assets .do

Insurance written:®Policies and certificates, total number

thousands.Group doIndustrial .doOrdinary _ do

Value, total thous. of dol..Group -doIndustrial -doOrdinary do

Premium collections, total® doAnnuities -doGroup doIndustrial doOrdinary .do

Life Insurance Sales Research Bureau:Insurance written, ordinary, total do

New England _ doMiddle Atlantic .do....East North Central doWest North Central do....South Atlantic doEast South Central do....West South Central do....Mountain .doPacific do....

Lapse rates 1925-26=100..

MONETARY STATISTICSForeign exchange rates:

Argentina^.. dol. per paper peso..Brazil, official dol. per milreis..British India dol. per rupee..Canada _dol. per Canadian dol__Colombia dol. per peso..Mexico __doUnited Kingdom... dol. per £__

Gold:Monetary stock, U. S mil. of dol..Movement, foreign:

Net release from earmark* __thous. of dol...Exports. _ doImports. ..do

Production, estimated world total, outsideU. S. S. R thous. of dol..

Reported monthly, total!.- doAfrica doCanada doUnited States.. do

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

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_.

Carada§ doMexico doUnited States do

Stocks, refinery, end of month:United States _ do

2,92423449

9569

24663

56239

62348

2744,392

877

27, 3415,134

6844,4501,4232,188

17, 3918,4536,5954,3782,6501,910

597608

70548

461196

580,12487, 773

141, 378350,973270, 516

25, 36314,49659,133

171,524

457, 92636, 248

114,230106, 44548,83344, 67917, 75831, 82512,18845, 720

.298

.061

.301

.886

.570

.2064. 035

22, 714

-38 ,196

138, 84612, 074

4,948

3,270

2,777104

19807

9311021511916895

712175160

4,765963

25,7524,778

6694,1091,6072,335

15,2436,7884,9623,9652,7201,7701,201

588

80934

516259

657,02746,765

151,391458,871265,108

25.38914,14256,964

168,613

604,16249,078

161,514140,48057,07661,16024, 52441,65015, 69252, 988

.2P8

.061

.301

.874570

.2054.031

22, 575

- 3 , 8 4 65

34,825

105,14088, 75047, 87115,72115,948

254,1379,357

6153,347.348

20. 3591,9023,7696,465

2,181

3,15515782451

20111325116

1,030328250

3,5911,618

25,8884,796

6734,1231,6052,325

15,4186,9145,0823,9722,7111,8211,202542

73fi32

459246

648,14462,977135, 633449, 534272,17329,85912, 52061,120168,674

594,16447,099154,975134,00855,06963,41326,79245,38515, 35552,068

.298

.061

.301

.882

.570

.2054.032

22,624

3,9807

30,719

105,875SQ, 58146,33915,86016,395

255,2629,612

2104,099.348

23, 2142, 0588,0625,047

2,324

4295573112672

59734658427256236

2,8883,5791,573

26,0024,820674

4,1461,5932,312

15,5826,9875,1574,0432,7371,8151,171524

72949438243

660,12582,909128, 783448,433271, 48233,69313, 78252,341171,666

582,29247,531153,032132, 76656,18257,94623, 34743,17315,11053,205

.298

.061

.301

.883

. 570

.5054.032

22, 675

-27, 72813

37,055

109,97093, 59748,21215,98318,463

358,6039,732

3534, 686.348

22, 7631,8526,7266,310

2,235

3,7995661

1, 5032803141659571255

35745156

3,4921,439

26,1064,851721

4,1301,5852,302

15,7187,0475,1914,0682,7481,8551,120530

72942

450237

645,04671,689131,329442,028245,17320,73213,14956, 423154,869

581,17144,850147,610131,89555, 74661, 53524,23344,99315,62454, 685

.298

.061

.301

.890

.570

.2054.032

22, 719

-31,2026

36,979

108,53592, 44347, 58716,35317,413

322,5069,995

2073, 561.348

22,6071,6606,8786,277

2,803

4,18999185

2,2626637342477103171677

4273,239924

26,2454,882

6784,2041,5752,293

15,8147,0925,2334,1082,7471,8671,139542

73862

431245

699,549130,229128,493440,827251,88721,47813,82860,842155,739

581,99845, 204148,781131,36755,45761,11526,55643,61915,33754,562

.298

.061

.301

.891

.570

.2054.033

22, 761

-46, 7865

65,707

109, 93593,86347,21215,57820,807

385, 35010,163

3483, 356.348

21,8081,6256,9445, 620

1,231

2,87914673

1,02712811733322914228

238269149

2,790729

26, 3764,924677

4,2471,5582,281

16,2657,3915,5464,2242,7631,887815533

82042499279

730,32774,794148,388507,145261,86522,84014,63755, 685168,703

658,33951,195181,013152,17959,52666.13024,84545, 50716, 50761,437

.298

.061

.302

.888

.570

.2064.033

22,800

-32,2313

40, 444

111,265r 94, 890r 47, 97016,14118, 781

338,23310,364

704,221.348

20, 4741,6405,9735,087

1,036

3,8273282267638463

3662035628352856

5653,472832

26,5084,959675

4,2841,5412,271

16,3687,4395,6034,2382,7551,936828541

75938

470251

681,47989,360141,349450, 770247,96623, 67011,94953,168159,179

581,69246,258158,819135, 36052, 79257,87423,38340, 55313,91052, 743

.298

.061

.302

.886

.570

.2054.034

22, 785

60,913()

107 940r 91, 5S6r 46, 63715,49919, 740

324,13510,640

C)(•).348

18, 3521,6814,4294,631

2,739

5,661577254547553159238780206818772

1,3774,3231,471

26, 6625,012675

4,3371,4882,255

16,6417,7435,9084,2552,6821,961681585

1,193246598349

1,141,316298,817186,190656,309414,13790,14824,75784,397214,835

879,49266,292251,633196,56979,86490, 21834,15464, 97620,48075,306

87

.298

.061

.301

.874

.570

.2064.035

22,737

-99, 705

r 105,035v 88, 823r 47, 328U, 74616, 700

237,66011,160

.35121,1961,7225,5485,661

1,947

3,550184200

1,3781739917651704

615100500

3,6411,285

26,8175,023671

4,3521,4832,241

16, 5287,6135,7794,3092,6871,919955587

77033

404334

955, 35349,076119,820786, 457295,82738,92117,84261, 281177,783

1.001,65383, 056

309, 292220, 73987, 33291, 27238, 27367, 60221,69482, 393

.298

.061

.301

.878

.570

.2064.035

22, 747

-38, 506

105,17"v 89,264v 47, 53414,19814, 982

235, 57111,175

.35121, 3681, 5387,4714,844

4,382

2,52518273

470116119456662143331922455

4,2321,027

26,9285,047672

4,3751,4742,228

' 16, 7067,8165,9814,3042,6801,906884589

67732418227

650,64950,231126,492473,926272, 77825, 37815, 04057, 578174,782

634, 53851,310175, 355141,93960,21860, 75424, 74244, 57715,34560, 298

. 061

.301

.884

.570

.2064.035

22, 705

-109,277

v 92, 330p 77, 551v 44, 46313,14710, 034

134,02811,485

. 35120, 3611,478

r7, 2134,470

3,224

3,73929922

1,10216620438019149312442725

2864,8131, 369

27, 0805,071673

4,3981, 4522,216

16, 7547,8305,8834, 3512,6711, 902986601

72455

456213

652, 45997, 826140, 735413. 898291,53824,13018, 78964, 257184, 362

552, 04442, 030138, 708126, 33053,18252,17324, 96046, 53414. 53353, 594

.298

.061

.301

.877

. 570

.2064. 035

22, 687

-65, 525

p 83,544P 47,43015, 37210, 959

141.11011,566

.35121,6571, 6067,2115, 285

3,152

2.953481569366453263' 5842998316204

r 3283,8291,132

27, 2095,105681

4,4241,4362,202

16, 9448,0146,1564,3692, 6591,902921

•"601

72168

454200

625,084124, 823139, 022361,239276, 00723,11314, 968(•6, 272171, 654

462. 76137,131118, 591106,487

44, 93145, 96818, 95032, 60411,9984Q, 101

.298

.061

.301

.872

.570

.2064.035

22, 691

- 2 0 , 068

"81,889p 46, 303

14, 72811,058

141, 28811,767

.351

1,613

5," 606

2, 930r Revised. » Preliminary. <» Publication of data discontinued. J36 companies having 82 percent of total assets of all United States legal reserve companies.® 39 companies having 81 percent of total life insurance outstanding in all United States legal reserve companies. *Or increase in earmarked gold (—).1 See note marked " 1 " on p. S-15 of the February 1942 Survey in regard to changes that have affected the comparability of the data; a subsequent revision of the data for

Africa and the total reported monthly beginning April 1941 includes estimates for Sierra Leone and Nigeria and are as reported by the Bureau of Metal Statistics.5 Data reported by the Canadian Government; see note marked "§" on p. 33 of the June 1941 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

1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1943

Janu-ary


FINANCE—Continued

PROFITS AND DIVIDENDSIndustrial corporations (Board of Governors of

the Federal Reserve System): *Net profits, total (629 cos.) mil. of doL.

Iron and steel (47 cos.) doMachinery (69 cos.) doAutomobiles (15 cos.) doOther transportation equipment (68 cos.)

mil. of dol._Nonferrous metals and products (77 cos.)

mil. of doL_Other durable goods (75 cos.) doFoods, beverages, and tobacco (49 cos.), doOil producing and refining (45 cos.)._doIndustrial chemicals (30 cos.) doOther nondurable goods (80 cos.) doMiscellaneous services (74 cos.) do

Profits and dividends (152 cos.):Net profits doDividends:

Preferred doCommon do

Public utilities, except steam railways and tele-phone companies, net income (52 cos.) (Fed-eral Reserve Bank of New York).mil. of doL.

Railways, Class I, net income (Interstate Com-merce Commission) mil. of doL.

Telephones, net operating income (91 cos.)(Federal Communications C o m m i s -sion) mil. of doL -

Corporate earnings (Standard and Poor's):Combined index, unadjusted* 1926=100--

Industrials(119cos.) doRailroads (class I)* doUtilities (13 cos.) . .do.—

PUBLIC FINANCE (FEDERAL)

War program In the United States, cumulativetotals from June 1940: *

Programt - mil. of dol._Commitments doCash expenditures § do

Debt, gross, end of month_ doPublic issues:

Interest bearing doNoninterest bearing, do

Special issues to government agencies andtrust funds mil. of dol. _

Obligations fully guaranteed by U. S. Gov't:Total amount outstanding eft mil. of doL.

By agencies:cfFederal Farm Mortgage Corp doHome Owners' Loan Corporation f_doReconstruction Finance Corp do

Expenditures, total f-. thous. of dol..National defense* doAgricultural adjustment program* doUnemployment relief* doTransfers to trust account! doInterest on debt*.-.. doDebt retirements doAll other* do

Receipts, total doReceipts net* »_,do

Customs .doInternal revenue, total __.do

Income taxesf doSocial security taxes do

Government 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, totalmil. of dol..

Bonds, 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._

168,786

' 29. 73668, 571

60, 591

462

7, 518

5, 667930

2, 4091, 492

3,954,9683,552,676

62, 25782, 081

19, 2031,500

236, 246764,037562, 666

29, 608708, 059216,135222, 134

549844873

56

36284342534836

297

40,83827, 8897.763

47, 737

41,342561

5,834

6,359

1,2692,4091,741

,142,207857, 09127,295

141, 55411,58011, 5031,335

91, 850541,159393, 683

41, 060482, 858

63, 271165. 204

13.1088,800

1,099505

2,438

3,2881,472

905623

1,3921,389

9,297

6,3711,4341,492

423

3,388

23165

53.6

103. 2

61.8

108.3111.859.9

139.6

40,86131,5878,75748,979

42, 285574

6,120

6,360

1,2692,4091,741

1,545,602832, 23322,025130, 8979,565

339, 43117.128194. 322

1,277,0921,276,00938, 217

1,211,087916,17031,817

13, 2778,804

1,115505

2,445

3,2271,511

925636

1,4971,415

9,417

6,3701,4431,604424

560814660

284

23170

52, 50835, 5489,870

49,540

42, 669548

6, 324

6,930

1,2692,4092,101

1,600,253966.18344,232

132,075168, 55424, 8282,654

261, 726455, 55fi412, 942

3fi,743399,78383, 66847,926

60,91839, 65011,16050,936

43,916

550

6,470

6,928

1,2692,4092,101

1,563,7121,129,286

26,764105, 70714,311

8, 55634, 223

244,864553, 833396, 510

34, 511500,132

58, 674172,696

13,797 I 13,8108. 756 8,826

1,101497

2,413

3,1911,553

947653

1,5671,930

10,142

6,9391,4421,761425

1,076497

2,413

39.8

188.4

58.6

' 107. 4' 106. 2112. 6

' 109.0

61,66344,28412,67651,371

44,157556

6,658

6,929

1,2692,4092,101

1,882,0111,327,39332, 458108, 4936,200

169, 3597,951

230.161i 1,136,0791,131,91436,114

1,076,506779, 91737,197

13. 9898,864

1,075497

2,427

3,152 3,1281,690 1,738

967664

1,6251,800

10,123

6,9371, 4451.741426

968671

1,7101,862

10, 231

6,9371,4341,859427

3,436 ! 3,239 i 3,261 I 3,331

68,20749, 61914,43153,608

46.401544

6,664

6,930

1,2692,4092,101

2,089,3361,533,67857,865

109,41445,01074,6046,710

262. 055488,758445, 29334,040431,29468, 30848, 910

14,3689,033

1,074484

2,413

3,1051,957

1,015689

1,8051,911

10, 306

1,4161,952428

3,633

68,37351, 44116,05055,066

47,755504

6,806

6,316

1, 2692,4091,802

1,860,4451,445,60371,82095,3479,75015,4902,740

219, 696730,198563.94929, 967

682, 68266, 229180, 561

14, 4709,001

1,072483

2,401

3,1121,933

1,021698

1,8791,980

9,690

6,3241,3931,974430

4,349

550725561

62

40323746524648

277

24221

138.4

72.3

v 116. 2v 124. 8'84.4

p 127. 6

80,60456,62518,22058, 020

50, 551487

6,317

1,2692,4091,802

2,557,1031,846,555112,840114,8058,750

232, 44615, 553226,1541,214,4171,212,30332,926

1,159,387767,09841,376

14, 6609,167

1,114498

2,424

3,1341,996

999714

1,8911,889

9, 765

6,3241,3922,049

431

4,464

97, 76885, 03920, 51760,099

52,555481

5, 673

9372,4091,492

2,630,9682,100,754106, 25193, 56441,54031,7373,270

253, 851614, 084577, 64735, 187

555, 031133,46952, 576

14,9089,063

1,079497

2,430

3,1231,934

1,027751

1,9642,104

9,219

5, 7051,4022, 111432

5, 256

?423^65

P 3 5P20

^38p 28

P 2 0 6

v 21> 134

64.1

119.359p 85, 971v 22, 970r 62,434

'54,759

7,190

5,673

9372,4091,492

2,629,8392,201,08196,93092. 2629, 36012,1361,070

217.000937, 281757, 97627. 284879,417282, 506256, 955

15,2249,059

1,060498

2, 380

3,1172,004

1,058782

2,0172, 308

P 8 5 . 4 I

p 7 9 . 0 i

P 58 . 2 I

' 143. 2

449,732 i*>168,769'102, 366*>26,16562, 419

412,265^29, 73664, 961

54, 606 57.139480 ! 465

7,333 ! 7,358

5, 666 5, 666j

I 9302, 4091, 492

3,436,3012.796,958

'81,38495, 88722,113

204, 886I 15.392I 219,68113,547,800[3,547,169! 32,55913,493,0823,082,627

48,576 I

15,750 J9,065

1.046500

2, 392

3, 1002,026

1,060792 i

2,262 !2,571 |

9,418 : 9,620

5,697 !1,396 !2.325 I

434 ;

5,372 !

5,690 j1,433 i2,497

435 !

9302,4091,492

3,755,2993,230,780

65, 69991,01948, 26076, 5982,289

240, 653732, 237695, 433

32, 386! 683,522j 335,370I 43,232

16.6569,218

1,030502

2,372

3,2722,041

966815

2,7172,830

9,776

5,6881,4312,656436

5, 694 | 6,444

r Revised. » Preliminary. •Number of companies varies slightly. d"The total includes guaranteed debentures of certain agencies not shown separately.{Figures beginning February 1942 do not include $5,573,000,000, Naval Supply Bill, fiscal year 1943, approved February 7,1942, but not legally available until Julyl , 1942.§Revised because of changes made by the Treasury in national defense expenditures. Earlier data beginning July 1940 are available upon request.fRevised series. Data for total obligations guaranteed by the United States and for the Home Owners' Loan Corporation have been revised beginning September 1939

to exclude matured debt; earlier data shown in the Survey similarly exclude matured debt. For revised series under receipts and expenditures see note marked _ on this page.*New series. The new series on profits and dividends of industrial corporations of the Board of Governors of the Federal Reserve System have been substituted for the

Federal Reserve Bank of New York's series. For a description of the series and earlier data see table 10, p. 21 of the April 1942 Survey. For explanation of the new series onthe war program and earlier data see table 9, p. 21 of the April 1942 Survey. Net receipts represent total receipts less social security employment taxes which, beginning July 1940,are appropriated directly to the Federal old-age and survivors insurance trust funds and do nor appear as transfers to this fund under expenditures, as formerly; earlier data onnet receipts and revised data on income taxes appear in table 50. p. 18 of the November 1940 Survey, while earlier data for expenditures and transfers to trust accounts, revisedto exclude transfers to the old-age and survivors insurance trust fund, and da fa for the new items under expenditures are shown in table 31, p. 23 of the November 1941 Survey,with the exception of subsequent revisions beginning July 1940 in national defense, unemployment relief and all other expenditures which will appear in a later issue.Digitized for FRASER




1942

M a y

1941


Octo-ber

Novem-ber

Decem-ber

1943

Janu-ary


FIN AN CE—Continued

PUBLIC FINANCE (FEDERAL)—Con.

Reconstruction Finance Corporation, loans out-standing, end of month:^

Grand totalf tbous. of dol..Section 5, as amended, total do

Banks and trust companies, includingreceivers thous. of dol.

Building and loan associations doInsurance companies doMortgage loan companies. _._doRailroads, including receivers doA1J other under Section 5 do

Emerg. Rel. and Constr. 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 commodities

and livestock thous. of dol..Loans to business enterprises (including

participations) thous. of doL-National defense under the Act of June 25,

1940* thous. of doL.Total, Bank Conservation Act, as amended

thous. of dol.-Drainage, levee, irrigation, etc -doOther loans and authorizations! do

SECURITIES ISSUED

(Securities and Exchange Commission)*

Estimated gross proceeds, total mil. of dol_.By types of security:

Bonds, notes, and debentures doPreferred stock doCommon stock,. .do

By types of issuers:Corporate, total .do

Industrial. .doPublic utility doRail doOther do

Non-corporate, total doU. S. Government and agencies doState and municipal doForeign Government doNon-profit agencies do

New corporate security issues:Estimated net proceeds, total do

Proposed uses of proceeds:New money, total . .do .

Plant and equipment . .do .Working capital do.

Repayment of debt and retirement ofstock, total.. mil. of dol...

Funded debt doOther debt . .doPreferred stock do

Other purposes doProposed uses of proceeds by major groups:

Industrial, total net proceeds..mil. of doL.New money doRepayment of debt and retirement of

stock mil. of doL-Public utility, total net proceeds.-do

New money doRepayment of debt and retirement of

stock mil. of doL_Railroad, total net proceeds do


stock mil. of doL.Other corporate, total net proceeds.do


stock mil. of dol..

(Commercial and Financial Chronicle)t

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

New capital, total doDomestic, total do

Corporate, total doBonds and notes:

Long term doShort term do

Preferred stocks doCommon stocks do

Farm loan and other Government agen-cies thous. of doL.

Municipal, State, etc doForeign, total . . . d o

3,819,280733, 596

66, 4205,817

702197,401462, 316

939

17,382

0

368

139,465

1,670,157

700, 69370, 464

487,154

2,965

2, 952103

12610421

01

2,8392,809

300

(a)

124

592733

64115301

10249

532110

li00

01

( a )

( a )

180,031127, 570127, 570103,092

94,1250

8,9670

2,71521, 764

0

2,088,763752, 300

99, 3044,5941,696

174,640469, 658

2,408

18, 550

47

439

154, 305

239,1S4

757, 21274,49792, 349

1,411

1,389184

26571

14747

(°)1,1461,032

11301

259

665115

192188

4(°)(•)

6915

54144

6

1384545

0(a)

( a )

0

405,242105,973105,97363, 874

60, 945550

2,875

5, 44036, 659

0

2,152,711751, 305

96, 7024,3561,669

176, 579469, 634

2,365

18, 490

47

439

151, 733

306, 243

753,93978, 62292,025

635

619124

23463

112590

• 401315

8501

229

806911

1481271651

6120

40110

9

1015851

700

0

881,800519,734519,48490, 467

74, 6362,010

10, 3873,434

369, 74159, 276

250

2,230,358740, 224

92,9383,9181,628

177,864461, 567

2,308

18, 291

47

437

150, 462

355, 741

750,17078, 626

136, 361

1,087

1,051324

117553323

5970916

5400

114

413110

70581024

549

4433

7

252323

051

0

613,810297,239296,83943, 569

30, 3770

9,8253,367

212, 21241, 058

400

2,363,687737, 864

89, 7873,5741,551

180, 517460, 953

1,482

18,124

47

437

149, 603

409, 626

734, 56977, 243

236,174

718

71242

40860

318246

310266

430

(•)

404

18516817

214198

1425

5918

41316142

1732424

061

0

472,424361,029361,029327, 403

323, 8250

1,6031,975

033, 627

0

2,541,142738,058

88,0883,3701,532

182, 787460, 813

1,469

18,085

47

436

147, 422

567, 097

731, 97976, 962

261,056

457

439145

17225

10343

1285232

5102

170

312011

139135

22

(B)

2417

7102

6

9742

7

3511

0

273,96264, 84064,84034, 265

22,1400

8,4583, 667

030,575

0

2,820,257725, 550

S5, 3103,2661,389

186,389447, 771

1, 425

17, 737

47

434

142, 618

694,087

730, 07674, 343

435, 365

1,878

1,8204

54

22776812645

1, 6511,584

6402

224

916426

128117

1115

7448

238011

672521

44410

34

299,786132,499132,499103, 261

49, 6260

2,70050,935

029, 238

0

2,880,470723, G04

82, 9863,1611,365

187,185447,510

1,398

17, fi71

0

434

145, 654

785, 226

728, 63974,044

405,199

1449

i 429128

1407358

18

13091233

7401

137

806020

573719

1C)

7129

425645

1111

084

4

233,304108,600108,60089, 427

82, 399575

2,6453, 809

019,173

0

2,938,413734,171

79, 8873,161

830186,483462, 496

1,315

17, 578

0

434

152, 385

784, 396

725,48272, 814

451,155

2,319

2,2852114

1283952289

2,1922,131

600

( a )

125

513417

5744

31017

3817

1551

3

372828

093

6

217,398121,809121,80959,466

41,0525,000

13, 36054

19, 52042,823

o !

2,988,673725, 943

69,4632,897

795189,837461,792

1,158

17,527

0

431

148,591

853, 203

719,87372,068

451, 036

1,345

1,2903717

16444

109101

1,1811,061

11802

161

713833

8980

90

(°)

4343

(a)107

18

891010

011

0

333, 238181, 760181, 76087,186

32,4360

36,88717,863

11,17583, 399

0

3,166,909729, 730

69,1175,817

752190,490462,426

1,128

17,515

0

431

146, 360

993,473

715,12172, 051

492, 226

2,335

2, 315190

78393540

2,2572,216

410

( a )

76

3934

5

26122

1111

3811

163425

1044

000

0

178,528122, 021122, 02155, 209

35, 5950

18, 735458

36, 89029, 922

0

3,361,947734, 696

68, 2655,792

725193, 993464,842

1,079

17, 452

0

403

142,915

1.191,436

710,02971,859

493.156

709

69316

( a )

1024749

60

607558

4901

100

3935

4

6141155

( a )

4625

2148

8

4066

000

0

191,148103, 551103,55173,085

55, 5100

15,0402, 535

8, 86021, 606

0

3.556,094738,384

67, 5146,434

714196,512466,182

1,028

17,415

0

368

140,290

1,395,212

702,40871,168

490, 849

708

70142

1211101100

5875315600

118

701555

4812360

(a)

10759

481111

000

000

262,148157,820157,82097,114

91,0270

4, 2651,822

9,72050.986

0r Revised. ^Includes repayments unallocated, pending advices, at end of month. * Less than $500,000.JFor revisions in 1939 data from Commercial and Financial Chronicle, see notes marked "X" on p. 34 of the September 1940 and p. 35 of the March 1941 Survey.{Revised series. For revisions in data on total loans of the Reconstruction Finance Corporation and "other loans and authorizations" published in the Survey prior to

the October 1940 issue, see note marked "f" on p. S-16of the February 1942 Survey,carried into the detail.

Certain comparatively small revisions have been made in the grand total which are not

•New series. National defense data include loans, participations, and purchases of capital stock in corporations created by the Reconstruction Finance Corporation toaid in national defense. The new series on new security issues have been substituted for the data on security registrations. Earlier data will be shown in a subsequent issue.

i Excludes offering of $502,983,000 1% Treasury Notes of SeriesA-1946 which were allotted tc holders of Reconstruction Finance Corporation notes of Series P, maturingNovember 1,1941, and of Commodity Credit Corporation notes of Series E, maturing November 15,1941.Digitized for FRASER




1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary

Febru-ary March ! April

FINANCE—Continued

SECURITIES ISSUED—Continued(Commercial and Financial Chronicle)t— Con.

Securities issued, by type of security—Con.Refunding, total ..thous. of doL

Domestic, total .doCorporate, total.. _ do

Bonds and notes:Long term doShort term.. . do

Preferred stocks. .doCommon stocks. do

Farm loan and other government agen-cies ._ _thous. of doL_

Municipal. State, etc doCorporate securities issued by type of borrower,

total .thous. of dol_New capital, total.. . do

Industrial... . . . .doPublic utilities d o . . . .Railroads do

Refunding, total doIndustrial doPublic utilities doRailroads do

Domestic issues for productive uses (Moody's) :•Total _ mil.ofdol..

Corporate _ doMunicipal, State, etc do

(Bond Buyer)State and municipal issues:

Permanent (long term) thous. of doL.Temporary (short term). . . . .do

COMMODITY MARKETSVolume of trading in grain futures:

Wheat mil.ofbu-.Corn do

SECURITY MARKETSBrokers' Balances (N. Y. S. E. members

carrying 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 and Poor's Corporation:High grade (15 bonds)t—dol. per $100 bond.Medium and lower grade:f

Composite (50 bonds)._ ... do....Industrials (10 bonds) do .Public utilities (20 bonds) do... .Rails (20 bonds) do... .

Defaulted (15 bonds)t do. . .Domestic municipals (15 bonds) do....

V. S. Treasury bondsf 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 . . .doFace value. do.

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

U. S. Government do . . .Other than TJ.S.Govt., total. __do...

Domestic do . . .Foreign do . . .

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

Domestic do.. _Foreign . do . . .

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

Yields:Bond Buyer:

Domestic municipals (20 cities)__.percent.Moody's:

Domestic corporate d o . . .By ratings:

Aaa do . . .Aa do . . .A do . . .Baa do._-

By groups:Industrials do . . .Public utilities doRails do.--

52, 46152,401

5, 807

5,807000

38, 8f07, 855

108, 898103,09275, 96715,125

05,807

05, 275

0

352015

27, 94756,916

226126

502177300238

95. 6497. 4661.16

117.7

98.9107. 4102.287.126. 4

122.1110.7

91,838179,690

80, 772165, 276

156, 658'953

155, 705138,59717,109

61,95658, 8523,105

59. 25857, 3591,899

2.33

3.36

2.853.003.314.27

2.973.133.97

299,269299,269197,102

161, 7570

35,3450

28,30073,867

260,97663,87419,4593,77536,715197,10251,170138,882

0

115,982

54877

622185403262

94.2298.0847.67

117.0

99.«102.4106. 289.421.0

128.2111.4

119,252218,628

100, 577196,932

169, 272948

168,324153,83114,493

55, 53451,2784, 255

52,32250, 2932,029

2.14

3.37

2.812.993.344.32

3.023.133.95

362,066362.066113,390

108, 0870

5, 3030

222, 86025,815

203,85790,46729, 4547,584

51, 235113,39021, 88683.3176, 860

1136350

144, 80681, 995

50453

616186395255

94.8098.6047.79

117.7

99 2103'. 3106.387.921.6129.5111.5

95,055173,215

78.266153,363

149,4261,010

148,416135, 17413, 242

56,15951,9524,20753,23751,2272.010

2.07

3.34

2.772.953.314.31

2.963. 103.95

316,571316,57186, 468

75,7930

10, 525150

215,55314, 550

130,03843,5694, 06810, 55922, 85286,46834, 87545, 593

0

673829

151, 610150, 913

45737

628189

266

95.0498.9247.11

118.7

104.8107.187.823.9

130.4111.7

116,272222, 973

98, 274201, 056

189. 1182. 598

186, 520174, 58811,932

56, 04151,8364, 20553,26051,2791,981

2.07

3.30

2.742.903.264.28

2.903.073.92

111,394111,39474, 427

72, 5300

1,8970

25, 42011, 547

401. 830327,40352, 018238,08523, 30074, 4272,497

71, 6250

30328122

48,269169, 942

53177

628189460262

94.8698. 5848.85

118.5

99.6104. 9107.386.824.9131.0111.1

87, 766160,891

74,506144,101

140,1571,431

138,726127,51511,211

56,10!51.9004,20153. 21751,1652,052

2.08

3.29

2.742.903.244.27

2.903.063.92

209,122209, 122161,391

155,8810

5,398112

26,95520, 776

195,65634,26511,5527,9227,060

161,39122, 782102,09834,837

472522

65,05253, 669

500103

633196396260

94. 7498.2750.79

118.1

98 0105.1107.284.524.4131.2111.1

105, 508177,029

89,563155,537

140,9631,319

139,644127, 57512,069

56, 38752,1924,19553,41851,2872,131

2.02

3.30

2.752 913.244.30

2.883.073.95

167,287167, 28797, Of0

96, 2500

8000

34,82235,415

200,311103,26163,1785, 840

21, 32997,05016,33674, 6584,000

635310

78,47993,123

45493

628186414255

95.2598.7250.75

118.8

99.2105.3107.285.025.1133.0112.0

125,159209, 219

109,888189,947

178,8991,307

177,592163.41314,179

57,85653.6734,18355,10752, 9842,123

1.90

3.27

2.732.873.214.28

2.853.053.93

124,703124,70342, 384

29. 3360

13,0490

31,67550,644

131,81189,42743,57840, 6871,210

42,38416,89021,841

0

614318

60, 722113,655

28274

625195409264

94.8098.3049.83

119.2

99.4105.9107.484.924.8133.4112.4

88, 348161,048

76.382145, 446

140, 7461,470

139. 276125, 69413,582

57,82153,6464,17554,81352, 7322,080

1.93

3.26

2.722.863.194.28

2.853.043.91

95, 58995, 58952, 055

50, 3210

1, 7340

25,10018,435

111,52059,46624,0187.203

27, 74552,05516, 88031,339

0

713437

90,57899, 988

29489

600211368289

94.5096.6956.27

117.5

97.4105.0104.782.421.9125.9110.7

134,712277,038

116,561251, 650

224. 7371,781

222, 95620£, 25117,705

58, 23755,0803, 15755,03463.2571,777

2.24

3.35

2.802.953.274.38

2.943.123.99

151151

478478

82,846

81

1

7560

1200

56,56,18,

18,

508508901

901000

33,77534, 857

170, 03287,18646,15028,1019, 890

82, 846499

82, 1200

1376770

118,505119,070

253154

547219308274

95. 2497.3158. 45

117.5

99.2106.7104.186.924. 1124.4110. 1

125,744256, 089

111,586237, 263

219,9551. 138

218.817206, 14512,672

59, 07655. 9243, 152

56, 26154,4191,842

2.36

3.35

2.832.963.304.29

2.973.133 93

87, 59787, 59739, 209

26,580 i 21.31511,027 | 27,073

74,10955, 209 !24,067 |25,9703,75018,£0112,6266, 275

0

473314

• 46,52638, 277

14077

534203307262

95.1397.1857.40

117.1

99.6106.9104.487.725.6120.1108.9

89,449 i178,409 I

112,294 j73,08540,818 I24,072 i5,660 !

39,209 I6,0C0 i

32, 236 !

0 i

51. 260 |183,744 I

178111

95. 97 :97.98 !58.95 i

116.7 |

98.8 ;106. 1 !101.8 !88. 6 I27. 6 i119.7110.2

-57, 003'6,812

78,643 \ 121. (Tf) ;

165, 002 I 286. 211 j

158,357 ! 263,055 ;944 I 879 '

157,413 ; 262. 176148,551 • 249. H 28,862 I 12,<'.V4

60,53257,411 !3,121 |

57,584 ':55.793 !1,791 !

(ii!. .= 7957, 4713.108

58, 14056, 3C8

2.51 ! 2. :>s

3.35 ! 3.37

3.29 !4.29 i

2.98 |3.15 13.94 I

Hi 4.328] 04, 32818,527

0f)0

H), 5405. 261

115,64197,11496,010

6040

18, 52712,9775, 550

501040

r 61.358'113,745

249148

531 ! 515195 i 195306 ! 300249 l 247

2. 863. 003. 324.30

3.003.173. 94

'Revised. JSee note marked"}" on p. P.-17.tRevised series. For data beginning 1931 on Treasury bond prices, which relate to partially tax-exempt bonds, see table 65, p. 17 of the December 1940 SURVEY.

data for Standard and Poor's bond prices are shown in table 36, p. 19 of the January 1942 SURVEY.*New series. For data on domestic issues for productive uses beginning 1921, see table 34. p. 17 of the September 1940 SURVEY

95. 6397. 5460. 29

117.8

99.3107.1102. 388 426.7

122.1110.5

99. 075202, 862

86, 629186, 165

174.011545

173, 467162,311

11.156

60, 572"7,4063.105

57, 924"6. 0511.872

2.33

3. 34

•I. 983. 304.26

2. 963.133.95

Earlier




1942

May

1941


Octo-ber

Novem-1 Decem-ber i ber

1942

Janu-ary


FINANCE—Continued

SECURITY MARKETS—ContinuedBonds—Continued

Yields—Continued.Standard and Poor's Corporation:

Domestic municipals (15 bonds).—percent..U. S. Treasury bondst .do.

StocksCash dividend payments and rates (Moody's):

Total annual payments at current rates (600companies) mil. of doL.

Number of shares, adjusted millions. _Dividend rate per share (weighted average)

(800cos.)__. _ dollars..Banks (21 cos.) doIndustrials (492 cos.) do . . . .Insurance (21 cos.) doPublic utilities (30 cos.) .doRails (36 cos.) _ do

Prices:Average price of all listed shares (N. Y. S. E.)

Dec. 31, 1924=100..Dow-Jones & Co., Inc. (65 stocks)

dol. per share. .Industrials (30 stocks) . .doPublic utilities (15 stocks) doRails (20 stocks) do . . . .

New York Times (50 stocks) .doIndustrials (25 stocks) doRailroads (25 stocks). .do

Standard and Poor's Corporation:!Combined index (402 stocks). 1935-39=100—

Industrials (354 stocks) _ doCapital goods (116 stocks) .doConsumer's goods (191 stocks) do __

Public utilities (28 stocks) . . . do . . . .Rails (20 stocks) _. .do

Other issues:Banks, N. Y. C. (19 stocks) .. .doFire and marine insurance (18 stocks)

1935-39=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) doRails (25 stocks) do . . . .

Preferred stocks, high-grade (15 stocks),Standard and Poor's Corp.f percent..

Stockholders (Common Stock)

American Tel. & Tel. Co., total number..Foreign do

Pennsylvania R. R. Co., total doForeign do

U. S. Steel Corporation, total doForeign doShares held by brokers percent of total..

2.451.97

1,701.40938.08

1.812.811.792.69

1.66

44.6

33.1298. 4211.6824.2968.30119. 2517. 35

63.264.766.362.957.260.3

62.5

90.6

265, 45512, 625

226,102

7,229

32, 9141,469

6.95.76.74.98.2

4.48

2.141.92

,821.65938.08

1.943.011.932.541.941.57

51.5

39.73116.4417.3028. 2584.71149.0020.42

77.177.379.674.878.970.7

82.9

102.3

384, 46217,618

323, 88513,194

9,661

37, 8151,463

6.44.96.54.36.86.5

4.15

2.081.91

1,823.85938.08

1.943.011.932.591.951.57

54.0

40.95121.5717.6128.1188.29156.0920.48

79. 579.783.976.781.670.9

84.6

105.9

411,01218,052

350,14613, 740

10, 451

39, 6081,463

6.14.56.24.26.56.4

4.15

630,9565,609

1,821.08 1,822.61

206,050,r)81164, 785605

25.30

2.031.90

2.001.94

938.08

1.943.011.932.591.921.56

56.7

43.01127. 5718.4829.6092.24162. 5721.92

83.284.288.480.281.873.8

89.0

111.9

611,46429,073

522, 47522, 226

17, 871

41, 6541,463

5.84.55.84.06.45.9

4.05

938.08

1.943.011.932.591.921.56

56.5

42.99126.6718.5030.1991.32160.3322.36

83.284.388.081.281.074.4

88.4

115.4

415,08822, 087

346, 22715,858

10,875

41,4721,464

5.94.65.9

6.0

4.02

1.991.94

, 828.35938.08

1.953.011.942.591.911.58

55.9

42.90127.3518. 6229.2890.91160.0821.74

83.684.887.882.981.372.6

87.6

115.6

512,75024,682

426,83918,021

13,545

40,9841,463

5.94.65.93.96.56.3

4.04

632,2935,481

1.911.88

1,840.31

205,7241, f 35

164, 2622, £9025. CO

1.962.991.972.621.861.58

53.2

41.26121.1817. 6528.5487.37153. 7121.04

80.481.682.279.078.570.3

84.9

114.0

493, 76024, 724

413,34118, 512

13,137

39, 0571,465

6.35.06.44.16.66.5

4.07

1.901.85

1,889.13938.08

2.013.002.052.621.821.58

51.6

39.53116.9115.9327.9287.92145. 6620.19

77.478.678.774.274.568.4

78.5

111.5

509,04026, 636

422,42319,099

15,052

37,8821,464

6.85.26.94.16.96.8

4.11

2.251.97

1,927.69938.08

2.052.882.092.691.811.77

48.7

36.92110. 6714.3825.3379.17139.8618.47

71.873.876.367.666.261.0

72.1

106.1

1,085,59962, 676

928,04646,891

36,387

35, 7861,463

7.35.47.34.57.68.2

4.15

633,5885,281

205,0121,447

163,7322,58425.40

2.332.01

1,926.59938.08

2.052.882.092.691.811.77

49.2

37.86111.1114.4128.0177.09133.7720.41

72.674.378.668.866.169.0

73.8

107.6

512, 50328,359

466,93222,236

12,994

36,2281,467

7.25.37.44.57.67.2

4.21

2. 552.09

1, 857. 45938. 08

1.982.881.992.691.811.77

47.8

36. 79107. 2813.8327.8574.46128. 6720.26

69.971.074.866.264.568.4

70.9

101.7

296, 40814,018

251,18710,610

7,926

35,2341,467

7.15.67.24.67.77.4

4.24

2.582.00

1, 850.15938. 08

1.972.811.982.691.801.77

44.5

34. 54101. 6212.1526.0969.17119. 6518.69

66.067.270.863.960.565.0

62.6

95.9

341, 23016, 391

287, 78512,175

8,580

32, 8441,469

6.07.75.08.58.2

4.38

637,0205,230

205,3041, 409

164, 013

2.441.98

1, 805. 62938.08

1.922.811.932.691.771.77

42.6

32. 9297. 7911.0624. 5667. 52117.4517. 59

63. 364.867.861.856. 561.1

60.4

89.5

272,889' 13, 613

226, 18710, 079

7, 589

31, 4491.469

7.86.1

5! 38.98.3

4.52

2,59624.90

FOREIGN TRADE

INDEXES•

Exports of U. S. merchandise:Quantity 1923-25=100..Value do...Unit value do...

Imports for consumption:Quantity do...Value do...Unit value do...

VALUE•

Exports, total incl. reexports thous. of doL.Exports of U. S. merchandise do

General imports .-doImports for consumption do

147101

1428862

384, 636376, 354296, 930281, 351

1308263

329, 776323, 728279, 536

r 134' 9 5r 71

1328363

358, 649348, 890277,847

261,097 I 264,685

r 159r 119

75

1358664

455, 257438,264282, 513273,898

r 147r 111' 7 6

'1288365

417,139406, 057262, 680265,162

r «225'174

77

92

666, 376647, 462304,127292, 303

- 16312979

1298767

491,818481, 630280, 525276,224

'214171' 8 0

15610668

651,555635,179343, 794338, 272

479473253

14812786

1178069

480537654

256,129

478,474,254,239,

14512888

1077570

531896038456

18916286

1107972

608. 570602, 542272, 287252,050

20418590

957073

681, 979674, 282234,122222, 913

' Revised. % Partially tax-exempt bonds.1 Figure overstated owing to inclusion in October export statistics of an unusually large volume of shipments actually exported in earlier months.

•The publication of detailed foreign trpde statistics has been discontinued for the duration of the war, effective with October data. Indexes of the volume of foreign trade inagricultural products and data on the value of exports and imports by grand divisions and countries and by economic classes, which have been shown regularly in the Survey,are available through September 1941 in the February 1942 and earlier issues. For revised 1939 data on value of foreign trade see pp. 17 and 18 of the April'1941 issue.

fRevised series Earlier revised data for Standard and Poor's stock prices and preferred stock yields are shown, respectively, in table 37, pp. 20-21 and table 39, p. 22of the January 1942 Survey.




1942

M a y

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


TRANSPORTATION AND COMMUNICATIONS

TRANSPORTATIONExpress Operations

Operating revenue thous. of doL.Operating income .do

Local Transit LinesFares, average, cash ratef cents..Passengers carried! thousands..Operating revenues .thous. of dol..

Class I Steam RailwaysFreight carloadings (Federal Reserve indexes):!

Combined index, unadjusted. _ .1935-39=100..Coal ...doCoke doForest products doGrains and grain products.. ...doLivestock ...doMerchandise, 1. c. 1 doOre do. . . .Miscellaneous ...do

Combined index, adjusted d o —Coal _.__doCoke do. . . .Forest products doGrains and grain products ...doLivestock doMerchandise, 1. c. 1 doOre doMiscellaneous do

Freight-car loadings (A. A. R . ) iTotal cars thousands,.

Coal do....Coke doForest products do—Grains and grain products do—Livestock do—Merchandise, 1. c. 1 do—Ore . . .do. . . .Miscellaneous do—

Freight-car surplus, totalt--- —do—Box carsj do—Coal caret .do.—

Financial operations:Operating revenues, total thous. of dol.

Freight do_...Passenger do....

Operating expenses do—Taxes, joint facility and equip, rents*..do....Net railway operating income do..-.Net income do....Operating results:

Freight carried 1 mile mil. of tons.Revenue per ton-mile cents..Passengers carried lmile millions..

Financial operations, adjusted:*Operating revenues, total mil. of dol..

Freight do.-..Passenger do,..

Railway expenses do....Net railway operating income doNet income --do

7. S0601,034,361

Waterway TrafficCanals:

New York State thous. of short tons__Panama, total thous. of long tons

In U. S. vessels doSt. Lawrence thous. of short tons..Sault Ste. Marie do....Welland do

Rivers:Allegheny doMississippi (Government barges only).doMonongahela .doOhio (Pittsburgh district) do....

Clearances, vessels in foreign trade:Total, IT. S. ports thous. of net tons. _

Foreign doUnited States do....

1381391811619989623031441431641971551159862289142

4,171830

7024517462

492420

1,878704210

601, 002487,982

74, 345375, 440115,933109,628

63. 600

78415,883

1, 516

251

Travel

Operations on scheduled air lines: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

3.26

121

7. 50911, 145

3891,673

11,238153

7. 8061857,679

61, 713

13111716713510782

10227613813513818213012491

102266136

r 4, 160676

6420518457

795387

1,792723417

442, 286370,903

37, 493296, 590r 57, 591r 88,104

43,137

43, 398.932

2,140

438.6365.240.9

345. 693.050.1

6101,9891,133

90015,1531,716

310214

2,9711,727

5,7293, 5792,149

11, 6681,462,121

363, 954133, 979

3.1370

106

12,4099,5021,5244,2684, 362

10, 83974

7. 8144809,340

58, 873

136131170141123

6910126514113915618913612688

102152139

3,510642

5417517239

638301

1,490713417

455,023377, 53444,832

298,93262, 82993, 26152, 800

44, 036.927

2,564

473. 5398.243.3

363.4110.167.8

6241,585

8871,001

14, 6731,895

320250

2,8331,785

6,0743,9572,117

11,4721,544,111380,990141,906

3.3066

107

13, 20317, 2771,6766,0024,878

10, 87478

7.8144792, 539

57, 839

138127172149163

7099

28313913815020014911283

100156140

3,4135785317423038603313

1,425672720

485, 446405, 50347, 402310,03569,097106,31563, 528

46, 067.9472,756

470.9395.142.3370.5100.457.3

7201,659910

1,04315,5111,960

330270

2,8621,781

6,7164, 5842,132

12,1541,822,217398,434147,419

3.2964103

13,49110, 739

8533.0835,673

10, 92680

7.8144793, 57058,463

14013916716012580992711411391581991521038499155141

4,4648406624822455784386

1,861471911

493, 674410,21349, 773313,84368,513111,31865, 500

49, 237.902

2, 936

485.4407.744.4374.4111.065.2

1557

1, 366818975

15, 2351,858

352265

3,1051,771

6,6464,4182,229

12,4721,842,858447, 316158,068

3.5668115

14,61313, 718

7293, 3595, 734

11,942

7. 8005828, 576

59, 865

1451401721491221111022611501301331761381118497149135

3,5396525217616759

618286

1,529411510

488,979411,24143, 521312, 28772, 622104, 07059, 324

47, 616.9282,527

464.1389.541.6

379.484.742.1

5071,481719944

14, 4011,620

326211

2,4921,691

6,0113,9782,033

12,1271,962,284455, 647158,151

3.5269

'108

11,32811,807

6123,9114,687

12,143101

7.8005895,99164, 603

144138165147104146101232151127121165140979597178133

3,6586755318414982641271

1,603421810

517,605440,12242, 231361, 50262. 44693, 65753, 676

51,135.9222,397

452.6375.944.1403.249.410.5

7001,719882948

13, 9231,688

332251

2,8631,759

6,0724,0402,031

12, 2001,760,770420, 393150,920

3.5571108

11,6689,942714

2,1884,331

11,90495

7.8005856, 77361, 671

141135168143115117101199150135121159146118

204144

4, 3187906421419482768277

1,929612818

457,012385, 24140,519335, 61452, 63368, 76529, 226

46,032.9042,299

476.0398.745.1

403.172.933.1

5341,546818774

12, 2231,466

230240

2,2061,374

11,5011,689,093324, 546115, 825

3.6169114

8,9918,748945

2,2565,177

14,051131

7. 8005941, 92468,133

128125182129113979669138137111167145124101100246149

3,046575541531555358277

1,396752732

479, 560389,22353, 868352, 53246, 48080, 54955, 492

44,545.9433,055

486.2403.2

49.4409.8

76.436.6

01,28353836

2,137369

244119

2,9921,711

10, 8552,385,786298, 680111, 077

3.3961103

10, 79911,339

6862,5814,549

11,80979

7. 8005946,31568, 637

1291361841401259593461341401191531561429997186152

3, 858797712082126571165

1,729602222

480, 691392, 57155, 697348,78162,94468, 96626,130

46,666.9143,078

495.3406.6

53.6413.1

82.340.0

000

17781

2,7531,453

11,1272,531,162300, 900113,135

3.4071107

9,4567,871408

1,9545,145

11, 58290

7. 8033885,12865,004

12913218415311076964713513911615015913195100187151

3,123629571851544259752

1,407592220

462, 486377, 593

54, 746327, 653

68, 34766, 48623, 716

44,109.926

2,895

518. 9423.9

60.1420.398.657.7

000

16765

2,7621,410

9, 9792,169,543286,435104, 220

3.3970

101

6,7235,754

4481,9245,790

11,976

7. 80331,003,196

72, 561

129125175149102779273

1391361221681491199792

282143

3,171610

5518414643

58472

1, 477582317

540,118445, 490

59,106360, 011

87, 74992, 359

r 46, 888

51, 853.924

3,070

'541 .7r 443. 0

63.0' 445. 7

96.152.4

12,13479

7. 80601,004,698

72, 668

1361351761591009081

21814214316020015911710180

267141

3,351645

5619614150

525235

1,503562812

572, 531468, 007

66, 116366 756103,741102,034

57, 900

49,997.937

3,427

584. 2474.8

71.3471. .r>112.7

0

100

11,3522,560, 255

371, 398139, 061

3. 3070

100

8,74510, 222

5321, 5605,523

38610,216

1,025

206

3.6471

121

7,2986,807

4621,699

Data for May, August, November 1941, January and May 1942 are for 5 weeks; other months, 4 weeks,d t fiil ti f il b i i 1921 i t b l 33 16 f h S b es and joint

fReise s e e s e g g ; p y ey. asengers carried revised to cover data for 188 companies. Data for1940 on the revised basis differ only slightly from those shown in table 13, p. 8 of the March 1941 Survey. Revised indexes of freight carloadings beginning 1919 appear in table23, pp. 21-22 of the August 1941 Survey.

^Beginning June 1941, data represent daily average for week ended on the last Saturday of the month; earlier data, daily average for last 8 or 9 days of the month.• Data have been discontinued for the duration of the war.Digitized for FRASER




1942

M a y

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


TRANSPORTATION AND COMMUNICATIONS—Continued

TRANSPORTATION—ContinuedTravel—Continued

National parks:Visitors number..Automobiles - . . . 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:!Operating revenues, totalf thous. of dol__

Telegraph carriers, total doWestern Union Telegraph Co., revenues

from cable operations thous. of dol..C able carriers do

Operating expensesf doOperating incomef doNet incomet do

Radiotelegraph carriers, operating revenuesthous, of doL.

137,18741,186

328,012100, 338

714,0124,389

119,93375, 70934, 78377, 57620,16420,366

12,85011,830

5141,020

10, 6911,330

873

678,071173,139

897,6145,145

120,11375, £2435,07276, 62621,03720,443

12, 72811,731

99710,516

637267

1,354 I 1,337

1,029,648292,273

825,8394,880

120,11674,85835, 54380, 32918, 55420, 535

12,87511,734

5511,141

10, 965966513

1,386

1,112,293302,025

850,3485,074

119,22474,23635, 26677, 93419, 55320, 657

12, 67411,616

1,05810, 7581,065

568

1,264

430, 608132, 359

797,4C84,857

121,25976,47035,02979,15920,47720,817

12,55511,461

5181,094

10,830782401

1,205

253,48978,112

840,9255,138

124,00078,70035, 36882,05220,16520,954

12,56611,493

5531,073

10,809784316

1,316

129,89039, 383

763, 6244,776

119,81877,29232, 52679, 65119, 64521,067

11,58310,436

5331,147

10,276390

1,197

59,81218,152

1,017,6165,608

128,99380, 22937, 78287,30732, 53221,206

15,44814,089

7341,359

12, 0032,2151,488

1,442

60, 76717,477

1,273,8226,929

128,25779,97437,44182, 93521,16621,362

12, 73211, 563

6201,169

11,05458561

1,163

59, 33816,821

1,208,1626,421

123, 86077, 77134,96179, 41421,30721,481

11,69710, 724

565972

10, 246465

1,092

60,80817, 760

1,288,8586,935

130,34779,69839,47184,36521,64721,595

13,07411, 940

1,13410,889

918480

915

94,19228, 203

1,380,2557,784

131, 72780, 26440, 20784,37221,59621.. 702

13, 58712, 553

6611, 035

11,1881,088

572

1,032

CHEMICALS AND ALLIED PRODUCTS

CHEMICALSAlcohol, denatured:

Consumption. thous. of wine gal..Production doStocks, 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:

Natural (N. Y.) dol. per gal_.Synthetic, pure, f. o. b. works* do

Production:Crude (wood distilled) thous. of gal..Synthetic do

Explosives shipments thous of lbSulphur production (quarterly):

Tjonisiana, Ions tons

Sulfuric acid:1Price, wholesale, 66°, at works

dol. per short ton..FERTILIZERS

Consumption, Southern Statesthous. of short tcns_.

Exports, tot'il§ long tonsNitrogenous§ doPhosphate materials§ doPrepared fertilizers do

Imports, total§ doNitrogenous, total . _ _ . do

Nitrate of soda doPhosphates . . . doPotash § do

Price, wholesale, nitrate of soda, 95 percent(N. Y.) dol. per cwt__

Potash deliveries short tons..Superphosphate (bulk):

Production _ _ doShipments to consumers doStocks, end of month do

NAVAL STORESRosin, gum:

Price, wholesale "H" (Savannah), bulkfdol. per 100 1b..

Receipts, net, 3 ports bbl. (500 lb.)_.Stocks, 3 ports end of month do

Turpentine, 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, including fish oils (quarterly):|

Animal fats:Consumption, factory thous. of lb._Production doStocks end of quarter do

Greases:Consumption factory doProduction doStocks, end of quarter do

.58

.28

40, 545

16.50

287

1.50329, 714

2.82

.61

14,88914, 714

1,329

29,65110, COO26, 555

3,012

48, 580

.34

.30

4664,423

37,891

16.50

' 2 5 781, 971

6, C1474, 082

31799, 67370,03642.134

1,1941,512

1.47013, 232

419.411165, 359770, 723

1.8735, 635

490,186

.438,198

27, 318

15,61415, 678

1,095

32, 22410,39227,8303,224

16,668

.39

.30

4364, 663

39,460

330 090577,384

16.50

10466,65111,68848, 265

2,31174,43962,84027,341

3038,307

1.47058, 228

373,86468, 813

808, 741

1.883], 069

483, 751

.4210,06431,978

337,010644,024684 475

126,155127,989116,452

15,03515, 2421,293

33, 0217,108

27, 5642,838

21,fO5

.44

.30

4174,725

41,273

16. 50

58164, 695

15,675141, 557

20133,63832, 59116,350

253

1.47041,094

383,49952,317

914,302

2.1333, 706

461,157

.478,482

35, 617

15, 26415,065

1,089

34,29910,11727,3273,071

7,545

.44

.30

450R. 006

41,363

16.50

71295,885

17,783270,646

40769,09667, 40632,148

45720

1.47048,882

379, 26765,150

978,014

2.4529,886

428,945

.6710,06634, 339

17,10016,908

861

35,7576,491

30,4333,435

9,340

.44

.29

4875, 085

43,676

129,365670,063

16.50

134136, 503

13,196105,919

2,879118,139108, 75967, 594

7805,951

1.49439, 943

364, 505130, 906

1,022,410

2.4929, 282

419,979

.7610, 75536, 669

338,647585, 293504,968

121,155124.006103, 068

18,30218,185

740

36,3937,143

32,6042,555

(-)

.54

.28

5025,416

42, 629

16.50

168(°)(°)(•)

(•)(a)(fl)(a)

1.50356,039

413,240129, 293

1,051,966

2.4424, 526

372, 983

.7810,94226, 389

16,97716,965

724

37, 5418,038

30, 3712,505

.54

.28

529R, 104

37,486

16. 50

186

1.50353, 646

419,94687, 581

1,050,633

2.6434,516

297,168

.765,999

18, 955

(b)(b)(»)

COCO(6)<b)

.58

.28

5575, 663

38,879

135, 285802, 576

16.50

267

1.50359,897

487, 55880,113

1,049,268

2.8934, 637

270, 383

.7312, 23115, 676

350, 722761,446461, 497

118,673140,991105,815

.58

.28

(»)(b)

36, 720

16.50

1,030

1.50357,113

487,16477, 725

1,082,860

3.1630,214

269, 496

.766,357

26, 594

.58

.28

37, 681

16. 50

1,003

1.50351,402

457, 302146, 846

1,017,847

3.2219,862

257, 926

.761,127

20, 496

.58

.28

36,453

110,115725, 579

16.50

1,060

1.50356,386

480,018204,855911,507

3.063,733

250,110

.73784

16, 675

395, 967776, 542445,114

125,047140,105100,330

.58. 28

41,045

16.50

678

1.50344. 994

431, 634254, 239730,135

2.8916,353

239, 817

.654,550

17,010



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

1943

M a y

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


CHEMICALS AND ALLIED PRODUCTS—Continued

OILS, FATS, AND BYPRODUCTS—Con.

Animal, including fish oils, quarterly {—Con.Fish oils:

Consumption, factory thous. of lb. .Production doStocks, end of quarter do

Vegetable oils, total:Consumption, crude, factory (quarterly) t

mil* of ibExports thous. oflb..Imports total § do

Paint oils f doAll other vegetable oils f do

Production (quarterly) t mil oflbStocks, end of quarter: X

Crude doRefined do

Copra:Consumption, factory (quarterly) {.short tons.Imports doStocks, end of quarter X do

Coconut or copra oil:Consumption, factory:

Crude (quarterly) X thous of lbRefined (quarterly) X do

In oleomargarine doImports § doProduction (quarterly): X

Crude doRefined do

Stocks, end of quarter: XCrude doRefined do

Cottonseed:Consumption (crush)-.-thous. of short tons.-Receipts at mills . do .Stocks at mills, end of month do

Cottonseed cake and meal:ExDortsS short tonsProduction . do -Stocks at mills, end of month.. do

Cottonseed oil, crude:Production thous. of lbStocks, end of month _ do

Cottonseed oil, refined:Consumption, factory (quarterly) $ do

In oleomargarine doPrice, wholesale, summer, yellow, prime

(N. Y.) dol. per lb . .Production thous. of lb . .Stocks, end of month do

Flaxseed:|g Imports thous. of bu

Minneapolis:Receipts doShipments - . _ . doStocks do

Duluth:Receipts _ doShipments . . . _ do .Stocks do

Oil mills (quarterly):Consumption $ doStocks, end of quarter do

Price, wholesale, No. 1 (Mpls.)-.dol. per bu. .Production (crop estimate1* thous. of bu

Linseed cake and meal:Exports§ thous. of lb_.Shipments from Minneapolis do -

Linseed oil:Consumption, factory (quarterly)J doPrice, wholesale (N. Y.) dol. per lb —Production (quarterly) . . . _ _ thous. of lbShipments from Minneapolis doStocks at factory, end of quarter^ do

Soybeans:* '%Consumption (quarterly) thous of buPrice, wholesale, No. 2, yellow (Chicago)

dol. per bu__Production (crop estimate) thous of buStocks, end of quarter do

Soybean oil:*Consumption, refined (quarterly)

"^1 thous. oflbPriced/wholesale, refined, domestic (N. Y.)

dol. per lb- .Production (quarterly): *

Crude thous. of lb._Refined do

Stocks, end of quarter:Crude doRafined do

Oleomargarine:Consumption (tax-pai d withdrawals)©.doPrice, (wholesale, standar d, uncolored (Chi-

cago) _ dol. per lb . .Production©..... -_.,thous.-'oflb—

(c)

14421

177

62, 361286,844

47,05880, 989

10,235

.14171, 502

394, 589

58590

1,078

56455527

2.58

25,840

.141

30,000

1.80

.135

23, 079

.15027,600

11,01759, 55910, 85648, 703

26, 872

1,46828, 273

18551

267

2184, 306

254, 729

65, 53894, 710

11,444

.10596, 635

423, 397

1,177

721140

2,299

178416381

1.87

81320, 240

.108

20, 300

1.32

.104

26,857

.13027,695

54, 5546,271

123, 661

1,02711,43753,0878,596

44,491762

660497

64,55024, 94328,109

184,11868, 9041,435

26,884

81,05490, 962

176, 38115,064

12144

190

11452,976

224, 275

42, 97851, 961

402, 72010,816

.11576, 620

372, 756

866

805185

1,885

165310236

9,3863,501

1.87

39222, 360

143,100.108

183, 30921,050

150,936

15,873

1.39

8,481

104,210

.114

141,584126,301

34,90940,589

25,719

.13325,089

4,72969, 61513, 32256, 293

17, 259

2,47430, 973

7919

131

135, 503

164,444

26, 28829, 708

11,413

.11849, 627

294,005

1,051

722161

1,107

219207247

1.92

90729, 280

.113

24,300

1.50

.120

25,909

.14027,365

7,18594,756

7,12087, 636

25, 487

2,42146, 369

107105129

5346,186

131, 618

33, 77932,107

10,131

.11932,828

234, 242

1,139

8,323297

3,864

348109485

1.89

91432,120

.112

21, 500

1.57

.114

25,174

.14024,803

50, 01883,140

162, 659

7887,428

93,2215, 767

87, 453723

700300

56, 40333, 76636,413

187. 30273, 9833,574

44, 695

70,44493, 710

186, 29016, 994

4191,040

749

102180, 929174,385

129, 49979, 584

317, 27312, 525

.13663, 536

178, 724

1,853

3,682412

4,773

1,252319

1,418

12,17512, 385

1.99

1,74045,840

141,913.114

236, 74421, 900

161, 255

13,175

1.83

690

90,803

.124

115,68696,951

29,66636,120

33,095

.14033,124

(6)(b)(b)(6)

(b)

4,680(6)

6691,2641,344

(b)294,821291,815

208, 538133, 228

13,708

.129143, 761203,544

(»)

1,777120

4,714

1,000481

1,937

1.87

37,400

.108

21, 350

1.58

.125

33,932

.14034,060

4,198

586679

1, 437

255, 608356,670

178, 276159, 259

14,650

.124142, 251273,448

74267

4,443

192438

1, 691

1.84

34, 360

.101

15, 750

1.60

.121

32,147

.14032, 503

54, 51381, 685

189, 916

1,106

1,205

902450

64, 993

33, 789

184, 73779,0284,153

80,36697, 464

178,46316, 248

505361

1,293

222, 533380, 366

154,450169,998

287,06114,129

.131136,112314, 330

662101

3,897

180467

1,404

13,06512, 557

2.00•31,485

53, 760

146,147.108

251, 72317,950

198, 579

19,232

1.67106,71219,431

98,205

.126

177,217108,850

68,45041,846

33,754

.14534,638

:::::: 1

2,146 728

j

474218

1, 037

206, 817370,564

146, 676181, 533

14, 427

.137119,437322, 972

1,292311

3,430

1736

1,386

2.23

51,840

.113

22, 000

1.83

.132

35, 848

.15435, 071

413144768

176,833372,208

128,843170,913

14,738

.139130,622351,683

704141

3,105

3249

1,067

2.33

37,640

.119

22,250

1.95

.135

31, 767

.15332, 541

50,1767,128

171,398

1,048

1,018

895513

36,158

(a)

113,64349, 437

481

45, 39265, 972

135, 79015,131

31752

503

139, 742338, 711

101, 526137,975

292,88213, 837

.140127, 442389,010

708154

2,634

546

1,026

13 4258,477

2.60

34, 400

153, 620.133

258 72022, 400

235, 897

9Q 500

1.86

19, 907

118, 285

.135

188 805151,998

86 23156, 639

29, 721

.15030, 768

136

22422

301

97,180311,403

72, 671105, 714

11,883

.140100, 548402. 540

490144

2,120

4105925

2.62

28, 880

.141

23, 600

1.83

.135

26, 759

.15028, 641

« Not shown separately. * Dec. 1 estimate. * Publication of detailed foreign trade statistics has been discontinued for the duration of the wan§Data revised for 1939; fo r exports, see table 14, p. 17, and for imports, table 15, p. 18, of the April 1941 Survey. c Less than 500 pounds.{Revisions for quarters o f 1940 not shown in the December 1941 Survey will be shown in a subsequent issue.•New series. Earlier da ta for the series on soybeans and soybean oil will be shown in a subsequent issue.fRevised series. The series on imports of paint oils and all other vegetable oils have been revised to exclude data for oiticica oil from "all other"|[\vhere they have been

included and include them with paint oils. Earlier data are available on request. The revision does not affect the total imports of vegetable oils.© Data revised beginning July 1939, see note marked " t " on p. 40 of the April 1941 Survey.




1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


CHEMICALS AND ALLIED PRODUCTS—Continued

OILS, FATS, AND BYPRODUCTS-Con.

Shortenings and compounds:" Production thous of lb.Stocks, end of quarter do___Vegetable, price, wholesale, tierces (Chicago)

PAINT SALES dol. per lb.

Calcimines, plastic and cold-water paints:Calcimines thous. of doLPlastic paints do. . .Cold-water paints:

In dry form do___In paste form do

Paint, varnish, lacquer, and fillers:tTotal. . do.. .

Classified, total do_._Industrial do._.Trade do_._

Unclassified do. . .

CELLULOSE PLASTIC PRODUCTS

Nitro-cellulose, sheets, rods, and tubes:Consumption in reporting company plants

thous. of lb_Production do_Shipment so" do__.

Cellulose-acetate:Sheets, rods, and tubes:©

Consumption in reporting companyplants thous of lb .

Production. . . d o . . .Shipments©" d o . . .

Moulding composition:Production d o . . .Shipments! d o . . .

ROOFING

Asphalt prepared roofing, shipments:Total . . . thous . of squares.

Grit roll . d o . . .Shingles (all types) do__.Smooth roll d o . . .

.170

49, 20444,14118,14026,0005,064

1861,2961,305

53465483

3,1793,054

.124

233

289513

58,41353,06220, 54432, 518

5, 351

2151,3721.315

14524472

2,3192,146

3,753987

1,5641,202

410,38245,967

.133

20253

262392

54,33649,07221,02228,0495,265

2421,3871,475

18513523

2,4572,264

3,570981

1,4361,153

.143

17851

246389

48, 98044,40720,13324,275

4,573

2291,3091,353

14507541

2,4672,346

4,0621,1781,5491,334

.145

183

57

224359

48,64744,14020, 24723,8934,506

2431,4371,510

17573580

2,6702,506

3,9811,1571,5431,281

327, 615

50,474

.153

19567

279462

50,36345,33419, 70925, 6255,029

2841,4791,565

19585622

2,9912,813

4,1461,2271, 5351,385

.156

171

253471

51,13846,17821,45424, 7244,960

2521,5211,630

21630723

3,4393,453

4,7371,3451,7241,668

16140

210

278

41,36837, 53118, 72718,8043,837

2681,4831,569

22558624

2,9792,777

3,8251,0701,3151,441

315, 70753,351

.156

21747

175

41, 70837,86119,20018,6613,848

1,4851,658

23501550

3,3973,165

3,033813955

1,265

.164

19046

185

428

47,04442,03219,19022,8425,012

2721,6181,755

24585542

3,7893,597

2,743675761

1,307

.165

17236

196323

45,17639,74517,61922,1265,431

2511,3771,545

33567504

3,4783,225

3,085782862

1,441

329, 86760, 790

.165

16243

' 183412

48, 07042, 61718, 89823,7195,453

2421, 4341,394

22519486

3,6443,444

3,692969

1,132r 1, 592

.170

16151

261466

50, 53044, 84919, 00925, 8405,681

2451,4151,526

50

568

3,6073,461

4,1981,1781,5111,509

ELECTRIC POWER AND GAS

ELECTRIC POWER

Production, to ta l* mil. of kw.-hrBy source:

Fuel doWater power do

By type of producer:Privately and municipally owned electric

utilities . _ mil. of kw.-hr_.Other producers do

Sales to ultimate customers, total f (EdisonElectric Insti tute). mil. of kw.-hr_.

Residontial or domestic doEur^l (distinct rural rates) doCommercial and industrial:

Small light and power doLarge lieht and power ._.do

Street and highway lighting doOther public authorities doRailways and railroads doInterdepartmental. do

Revenue fn m sales to ultimate customersf(Edison Electric Institute) thous. of doL.

GASManufactured gas:f

Customers, total . thousands..Domestic . doHouse heating. . ___.doIndustrial and commercial-.-- do

Sales to c< nsumers, total mil. of cu. ft_-I)<ni«stie . doIlf use heating. . . . . . . . doIndustrial and commercial . .do

Re\enue from sales to consumers, totalthous. of dol__

Domestic. doIleu^e heating „ doItKirstrial and commercial .do

Natural pas tCuston ers, total thousands..

Donesiic . . . . . . doIi dustUHl and commercial do

Sales to consumers, total. . . . .> .mi l . of cu. ft_.Domestic . . . doInri'l , rom'l., and elec. generation do

Revenue from sales to consumers, totalthous. of dol__

Domestic doInd'l., com'l., and elec. generation.. .do

14,988

9,6305,358

13, 3261,662

' 13,622

' 9, 367' 4, 255

' 12, 203' 1, 420

11,1261,903

155

1,9126,234

14624348250

210,134

10,4169,631

305468

32,91916, 7404,286

11,692

32, 03222, 4342,5116, 961

7,8497, 268

578119,95528,81489,014

38, 63520,59318,062

• 13, 674

' 9, 616' 4, 058

' 12,282' 1, 393

11, 3461,909

231

1,9806,346

13824046140

214, 329

10,265 |9,492 \

293 !469 j

30,496 !17,011 |2,165

11,151

30,62322,2111.6346,676

7,8237,271

5£0110,42021,03987,003

33, 66216, 32717,059

r 14, 323

' 9, 862' 4, 461

' 12, 822'1 ,501

11,6841,927

283

2,0456,479

140247472

41

217,827

10, 2969,533

283468

27,84915,613

1,34910, 696

28,30320, 731

1, 0796,401

7,8687,311

553110,163

18,25989, 791

31,92014,45817,115

' 14, 565

' 10, 628' 3, 937

' 13, 094r 1, 471

12,0871, 9f;9

329

2,1316,730

15425947340

223, 515

10,3209,555

283470

27,09115,1091,108

10, 718

27, 80220, 3C0

9236,411

7,8827,334

545110,666

16,79291,328

31,41713,53417, £40

' 14, 364

' 10, 364r 4, COO

'12,862' 1, 501

12,1462,031

297

2,1206,771

170251467

40

226, 043

10, 4029,619

308466

29,21016, 746

1,20311,079

29,88722, C03

1,1186,657

7, 9427, 3S2

548115,379

17,81294,873

32,13113,83617,973

'15,246

'11,041r 4, 205

' 13, 687' 1, 559

12, 3802,092

226

2,1006,951

193275501

42

228, 884

10,4179,617

333456

31,84517,4622,402

11,747

31,85422, 712

1,9417,063

8,0127,444

565127,179

22, 400102,073

36, 73916,88319,528

' 14,491

' 10, 402' 4, 089

' 13, 056' 1, 435

12,3082,266

170

2,1636,672

206281503

47

234,153

10, 4289,618

351450

35, 72415,8797,491

12,086

33,69221,908

4,2487,373

8,1747,554

617143, 343

36, 976103, 639

46,46124,65521,433

' 15, 651

'11.156' 4, 495

' 14, 224' 1, 427

12, 7682,393

148

2,1896,882

22430156963

239,611

10,4749,646

367451

39,89216,20010,75212,618

36,10722,042

6,1917,693

8,2157,585

628160, 93750,694

107,125

56,12432, 24223,448

15,646

11,0504,595

14,1101,536

13, 2422, 673

145

2, 4506,777

217307597

76

250, 526

10,4349,616

344465

43, 70518, 26812,29412, 796

38,68023,0167,7287,739

8,1717,554

614178,01-867, 790

107, 521

67, 66542,00025, 241

14,102

9,6644,438

12,6121,491

12, 5722,405

156

2,3036,560

18730655074

237, 957

10, 4829, 651

359463

42, 35717,67211,91712, 425

37, 75921,9247,9607,684

8,1837, 572

609174, 38962, 485

108, 679

63, 76038, 43324, 816

15, 053

9,4385,615

13, 3221,731

12, 5582,244

168

2,1996,828

181306560

72

230, 766

10,4549, 626

343471

41, 29617, 62910,22413,129

36, 52621, 663

6, 9377,734

8,2307,610

618171,97961, 451

107, 491

61, 84837, 31221. 901

' 14, 588

' 8,979'5 ,609

12, 949' 1, 639

12, 5362,139

206

2,1566, 988

15829452569

227, 610

• Revised.cf Includes consumption in reporting company plants. JExcludes consumption in reporting company plants.• Monthly data for 1920-39, corresponding to averages shown on p. 97 of the 1940 Supplement, appear in table 28, pp. 17 and 18 of the December 1940 Survey; revised data

for all months of 1940 are shown on p. 41 of the June 1941 Survey; revisions for 1941 not shown above will be shown in a subsequent issue.©Data do not include cellulose acetate safety glass sheets.+Pe vised series. Manufactured and natural gas revised beginning January 1929; earlier data will appear in a subsequent issue. Revised electric-power sales and revenue

from sales beginning 1937 will be shown in a subsequent issue. Data on sales of paint, varnish, lacquer,, and fillers cover 680 companies and replace the series for 579 companiespreviously shown in the Survey; earlier data are shown in table 14, p. 26.

4 6 8 8 0 8 — 4 2 — 4


S-24Monthly 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

SURVEY OF1942

M a y

CURRENT BUSINESS1941


Octo-ber

Novem-ber

Decem-ber

July 1942

1942

Janu-ary


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 doImports -thous of proof gal..Stocks thous. of tax gaL.

Whisky:Production.. doTax-paid withdrawals doImports thous. of proof gaL.Stocks. thous. of tax gaL.

Rectified spirits and wines, production, totalthous. of proof gaL.

Whisky.. do. . . .Indicated comsumption for beverage purposes:

All spirits thous. of proof gaL.Whisky do

Still wines:Production thous. of wine gal..Tax-paid withdrawals— doImports doStocks --- do

Sparkling wines:Production _ d o —Tax-paid withdrawals doImports doStocks do

DAIRY PRODUCTS

Butter, creamery:Consumption, apparentf thous. of lb_.Price, wholesale, 92-score (N. Y.).dol. per lb._Production (factory)t thous. of lb..Receipts, 5 markets d o —Stocks, cold storage, end of month do

Cheese:Consumption, apparent! d o —Imports§ d o —Price, wholesale, No. 1 American (N. Y.)

dol. per lb..Production, total (factory)t thous. of lb..

American whole milkf doReceipts (American), 5 markets do....Stocks, cold storage, end of month do

American whole milk d o —Condensed and evaporated milk:

Exports: §Condensed (sweetened) ..doEvaporated (unsweetened)... d o —

Prices, wholesale (N. Y.):Condensed (sweetened) dol. per case..E vaporated (unsweetened) do

Production, case goods:tCondensed (sweetened) thous. of lb_.Evaporated (unsweetened)... d o —

Stocks, manufacturers', case goods, end of mo.:Condensed (sweetened) thous. of lb_.Evaporated (unsweetened) d o —

Fluid milk:Consumption in oleomargarine do. . .Price dealers', standard grade.dol. per 100 lb.Production (Minneapolis and St. Paul)

thous. of lb.Receipts:

Boston... thous. of qt.Greater New York do. . .

Powdered milk:Exports thous. of lb.Production! do. . .Stocks, manufacturers', end of month.-do...

FRUITS AND VEGETABLES

Apples:Production (crop estimate)^ thous. of bu.Shipments, carlot no. of carloads..Stocks, cold storage, end of mo.-thous. of bu_.

Citrus fruits, carlot shipments.no. of carloads..Onions, rarlot shipments doPotatoes, white:

Price, wholesale (N. Y.1 dol. per 1001b..Production (crop estimate) thous. of bu_.Shipments, carlot no. of carloads.

GRAINS AND GRAIN PRODUCTS

6,1425,9788,835

& 8,1379,283

'543, 094

6,9705,968

521, 033

4,6213,907

.38204. 955

71, 55464, 797

.23136, 280114, 745

18, 066223, 223195, 999

5.903.75

4,356440, 682

8,178294, 579

4,9192.75

49, 032

24, 321

82, 00060, 595

1,8401, 259

19, 3124,672

2. 644

21,016

Expor ts , principal grains, including flour andmeal§ t h ° u s . of bu._

Barloy:Exports, including malt§ doPrices, wholesale (Minneapolis):

No. 2, malting dol. per bu_-No. 3, straight do

Production (crop estimate) thous. of bu_-Reoeipts, principal markets do 6,064Stocks, commercial, end of mo do I 4, 541

5,8445.3858,848

14, 7329,7221,535

549,979

12,0257,5311,448

503,040

5,1954,224

13, 51511,641

1,3657,270

158128,003

15152

7744

179,332.36

218,11874,36656, 792

82, 5682,114

.2198,210'81,16216,139119, 718102,869

8,29219,366

5.003.43

10,130350,495

10, 327173,838

5,1012.27

49, 501

22, 480132,704

2,27762, 50036,676

' 2, 7162,316

• 19, 965

'2,805

1.700: 22," 696

5,983

263

.58

.54

9,5984,726

6,1265,6789,038

12, 5219,281860

551,424

9,5607,210788

504,081

5,3934,348

12,69810, 724

1,6367,843

125117, 887

119

794

150,124.36

213, 56878,217

120, 246

70, 2891,437

.22105,61086, 22321, 551142, 369121,064

7,33343,383

5.403.45

9,745331,285

10, 009189, 711

4,6272.29

42, 475

22,179132, 294

7,00554,90037, 231

'9400

r 15,164'2,094

2.363

'~19,~889

3,330

232

.56

.52

7,8384,931

6,5546,2689,026

11,0758,992

727551,435

7,7646,606653

503, 567

5,4154,321

12, 24810,084

2,6637,580169

111, 570

95615

811

138,545.35

196, 97073, 993178,493

57,1302,094

.2495,10077,86122, 212168,420139, 568

7,11160,153

5.48-3.60

9,923297,981

9,783261, 559

4,9192.32

35,932

22, 769131,958

6,33643,60034,108

'6810

• 12,484'1,039

1.970

'13," 897

4,042

178

.51

.45

6,0285,471

5,9136,0558,605

9,88110,092

855549,275

6.5717,104777

501, 587

5,7894,807

13,02811,017

9,3757,018

90106,377

714

817

150, 745.36

172, 54560,942200,228

66,4961,758

.2487, 51071, 51815,634

184, 940151,906

8,86540, 687

5.803.70

9,793291,714

10, 494289,904

4,5822.40

30, 658

22,027127,050

2,76037, 75031, 705

'4980

'10,413

' 1, 706

1.806

~'8,~393

5,037

574

.55

.51

10,4685,514

5,2915,2408,384

21, 20111,9691,549

547,678

9,4249,2121,423

499,503

5.8714,715

15, 54913, 561

95,88410,123

132136,457

7711211

761

147,036.37

149, 74455,666

202,957

66, 7651,464

.2682, 50066,86118,097188, 337156, 746

6,30045,875

5.563.85

8,017281,147

10,062339,716

6,0442.49

25, 972

21, 895132, 725

4,15535,10026, 975

'5,23610,351'8,236'3,854

1.845

'11,~295

9,116

284

.69

.60

14,1116,977

4,9894,9208,207

30,66710,505C)

555, 462

13, 8347,602<•)

504,041

6,3305,167

130,8868,546(•)

183,015118124

748

().36

136,40453, 025186,635

(a)

C).26

78,30062, 24115, 784188, 727157,468

5.403.85

7,999268,134

11, 245382,605

6,0492.60

27,159

21,802135,906

()30,20021,470

"•11,07331,321' 10,460'3,641

1.944

C)

9,1167,757

3,8424,0747,783

20, 76811,108

558,967

11,8288,143

505, 557

5,9435,040

54,1358,832

193, 275

111137

719

.36115,05443,433152,484

.2667,65051,65113,648189,002158,238

5.903.85

8,126257,649

11,906417,643

5, 7642.66

29,018

20,842126, 453

26,05018, 732

'6,32231,181'14,313' 2,491

2.163

'14,162

.77

13, 2398,739

4,4214,5217,446

18,7788,586

567,403

13,6326,832

511,211

4,5833,772

11,85110, 633

183, 560

114150

664

.35117,86748,149114,436

69,34053,03813, 542

201,613171, 869

5.903.85

7,086286, 736

12, 024328,475

6,2302.70

35,194

21.162130,314

32,00020,156

i126,0764, 974

25, 732r 17, 051' 1,947

2.3301357,783

14,016

.82

.681358,70912,19010,002

4,4323,9707,672

18, 5359,233

574, 937

13, 0886,519

516, 456

6,0064,627

2,5108,079

176, 627

7844

690

.35121,41047,39383,106

69, 85056,07514,356165,018137, 276

5.903.85

3,079310,952

9,000252, 532

6,1132.73

39, 349

21, 250126, 383

38,35022, 931

3,70420,16220, 329

2.638

21, 738

.87

4,4383,7638,148

12, 9039,413

577,140

11,4866,417

519, 790

6,2494,881

1,8468,860

167, 079

.35118, 78047,17063, 701

.2572,10558, 05512, 928

160, 073133,140

5.903.85

3,853296,877

6,223218,410

5,8972.74

38, 794

19, 575115,501

38, 35628, 789

3,95114,23818, 0521,856

2.719

16, 556

.87

.73

;, 827 7, 220), 681 9, 656

5,1544,5778,491

10, 57111,312

«• 542, 884

10, 0207,501

520, 765

6,4815,627

1,8439,446

158, 041

780

.35137, 010

55, 71845, 045

.2488, 77072, 29021, 965

188, 333163, 939

5.903.85

5,426335, 203

6,469213, 550

5,4742.75

44, 986

22, 756130, 619

49, 80038, 482

4,0018,207

20, 8311,466

2.525

5,7285, 0308,950

9, 7169,641

'543, 512

9,0586,631

521, 503

4,6253,902

1,3088,123

150,023

15532

895

.38150, 69555,135

r 37, 228

.23103,030' 85,960'21,432203, 901178,473

5.903.80

' 4, 404356, 799

8,292222, 485

5, 1672.75

43, 796

22, 655129,195

59, 00047, 459

3, 315' 3, 52119, 592

2, 925

2.250

, 827

.86

.70

5, 7708,324

.88

.71

4,8136,344

' Revised. 1 December 1 estimate. §See note marked " § " on p. S-26.^Production in "commercial areas." Some quantities unharvested on account of market conditions are included.0 The publication of detailed foreign trade statistics and consumption series in which trade statistics are used has been discontinued for the duration of the war.& Not including high-pronf spirits produced at registered distilleries.fFor revised 1939 nnd 1940 data for the indicated series on dairy products, see note marked " t " on p. S-24 of the February 1942 Survey.JHeretofore data published currently represented only reporting companies. Beginning with the April 1942 issue of the Survey, all data are estimates of total production

comparable with 1940 data on p. S-24 in the December 1941 Survey; revised 1939 data are available on request.



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

1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


FOODSTUFFS AND TOBACCO—Continued

GRAINS, ETC.-ContinuedCorn:

Exports, including mcal§ thous. of bu_.Grindings _. .doPrices, wholesale:

No. 3, yellow (Chicago) X dol. perbu__No. 3, white (Chicago) doWeighted avg., 5 markets, all grades .do

Production (crop estimate) thous. of bu__Receipts, principal markets doShipments, principal markets doStocks, commercial, end of month do

Oats:Exports, including oatmeal§ doPrice, wholesale, No. 3, white (Chicago)

dol. per bu_.Production (crop estimate) thous. of bu_.Receipts, principal markets doStocks, commercial, end of month .do

Rice:Exports § .pockets (1001b.)__Imports doPrice, wholesale, head, clean (New Orleans)

dol, per lb._Production (crop estimate) thous of bu._.Southern States (La., Tex., Ark., and Tenn.):

Receipts, rough, at millsthous. of bbl. (1621b.).

Shipments from mills, milled ricethous. of pockets (100 lb.)__

Stocks, domestic, rough and cleaned (interms of cleaned rice), end of month

thous. of pockets (100 lb.)_.California:

Receipts, domestic, rough...bags (1001b.)..Shipments from mills, milled rice doStocks, rough and cleaned (in terms of

cleaned rice), end of mo..bags (100 lb.)__Rye:

Price, wholesale, No. 2 (Mpls.).-dol. per bu_.Production (crop estimate) thous. of bu_.Receipts, principal markets doStocks, commercial, end of month do

Wheat:Disappearance doExports, wheat, including flour § do

Wheat only §. doPrices, wholesale:

No. 1, Dark Northern Spring (Minneapolis)dol perbu._

No. 2, Red Winter (St. Louis) do...-No. 2, Hard Winter (K. C.) do. . . .Weighted 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 (Rus'l-Pearsall).thous. of bbl-.Exports§ doGrindings of wheat thous. of bu_.Prices, wholesale:

Standard patents (Mpls.) dol. per bbl..Winter, straights (Kansas City). do

Production:Flour, actual (Census) thous. of bbL.

O perations, 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.Disposition:

Local slaughter doShipments, total do

Stocker and feeder doPrices, wholesale (Chicago):

Beef steers.. dol. per 100 lb_.Steers, corn fed doCalves, vealers do

Hogs:Receipts, principal markets thous. of animals.Disposition:

Local slaughter doShipments, total do

Stocker and feeder doPrices:

Wholesale, heavy (Chi.) _..dol. per 1001b..Hog-corn ratio

bu. of corn per cwt. of live hogs..

2 10,205

85.98.84

25, 75516,61364,408

.55

~5~8133,776

.073

70

471

439

422, 998195,996

290,831

.69

1,13317, 240

1.201.201.151.16

12, 861

398,177

221,896

36,14.1

5.845.26

7,90354.6

628, 939

1, 684

981689313

13. 2213.4813. 50

2,630

1,998629

52

14.13

lb. 3

1,0169,194

.72

.78

24,84622,13360,959

131

.37

"~3,~854~4,571

382,98123,168

.049

171

837

2,050

549,090402,817

302,027

.58

3,2825,486

4,5721,414

.97

.90

.94

17,114

428,235

139,513"

8,843672

39,045

5.324.32

8,59656.8

9,470675,411

5,250

1,647

1,013624282

10.2311.9711.34

2,564

1,97458753

8.97

12.4

2959,421

.74

.82

.71

19,24419,09853,102

92

.37

~~3~396"3,906

320,9399,173

.048

99

703

1,457

317,389123,406

302, 587

.57

2,4905,639

157,1232,711106

1.011.02.97

26,611

429,565406,384151,89673, 24093,88287,366

55438,819

5.424.77

8,55258.99,090

669,141

5,4004,001

1,624

1,025574228

10.6211.8811.13

2,305

1,70758251

13.1

1,3708,736

.74

.85

.71

22,12322, 71243, 701

82

.36

"16"575"7,328

212,49725,095

.047

72

463

256,62681,128

324,405

.55

3,75811,077

2,41330

1.001.03

30,987

432, 504

246," 702

9,765507

40, 625

5.425.06

8,91859.3

10, 332703,201

5,450

1,697

1,079605235

11.2412.0111.94

2,036

1,47356054

10.94

14.7

1,2119,514

.75

.84

.74

18, 77615,12440,099

113

.37

" 14," 607*11, 771

262,09623,418

.044

312

548

861

297,63882,137

379,134

.62

6,94414,637

3,137769

1.061.081.071.05

17,642

438,088

274," 629"

50439,123

5.765.36

8,59257.29,047

674, 351

5,700

1,728

1,032680328

11.7311.9312.38

1,895

1,36152943

10.88

14.8

2,8349, 676

.75

.81

.73

27,49620,55539,137

224

.46

13,427

224,7094,709

.041

650

822

712

114,93172,446

337, 263

.68

4,94417,243

178,7045, 7673, 771

1.141.161.141. .12

14,086

452,0181,152,108284,920223,975154,902488,311

10, 545425

43, 247

6.005.63

9,49565.8

11,170745, 899

5,9004, 586

2,208

1,198956514

11.7311.7113.50

' 2,035

1,48850437

11.42

15. 7

()* 9,256

.70

.75

.67

24,04117,09940,135

.44

•"6,-726"11, 562

()C).043

2,191

1,278

1,683

263,460131,856

354,827

.60

2,60317,504

1.101.131.121.02

16,394

476.307

280," 588"

()44,2515.755.48

62.210, 553

766, 313

6,000

2,454

1,2091,196

11.5511.4413.38

2,542

1,90561642

10.71

15.5

2 8, 653

.71

.78

.66

24,35415,84739,835

2 8, 579

.76

.83

.7212,672,541

.48

~~7~652"11,030

.53U,176,107

7,9479,473

.049

2,321

1,425

2,627

316,495290,089

247, 542

.64

2,15017,645

1.141.171.131.06

14,752

473,995

276,260

37,560

5.885.44

8,21659.6

650,110

2,022

1,054961580

11.4011.0612.00

2,832

2,09872745

10.31

15.2

28,10713,19347, 946

.064154,028

2,099

1,772

3,007

378, 554260,941

210, 534

.681 45,191

2,47517,474

164, 501

1.231.271.201.15

1945,9371274,6441671, 293

14, 579

471,492987,607270,835207,351135,601373,820

42, 403

6.305.74

9,28361.8

732, 746

""3,~96l

1,964

1,129816443

12.5712.7512.60

3,639

2,692935

10.51

15.3

2 10,118

.82

.90

.78

29,49416,28050, 311

.58

1,5195,625

.068

1,148

1,700

2,508

465,182137, 749

343,001

.80

2,11516,785

1.281.341.261.20

10,471

465,608

258,570

43,611

6.485.86

9,53263.5

756,199

1,789

1,116660310

12. 6013.1114.09

3,704

2,6701,033

11.37

14.5

2 9,732

.82

.96

.78

30,35715,84959, 884

5,6707,483

.068

1,325

1,315

2,583

229, 40497,631

374,565

.78

1,91317,029

1.251.311.231.21

9,155

458,692

249,891

38, 621

6.335.74

8,47963.8

663, 743

1,467

973479199

12.3912.6613.50

2,463

1,748710

51

12.49

15.2

2 11,072

.82

.97

24,09817,52460,973

.54

5,2535,893

.070

681

1,405

1,885

278.245162,316

364,795

.75

1,09117, 551

185, 815

1.241.301.211.19

11,195

446, 983801,792237.777171,432122,461270,122

38,194

6.175.63

8,37855.7

657,985

'""4," 662"

1,741

1,094612264

12.5913.3613.80

2,694

1,995690

52

13.51

15.7

2 10,948

.82

.97

.81

30,57019, 793b3,363

.55

5,6144,642

198

1,256

844

499,885420, 205

212,690

.72

56617, 333

1.191.211.151.14

12,129

420,880

229,407

36, 878

5.955.40

8,05853.6

641,182

1,815

1,085724341

13. 2614.0913.13

2,638

2,020'612

57

14. 26

16.9r Revised. 1 December 1 estimate. * For domestic consumption only, excluding grindings for export. ° See note " ° " on page S-26. * Data not available.§Data for 1939 revised; see table 14, p. 17 of the April 1941 Survey. JFor monthly data beginning 1913, see table 20, p. 18 of the April 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

1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary



LIVESTOCK—Continued

Sheep and lambs:Receipts, principal markets_thous. of animals.Disposition:

Local slaughter doShipments, total ..do

Stocker and feeder _. _.doPrices, wholesale (Chicago):

Ewes dol. per 100 lb_.Lambs do

MEATSTotal meats:

Consumption, apparent mil. of lb.Exports§.. . . . . . . doProduction (inspected slaughter) doStocks, cold storage, end of month do_._

Miscellaneous meats do. . .Beef and veal:

Consumption, apparent thous. of lb..Exports§ , - do.._.Price, wholesale, beef, fresh, native steers

(Chicago) dol. per lbProduction (inspected slaughter) thous. oi lb..Stocks, beef, cold storage, end of mo.. . d o —

Lamb and mutton:Consumption, apparent -doProduction (inspected slaughter) doStocks, cold storage, end of month do

Pork (including lard):Consumption, apparent doExports, total. - _ do

Lard do. . . .Prices, wholesale:

Hams, smoked (Chicago) .dol. per lb. .Lard, in tierces:

Prime, contract (N. Y.) doRefined (Chicago).. do . . . .

Production (inspected slaughter), totalthous. of lb..

Lardf. .. do. . . .Stocks, cold storage, end of month .do

Fresh and cured doLardi do. . . .

1,374893110

.213530, 200100, 242

61,1585, 748

.315

.126

.143

782,338135,081677,056558, 392118,664

29,76280,142

6, 904223,316

POULTRY AND EGGS

Poultry:Receipts, 5 markets thous of lb. .Stocks, cold storage, 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__

TROPICAL PRODUCTS

Cocoa:Imports§ long tons..Price, spot, Accra (N. Y.) dol. per lb..

Coffee:Clearances from Brazil, total..thous. of bags..

To United States do. . . .Imports into United States§ doPrice, wholesale, Santos, No. 4 (N. Y.)*

dol. per lb . .Visible supply, United States, -thous. of bags..

Sugar:Raw sugar:

Cuban stocks, end of monththous. of Spanish tons..

United States:Meltings, Sports long tons..Price, wholesale, 96° centrifugal (N. Y.)

dol. per lb_.Receipts: From Hawaii and Puerto Rico

long tons..Imports, total § do

From Cuba._ doFronPhilir pire Islands do

Stocks at refineries, end of month..doRefined sugar (United States):

Exports . . . . . long tons..Price, retail, gran. (N. Y.)_ dol. per lb..Price, wholesale, gran. (N. Y.) doReceipts:

From Hawaii and Puerto Rico.long tons..Imports, total _. do

From Cuba . . . doFrom Philippine Islands do_ _.

Tea, imports . thous. of lb. .

MISCELLANEOUS FOOD PRODUCTS

Candy, sales by manufacturers..-thous. of dol_ 22,830Fish: " I

Landings, fresh fish, prin. ports.thous. of lb. .!Stocks, cold storage, 15th of mo. do i 54,255

. 134

3fl72

261,834

.037

164,873

. 065

.055

1,928

1,079853154

4.8110.44

1,28518

1,3271,329

558, 7831,195

.175538, 542

76, 231

65,30164,7524,130

661, 32814,21310,697

.248

.095

.106

723, 277139,7141,172,305798,455373,850

30, 35387,433

1,972

5,375142,065

36,028.0795

1,141968

1,731

.1082,151

' 2,192

426,159

.034

191,473322, 567199,483117,032608, 701

1.779

933834150 j

4.1011.13

1,22967

1,1901,233

75

525, 989978

. 175512.11268.442

54,91554,4583, 638

647,95151,43920,101

.256

.101

.112

623,078115,719

1,086,359703, 893382, 506

28,18885, 573

1,508

6,427178,594

34,395.0799 !

|627 !513

1,215 |

.115 !2,224 I

1,885

971924241 I

4.41 !

10.75 i

1,260106

1,2221,102

73

569. 0545,473

.171565,04165, 708

62, 23861, 8533,211

628,22280, 00553,819

. 275 I

.104

.114

594,970108, 395959,146618,866340,280

2,023

9221,104

377 |

4.84 !10.88 |

1,278 |91 I

1.168 !916 j

72 |

563, 9864,029

'2,557 ! 2,833 ; 1,818 j 1,719

1,0041,406

592

5.14 i10.98 i

1,29297

1,17873064

592,1693,181

.176 i .176557.536 ! 580,53667,489 | 73,366

60,244 I 62,27660,364 63,0943,306 j 4,093

653,854 j 637,39570,508 [ 97,28544,634 ! 46,976

.285 |

.103 !

. 1 1 8 j

549,83698,086773,182485,108288,074

28, 723 33, 36881,206 I 85,363

1,337 ! 876

.296

.111

.128

534,50392, 231589,322371,362217,960

1,0181,820 !

523 |

5.2210.63

1,418 I(•) I-1,435 i649 !64 i

905945379 j

5.44 I10.57

1,245

1,39472073

635,550 i 524,974

.173 I .173642,731 i 535,88489,793 I 114,330

66,45367,2064,783

1,016699199 I

6.0611.20

1,791

1,036

754197

6.3411.88

1,535

907629126

6.4811.25

1,866 I 1,866

1,136721164

11.00

1,477 i 1,503 | 1,213 1,282

1,042819224

7.2411.38

1,338

1,684903105

1,728 i1,097

123

1,2711,097

116

1,3451,046

118

1,376'941••108

574,166 | 617,671 | 518,851 J 560,617 598,990

.191 | .198 .196 I575,794 605,041 513,157135,478 142,599 150,410 |

55, 572 64,23957,244 65,8166.432 j 7,936

68, 45168,7818,228

716,262 664,354 | 838,113 I 816,538

.104 |

.121 |

725,158127,469490,694313,268177,426

.265 i

.104

.120

800,819141,579526,735350, 270176,465

.271 ! .299

.106 I .112

.127 ! .130

1,042,675 11,053,759

.200 .214545, 801 566, 213147,514 |r 126, 884

61, 81361, 7018,122

632, 393

6,641195,097

25,218 i.0782 j

454 I296 ;591 |

. 122 '2,064 j

6,131194,006

35,22096,701 |

j833 |

5,441 I178,438 j

49,351127,981

3,857153,843

77,720172,913

587

1,670129, 533

2, 360.056.050

14,05153, 26448, 9933,990

11, 190

1,942 I 1,654

16, 841.0787 i

518 I376 |444 j

.134 !1,879 |

1,422

24,257 I.0814

847 i74472 i

.1341,780 |

1,149

190,337655,049468, 538186,511

84, 224218,392

54995, 538

203, 206823,129613,659209,470

27, 302206,120

915

.303

.121

.136

696,100128,465823,169616,604206, 565

73,31173. 4228,180

648,483

69, 43368.331T 7,108

669,803

.315 |

725,132,772,

125 j138 ;

295115 |420 !

590,416 I182, 004 ;

.126

.144

741,802126,877699,083• 572,799126,284

18,624 20,509 \ 23,123179,083 | 139, 677 I r 96, 716

1,149

331 ! 52976,293 I 73,766

() j.0820 |

706 \624 !

<•) j.132

1,580

789

.0878 ! .0935

882 !768

1,008970 i

.0950

1,0731,001

.0892

766665

1,689 1,906

1,798 I r4,638107,397 T159, 585

.0890

680609

.0890

1,006842

.131 I1,393 ;

477

405,219

.035

195,169239.305147,70578,326654,105

3,175.056.049

6,25754, 55149,1445,3659 752

.1331,327

213

.1341,471

.1341,102

402.948 ! 417,387 459,297 ) 404,252 : 331,299 318,644 j 291,839 ; 181,387

.035 I .037 i .036 I .035 : .035 j .035 j .037 \ .037

166,355 ! 136,027 i 126,173 \ («) ! | |

211,202 I 210,190 ; 167.040 i («) i I I !127,864 | 143,198 ! 110,468 ! («) ! ! ! !63,673| 16, 769 13,072 (a) I i !

653,041 i 506,133 398,901 ! 355,071

.134850

.134852

2,084 ! 3,295

271,426 : 319,209

.037 .037

352,584 350,074 218,993 | 199,661 I 209,257 179,311

2,482. 056.050

5,41227,70719,4777,926

10,679 !

7,232 ! 10,253.057 : .058.052 > .052

.059

.052.059.052

.060

.052.064.053

.066

.053

4.94619,02516,036

4467,766

1,11613,22010, 640

1,9626,915

16,209 j 15,399 j 14,629 j 17,994 j 28,251

54,580 I 54,555 | 51,47941,878 ! 55,117 ! 73,432

54,15990,885

59,355102,191

. 066

.053. 066.055

33, 336

49, 521107,574

32, 003

42,215115,432

31

29117,

043

522805

27,

1699

007

355979

27,

13,82

277

853677

28,914 ! 27 J.79

39,153 | 42,49362,160 ! «• 49, 079

r Revised. §Data for exports and imports revised for 1939; see table 14, p. 17, and table 15, p. 18, respectively, of the April 1941 Survey.• The publication of detailed foreign trade statistics has been discontinued for the duration of the war. b Data not available.•New series. This series replaces the one for the price of coffee, Rio No. 7 shown previously. Earlier data are shown in table 13, p. 22 of the April 1942 issue,t"Revised series: revisions beginning January 1937 appear in table 8, p. 18, of the January 1941 Survey; see also note marked "H" which applies to both production and stocks..^Includes fats rendered from hog carcasses reported beginning November 1940 as "lard" and "rendered pork fat." Figures are comparable with earlier data reported as.

"lard."




1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

January Febru-ary March April


MISCELLANEOUS FOOD PRODUCTS—Continued

Gelatin, edible:Monthly report for 7 companies:

Production.. thous. of lb__Shipments - do ,Stocks do

Quarterly report for 11 companies:Production doStocks - do

TOBACCOLoaf:

Exports, incl. scrap and stems§ thous. of lbImports, incl. scrap and stems§ . . . doProduction (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 do..Miscellaneous domestic do

Foreign grown:Cigar leaf doCigarette tobacco do

Manufactured products:Consumption (tax-paid withdrawals):

Small cigarettes _ _ . millionsLarge cigars thousandsMfd. tobacco and snuff thous. of lb_.

Exports, cigarettes§ . thousandsPrices, wholesale (list price, destination):

Cigarettes, composite price, dol. per 1,000..Cigars, composite price... do

Production, manufactured tobacco:Total t - thous. of lb

Fine cut chewing _ . do _Plug doScrap chewing . doSmoking doSnuff* _ - doTwist do

2,1161,9403,819

18,455457, 767

25, 181

5. 76046. 592

2,0282,0554,856

22, 6996,526

17,858475,067

29, 232926,183

5.76046. 056

28, 903427

4,2883,524

16, 8473,441

37fi

1,9732,0254,803

7,4926,563

14,9166,630

3,349

404283

2,5274

22109

18, 523478, 80227,660

549,338

5.76046. 056

28, 469441

4,2293,910

16, 2883,123

478

1,6612,2484,216

26, 7936,042

18.404487, 033

28, 835521, 326

5.76046. 056

29, 079458

4, 5603,884

16,3483,347

483

1,4352,0063,644

20,9755,725

17, 777491,028

27, 462843,686

5.76046. 056

27, 594505

4,2644,064

15, 2003,059

501

1,7742,0513,367

6,3294, 720

23,3807,451

3, 372

371258

2,6184

2199

18, 761506, 071

29, 756433,690

5.76046. 056

30, 499467

4, 4763, 962

17,7583,333

503

2,1552,3033,220

19,632621,99032,179

5.76046. 056

32, 712467

4,7104,016

19, 3413, 665

514

2,2712,0603,431

17,141542, 90627,376

5.76046. 056

27, 570396

3,8103,279

16, 6313,023

430

2,0812,1213,392

8,3145 026

1 1 280

3 492

340251

2,7844

2191

16, 201474,913

24, 265

5.76046. 056

25, 521415

3, 7693,410

14, 0703,392

465

2,2452,0943,542

19, 503458,277

27, 938

5.76046. 056

27,365415

4,0453,673

14, 9903.763

479

2,1022,1263,518

16,628441,805

24, 426

5.76046.190

25, 072358

3, 6973,411

13, 8543, 265

486

2,2692,1473,640

8 5495,139

3, 506

434303

2, 6634

2181

17.016489, 72727,919

5. 76046. 592

28, 656411

4, 4454,117

15, 2403,916

528

2,1642,1623,642

17,380503, 536

27, 825

5. 76046. 592

27, 745398

4,3473,913

14,7823,827

478

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 (35 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 doRailways (class I) doSteel and rolling mills doOther industrial do

Retail dealers, total doCOKE

Exports thous. of long tons—Price, beehive, Connellsville (furnace)

dol. per short ton..Production:

Beehive thous. of short tons.Byproduct doPetroleum coke .do

12.4910.3114,843

292

34, 4961,0997,451

647145

5,1019,394

8199,840

256

4.7734.858

48,250

67,40960,6099,176

876331

15,85411,4731,099

21,8006,800

6.000

••700r 5, 276

309

11.649.7793,858

169

53

1,511

31,199850

6,871596134

4,9167,755837

9,240

124307

8.85

4.5474.61843, 400

37, 48332, 5834,725483162

8, 9916,135737

11,3504,900

51

5.825r 571

'4,852140

335

11.579.8074,891

205

29

2,071

30,881886

6,855615127

5,1357,576827

113306

4.5704.663

42, 774

42,92937, 2495,913559225

9,9886,604720

13, 2405,680

64

6.125

5644,836144

223

11.889.9394,681

268

32

1,973

31,510908

7,107660128

5,2157,799

8338,860

129311

9.06

4.6184.724

43, 300

47,05140, 4516,215

634285

10, 4317,003

72315,1606,600

61

6.125

5785,014

134

304

12.1710. 0735,246

414

2,325

32, 400959

7,108658132

5,6438,038

8429,020

137329

9.24

4.6584.823

45, 650

52,80145,0117,205

660296

10, 9128,111'757

17,0707,790

61

6.125

6115,013

137

404

12.4110. 2095,143

708

59

2, 353

31, 928901

6, 814630126

5, 5528,053

8029,050

164335

4. 6774. 883

46,880

56,99448,0447,292

709331

11,6378,758

82718, 4908,950

54

6.125

5744, 806

158

12.4610. 3015,380

1,177

C)34,978

9687,050

676143

5,9138,742

88610, 600

362

9.42

4.7034.922

49,800

61,40151, 5018,371

720364

11,9199,548

90919, 6709,900

6.125

6134,971

154

12.4210. 3013,832

1,393

108

34, 555835

628143

5,5328,747

91210,910

313

9.47

4.7134.930

43, 770

61, 76352,0138,326

714372

12, 4279,726

90819,5409,750

6.125

5324,833

149

12.4310. 2884,118

1,237

58

37,1921,0217,352

588149

5,8929,226

98411,980

334

9.50

4.7044.925

46, 667

62, 73753, 3978,901

705367

12, 82110, 235

96819, 4009,340

6.125

6505,186

151

12.4810. 2884,532

915

42

1,0167,404

564148

5,9139,6851,046

12, 700

347

9.52

4.7324.926

48, 540

58,68150,9518,179

647343

12,6609,788

96418, 3707,730

6.125

6475,224

140

12.4810. 2884,772

755

34

35,091957

6,685497142

5,1548,879

93711,840

313

9.51

4.7374.924

43, 840

56, 88550,6357,888

652333

13,4559,662

99517, 6506,250

6.000

6104,716

121

12.4810. 2805,085

656

36, 4431,0247,372

543153

5,0119,723

95711,660

251

9.51

4.7534.897

47, 400

57, 22151, 7617,881

743293

13,8919,9101,013

18, 0305,460

6.000

6525,200

108

12.2910.114

r 5,153

466

27

• 34, 5261,029

r 7,173571144

r4,717' 9,189

86310, 840

260

9.43

4.7744.819

49, 000

•61,836• 55, 746r 8,409

813r301

14,76710,8161,050

19, 5906,090

655r 5, 059

91r Revised i Dec. 1 estimate. ° The publication of detailed foreign trade statistics has been discontinued for the duration of the war.JData for 1938 revised. See p. 45 of the August 1940 Survey.§Data for 1939 revised; for exports, see table 14, p. 17, and for imports, table 15, p. 18 of the April 1941 issue.tSee note marked "*" on this page.*New series. Data are not available on a monthly basis prior to 1941. The total production of manufactured tobacco has been revised to include the data for snuff.


S-28 SUKVEY OF CURRENT BUSINESS Julv 1942


1942

May

1941


Octo-ber

N ovem-ber

Decem-ber

1942

Janu-ary


FUELS AND BYPRODUCTS—Continued

COKE—Continued

Stocks, end of month:Byproduct plants, total.thous. of short tons..

Alf furnace plants. ..doAt merchant plants do

Petroleum coke. do

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_.Refinery 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 plantsf thous. of bbl..Railways (class I) . doyessels (bunker).. . do

Price, fuel oil (Pennsylvania)*.dol. per gal..Production:

Residual fuel oilt thous. of bbl..Gas oil and distillate fuels, total do

Stocks, end of month:Residual fuel oil, east of Calif doGas, oil and distillate fuels, to ta l . . .do. . . .

Motor fuel:Demand, domestic} thous. of bbL.Exportsf doPrices, gasoline:

Wholesale, refinery (Okla.).dol per gaL.Wholesale, tank wagon (N. Y.)f.._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, totalf.. .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 § sh ort tons.Production doStocks, refinery, end of month do

Wax:Production thous. of lb_Stocks, refinery, end of month do . . .

1,432975457

953

~05S

.055

.161

1,405741664385

119,4353,7011.035

116,976

66,25636, 221

218, 35541, 595176, 7601,615

r 1, 5895,0402,836.048

27,99415, 546

20, 89127. 353

59, 3071,257

.053

.143

.13758,258

28823, 88128, 9085,1813,5412,432

85, 42557, 3575,856

4,504118

.0546,0338,421

2,732

.1033,3227,835

2,452601,800964,000

57, 400118,456

1,428849578382

115,9354,4881.110

115,027

65, 73534,961216, 45443, 526172,9281,620

r 1,3295,1472,488.053

27, 88214,697

20, 91430,620

58, 3601, 184

.058

.149

.13856, 987

27423,14028, 4785,0953,6482,327

82,41152, 8566,235

3,918101

.0575,218

3,171

.1233, 5207,353

4,366634,500841,000

54,600110,481

1,450874577367

121,1804,6571.110

118, 251

66, 45435, 651212,13244, 472167, 6601,934

r 1,6235,3392,633.057

28,62415, 746

21,90934,337

63, 0931,212

.060

.149

.13959, 609

27123, 96230,1245,2523,7692,544

77, 42949,0926,317

4,27095

.0595,40610, 635

3,074

.1403,5637,107

0687,100713.000

55/440101, 434

1,612950662372

124, 5724,3191.110

121, 35490

64,72934, 560

207, 22543,483

163, 7421,836

r 1,8025,4602,661

.058

29, 83615,409

23, 56236, 845

62,9441,355

.060

.149

.14060, 740

27724,79030,0345,6394,2372.589

73,09445,463

6,111

4,44952

.0625,850

11,636

2,562

.1433,5617,206

0740, 700605,000

54, 32085, 824

1,580881699370

121,4814,7901.110

119,44689

63, 84734,875

203, 48141,975

161, 5061,931

r 1,6745,4352,331

.059

28,11816,024

25, 22439,726

58, 9952,211

.060

.149

.14060,167

26624,03930,198

5, 6644,8542,383

72, 76146, 151

5,373

5,6242P5

.0635,949

11, 662

2,638

.1543,4277,415

0680, 200474,000

66, 36079,458

1,616871745362

126,772

C)1.110

126,145

62,94134, 852201,04842,446158,6021,821

* 1,8576,049C).058

PC, o7116, 554

20. 19842, 028

.060

.149

.14062, 288

29624, 71231, 3285,9525,1232,342

74, 69846, 4174,870

()C).0636,35511, 670

.1603,4947,487

0694,400451,00067, 76075, 467

1,668817851390

121, 539

1.110123,355

62,74535,082200, 60242, 546158,0561,723

r 1,7405,723

2? 6616, 230

25,11842, 261

.060

.149

.14161,243

28724, 24430, 7185,9944,7172,198

79, 37849, 3514,557

.0646,44310, 843

.1603,6077,752

580,700512,000

76, 413

1,708832876228

124,985

1.110128, 293

63, 37835, 596:03,42313,154

i i 2691,458

«• 1. 9( 06,328

31,12717,142

24, 85549, 330

.060

.149

.13963, 573

32324, 91332, 2556,0824,6222,247

86,41356, 3254,275

.0646,6829,599

.1603,5548,127

466, 500604,000

60,20074. 814

1,510817692246

119, 032

1.110128, 262

82

' 61, 84537, 767

207, 85945, 085162, 7741,373

1,8676,495

.050

29, 40516, 902

• 14, 56740, 801

.060

.150

.14160, 035

20822, 72530, 3247,4885,351

r 1, 983

93, 48964, 9964,802

.0646,6346,987

.1603,4978,266

382, 000695, 000

55, 16072, 800

1,386

513259

105,776

1.110113, 961

81

r 61,17439,184213,39543, 387170,008

953

1,5325,949

.052

27.25415,194

• 14,05533,711

.060

.152

.14151,612

18919, 22626.006

'68

100,18672,9905,209

.0636,1336,193

.1603,1748,429

382, 700765, 400

52, 92075,600

1,430920509252

110,565

1.110114,473

76

r 60,19738, 531

214. 741r 41', 622173,119

1, 3046, 595

.055

28,09516, 214

1 11,04030. 205

.055

. 153

.11352, 902

20020,60925,6297, 020

1,962

99, 18473, 5565.620

.0636. 0355, 460

. 1603, 5338,470

428,200740, 700

ol,60075, 040

,448963

'485201

104,882

1.110105,053

75

58,14938, 737210,69940,491170,208

825

29. 44014, 002

8,66428. 792

.054

.157

. 14447, 528

018.33923, 5046.257

94,12767,1826,043

.0635,5295, 630

.1603,4388,470

452,900719,400

52, 08069, 720

LEATHER AND PRODUCTS

HIDES AND SKINS

Imports total hides and skins§ thous. of lb_.Calf and kip skins©-- thous. of pieces._Cattle hides© doGoat and kid skins© doSheep and lamb skins© do

Livestock (federally inspected slaughter):Calves thous. of animals.-Cattle . . . doHogs . . . . . . . . . do .Sheep and lambs do

471fcS5

4. 3i~()1,475

56, 267257828

4,1503,651

501908

4,0231,551

53, 572229823

5, 3253,232

440867

3,3361,378

50, 686173731

3,7234,099

445968

3,0061,569

61,899242888

3, 2655,335

414968

2,7961,522

48, 944215721

3,7172,371

4471,0042,9201,567

(°)

5361,1194,1571,682

476941

4,5611,424

4571,0045, 7671,571

4401, 0575,8311,611

392891

3,8921,407

491929

4,1341,669

502956

4,1961,570

r Revised. lExcludes for East Coast district, stocks of "shuttle oil" and stocks transferred to the U. K. pool board. §See note marked § on p. S-29.° The publication of detailed foreign trade statistics has been discontinued for the duration of the war. b Publication of data suspended.•New series. Data on wholesale price of fuel oil beginning January 1918 appear in table 46, p. 14, of the November 1940 Survey. Data beginning 1920 for the new series

on retail service-station price of gasoline, which replaces a similar series shown in the Survey through February 1941, appear in table 10, p. 16, of the March 1941 Survey.fExports of motor fuel revised; for data for 1913 to 1939, see table 54, p. 16, of the December 1940 Survey; for data for all months of 1940, see note marked "f" on p. S-28

of the August 1941 Survey. Data beginning January 1941 include mineral spirits; the comparability of the series is affected to a negligible extent by the inclusion of this item.For revised series on wholesale tank wagon (N. Y.) price of gasoline, see table 6, p. 18, of the January 1941 Survey. Gas and fuel-oil consumption in electric power plantsrevised for 1941. Revisions not shown above are as follows: January, 1,752; February, 1,587; March, 1,675; April, 1,658.

?Revised data for 1939 appear in table 1, p. 17, of the January 1941 Survey. Beginning January 1942 figures for the production of natural gasoline include total sales ofliquefied petroleum gas as follows (thousands of barrels): January, 710; February, 577; March, 556; April, 572. The amount of such sales has not been included in the totalproduction of motor fuel. Prior to 1942, an indeterminable amount of liquefied petroleum gas sales has been included in total motor fuel and natural gasoline production.

•Data revised beginning 1940. See note on p. S-28 of the June 1942 Survey.©Data are here reported in pieces instead of pounds as shown in the Survey prior to the April 1942 issue; earlier data in pieces will be shown in a later issue.Digitized for FRASER




1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


LEATHER AND PRODUCTS—Continued

HIDES AND SKINS-Continued

Prices, wholesale (Chicago):Hides, packers', heavy, native steers

dol. per lb.Calfskins, packers', 8 to 151b do. . .

LEATHERExports:

Soleleather§ 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 . . .

Prices, wholesale:Sole, oak, bends (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 -do...Raw do.. .

LEATHEE MANUFACTURESGloves 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.. .

Government shoes* do.. .Civilian shoes:

Boys' and youths'... do.. .Infants' do.. .Misses' and children's . . .do . . .Men's do.. .Women's do.. .

Slippers and moccasins for housewearthous. of pairs.

All other footwear .do. . .

0.155.218

9812,5813,6314,998

.449

.529

279,927175, 278104,649

6.754.613.60

40,410421475881

33, 8663,449

1,3762,1783,3468,58414,932

3,5001,267

0.147.245

144,321

1,0332,2743,6544,698

.412

.503

13,0578,5684,489

266,124158,837107, 287

221

6.154.353.30

41,853437594910

34, 7661,149

1,6642,2893,833

10,18415, 647

3,9931,153

0.153.234

772,268

1,0982,2533,9864,438

.425

.518

13,2918,5804,711

249,533147, 718101,815

158

6.154.353.30

40,463471300854

33, 2311,215

1,6832,5493,8729,734

14,177

4,4741,134

0.150.218

114,363

1,1702,3924,2754,633

.428

.508

13,1748,4144,760

258, 325155,695102, 630

148

6.234.353.45

45, 237509258684

38, 2191,215

1,8252,5584,251

10, 29118,079

4,892675

0.150.218

244,889

1,1812,3913,3744,789

.431

.510

13, 2268,3234,903

291,995179, 205112, 790

309

6.254.353.55

45,465516225816

37,8851,360

1,6962,4874,052

10,35517,935

5,588435

0.153.218

1,3683,346

1,0842,4054,1134,508

.441

.516

13,1868,2234,963

246, 329161,285

85, 044

198

6.254.353.55

43, 815512273

1,01735, 558

1,324

1,8122,4034,025

10,47315, 522

6,019436

0.155.218

1,2092,6754,5684,796

.444

.522

13, 6988,3075,391

283, 285172, 898110,387

6.364.353.55

45,704555271

1,00436,9061,474

1,9102,5854,37811,93114,627

6,516453

0.155.218

1,0142,4453,8374,408

.447

.525

14, 0208,5695,451

242,441144,19798, 244

6.404.393.55

34, 795478223852

27, 6441,170

1, 3992,1633,4919,6009,821

5,164434

0.155.218

1,0482,5724,4414,303

.448

.529

14, 0218,6915,330

193, 808106, 27387, 535

6.404.403.55

38,451442337

1,05232,6541,737

1,5352,2963,88810,41012, 789

3,509459

0.155.218

9222.6664, 2264,163

.448

'.531

•14,223r S, 9585,265

185, 111108, 08077, 031

6.404.553.56

39,828358436

1, 35234, 8992,223

1, 3932,1463,8059,87115,461

827

0.155.218

9742,5024,0054,555

.448

.531

• 14, 052' 8, 9235,129

225, 746139,85685,890

6.404.603.60

40, 006377454

1,35634,1102,336

1,4102,0293,6599,36815, 308

2,6741,036

0.155.218

1,0402, 6294,414

r4,462

.453

.531

13,4138,9004,513

252, 058159,296' 93,362

6.404.603.60

45,106572643

1,24738,2202,954

1,5132, 3403,7609,64018,013

3,2971,127

0.155.218

1,006r 2, 684r 4, 320' 4, 552

.449

.529

•12,747r 8, 879' 3,868

264, 543161,845102,698

6.754.653.60

' 45, 590020535

'1,056' 38, 362' 3, 858

r 1, 526' 2, 372'3,751r 9, 730' 17,127

r 3,607' 1,410

LUMBER AND MANUFACTURES

LUMBER—ALL TYPESExports, total sawmill products M bd. ft.

Sawed timber§ do.. .Boards, planks, scantlings, etc.§ do.. .

Imports, total sawmill products do.. .National Lumber Mfrs. Assn.:f

Production, total mil. bd. ft.Hardwoods do_._Softwoods do.. .

Shipments, total do. . .Hardwoods do_._Softwoods do. _ _

Stocks, gross, end of month, total .do. . .Hardwoods do.. .Softwoods do_..

FLOORINGMaple, beech, and birch:

Orders, new M bd. ft.Orders, unfilled, end of month. . . .do . . .Production do. . .Shipments do. . .Stocks, end of month do.. .

Oak:Orders, new__ . . .do . . .Orders, unfilled, end of month do.. .Production do. . .Shipments do. _ .Stocks, end of month do.. .

2, 6*0379

2, 3012,955415

2, 5405,0041,3133, 691

7,2008, 7507,1508,86012, 000

27,73237,48836, 28332, 91766,699

32. 340

44.100

53,3084,39940,16895,057

2,834385

2,4492,830413

2,4176,7111,5225,189

9,30011,1759,0009,50017, 750

54, 44278,17346, 76150, 35865, 533

13,4353,5639,872

24.980

35. 280

51,9777,40437,422115,745

2,786385

2,4012,875420

2,4556,6501,4885,162

10,35011,4508,75010,12516, 675

53, 48979, 51648, 68652,14661, 580

19,9015,94013,961

24.990

35. 280

84, 2727, 55767,635135,018

2,946383

2,5633,115428

2,6876,4891,4445,045

12,80013,9258,20010, 32514,800

60, 52481,98851,86557,15051, 038

18, 7436,61512,128

25. 970

36. 260

28,0697,915

20,154

25.970

36. 260

19,9705. 58014, 390

27.146

38. 808

28. 665

41.160

28. 910

41.160

29.498

42. 336

32.095

44.100

32. 340

44.100

32.340

44.100

32. 340

44.100

Douglas fir: SOFTWOODSExports, total sawmill products§...M bd ft..

Sawed timber § do. . .Boards, planks, scantlings, etc.§ do.. .

Prices, wholesale:Dimension, No. 1, common*

dol. per M bd. ft.Flooring, B and better, F. G., 1 x 4, R. L.*

dol. per M bd. ft.

T Revised. §Data for 1939 revised; for exports see table 14, p. 17, and for imports, table 15, p. 18 of the April 1941 Survey.JData beginning 1940 include fleshers and exclude skivers. a The publication of detailed foreign trade statistics has been discontinued for the duration of the war.jRevised data for 1939 appear in table 17, p. 17 of the May 1941 Survey; revisions for 1940 will be published in a later issue.•New series. The price series on sole, oak, bends at Boston replaces the series shown in the Survey through the March 1942 issue for sole, oak, scoured backs at Boston.

Earlier data will be shown in a subsequent issue. Separate data for leather shoes made under Government contracts are available beginning 1941. These shoes include, forthe most part, men's dress and semidress and work leather shoes. However, a small number of pairs other than men's leather (nurses, athletic, etc.) made for Governmentcontract are included. The total has been included with men's leather shoes in issues prior to the April 1942 Survey. Data beginning 1922 for the new series on lumber pricesappear in table 16, p. 17, of the May 1941 Survey.

61,79311,37146, 586178,887

3,113387

2,7263,236416

2,8206,3571,4144,943

9,05013,1758,9509,80013,425

44,78174, 30549, 92553, 46444, 962

51,1637,25034,090152,190

2,926387

2,5392,986423

2,5636,2941,3774,917

7,00011, 5007, 6008,80012, 200

36,36360,46047,43248,93941, 955

2,958403

2, 5553,016436

2,5806,2311,3434,888

7,65010,9008,9008,30012,850

40,08052,44649, 22748,09443,088

2,505372

2,1332,438374

2,0646,3171,3404,977

5,0508,9007,5007,15013,100

28,10242, 54940,91038, 01448, 278

2,503382

2,1212,491371

2,1206,3481,3554,993

7,2259,0508.0757,35013, 625

34, 28642, 03542, 69735,10055,875

'2,316376

' 1, 940'2,535

381' 2,1346,1101, 3494,761

7,7759,9757,1757,07514,075

40, 74946, 23541, 64736, 54960, 673

' 2, 246

' 1,"2,

r 2 ,•5,

1,r 4,

372874487369118903353550

7,150

77,

14,

600550100250

39, 36948,09736, 71937, 78858,601

' 2, 404361

r 2, 043r 2, 735

368r 2, 367' 5, 5951,346

r 4, 249

8,57510, 5507,2757, 50014,000

34,97245,48138,69137, 58859,704

2,645386

2,2593,087383

2,7045, 2351,3493,886

7,30010,1257,5007,70013,850

32, 56042, 67340,65637, 02763,333




1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


LUMBER AND MANUFACTURES—Continued

SOFTWOODS-Continued

Southern pine:Exports, total sawmill products M bd. ft_.

Sawed timber doBoards, planks, scantlings, etc

Orders, new!Orders, unfilled, end of month

do.mil. bd. ft..

. do .Prices, wholesale:

Boards, No. 2 common, 1 x 8 *dol. per M bd. ft._

Flooring, B and better, F. G., 1 x4* . doProduction! mil. bd ftShipments!Stocks, end of month

Western pine:Orders, new! _Orders, unfilled, end of month!.Price, wholesale, Ponderosa, bo

common, 1x8* dol. iProduction!Shipments!Stocks, end of month ______

West coast woods:Orders, new!Orders, unfilled, end of monthProduction!Shipments! . .

*" Stocks end of monthRedwood, California:

Orders, newOrders, unfilled, end of monthProductionShipmentsStocks, end of month _ . . .

FURNITUREAll districts:

Plant operations percenGrand Rapids district:

Orders:Canceled . percent ofNew . no. of days'Unfilled, end of month

dodo .

dodo.. .

ards, No. 33er M bd. ft

mil. bd. ftdodo . .

do.. .dododo . .do

. . . M bd.f t . .dodo . . . .dodo . ..

, of normal

new orders. .production _

doPlant operations .. percent of normal _Shipments no. of days'

Prices, wholesale:Beds, woodenDininc-room chairs, set of 6 .Kitchon cabinets . .Livine-room davenports

Steel furniture (see Iron and Steel

production _ _

1926=100do .do._..

_doSection).

795887

30. 00047. 000

782851938

553630

31. 35487533

1,229

9581,097

770863835

39,44564, 15237, 39741 205

220, 602

78.0

10.02353

78.022

101.0118.9102. 6104. 2

12, 573259

12, 314970646

30.81348.990

962904

1,795

560535

27.68570516

1,523

797787672754867

46. 42158, 49339, 83540 461

249, 358

75.0

4.03254

74.020

87.2103.9' 93.4

87.2

12, 6791,159

11,5201,076

824

30. 28349.580

850898

1,747

637628

27.55614543

1,593

771814703761838

42,91864, 68439, 94037 700

246, 446

82.0

4.02662

78 020

93.0103 994 493 3

45, 111586

44, 5251,216

952

31. 94651.630

9311,0881,590

607642

28.03673593

1,665

776883700722831

43,02665, 42242, 64640, 810

246, 431

82.0

3.03570

77.025

95.0105. 597.493.3

16, 9413,104

13,837893762

34. 55054.978

9491,0831,456

523554

29.37684611

1,733

705772822834819

30, 39155, 20447, 27242, 221

244,169

87.0

3.02772

82.028

93.5108.297.493 3

10,4861,4719,015

885715

33.05052. 782

898932

1,422

543479

29.97661619

1,775

679699742741821

27, 66544,53243, 70339, 068

242, 763

88.0

3.03376

84.032

96.1108.299 398.9

C)

(°)861633

31.01352.050

896943

1,375

542401

30.73636620

1,788

671607787760854

31,54037,14245, 65838 318

243, 225

90.0

4.03075

88.032

96.3111.6102.0104.2

771603

30.81352.393

824801

1,398

387345

30.71436443

1,779

590587678617929

26, 78134, 86038, 67129.910

248, 440

87.5

5.03375

88.027

98.0113.6102.0104.2

800621

30. 80453.596

809782

1,425

491421

30.42357415

1,721

946827747719971

29, 68841,69630, 69822, 877

253.061

82.0

15.01559

86.028

101.2115.0102.0154.2

1, 050796

30. 62054. 330

825875

1,375

516519

30.73263418

1,566

••765926

-"637'623

991

41, 25249, 87335, 64232, 292

249, 176

79.0

8.02259

81.024

101.2118.9102.6104.2

868858

30. 65354.708

738806

1,307

'345464

31.46r 278MOO

' 1, 444

710894658692968

40, 94261,10433,12830 208

249,377

83.0

7.02058

82.022

101.0118.9102.6104.2

974940

30. 77053.798

787892

1,202

r 477••472

31.52359

••469r 1,334

750891682742929

55. 56675, 00938, 80843 560

240, 342

79. 0

8.01850

75.025

101.0118.9102 6104.2

995943

30. 00051. 000

797992

1,007

667609

31.04469529

1,275

1,0301.029

747877875

39, 40766. 07337, 96046 5fi2

228, 068

"9. 0

5.02958

79.021

101.0118.9102.6104. 2

METALS AND MANUFACTURES

IRON AND STEEL

Foreign trade:Exports (domestic), total long tons.

Scrap do . . .Imports, total do . . .

Scrap do . . .Price, wholesale, iron and steel, composite

dol. per long ton-Scrap:*

Consumption, total thous. of short tons.Home scrap do . . .Purchased scrap do . . .

Stock, consumers', total do . . .Home scrap.. do . . .Purchased scrap do . . .

OreIron ore:

Lake Superior district:Consumption by furnaces

thous. of long tons..Shipments from upper lake ports doStocks, end of month, total do

At furnaces doOn Lake Erie docks do

Imports, total doManganese ore, imports (manganese content) §

thous. of long tons..

Pig Iron and Iron Manufactures

Castings, malleable:Orders, new short tons..Production .do.Shipments do.

Pig iron:Consumption tbous. of short tons.Furnaces in blast, end of month:

Capacity short tons per day.Number

7.24012,67725,19922,3102,889

54,21960, 69661,783

472,73462,8945,6333,758

38.15

6,23211,08121,81719, 5512,266

180

53

83, 21870, 27871, 740

151,000206

457, 68559,01810,1906,473

38.15

» 15,61318,61117, 0025,0511.5503,501

6,23110,79026,63023,9192,710225

50

75,07571,20970,179

i13,692

153,600211

537, 92159, 90511,9,

3$

5,2.2,4,1,3,

6,11,31283

776768

4

153

049418

.15

026744282911473438

497390597257341196

33

312010310

670

190211

697,80,18,16,

3£

5,

732255380405

.15

1402,7922,4,1,3,

6,1136,32

4

686864

4

155

348814504310

534496469457012223

65

945570250

822

020213

706,65,

8,4,

3£

580486489259

.15

5, 0722, 7832,289

' 4 ,' 1,

515469

3,046

6104036

4

64

448312770106664206

62

28369,17567

4

157

532

665

165216

38.15

5,5823,1452,4374,0891,3222.767

6,6129,59643,94638,8525,094

70, 52884, 29682,004

5,049

156,265214

38.15

5,0102,8242,1863,8291,2322,597

6,5017,661

45, 53540, 2455,290

60,74566, 73868,983

38.15

5.0782,8732,205

r 3, 8021,167

r 2, 635

7,062835

40, 45735,5634,894

56,58771,31170, 744

4, 766 5,020

156,855 162,140215 216 I

4, 9562,8222.134

r 3, 5031. 145

' 2, 358

7. 1580

33, 91929, 6274,292

105, 55668, 74165, 217

4,7082, 6432,0653, 4551,1702,285

6,4030

27, 52623,8353,691

66, 29265,14062,724

4, 997 4, 554

5,2212, 9562, 2653, 4601, 1142,346

r 7, 109793

• 20, 190• 17. 5612,629 |

5, 1562,9192,2373,6821, tO52, 577

r 7. 0077,857

' 20, 065' 17.5362,529

62, 979 j r 60, 39869.737 r 71,25665. 866 r 68, 459

5, 100 4,944

159.270217

162,285 ! 164,675220 I 220

r Revised.0 The publication of detailed foreign trade statistics has been discontinued for the duration of the war. b Discontinued by compiling agency.1 Data are for the quarter ended June.§ Data for 1939 revised; for exports, see table 14, p. 17, and for imports see table 15, p. 18 of the April 1941 issue.f Revised series. Revisions for southern pine, western pine, and west coast woods for 1939 (also revisions for 1938 for the latter group), appear in table 17, p. 17 of the

May 1941 issue. Revisions for 1940 and January 1941 will be published in a subsequent issue.*New series. The new lumber prices replace series shown in the Survey, through the March 1942 issue; data beginning 1926 are shown in table 11 (southern pine), and

table 12 (Ponderosa pine), p. 22, of the April 1942 issue. Earlier data on consumption and stocks of scrap iron and steel and consumption of pig iron not shown in the April1942 Survey will appear in a later issue.Digitized for FRASER




1942

M a y

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


METALS AND MANUFACTURES—Continued

IRON AND STEEL—Continued

Pig Iron and Iron Manufactures—Con.

Pig iron—Continued.Prices, wholesale:

Basic (valley furnace) dol. per long ton.Composite do . . .Foundry, No. 2, northern (Pitts) do_-_

Production! thous. of short tons.Stocks, consumers', end of month* do . . .

Boilers and radiators, cast-iron:Boilers, round:

Production thous. of lb.Shipments do. - .Stocks, end of month do.- .

Boilers, square:Production do_._Shipments do . . .Stocks, end of month do . . .

Radiators and convectors^Production.thous. of sq. ft. heating surface-Shipments do . . .Stocks, end of month do . . .

Boilers, rar ge, galvanzied:Orders, new, net number of boilers.Orders, unfilled, end of month do . . .Production do . . .Shipments do._.Stocks, end of month do . . .

Steel, Crude and SemimanufacturedCastings, steel:

Orders, new, total short tons..Percent of capacty

Railway specialties short tons..Production, total .do

Percent of capacityRailway specialties short tons..

Steel ingots and steel for tastings: fProduction thous. of short tons.

Percent of capacity!Prices, wholesale:

Composite, finished steel dol. per lb_.Steel billets, rerolling (Pittsburgh)

dol. per long ton-Structural step] (Pittsburgh) dol. per lb_.Steel scrap (Chicago) dol. per long ton..

U. S. Steel Corp., shipments of rolled andfinished steel products!..thous. of short tons..

Steel, Manufactured Products

Barrels and drums, steel, heavy types:Orders, unfilled, end of month thousands.-Production do

Percent of capacity©Shipments thousands..Stocks, end of month do

Boilers, steel, new orders:Area thous. of sq. ft..Quantity number.

Furniture, steel:Office furniture:

Orders, new thous. of dolOrders, unfilled, end of month doShipments do

Shelving:Orders, new doOrders, unfilled, end of month doShipments do....

Porcelain enameled products, shipments!thous. of doL

Spring washers, shipments* doSteel products, production for sale:f

Total thous. of short tons..Merchant bars doPipe and tube doPlates do.-. .

Percent of capacity*Rails thous. of short tons.Sheets, total do . . .

Percent of capacityStrip:

Cold rolled thous. of short tons..Hot rolled do

Structural shapes, heavy ___doTin plate . . -. doWire and wire products . do

Track work, shipments short tons..

23.5024.2025.89

905785

9,073

11,49410,42093, 749

4,3174, 57017, 002

31,45862, 70933, 62737, 63312, 382

98

.0265

34.00.021018.75

1,834

1,5511,78097.6

1,79634

3,2701,343

2,9083,4144,204

1,6062, 7631,115

14,349

23.5024.1525.894,600

1,8261,16714,834

25, 25416, 861125, 448

7,3855, 62132,140

89,15952, 96681,49582, 64137, 295

153,143130.870.191104,971

89.737.192

7, 045

.0265

34.00.021018.75

1,745

8901,58486.81.582

39

2,5601,372

4,6675,5794,298

1,2781,4541,207

5,491355

5,08547146147991.9185

1,140103.9

107160406287434

11,012

23.5024.1525.894,5531,834

1,7411,474

15, 096

25,31920,382

130,339

7,1336,453

32,817

105, 07672, 25880,02385, 78431,534

161,512138.0

80, 065113,988

97.445, 073

6,79398

.0265

34.00.021018.75

1,669

1,2141,61988.8

1,61939

1,5861,415

5,8517,3354,095

1,5251,8501,130

5,511375

4,754439449466

92.2168999

93.8

102154373292417

11,210

23.5024.1525.894,7711,964

1,8632,003

14,951

21,51426,426

125, 376

6,1518,671

30,263

85,07777, 80972,97079, 52624, 978

175,892150.3

77, 669112, 364

96.043, 320

6,81293

.0265

34.00.021018.75

1,667

1,3171,55885.4

1,54948

2,2701,601

4,9817,9394,349

1,1821,9321,082

5,608366

4,919443480482

90.6151991

90.4

99137366332404

10, 642

23.5024.1525.894,7911,940

1,9362,669

14,024

26, 50538, 894

113,130

7,09811,69625, 584

68, 85486,45163, 72960,21228, 495

147, 316125.9

52, 207117,703

100.644, 290

6,99796

.0265

34.00.021018.75

1,754

1,4971,59087.1

1,60037

1,4111,246

4,5988,0854,452

9991,7651,166

5,807338

5,234447485532

99.7146

1,01892.4

106130391360434

10, 236

23.5024.1525.894,7171,874

2,1482,741

13, 405

27, 59134,899

105, 759

7,67510,90122, 394

80,046101,016

58, 63565, 48121,615

115,06698.3

32, 882118. 543

101.343, 995

6, 81296

. 0265

34.00. 021018. 75

1,664

1, 4921, 71393.9

1,71140

1,7471,131

3, 9327,7864, 314

1,2842,0221,027

5,802348

5, 059431464519

112.2127954

88.5

104134372325420

10, 4E9

23. 5024.1525.894, 8561,655

2,0913,483

11,912

29, 46137, 36097, 896

8,26710, 49420,154

74, 581101, 60969,97273, 98817,599

117,516100.4

32,935135,272

115.649,891

7, 23699

.0265

34.00.021018.75

1,851

1,8501,78197.6

1,77743

1,341957

3,8967,3294,352

9871,8371,173

6,208321

5,471503531587

124.1161

1,05394.1

110136407342432

12, 403

23.5024.1525.894,7031,570

1,1331,922

11,168

21,10424,50293, 669

5,7877,695

18, 271

52, 60593, 96658, 81060, 24816,411

84, 53472.2

16, 549104,605

89.433, 383

6,96198

.0265

34.00.021018.75

1,624

1,7621,58686.9

1,60425

3,7551,310

3,4226,8403,912

8581,6781,016

5,371276

4,909456415564

122.8135945

87.5

101140381323396

11,711

I

23.5024.1525.895,0121,581

1,1151,448

11,182

19, 64217,38092,998

6,7637,390

17, 567

41,34380, 84455, 85654, 46517,785

113,03496.5

26, 839131,518

112.445, 640

7,15098

. 0265

34.00.021018.75

1,846

2,0471,859101.91,851

34

1,929997

4,6127,1054,338

8881,3651,058

5,598292

5,144490484629

132.6144889

80.1

106135369367398

12, 247

23. 5024.1525.894,9711,473

7321,48410,146

18,75617,04494, 832

6,7176,17518,106

42, 78172, 36650,55751, 25917.212

150, 551128.6

35, 723134,778115.2

46, 357

7,12595

.0265

34.00.021018.75

1,739

2,1491,952107.01,954

36

• 2,813' 1,010

4,4907,3354,236

1,0821,4051,042

5,143290

5,170511446700

118.213389581.7

101138403317407

10, 266

23.5024.1525.894,5021,400

7541,4089,493

17, 77319,08193,525

6,1996,781

17, 524

53, 80977,19049,21748, 98517,444

179, 880153.7

54, 409133, 726

114.345,013

6,52196

.0265

34.00.021018.75

1,617

2,2301,845101.11,848

34

2,3711,035

3,1946,3404,188

1,0941. 490994

5,289295

4,762485419726

134.812276577.5

83119354261352

13, 650

23.5024.1725.895,1131,286

1,0121,0839,421

16,21415,78993,950

6,4455, 65618,313

62,01076, 75064,84762, 45019, 841

211,081180.4

43,997146, 507

125.248, 335

7,393

.0265

34.00.021018.75

1,781

1,8932,416132.42,420

29

9,7092,824

3, 7515,5304,560

1,5101,8701,130

5,841341

5,273563465838

139.517185777. 7

82119392264403

14,107

23.5024.2025.89

1,232

1,071938

9, 554

15,02616,30192, 675

5,3996,38417,328

38,01468,88442, 42745,88016,388

191,195163.4

26, 558149,625127.8

45,158

7,12298

. 0265

34.00. 021018.75

1,759

1,7972,067113.32,046

50

3,7361,596

2,7554,1554,130

1,4182,2731,015

5, 560

13,002

r Revised. ©Data for 1941 revised after a special survey of the industry; for revised figures for all months of 1941, see p. S-31 of the May 1942 Survey.^Data for 1941 and 1942 include convectors and convector-radiators. Data for these items are included in part in earlier figures published in the Survey; 1940 data revised

to include these items for all reporting firms will be published later.•Data cover 9 firms beginning December 1941; the increase in reporting firms from 7 to 9 in late 1941 did not materially affect the coverage of the data.{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.§Beginning January 1942, percent of capacity is calculated on annual capacity as of December 31, 1941, of 88,566,170 tons of open-hearth.. Bessemer, and electric steel ingots

and steel for castings; data for July-December 1941 are based on capacity as of June 30, 1941 (86,144,990 tons), and earlier data on capacity as of December 31, 1940.tRevised series. Data on pig-iron production beginning 1913 are shown in table 38, p. 14, of the October 1940 issue. For data on steel production beginning 1917 and

percent of capacity beginning 1926 through 1939, see table 9, p. 16, of the March 1941 issue, and for subsequent revisions in 1940 data, see p. 49 of the June 1941 issue. Porcelain-enameled products revised beginning 1939 to include data for 99 manufacturers; for 1939 data, see p. 49 of the March 1941 issue. For steel products, production for sale beginning1933, see table 45, p. 14, of the November 1940 issue.

* Earlier data on pig-iron stocks not shown in the April 1942 Survey and earlier data on percent of capacity for steel plates not shown in the September 1941 Survey willbe published in a subsequent issue.Digitized for FRASER




1942

M a y

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary



NONFERROUS METALSMetals

Aluminum:Imports, bauxite long tons,.Price, wholesale, scrap, castings (N. Y.)

dol. perlb..Bearing metal (white-base antifriction), con-

sumption and shipments, total (60 manufac-turers)! thous. of lb_.

Consumption and shipments, 38 mfrs.0Consumed in own plants. doShipments do

Copper:Exports, refined and mfrs.§ short tons..Imports, total§ do

For smelting, refining, and export §.. .doFor domestic consumption, total* do

Unrefined, including scrap* doRefined* do....

Price, wholesale, electrolytic (N. Y.)dol. perlb..

Production:Mine or smelter (including custom intake)

short tons..Refinery do

Deliveries, refined, total... ..doDomesticcf doExport .do

Stocks, refined, end of month doLead:

Imports, total, ex. mfrs. (lead content) - -doOre:

Receipts, lead content of domestic ore. doShipments, Joplin district} do

Refined:Price, wholesale, pig, desilverized (N. Y.)

dol. perlb.Production from domestic ore..short tons.Shipments (reported) ..doStocks, end of month.. do

Tin:Consumption of primary tin in manufactures

long tons.Deliveries (includes reexports)0 doImports, total (tin content)* do

Ore (tin content)* doBars, blocks, pigs, etc do ...

Price, wholesale, Straits (N. Y.)--dol. per lb..Visible supply, world, end of mo, Jong tons.

United States (excluding afloat) do....Zinc:

Imports, total (zinc content)* short tons.For smelting, refining, and export*...do....For domestic consumption:

Ore (zinc content)* .doBlocks, pigs, etc., and old* do

Ore, Joplin district:}Shipments short tons.Stocks, end of month do

Price, wholesale, prime, western (St. Louis)dol. per lb.

Production, slab, at primary smelters:tshort tons.

Shipments, totalj do...Domestic* .do

Stocks, refinery, end of montht. --do

3,541

5281,711

.1178

101,68398,632

134,079134,079

077, 383

3,638

.065047, 78152,87429, 707

. 5200

Miscellaneous ProductsBrass and bronze (ingots and billets):

Deliveries short tons..Orders, unfilled, end of month do

Sheets, brass, wholesale price, mill.dol. per lb..

MACHINERY AND APPARATUS

Blowers and fans, new orders thous. of dol..Electric overhead cranes:

Orders, new doOrders, unfilled, end of month. .doShipments ._ .do

Foundry equipmentsNew orders, net total ..1937-39=100..

New equipment doRepairs do..

Fuel equipment and heating apparatus:Oil burners:

Orders, new, net number..Orders, unfilled, end of month doShipments doStocks, end of month. .do

Pulverizers, orders, new dor Revised.

34,4814,240

.0825

79, 48983,60166, 73618,447

.195

653.6730.2423.3

10, 68017,8439,17139, 277

39

49,732

.1100

6,480

9912,874

12,28554,9819,63745,34423,08322,261

.1182

90,34289,390148,301148,301

093,076

40,553

38, 7793,653

.058546,10469,38234,018

8.86010, 49013,069

913, 060.5216

40, 7777,205

28, 44718, 734

5,6654,048

35,1964,600

.0725

73,44973,09061, 69611,833

15, 39030, 535.195

74912, 8251,235

298.7291.2321.0

36,19422, 61228,84825, 682

84

121,484

.1100

6,378

7502,806

8,12041,4728,996

32,47616,96915, 506

.1181

82, 55888, 560

121,373121,331

4298,164

33,374

37,1553,824

.058538, 66957,96924, 265

7,90014, 88015, 2663,714

11, 552.5267

38, 6002,846

14, 7458 372

2 6383,735

36,9285,000

.0725

70,83771, 56961, 54611,101

15, 30830, 762

.195

8,818

1,76912, 9611,678

281.1273.3304.7

32, 52122,44832, 68527, 202

61

95,794

.1100

5,538

6992,838

11,07769,83816,47053,36816,23337,135

.1181

82,09986,879

150,111150,078

3374,384

22,160

36,4645,482

.058542,04854,06719,172

8,56012, 57516, 2851,520

14, 765.5335

5,864

11,4155,624

2,3623,428

44,8824,730

.0725

74, 64171,89462, 71413,848

15, 67230, 891

.195

2,06413,7441,287

358.1368.4326.9

28, 51123,11427,84533, 017

72

90,960

.1100

5,767

9832,696

10, 58971,15313, 37357,78019,87237,907

.1178

84,69585,426

119,937119,937

071,930

47, 891

38, 2284,576

.058539,10055,00515, 330

8,83013, 62517, 7196,144

11.575.5237

2,393

22, 7418,040

10, 9353,766

37, 6555,250

.0725

75, 52471,40360,86117,969

17,18030, 646

.195

1,13113,4981,364

312.9298.2356.9

31,14022, 88531,36931, 940

44

86,462

.1100

5,830

9113,066

10,19870, 58115,54655,03420,06334,971

.1178

81,83981,553

125, 585125, 585

063,670

65,401

38, 2595,603

.058541,37347,09313,148

8,83012, 71514,3112,115

12,196.5200

1,767

24, 34211 704

9 2233, 415

46, 2508.160

.0725

73, 22571,76764, 62319, 427

16, 38828,981

.195

9,579

2,09813,8141,923

363.8372.0339.2

34,14322, 32134, 70727, 294

42

(°)

.0936

5,621

7572,931

(°)(•)(•)(a)(•)(•).1178

86,01986,617

126,766126,622

14467,260

( a )

39,3903,883

.058537, 22143, 53710,735

8,7608,000(°)(a)(•).5200

1,127

(°)(-)

(«)(°)

39,2204,730

.0794

76,15673,98961, 52521, 594

(b)(b).195

1,76813,5032,071

403.8414.2327.2

27, 45118,35831,41427, 099

61

.0931

4,754

7232,548

.1178

84,71884, 799

124,645124,645

072,352

40,9304,291

.058541,56645,98013.671

8,2908,355

.5200

2,186

37,2675,130

.0825

74,86173,27361,01423,182

.195

2,23913, 7311,955

408.5417.4381.7

20, 20216, 74721, 81327, 304

43

.0938

4,753

8132,399

.1178

88,46389,940

138. 585138,585

075,564

40, 9014,977

.058548,82950,68020.185

9,5707,700

.5200

3,500

47,685900

.0825

78, 65477,77065,65824,066

.195

8,067

3,16314, 6542,216

481.2505.3408.7

23, 22518,05721,91528, 900

46

.0873

5,506

6972,795

.1178

88, 25490,017

130,467130,467

081,371

43,2243,231

.062843, 30753,03720, 531

.5200

28,8124,130

.0825

79, 27679, 41767, 25223, 925

.195

5,92718,4152,079

532.7570.6418.5

19, 78418, 58819, 25327, 639

109

.0869

3,745

5621,885

.1178

80,14881, 724

107,616107,616

77,329

41,8283,690

.065045, 63345,92024,830

.0875

4,599

5942,198

.1178

92,10689, 552

111,062111,062

079, 537

43,3975, 576

.065050, 91957, 59027,160

.5200

36,6872,550

.0825

73,47674,77559,95722,626

.195

5,57721,6222,197

567.9636.6361.4

16,00616,42817,99628,124

22

.5200

48, 224500

.0825

79,13980,06361, 56421, 702

.195

10, 205

9,62428, 5632,577

1,122. 31, 352. 7

428.8

14, 84417,05114,41229, 947

43

.0875

3,512

6671,418

.1178

r 94, 29590,672

106, 701106, 701

083, 789

43,1712,348

.065052, 04954,72631,374

.5200

34,1192,940

.0825

77,03476,17763,81922, 559

.195

1,089.31, 307. 7

432.1

10, 88316, 33411,600

' 34, 50962

' xveviseu. OData cover 37 manufacturers beginning January 1942, one having gone out of business.° The publication of detailed foreign trade statistics has been discontinued lor the duration of the war.b Deliveries are now reported for a larger number of companies than formerly and are not comparable with earlier data; no data for unfilled orders§Data revised for 1939; for exports see table 14, p . 17, and for imports see table 15. p. 18. of the Aoril 1941 issue.

;jtteviseu 10 inciuae loreign ores Degmnmg j anuary iy4u; see p . ts-6'z oi tne uctober 1941 survey for earlierd"Beginning March 1941, includes deliveries of duty-paid foreign copper for domestic consumption.IData for July, September, and December, 1941, and March 1942 are for 5 weeks; other months, 4 weeks.•New series. Earlier data for the new break-down of copper imports and the new series for tin and zinc imports will appear in a later issue. For domestic shipments of

zinc beginning January 1940, see p . S-32 of the October 1941 Survey.tRevised series. Data beginning January 1939 for the new series on bearing metal will be published later (see also note marked with a " t " on p. S-32 of the December

1941 Survey); one of 60 reporting manufacturers went out of business before January 1942.. For series on foundry equipment, see note marked with a " t " on p. S-32 ofthe September 1941 issue.Digitized for FRASER




1942

M a y

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary



MACHINERY AND APPARATUS—Con.

Mechanical stokers, sales:Classes 1, 2, and 3 ..number..Classes 4 and 5:

NumberHorsepower

Unit heaters, new orders thous. of dol..Warm-air furnaces, winter air-conditioning

systems, and equipment, new ordersthous. of dol..

Pumps and water systems, domestic, shipments:Pitcher, other hand, and windmill pumps

units..Power pumps, horizontal type doWater systems, including pumps .do

Pumps, steam, power, centrifugal, and rotary:Orders, new ..thous. of doL.

ELECTRICAL EQUIPMENT

Battery shipments (automotive replacementonly):

Unadjusted 1934-36=100..Twelve-month moving totalf doDomestic appliances, sales billed:

Combined index, excluding refrigerators:*Unadjusted index 1936=100..Adjusted index do

Ironers, household units..Ranges* doRefrigerators doVacuum cleaners, floor type doVacuum cleaners, hand type doWashers, household do

Electrical products:Industrial materials, sales billed...1936=100-.Motors and generators, new orders doTransmission and distribution equipment,

new orders 1936=100-_Furnaces, electric, industrial, sales:

Unit kilowatts.-Value thous. of dol...

Electrical goods, new orders (quarterly)thous. of doL.

Laminated fiber products, shipments doMotors (1-200 hp.):

Polyphase induction, billingst doPolyphase induction, new orders? doDirect current, billings doDirect current, new orders do

Power cable, paper insulated, shipments:Unit thous. of ft..Value -thous. of doL.

Rigid steel conduit and fittings, shipments*short tons.-

Vulcanized fiber:Consumption of fiber paper . . . . . thous. of lb_.Shipments thous. of doL.

4,722

33177,635

27,48097

24, 234

4,634

34,2103,177

22, 987

4,2281,215

14,155

23463, 238

40, 884993

31,885

5,298

95135

203.9161. 5

21,76765,359

433, 670156,816

42, 394206, 030

251.7429.7

303.0

9,689646

2,896

5,5837,3511,7933,595

1,3701,751

24,310

3,6351,177

21, 401

40093,5154,450

11,357

36,475975

32,270

2,613

137139

202.7183.920,283

378,054146,88935, 783188,365

237.1406.5

289.1

11, 626945

581,6752,791

5,4557, 7501,7254,257

1,3211,655

26, 838

3,7621,100

26.050

40391.051

46, 5721,17633,894

3,113

167142

204.521,24664,476339, 421155.84331, 977213,862

240.8444.1

335.9

11,644976

2,822

5,9836,2001,8674,512

1,5101,860

26, 540

3,5951,178

28,244

48791, 429

45, 6821,209

33, 503

3,692

228145

158.6162.918.47850, 759270, 543150,62027, 686148,811

243.0307.0

288.8

18,3121,522

2,803

5,7655,8251,7613,395

1,4181,729

27, 681

3,6831,302

26, 720

41883,2226,482

19, 552

39, 5271, 29532,400

2,459

246149

193.2193.314,54566,206164, 521182, 55033,239145,194

254.5370.0

360. 4

22, 2911,733

629,0283,102

6,0166, 5601,8433,057

1,2441,807

28, 879

3, 7851,183

22,888

40175, 296

41,3601,376

33, 907

2,394

253152

157.7167.815,91651, 730

132, 972127,19021,730147,390

272.8332.8

384.7

12,9241,060

3, 363

6,2986,9032,3142,903

1,4872,052

26,412

3,9581,202

10, 613

26453,020

37, 6681,498

28,221

2,368

182151

118.4167.1

10, 35238, 35092,034109,61820,367103, 288

238.1329.7

355.7

8,617646

2,997

5,3885,4102,0742,860

1,0671,536

24,817

3,5251,031

8,303

28972, 2297,062

15,001

31,663984

28,198

2,459

185153

142.8207.412.97448, 705100,572113,41614,446113,054

252.8425.2

283.7

12,2981,149

583,2143,151

6,9578,1762, 5524,602

1,0541,694

28,840

3,7381,107

6,350

24667,011

36, 8991,150

23, 700

4,138

111154

109.9138.112, 43930,196135,913102, 29221, 28893, 341

264.6

468.8

286.4

21, 5201,882

3,370

6,0617,0862,1403,974

9581,475

22,834

3,4541, 024

7,808

31681,890

37, 012359

24,376

5, 784

180162

136.0145.013,06739,945

108,77716,157

114, 242

247.0343.0

299.0

23, 9612,491

3,151

6,4177,4092,2943,056

9281,119

22,838

3,681956

10,972

29677,7705,481

7,423

40,342167

26,638

8,668

161169

'121.0••91.0

27,820

95,74116,029

283.0909.0

r 471.0

45, 6744,551

759, 0633,641

6,74313,1893,0978,313

6051,062

25, 572

3,9871,107

9,573

41689,318

• 37, 972219

• 27,989

4,334

91169

93.072.0

19,756

288.0859.0

472.0

148,55610,367

3,699

7,60412,6974,41810,196

578934

26,499

3,9001,145

PAPER AND PRINTING

WOOD PULP

Consumption and shipments:0§Total, all grades short tons._

Sulphate, total do_Unbleaehed. do.

Sulphite, total do_Bleached I.do.

Soda do.Groundwood do.

Exports, total, all grades*.. .~-~~~~!do.Imports, total, all grades*. do.

Sulphate, total* __do.Unbleached* do.

Sulphite, total* do.B leached* do.Unbleached* do.

Groundwood^ do.Production:§

Total, all grades do.Sulphate, total ~_do.

Unbleached do.Sulphite, total do.

Bleached do.Soda do.Groundwood do

Stocks, end of month:§Total, all grades. do.

Sulphate, total do.Unbleached _. .do.

Sulphite, total _ doBleached do

Soda IlZIIdo-Groundwood _ do.

850, 307386, 059324, 362246,102146, 90752, 366165, 78024,17595,17515,1949,942

61, 30033,69227, 60817, 629

845,948377,123314, 932243, 422146,15252, 983172,420

172,30029,10023, 00063, 90041, 7007,000

72, 300

814,436369,148307,785242, 084144, 52852, 332150, 87214,174

105, 03116, 44711, 90370, 59835, 21935,37916, 732

805, 562366, 050305, 192239, 069144, 50351,857148, 586

163, 40026, 00020. 40060, 90041,7006,500

70, 000

811, 364360, 235302, 328251, 650149, 40552, 229147, 25035,38790,50111,8587,79957,36928,93028,43920,149

779,753354, 337297, 521238, 725139, 92150, 766135, 925

131,80020,10015, 60048, 00032, 2005,000

58, 600

847, 576387, 475326, 769257, 727154,17454,141148, 23319, 378109,83115, 25510,55275, 11138.05537.05617,626

824, 760384, 345323, 261250, 462147,21454, 587135, 366

109, 00017,00012,10040, 70025, 2005,500

45, 800

811,093367, 850313, 576245, 856143, 06551,031146, 35613, 82898,02714, 5309,75765,15832, 52432, 63416,804

797,725366, 776312,949243, 713142, 00050, 008137, 228

95, 60015.900Hi 50038, 60024, 2004,500

36, 600

880, 755397, 927340,950264,398354,60454, 995163, 435

8

875,835398,339340, 275266, 944155, 66754, 332156, 220

90, 70016, 30010, 80041,10025, 2003,800

29, 400

859,056379, 349324,881259, 516144, 39654,167166,024

863,786378, 087324, 352259, 685143, 45853, 594172, 420

95, 40015,10010, 30041, 30024, 3003,200

35, 800

847, 617374, 877325, 665258,254147,80253,276161, 210

847,732373, 737324, 942253, 004145,13853, 413167, 578

95, 50013,9009, 60036,10021, 6003,400

42, 200

903,188402,996348,105270, 666153, 99256, 543172,983

918, 085405, 729349, 677274, 724156, 25256, 505181,127

110, 50016,70011,10040,10023, 9003,400

50, 300

373,289318,510248,964140,78451,814

152,430

827,823371, 572317,977246,942141,54452,124157,185

111,80014, 90010, 60038,10024, 6003,600

55,100

921,872422,107367, 071272, 530154,83457,161

170, 074

945,385426,818371,045277,408158,44057,120184,039

135,10019,70014,60042,80028, 2003,60069,100

916,497416, 206361,061279,045162,74954,635166,611

912,434412,784358, 580265,639150,65754, 368179,643

131,10016,20012,10029,40016,1003,30082,100

r Revised. » Preliminary. » See note "«," p. 30. •Domestic pulp used in producing mills and shipments to market.t Shown in 1940 Supplement and monthly issues through February 1941 as A. C. motors. ^Data revised for 1939; see table 15, p. 18 of the April 1941 issue.§ Data have been revised beginning January 1939; the revised data will be published in a subsequent issue. All data shown above are estimated industry totals fur-

nished by the U. S. Pulp Producers Associatian.*New series. For data beginning 1931 on unit sales of electric ranges, see table 52, p. 18 of the November 1940 issue (for revision in note regarding coverage of the data,

see note marked with an "*" on p. S-33 of the October 1941 Survey). Data beginning 1937 for shipments of rigid steel conduit and fittings are shown in table 34, p. 26, ofthe November 1941 Survey. Earlier monthly data for the indexes of domestic appliances are shown in table 38, p. 21. of the January 1942 issue. Data beginning 1913 for ex-ports and imports of wood pulp are shown on p. 13 of the October 1940 issue.

tRevised series. This series replaces the adjusted index; earlier data will a]ppear in a subsequent issue.




* 1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


PAPER AND PRINTING—Continued

WOOD PULP-Continued

Prices, wholesale:Sulphate, Kraft No. 1, unbleached*_dol. per 100 lb.Sulphite, unbleached do

PAPER

Total paper, inch newsprint and paperboard:fProduction short tons.-

Paper, excl. newsprint and paperboard:fOrders, new .short tons..Production__ __.doShipments.. do

Book paperrcfCoated paper:

Orders, new short tons..Orders, unfilled, end of month doProduction do

Percent of standard capacityShipments short tons..Stocks, end of month do

Uncoated paper:Orders, new doOrders, unfilled, end of month doPrice, wholesale, " B " grade, English finish,

white, f. o. b. mill dol. per ICO lb_.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 do.._Stocks, end of month do . . .

Newsprint:Canada:

Exports. _ doProduction do . . .Shipments from mills do . . .Stocks, at mills, end of month.. . do . . .

United States:Consumption by publishers . do . . .Imports do . . .Price, rolls (N. Y.) dol. per short ton.Production short tons.Shipments from mills do . . .Stocks, end of month:

At mills do . . .At publishers do . . .In transit to publishers do . . .

Paper board:Consumption, waste paper do . . .Orders, new doOrders, unfilled, end of month... do . . .Production do . . .

Percent of capacityWaste paper stocks, at mills .short tons.

PRINTING

Book publication, total no. of editions.New books _ doNew editions do

Continuous form stationery, new ordersthous. of sets..

Pales books, new'orders thous. of books.

8,8964, 86711,20140.1

11,16113, 570

88,99255,412

7. 30114,111

89.4111.08855 .rS6

247, 983251,831266,443169,409

242,372

50.0080,04076,612

16,076384,75839, 025

1,036818218

169,90418,101

3.5633.463

,146,217

599, 989529, 018540,170

33,03920, 61323, 971

84.124, 57913, 281

165,927119,533

6.55134, 371

100.6136,29649, 687

68, 73066, 47552,81955, 58059,356

210,195179,794195, 764201,33079, 864

268, 706284,767291,112174,044

260,827276, 256

50.0090,91391,689

13,527252,38151,197

377, 595572,522370,151526,286

89.4269,737

1,051887164

203, 32724,470

3.6253.463

1,089,552

558, 810501,177515,878

26,13223, 35422, 913

86.823, 38812, 745

139, 598124, 865

6.80128, 939

105.1130,58947, 614

66, 94779, 56049,18651,20157,838

194,352193,056181,924181,92879,083

263, 659273, 697281, 843165,898

242, 404252,872

50.0083,96285,424

12,065277,68149,6S7

374,185525,325383,534504,413

92.3264,631

894708186

262, 59126,137

3.6253.463

1,090,981

576,166504,162522, 296

24, 96724, 74123, 80886.7

23, 90512,587

143, 528136,394

6.95126, 564

101.6129, 22443, 755

71,168102. 59149, 62953, 66451,194

195, 280199, 691184,619186, 70677,634

303.126293,483300, 236159,145

215,012247,103

50.0083,19984,641

10, 623320,60240, 451

384, 765569,252435, 891503, 620

85.6272,317

695593102

195,36126,219

3.6253.525

1,156,900

572,131528,192537, 925

28,11327,50325, 248

91.225, 27312,637

139, 643143, 209

7.30138, 599

107.2136,18047, 932

76, 968120,60254,07356, 52349,078

195,492200,233190, 581195,01770, 545

275, 223293,054296. 985155,214

224, 361254, 894

50.0083,59280,756

13,459345,15838,706

411,073565,853452,966545,116

95.9237,339

985774211

219,32626,544

3.6253.713

1,132,309

546, 476515, 247522, 578

21,03224,77224, 791

92.224, 69212, 762

134,790145, 861

7.30128,983

105. 0132, 72043, 828

65, 527126,09755,11556,06248,970

183,054199,450186,853185,41871,809

293,181298,276305,010148,480

239,098242,570

50.0078,65780, 252

11,864341,88446, 608

422, 361542,792444,736538, 405

95.0218,257

903780123

271, 20327,878

3.6253.713

1,238,030

561,183567, 294581,324

24, 27621,64629,049100.0

28, 70313, 514

135,649134,649

7.30145, 887

111.0146, 52343,115

66, 982131,87659,60763, 82643,923

197,035191, 666204, 790205, 92170, 770

321,664318, 787304, 685162, 582

262,488(a)50.00

87,06887, 318

11,614334, 52946, 570

464,446595,634446,023583.668

98.9189,163

874767107

299,59128,278

3.6253.713

1,161,122

494,691541,855541,125

20, 30017, 67725, 859

96.225, 62813,713

115,160119, 869

7.30136, 659

109.8133, 06747, 271

52, 773127, 73458, 24260, 05342,430

171,950176,775186,799188,07668,960

300,308320,860142,030

263,889

50.0082,62184,331

9,904333,12053,459

419, 770527,829433,788536,646

98.5167,424

1,190982208

223,49224,859

3.6253.713

1,177,426

523,096550,696557,951

19, 28614,72325, 526

91.325, 43513, 745

120,759107, 441

7.30132, 236

102.6133, 45845, 273

51, 948119,84760,17660,88141,318

195,773172, 528197,408196,88070,422

298, 380300, 823319,282123, 571

274,471

50.0081,68083,998

7,586330, 25955,037

437,902521,866404,121545,050

92.6186, 522

833716117

261,91323,307

3.6253.713

1,249,415

'570, 366••584,728'579,162

21, 35413,13825, 439

87.625, 38013,719

137,942106,153

7.30143, 583

108.9141, 82845, 968

r 66, 766115,708r 61, 766* 62, 79239, 674

205, 436167, 838211,630211,88070, 689

268 110311,904291,998143,477

231,961

1,132,586 1,224,846 1,193,642

r 490,358 536,195'525,743 | r 565,981r 524,645 r 549,859

50.0084,62880, 787

11,427366, 236

46, 362

425, 878581,502406, 348580, 059

96 8181,456

3.6253.713

3.6253.713

14,9,

19,

769413661

76.219,13,

110,92,

958408

708394

7.30129,403

109.3128,71246,738

' 53,211112,775' 55, f 98' 57,926r 37,024

181,150161,842187,990185,34870,039

254,799278,101264,621156, 957

216,109

50.0076, 23475, 247

12,414370,10155, 336

390, 276508, 272389,700530. 609

98.1198,659

753 804645 674108 130

262,61324, 979

257, 79122,806

13,7086, 523

17, 20061.5

17,02713,696

119,34881,642

7.30133, 316105.0

130, 26649,733

«• 55,029104,915' 62,468r 61,052'38,120

203,361160,881208,188203,32374, 091

269,749295,835308,166144,626

251,042

50. 0080,92382,176

11.161368.52047, 376

438,591542, 432349,434577, 942

98 6241,178

743586157

300,71722,878

479,797560, 320542,825

13,4014, 922

15,46755.3

15.39913,543

106,69008,283

7.30124. ("07

98. 2121,980

52, 335

46,51279,87862, 22359,57340, 321

199, 272151,056210,318209,120

75, 598

230,324277, 741238,346184,021

238,493

50.0082,66981,182

12,648383,38444,843

411,110495. 547297, 904550,653

94. 0308, 963

782657125

206, 07819,672

RUBBER AND PRODUCTS

CRUDE AND SCRAP RURBER •

Crude rubber:Consumption, total. long tons..

For tires and tubes (Quarterly) doImports, total including latext doPrice, smoked sheets (N. Y.). . . .dol. per lb._Shipments, world?.. long tons..Stocks, end of month:

Afloat total doFor United States do

British Malaya doUnited States ' do

Reclaimed rubber:Consumption doProduction doStocks end of month do

Scrap rubber consumption do

71,365

101,404.239

126,330

260,000147,45991,104

359, 234

21,40522, 77535, 871

84,912147 045

64, 577.219

127,659

290,OCO175,49990,C06

339,108

22, 55923, 75036, 26553,311

68, 653

97, 081.222

131,133

270,000132,30491,189

375, 605

21,72523,11136, 751

55, 365

106, 540.227

127,634

250,00090, 59191,478

426, 253

20, 86424,11139, 099

53, 655115,74983,151

.226164, 968

280,000141,756

79, 296455, COO

24,03224,67838, 05556, 138

60,418

(-).232

113, 548

285, COO172, 633

98, 724454,711

25 009?6, 56038,604

.231 .241 . 239

T Revised. J Includes Government reserves. a The publication of detailed foreign trade statistics has been discontinued for the duration of the war.JFor monthly data for 1913 to 1938, see table 28, p. 18 of the May 1940 Survey; for revised data for 1939, see table 15, p. 18 of the April 1941 Survey,cf The number of companies reporting has fluctuated to such an extent that tonnage figures are not comparable from month to month.§Data are from the Statistical Bulletin of the International Rubber Regulations Committee; see note marked " § " on p. S-34 of the February 1942 Survey,tRevised series. For revised data for the indicated paper series beginning 1934 see table 43, pp. 12 and 13 of the November 1940 Survey except for subsequent revisions

in total paper beginning February 1939 through February 1941 which will be published in a later issue.*New series. Data beginning 1926 on price of sulphate wood pulp will be shown in a subsequent issue.•The publication of rubber statistics has been discontinued.




1942

M a y

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


RUBBER AND PRODUCTS—Continued

TIRES AND TUBES

Pneumatic casings:Production _ - thousandsShipments, total ..do

Original equipment doReplacement equipment doExports do

Stocks, end of month . . . . . . . . do . . .Inner tubes:

Production ... _ . . _. do . . .Shipments, total do

Exports doStocks, end of month do

Raw material consumed:Crude rubber. (See Crude rubber.)Fabrics (quarterly) thous of lb

RUBBER AND CANVAS FOOTWEAR

Production, total thous. of pairs.Shipments, total doStocks, total, end of month do

3,5023,8275,947

6,0917,6762, 6994,817

1608,373

5, 8396,310

1097,686

6,0845,134

13, 223

6,3797,6022,5954,871

1367,088

6,2646,908

1047,010

88, 614

6,2785,668

13,834

5,5786, 4501,9984,309

1436,235

5, 2785,917

896,357

4,7896,366

12, 256

4,9835,3941,1224,132

1405,834

4,4364,780

1056,071

5, 5436,990

10,809

4, 5635, 2591,4693, 661

1295,154

4,1434, 792

905,431

78, 638

5,8447,4229,228

4,8345,8671,994(k)(a)4,123

4,1375,143(a>>4,448

6,8487,4338,650

3,9644,0481,804

4,043

3,7253,825

4,377

6,3626,2878,725

2,9672; 6041,289

4.417

2,7292,390

4,678

6,5326,0869,170

1,3691, 231

985

4, 550

1,32*1,257

4,712

5, 5456, 3008,315

1.1131,116

4, 553

1, 0511,099

4,678

4,7535,2137,907

1,1561, 027

4,809

1,129986

5,026

4,4795,2476,803

1,1001,557

5,175

1,1411,299

5 892

3,8844 1716,272

STONE, CLAY, AND GLASS PRODUCTS

ABRASIVE PRODUCTS

Coated abrasive paper and cloth:Shipments reams.

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

Common brick, price, wholesale, compositef. o. b. plant dol. per thous...

Floor and wall tile, shipments:Quantity _ thous. of sq. ft..Value thous. of dol_.

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* doWide mouth, food* doPressed food ware* . . .doPressure and non-pressure* doBeer bottles* doLiquor ware* doMedicine and toilet* doGeneral purpose* doMilk bottles* do . . . .Fruit jars and jelly glasses* do

Stocks, end of month doOther glassware, machine-made:*

Tumblers;Production thous. of doz._Shipments doStocks .do

Table, kitchen, and householdware, shipmentsthous. of doz..

Plate glass, polished, productionthous. 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 do . . .Calcined:

Building plasters do . . .For mfg. and industrial uses do . . .Keene's cement do . . .Board and tile, total. thous. of sq. ft.

Lath _ _ -do. . .Tile . . . d o . . .Wallboard . . d o . . .

110,645

16,11977.0

16,34924, 8826,241

13. 216

7,1921. 1126,997419

1,48949508

1.158'8141, 733441259104

9,489

4,3101,55795.9

135,571

14,732C9.4

16, 04822, 7456,005

12.434

6,1721,629

3,61228, 622

6,243* 93.46, 398327

1,21149779548988

1,608455271136

9,244

5,5485,0557,896

3,372

18, 3941,28278.9

130,852

15, 22374.0

16,10921, 8655,757

12. 504

6,3401,694

3,38428, 778

6, 16896.06,867358

1, 44947763605

1,0271,695479260165

8,397

4,8574,8637,820

3,069

18, 5341,30480.3

326, 2481,197,6891,026,987

365, 682

523, 21838,2227,672

709,282472, 69611,267

225, 319

146, 734

16,00074.9

16,68721,1785,522

12.582

7,1921,929

4,05628, 711

6,32594.76,400497

1,32144694493811

1, 608401277200

8,176

4,5414.3827,899

2,903

12, 4631,28178.9

173,022

16, 34576.5

17, 82519,7325,219

12.715

6, 7011,890

3,90627, 813

6,844102.46, 8-17

8671,308

39• 479

432925

1,820414302239

8,052

4,8794,8267,872

3,857

14,1261,26778.1

141,985

16,11578.3

18, 28417, 5614,804

12.853

6, 3301,816

5, 87324, 630

6.37099.16,9681,0081,2G9

45331401

1,0741,891417342158

7, 321

4,4074,9987, 208

3, 427

14,9061,12369.2

366, 5191,335,9051,099,244

368, 209

577, 84041, 5698, 854

718,415479, 7949,133

229,488

138, 555

16, 68878.6

17, 83316,4174,192

12.876

6,8311,932

4, 55124, 694

7,016101.16, 244389

1,24255310408

1. 0422.02246428510

7,948

4, 8374,9376,975

4,082

15,7691,52493.9

138,327

14, 93172.7

13, 72417,6384,250

12.921

5,2891,501

3,11317,211

6,187100.35, 29524097442316260

1,0561,7663812423

8,711

4, 6583,5847,903

3,279

14,2771,30080.1

199, 373

13, 81064.8

11,511• 19, 9254,575

12. 935

5.0291, 432

1,73517,122

6, 04390.4

4, 965214S6239332395843

1, 6403742454

••9,610

4,3463,2368,936

2,553

10,3111,6961U4. 5

()1,361,0341,088,745

317,781

436, 25536,1306, 841

843,920567, 3937,398

269,129

111,700

' 12, 36058.6

' 9, 115•23,1685,020

13. 100

3, 5841,077

1,04617, 948

6,75596.55,877271

1,19145352524905

1,88439925729

10, 228

5, 3504,1.438,797

2,587

9,1431,639100.9

130, 525

10, 78757.0

r 8, 29325, 6685,840

13.165

3,6891,047

785• 18,823

5,96596.16,141

3521,319

37408601917

1,74142922497

r 9. 950

4,5953,9219,376

3,112

5,6001,45789.7

109, 508

12, 733' 61.012, 56325, 8316,570

13. 215

3,9441,119

2,07518, 992

6,935103.1

r 7, 073588

>• 1, 51749503737983

1,806514243106

r 9, 450

4,8044,4829,260

3,278

5,5651,58397.5

(a)

1,066,362817,856

285, 755

352, 31634,1145,904

559,498348, 0616, 490

204, 947

14, 06869.0

14,774• 25,112r 6, 656

13.209

3,9051,147

1,98319,598

6,921102.96,830454

1,55451

479868838

1,757448234125

9,417

4,5584,6109,156

2,876

5,5701. 644101. 3

' Revised. • The publication of detailed foreign trade statistics has been discontinued for the duration of the war. *> Data not available.*New series. Data for glass containers for the period January 1934-December 1939 are shown in table 49, pp. 16 and 17, of the November 1940 issue; minor revisions for

1940 for wide-mouth food containers and liquor ware not shown on p. S-35 of the September 1941 issue, and also revisions for 1941 not shown on p. S-35 of the June 1942 Surveyare available on request; earlier data on glassware other than containers are shown in table 2, p. 17, of the January 1941 Survey.

| Data revised for 1941; revisions for January-March not shown in the Survey are minor and are available on request.




1942

May

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


TEXTILE PRODUCTS

CLOTHINGHosiery:

Production thous. of dozen pairs..Shipments d o —Stocks, end of month do

COTTONConsumption bnles.Exports (excluding 1 inters) § doImports (excluding linters)§ do._.Prices received by farmers dol. per 1b.Prices, wholesale middling lVi6", average 10 mar-

kets do.Production:

Ginnings (running bales)•---thous. of bales.Crop estimate, equivalent 500-lb. bales

thous. of bales .Stocks, domestic cotton in the United States,

totalcf thous. of bales-On farms and in transited doWarehouses.- - --- do . . .Mills do.. . .

COTTON MANUFACTURES

Cotton cloth:Exports^ thous. of sq. yd..Imports! . . . d o —Prices, 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 d o —Dyed, black d o —Printed do . . . .

Spindle activity:Activp spindles thousands-,Active spindle hours, total. .mil. of hrs_.

Average per spindle in place hours ..Operations percent 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, viscose, 150 denier, first

quality, minimum filament*---dol. per lb . .Stocks, yarn, end of month}: mil. of lb_.

Silk:Deliveries (consumption)© bales--Imports, raw§ thous. of lb_.Price, wholesale, raw. Japanese, 13-15 (N. Y.)

dol. per lb . .Stocks, end of month:

Total visible stocks— bales-United States (warehouses) O do

WOOL

Imports (unmanufactured)§ thous. of lb_.Consumption (scoured basis) :̂

Apparel elassA . doCarpet classA do

Machinery activity (weekly average) iLooms:

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 doSuitine, unfinished worsted, 13 oz. (at mill)

dol. per yd. .Women's dress goods. French serge, 54" (at

mill) dol. per yd. .Worsted yarn, Vsz's, crossbred stock (Boston)

dol. per lb_.Receipts at Boston, total thous. of lb-.

Domestic doForeign _ .do

11,91311,50020, 804

957, 015

.192

.200

20.88.090.108

193, 723142, 8895, 45872, 813

23,12111,193

465138.4

.426

.515

37.6

.5506.8

44,352

2,79181145

124, 204116, 753

239

1.20.52

1.800

12, 62111, 75025,493

923, 51871, 55030, 853.117

.124

14,023800

11,3631,860

44,972

20.85.080

182,003145, 612

119, 222

23,00410, 276

422121.7

.366

40.21,304

.5305.8

22, 4403,509

2.886

214, 71150, 341

74, 954

40, 71610, 904

2,49291241

106, 881119,838

218

1.08

.45

2.030

1.2751.594

80, 36029,17751,184

12, 53111,93326,183

875, 81275, 23626,108.128

.138

13,099727

10, 5281,844

39, 0392,929

21.84.088.093

158,569125, 2825,89096, 871

22, 9959,938408

121.5

.365

.433

38.31,457

.5304.6

24, 2513,895

3.019

204, 60653,436

84, 759

41,81611, 260

2,591

110, 590125, 606

231

1.08.46

2.030

1.312

1.63882, 82732, 83749,990

12, 90012, 88926, 235

929, 78261,11017, 243.143

.156

12,026585

9,6401,801

41,1944,275

19.06.078.095

168, 211134, 5846,36098, 704

23,02810, 537

433123.0

.373

.433

39.4576

.5303.6

28, 5282,347

3.049

47, 208

72,008

46, 60511, 465

2,43186212

107, 780118, 002

210

1.07.47

2.089

1.312

1.67581, 23242, 78038, 452

11,49913,78523, 991

874,11334, 96743, 322

.153

.161

504

21, 62810, 7749,2331,621

49, 5763,075

20.53.080.095

171,667132,1776,113

97, 283

23,02910,253

421125.3

.413

.475

37.3228

.5304.2

2,069332

3.080

()53, 988

63,010

39, 71211, 256

2,60690251

117, 876125, 902

211

1.05.46

2.129

1.330

1.70061, 33626, 57034, 765

11,97413, 77122, 236

875, 682189, 21525, 413

.175

.171

4,713

20,9927,99011,4531,549

46, 9855,535

20.01.080.095

185, 786138, 4376,369

98, 757

22, 96410,407

429123.7

.429

.481

37.0743

.5424.9

4,6851,003

3.080

53,008

61, 658

41, 76411,212

2,52393240

113,084123, 512

223

1.06

.48

2.228

1.3911.740

39, 7049,66130,043

14,10714,97721, 409

161,40,696

.166

.165

7,964

19,8864,71213, 2681,906

20.45.080.094

188,594143, 7187,116

98, 297

23,04311, 232

463125.8

.479

41.7

.5505.4

4,160

3.080

57, 508

(°)

51, 99513, 980

2,54694246

112,567127, 257

232

1.08.49

2.228

1.411

1.76326,25311, 73514, 518

12, 50112, 58521, 367

849, 733C)(°).158

.164

9,596

18,8182,73813,9152,165

20.34.081.095

170,132131, 7276,04278,572

23,0699,901409

129.4

.385

.471

38.5

.5504.5

5,676

3.080

(2)55, 486

40, 66010, 700

2,52189229

108,127122, 409

220

1.11.49

2.228

1.411

1.80037, 57117, 28120, 290

12, 55511,93822,026

887, 326

.162

.173

9,915

()13, 6582,299

20.30.083

180,792126, 6776,750

91, 674

23, 06310,540

437124.0

.395

.481

39.3

.5503.8

43, 69611, 708

2,70678

227

110,157129, 890

233

1.13

.49

2.228

1.411

1.8009,658

13,147112,869

22, 304

945, 909

.169

.190

10, 240

()12,805

2,388

12, 20412, 75921, 749

893, 745

.178

.192

12, 95113, 50621,194

966, 631

.181

.196

10, 495

12, 72913, 53320, 390

998, 754

.190

.202

i10,742

20.32.086.103

192, 229133, 624

8, 54782, 267

23, 07711,364

471136.9

.414

.500

.5504.8

3.080

20.32.087.104

176,227126, 465

6,55383, 791

23,07810, 457

435135.9

.413

.504

36.0

.5504.4

3. 080

44,4805,828

2,85089

227

118. 654120. 806

243

1.14.49

2.228

1.411

1.800

7,555

• 40, 972' 5, 784

2,61686

221

117,130101,015

231

1.16.52

2.320

1.800

20. 25.088.105

191, 654145, 169

6, 01088, 674

23, 09611,374

473134.3

.419

. 506

40.0

. 5504.1

3.080

• 53, 8806,555

r 2, 602' 9 5

r 177

116,996r 99, 935

231

1.18.52

2.599 !

20.29.089.107

194, 328148,023

5, 33875. 962

23.10011,463

476135. 3

.425

.516

' 3 7 . 6

.5505.4

44, 5122,524

2,74986

139

124, 423114, 475

241

1.20.52

2.59

1. 800 1. 800

••Revised. a See note " a " , p. 37. 11941 crop. »Data discontinued.§Data for 1939 revised; for exports, see table 14, p. 17 and for imports, table 15, p. 18 of the April 1941 issue. • Total ginnings to end of month indicated,^Data for July and October 1941 and March 1942 are for 5 weeks; other months, 4 weeks. No data were collected for the week December 28, 1941, to January 3, 1942.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.

subsequent issue.f R e v i "cfRevised monthly data for August 1939-July 1940 will be shown in a subsequent issue.

©Beginning September 1941 certain amounts of raw silk were returned from mills to warehouses: these amounts are reflected in warehouse stocks and should be deductedfrom the wimuJative figures for deliveries. The number of bales returned were as follows: Sept., 542; Oct.. 7,927; Nov., 2,717.

ABeginning 1942, domestic and duty-paid foreign wool are classified as apparel and all free foreign wools are classified as carpet. Formerly duty-free foreign wool not finerthan 40s used m press cloth, knit or felt boots, or heavy-fulled lumbermen's socks (incompletely reported prior to September 1941) was classified under apparel wool and thecarpet-wool classification included a small amount of duty-paid wool. Data for 1941 as shown in the Survey beginning with the April 1942 issue have been revised for compari--son with 1942 data.




1942

M a y

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


TEXTILE PRODUCTS—Continued

WOOL—Continued

Stocks, scoured basis, end of quarter, totalKthous. of lb_.

"Woolen wools, total _ _ do _Domestic doForeign _ _ _- do

Worsted wools, total doDomestic - - _ doForeign _ do _-

MISCELLANEOUS PRODUCTS

Fur, sales by dealers thous. of dol..Pyroxylin-coated textiles (cotton fabrics):

Orders, unfilled, end of mo.-thous. linear ydPyroxylin spread thous. of lb_.Shipments, billed thous. linear yd..

5,966

6,1377,3517,950

208, 34562, 21331, 79030,423

145, 97053,93092,040

5,323

9,5587,4647,479

4,779

8,0706,4737,543

5,349

10,0387,1427,703

191,55665, 50835, 30430,204

125,65257,33468,318

4,297

8,7477,0978,017

1,441

9,C097,4887,841

790

8,2066,6987,097

190, 78071,97135,86236,109

118,53941,68076,859

564

7,8256,6377, 398

2,828

7,1126,1816,745

6,308

7,5845,6596,464

0)0)0)0)0)0)0)

5,704

7,7975,4036,652

7,3005,6696,689

TRANSPORTATION EQUIPMENT

AIRPLANESExports§ number..

AUTOMOBILESExports:

Canada:Assembled, total number..

Passenger cars doUnited States:

Assembled, total § doPassenger cars§ doTrucks!- do

Financing:*Retail, passenger cars, total...Jan. 1942=100..

Nrw Cfirs- doUsed cars.. do

Retail automobile receivables outstanding,end of month Dec. 31, 1939 = 100..

Frofuction:Automobiles:

Canada, total. __...number..Passenger cars do

United States (factory sales), total...doPassenger cars doTrucks do

Automobile rims thous. of rims.-Begistrations:J

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 1o wholesalers doService equipment to wholesalers do

RAILWAY EQUIPMENT

Associatkn of Arrerican Railroads:Freight cars, end of month:

Number owned- thousands.-Undergoing or awaiting classified repairs

thousands..Percent of total on line

Orders, unfilled cars.-E q u i p n e r t manufacturers doRaihoad shops do

Locomotives, steam, end of month:Undergoing or awaiting classified repairs

number.-Percent of total on line

Orders, unfilled - number. ,Equipn ent manufacturers doRailroad shoi s do

U. S. Bureau of the Census:Locomotive s, railroad:

Orders, unfilled, end of mo., total doSte&mf doOtherf-. - - - - - - do

Shipments, totalf -doSte8mt - -doOthert - d o . . . .

14,444941

128174183

1,731

633.7

48, 35131, 44016,911

2,9307.5395348

47

1,5867168701115061

511

14,457496

21,9699,012

12,957

4671,361

251

163

26, 5859,840

518, 770417, 698101,072

2,408

515,03472,170

235, 679

217,120265, 750

252

282136215208

1,656

945.8

64,02749,10814,919

734205529872265

352

13,000378

13,4814,0569,425

4481,253

253

171

25, 7538,538

520,525418,983101,542

2,309

443,47062, 265

240, 748

224,119235, 817

258

279140231229

1,661

855.2

91,41669,14022,276

5,18113.123120130

4,86212.326523431

876255621799

70

360

22, 4862,099

12,9756,9586,017

3961, C67

234

176

24, 6543,849

444,243343, 748100,495

2,061

391, 79567,412

224,517

204, 695195,475

242

248154253221

1,666

794.8

88,26666, 64121, 625

4,60711.730026634

942297645871176

533

16,9323,263

20, 6166,706

13, 910

325806209

17,1923,160

147, 60178,52969,072

1, 532

246, 59556,191

29, 268

19, 69084,969

246

258160242216

1,671

784.7

89,91765,81424,103

4,20810.731726948

964297667878

79

619

15, 6782,279

13, 399

196419142

14,4962, 548

234,255167, 79066,465

1,811

125, 29343, 892

89, 300

81,16952,829

282

271170298290

1,676

734.4

86,94363, 60723, 336

4,02210.2

46

917285632791267

11,1441,052

201483133

164

19, 3605,635

382,009295,56886, 4412,024

165, 48541,352

179,120

162,543103,854

286

280174302287

4.178,97457, 58421,390

3,7789.628424044

9212686531022775

11,798997

179429118

157

21, 5457,003

352, 347256,10196, 246

1,864

164,74736, 799

171,412

153, 904126, 281

270

271173267288

1,689

684.1

75, 55952, 56322,996

3,6349.2281256

25

1,022364

5,981658

196463132

149

20,3136,651

282, 205174,962107, 243

1,677

174,18841,006

281

286174297255

1,694

623.7

73,69750, 66123,036

3,3708.625823721

1,210526684962274

11,002246

1001001C0

139

21,7514,249

238, 261147, 85880,403

1,271

64,60323, 3£6

225

265144229217

1,701

613.6

66, 87045, 79821,072

3,3788.624922920

1,197522675891970

11,5991,146

632273

128

20,1813,989

134,13452, 20081. 934

823

19,17710,311

139231201

1,709

613.6

69, 40249,93919,463

3,2318.2300282

18

1,2735517221002872

12, 222546

20,1883,192

94, 5106,216

88,294669

141234202

1,718

9,723611

584262

105

130205198

1,726

68,47,20,

3,

1,

603.5316985331

2288.2426372

54

3325897431255768

623.6

58,12939,80418, 325

3,1147.9408357

51

1,4256697561326270

'•Revised. ° The publication of detailed foreign trade statistics has been discontinued for the duration of the war. b Discontinued.i Because of changes in the classification of stocks, figures are not available on a comparable basis with data formerly shown. Stocks of wool finer than 40s, other than wool

afloat which is no longer available for publication, as of April 4, 1942, and approximately comparable earlier data are as follows (thousands of pounds): April 4, 1942—total,166,132; domestic, 59,876; foreign, 106,256; December 1941—total, 142,378; domestic, 77,253; foreign, 65,125; March 1941—total, 104,679; domestic, 44,115; foreign, 60,564.

^Does not include Australian wool held by the Defense Supplies Corporation. The total includes for June, September and December 1941 a comparatively small amountof certificated wool in licensed warehouses not included in the detailed figures.

§Data revised for 1939. See p . 17 of the April 1941 Survey; see also note marked " § " on page S-37 of the November 1941 Survey for explanation of revision in 1940 data onexports of airplanes.

*New series. Beginning January 1942 the Bureau of the Census has discontinued the dollar series on passenger-car financing formerly shown in the Survey and has initi-ated a series of indexes on a January 1942 base on volume of paper acquired by sales finance companies, including passenger and commercial cars and diversified financing,and has placed the series on retail automobile receivables on a December 31, 1939, index base. Indexes prior to January 1942 for passenger-car financing have been computedby the Bureau of Foreign and Domestic Commerce from the former dollar series and linked to the new Census data.

fRevised to include both foreign and domestic data; earlier figures not published on p. S-37 of the January 1942 Survey are available on request.JData beginning June 1941 exclude Federal Government deliveries and are therefore not comparable with earlier data. See note " $ / ' p. S-37, of December 1941 Survey.Digitized for FRASER




1942

M a y

1941


Octo-ber

Novem-ber

Decem-ber

1942

Janu-ary


RAILWAY EQUIPMENT-C(

U. S. Bureau of the Census—ContinLocomotives, mining and industry

Shipments (quarterly), total*...Electric, total §

For mining useOther*

American Eailway Car Institute:Shipments:

Freight cars, totalDomestic

Passenger cars, totalDomestic

Exports of locomotives, totalElectric .Steam

TRANSPORTATION EQUIPMENT-

jntinued

lied,il:

numberdodo . .do

do .d o -dodo . . .dod o -do

INDUSTRIAL ELECTRIC TRUCKSAND TRACTORS!

Shipments^ total numberDomestic .Exports

d o - . . .. do .

7, 5735,700

4141

384373

11

5, 2254,681

4747421923

21718037

2429794

145

5, 1365, 130

1212251015

26623828

' 11 . .

15,5375,467

373728217

232225

3, 9363, 856

32322215

23611

173797394

5.1685,044

3830251411

260253

7

—Continued

7,6176,626

• 2828

323306

17

6,3786,073

4242

298280

18

L

20710299

105

7,1837,181

3529

271261

10

6,2406,240

4242

330327

3

7, 7527, 052

2420

309303

6

177847193

7,7817,781

28

371336

35

7,9577, 273

1010

400383

1 7

CANADIAN STATISTICS

Physical volume of business, adjusted:!Combined index 1935-39=100,-

Industrial production:Combined index do

Construction , doElectric power doM anuf acturing do

Forestry doMining do

Distribution:Combined index do

Carloadings doExports (volume) doImports (volume) doTrade employment do

Agricultural marketings, adjusted:!Combined index do

Grain doLivestock do

Commodity prices:Cost of livingf doWholesale prices 1926=100..

Employment (first of month, unadjusted):Combined index. do

Construction and maintenance. doManufacturing. doMining doService doTrade doTransportation do

Finance:Bank debits . .mi l . of doL.Commercial failures.. number . .Life-insurance sales, new paid for ordinary!

thous. ofdoL.Security issues and prices:

New bonds issues, totalf doBond yieldsf 1935-39 = 100..Common stock prices! . . . do

Foreign trade:Exports, total thous. of doL.

Wheat thous. of b u . .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-hr_.Pig iron thous. of long tons . .Steel ingots and castings doWheat flour thous. of bbl_.

116.195.2

53

40, 336

92,32999.562.0

235,71026,851

922147, 530

153243

1,481

134.2

144.7178.5129.1143.4114.0140.8

114.9138. 6196.3145.0121.6

323. 3376.194.3

109.4'88.8

145.5120.0162. 3174.8165.6154.599.2

3,26684

36,172

115,119101.163.9

162, 66329, 6231,341

128, 096

276

46, 59532, 25711,068

4,387230

2,805114206

2,121

137.1

150. 4286. 8123.3143.5117.0125.6

112.9133.9182.1143.9121.8

217.0242.7105.3

110.5'90.1

152.9139.5168.0177.2170.9156.899.2

4,24172

33,670

876,920101.964.0

146, 82223,1141,751

114, 924

271

44,81732,1229,976

4,381

248

2,560112187

2,118

138.0

149.2130.7130. 8153.6131.0146.3

117.6139.6212.7167. 3121.2

268.9302.7122.0

111.9'91.3

157.4149.9172.5176.8179.8158.5103.7

3,242

58

32, 681

111, 290101.567.5

170,90119, 3461,922

127, 707

277

45, 44235, 2487,262

4,257318

2,661102197

2,117

141.5

156.1145.0126.1163.7129.8140.9

114.9128.0189.7184.1122.0

95.393.7

102.2

113.7'92.1

160.6160.7176.9178.1184.0156.8105.0

3,15067

29,597

83,497101.267.8

150, 49614, 7211,437

137, 913

279

46, 52435, 9887,393

4,323354

2,640106203

1,852

148.9

169.0166.4136.2182.3145.6126.0

112.4119.1169.2185.6123.2

55.240.1

120.8

114.7'93.4

162.7153.9181.5181.6183.9157.5105.9

3,30145

33,975

62, 521100.371.0

142, 89711,341

661136, 991

294

47, 21535, 8618,973

4,447286

2,867112201

1,648

139.1

154.9145.9137.4164.7132.6123.6

110.2120.6139.5170.3123.9

113.3116.0101.3

115.5'94.0

165. 8155.4185.0182.3175.7160.9104.2

3,627

57

41,740

341, 680100.269.1

139, 67811,841

441140,819

313

51,23937, 30411,483

4,796262

3,140137223

1,596

132.0

143.3129.6137.5149.4123.2125.6

111.4124.4163.2159.3123.4

81.375.6106.1

116.394.0

167.6147.7187.5185.0173.7163.4102.8

3,427

44,984

94,85199.168.8

164,07922,105

587134,191

48, 21935, 4969,927

4,711

227

3,184134221

1, 665

141.3

154.1184.4138.9158.9127.5124.4

118.1138.8163.9194.9122.9

129.4129.3129.8

115.8

168. 8143.4188.4183. 5170.4167. 1104.1

3,687

78

47,172

91, 98599.367.2

152, 09118, 271

930125, 886

294

50,05036,13410,818

4,356

387

3,221148219

1,577

140.6

148.4125.8142.9158.3126.9120.2

125.3149.6199.7229.0125.2

136.3110.4112.3

115.494.3

165.8124.7187.1177.8168.0172.4101.1

3,231

77

43,081

90,32699.466.8

152, 30711,145

750142,127

272

45, 42235,1117,789

4,246283

3,226146231

1,556

134.3

141.3103.6137.6152.4134.2113.7

121.9140.4223.7187.6123.5

93.970.6100.9

115.794.6

165.4118.1191.2176.8167.0156.898.2

2,89364

39, 357

90,09299.364.7

168,1975,4241,056

119, 556

249

44,04435,2816,0464,031

271

2,864129217

1,585

136.2

144.8153.2141.7150. 2133.5119.2

120.7136.2230.7191.3118.2

81.674.9

110.8

115.995.1

165.1103.7195.7176.4169.1151.797.5

4,17756

35,876

1,044,07799.662.3

176, 9509, 765

899144, 886

271

50,85837, 33810,036

4,580325

3,221149237

1,807

140.4

152.7145.0144.3159.7123.0130.4

118.5140. 3221.9187.5

84.884.287.0

115.995.0

165.298.0

199.4175.0172.8153.099.0

3,733

36,232

145, 89199.661.1

169, 99814, 5371,128

142,113

273

3,083143237

1,961

r Revised. ° The publication of detailed foreign trade statistics has been discontinued for the duration of the war.!Data on life-insurance sales revised beginning September 1936; for revisions see p. 56 of the September 1940 Survey. For revisions of new bond issues for 1939 see p . 56

of the March 1941 Survey. All Canadian index numbers to which this note is attached have been revised to a 1935-39 base; earlier cost of living data appear in table 35, p. 19f h J 1942 i C k i i d s have been converted to the new base by multiplying the ld s r i e s b a t t Th i d f b d i l d h b

15-year V/i percent Dominion issue. The productionhave also been completely revised; revised data will be published in a subsequent issue. The index of grainreceipts at head of Lake and Pacific ports, as formerly.

{Beginning with July 1940, data are reported by the Industrial Truck Statistical Association and cover reports of 8 companies. They are approximately comparable withprevious data which were compiled by the Bureau of the Census.

§Includes straight electric types only (trolley or third-rail and storage battery); data for 1939 and earlier years, published in the Survey, include some units of only partialUnited States manufacture and are not comparable with data here shown.

*New series. Comparable data on total shipments are available only beginning January 1940. "Other" includes Diesel-electric, Diesel-mechanical, and gasoline or steamcomotives; these are largely industrial; for data beginning with the first quarter of 1939, see p . 55 of the May 1941 Survey.

U. S . GOVERNMENT PRINTING OFFICE: 1 9 4 2


INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S38

CLASSIFICATION, BY SECTIONSMonthly business statistics:

Business indexesCommodity prices...Construction and real estateDomestic tradeEmployment conditions and

wagesFinanceForeign trade..Transportation and communica-

tions __ __ __Statistics on individual industries:

Chemicals and allied products-_Electric power and gas. .Foodstuffs and tobaccoFuels and byproducts .Leather and products .Lumber and manufacturesMetals and manufactures:

Iron and steelNonferrous metals and prod-

uctsMachinery and apparatus

Paper and printingRubber and productsStone, clay, and glass products.Textile productsTransportation equipment

Canadian statistics „„ ,_

PageS-lS-3S-4S-6

S~7S-12S-19

S-20

S-21S-23S-24S-27S-29S-29

S-30

S-3 2S-3 2S-33S-34S~35S-35S-37S-38

CLASSIFICATION, BY INDIVIDUALSERIES

Pages marked SAbrasive paper and cloth (coated) 35Acceptances, bankers' ._ 13Advertising ._ 6Agricultural cash income _ . 1Agricultural wages, loans ,__„ 13Air mail and air-line operations 6,20Aircraft 1,2,9,11,12,37Alcohol, denatured, ethyl, methanol 21Aluminum 32Animal fats, greases . 21Anthracite.. _ _ 2,3,10,11,27Apparel, wearing.. 3,4,6,9,11,36Asphalt ._ 28Automobiles _ 1,2,3,6,8,9,11,12,37Automobile accessories and parts 37Banking 13,14Barley.- - . 24Bearing metal „ 32Beef and veal . . 26Beverages, alcoholic . 24Bituminous coal 2,3,10,11,27,28Boilers 31Bonds, issues, prices, sales, yields _ 17,18Book publication 34Brass and bronze 32Brick _ 35Brokers' loans 14,18Building contracts awarded 4Building costs... 5Building expenditures (indexes). 4Building-material prices 3Butter 24Canadian statistics... 15,37,38Canal traffic 20Candy . 26Capital flotations 17,18

For productive use3 . 18Carloadings ,_, 20Cattle and calves 25Cellulose plastic products 23Cement 1,2,3,35Chain-store sales 7Cheese. 24Chemicals 1, 2,3,4,9,11,12,14,16, 21Cigars and cigarettes 27Civil-service employees 10Clay products 1, 2,8,9,10,12,14,15,35Clothing (see also hosiery) 3,4,6,8,9,11,12Coal 2,3,10,11,27Cocoa „ 26Coffee 26Coke . . . . _. 28Commercial failures 14Commercial paper 13Construction:

Contracts awarded . . 4Costs. - - - - - 5Highways and grade crossings . 5Wage rates „ 13

Copper . 32Copra and coconut oil . 22Corn 25Cost-of-living index 3Cotton, raw, and manufactures 2,3,4,36Cottonseed, cake and meal, oil 22Crops 1,22,25,27,36Currency in circulation 15Dairy products . . 24Debits, bank 13Debt, United States Government 16Delaware, employment, pay rolls, wages._ 9,11,12Department stores: Sales, stock*, collections. 7,8Deposits, bank.... 13,14

Pages marked SDisputes, industrial 10Dividend declaration payments and rates... 1,19Earnings, factory, average weekly and

hourly _. 11,12,13Eggs and chickens . 1,3,26Electrical equipment 2,3,8,9,10,11,12,33Electric power production, sales, revenues.. 23Employment, estimated nonagricultural 8Employment indexes:

Factory, by cities and States 9Factory, by industries 8,9Nonmanufacturing 10

Employment, security operations 10Emigration and immigration . . . 20Engineering construction .__ 4Exchange rates, foreign 15Expenditures, United States Government 16Explosives . 21Exports 19Factory employment, pay rolls, wages 8,

9,10,11,12,13Fairchild's retail price index „_ 3Farm wages , 13Farm prices, index 3Federal Government, finances . 16,17Federal-aid highways and grade crossings 5Federal Reserve banks, condition of 13Federal Reserve reporting member banks. __ 14Fertilizers , 21Fire losses 5Fish oils and fish __ _ 22, 26Flaxseed 22Flooring . 29Flour, wheat „ 25Food products „ 1,

2,3, 4, 6, 9,11,12,14,15,16,24,25,26,27Footwear 1,2,4,9,11,12, 29Foreclosures, real estate 5Foundry equipment 32Freight cars (equipment) , 37,38Freight carloadings, cars, indexes 24Freight-car surplus . , 20Fruits and vegetables . 3,24Fuel equipment and heating apparatus 32,33Fuels _ 2,3,27,28Furniture . 30,31Gas, customers, sales, revenues . 23Gas and fuel oils . . . . 3, 28Gasoline. . 28Gelatin, edible . _. 27General Motors sales 37Glass and glassware 1,2,8,9,10,12,14,15,35Gloves and mittens. . 29Gold 15Goods in warehouses 6Grains . . . . 3,17,24,25Gypsum . 35Hides and skins . 28,29Hogs . ____.„__.-__ 25Home-loan banks, loans outstanding 6Home mortgages . 5Hosiery 36Hotels.- - 20Housing _. 3,4Illinois, employment, pay rolls, wages 9,11,12Immigration and emigration , 20Imports . . 19Income payments .__ 1Income-tax receipts.. ,_ 16Incorporations, business, new 6Industrial production, indexes , 1, 2Installment loans 14Installment sales, department stores _ _. 7Insurance, life 15Interest and money rates ,__.__ 14Inventories, manufacturers' 3Iron and steel, crude, manufactures 1,

2,3,4,8,9,10,11,12,14,15,30,31Ironers, household ._-. . . 33Kerosene 28Labor, turn-over, disputes . 10Lamb and mutton , 26Lard . 26Lead 2,32Leather 1,2,4,9,11,12,14,15,29Linseed oil, cake, and meal. . . . 22Livestock 25, 26Loans, real-estate, agricultural, brokers'.. 5,6,13Locomotives _._ 37,38Looms, woolen, activity . 36Lubricants. - 28Lumber 1,2,3,8,9,10,11,12,29,30Machine activity, cotton, wool.... 36Machine tools 8,9,10,11,12Machinery.. 1,2,3,8,9,10,11,12,14,15,16,32,33Magazine advertising 6Manufacturers' orders, shipments, inven-

tories.. . 2,3Manufacturing indexes 1,2Maryland, employment, pay rolls 9,11Massachusetts, employment, pay rolls,

wages . - . - - 9,11,12Meats and meat packing _1,2,3, 9,11,12, 26Metals 1,2,4,8,9,10,11,12,30Methanol. ._ — .._ — 21Mexico, silver production . -_-_. 15Milk.. ._ 24Minerals _____ - 2,10,11Naval stores... . 21New Jersey, employment, pay rolls, wages. 9,11,12Newsprint , 34

Pages marked SNew York, employment, pay rolls, wages. 9,11,12New York canal traffic 20New York Stock Exchange 18, 19Oats 25Ohio, employment, pay rolls . . 9,11Oils and fats - 21, 22Oleomargarine 23Orders and shipments, manufacturers' 2Paint sales 23Paper and pulp 1,2,3,9,11,12,33,34Passenger-car sales index 7Passports issued 20Pay rolls:

Factory, by cities and States 11Factory, by industries 10,11Nonmanufacturing industries 11

Pennsylvania, employment, pay rolls, wages. 9,11,12

Petroleum and products. 1,2,3,9,10,11,12,16,28Pig iron _. 30,31Porcelain enameled products ._ 31Pork I 26Postal business 6Postal savings . 14Poultry and eggs 1,3,26Prices (see also individual commodities):

Retail indexes 3Wholesale indexes 3,4

Printing 1,2,9,11,12Profits, corporation . 16Public relief " 13Public utilities 4,10,11,16,18,19Pullman Co _ 21Pumps 33,34Purchasing power of the dollar 4Radiators 31Radio, advertising 6Railways, operations, equipment, financial

statistics, employment, wages 1,2,10,11,13,16,17,18,19, 20,37,38

Railways, street (see street railways, etc.).Ranges, electric 33Rayon . 1,2,4,36Reconstruction Finance Corporation, loans. 17Refrigerators, electric, household- . 33Registrations, automobiles . 37Rents (housing), index . . . 3Retail trade:

Automobiles, new passenger 6Chain stores, variety (5-and-10), grocery,

and other . 7Department stores 7Mail order . 8Rural general merchandise 8

Rice... 25River traffic 20Roofing asphalt 23Rubber, crude, scrap, footwear, tires and

tubes -_.- 1,2,3,4,9,11,12,34,35Savings deposits 14Sheep and lambs 26Shipbuilding 1,2,8,9,11,12Shoes 1,2,4,9.11,12,29Silk _ 1,2,4,36Silver 15Skins 28, 29Slaughtering and meat packing 1,2,9,11,12,26Spindle activity, cotton, wool 36Steel and iron (see iron and steel).Steel, scrap, exports and imports- 30Stockholders _ _ 19Stocks, department store (see also manu-

facturers' inventories) 8Stocks, issues, prices, sales, yields 17,18,19Stone, clay, and glass products 1,

2,8,9,10,12,14,15,35Street railways and busses 10,11Sugar - 26Sulphur. _ . 21Sulphuric acid 21Superphosphate 21Tea 26Telephone, telegraph, cable, and radio-

telegraph carriers 10,11,16,21Textiles. 1,2,4,9,11,12,14,15,36,37Tile 35Tin — _. 32Tobacco 1,2,9,11,12,27Tools, machine „ 8,9,10,11,12Travel _ _ 20,21Trucks and tractors, industrial, electric 38United States Government bonds 18United States Government, finances 15,16,17United States Steel Corporation _ 19,31Utilities 4,10,11,15,16,18,19Vacuum cleaners-.. - 33Variety-store sales index.. 7Vegetable oils 22Vegetables and fruits 3,24Wages, factory, and miscellaneous 10,11,12,13War program and expenditures 16Warehouses, space occupied 6Washers, household _..-_ 33Waterway traffic 20Wheat and wheat flour „._ _ 25Wholesale price indexes ,__ 3,4Wire cloth... _ . ._ . . _ 32Wisconsin, factory employment, pay rolls,

and wages - . 9,11,12Wood pulp 33,34Wool 1,2,4,36,37Zinc - - - 32


What Adjustments Have You Made Because of the War?

What Further Adjustments Will You Be Called Upon to Make?

A new report issued by the Department of Commerce,

Bureau of Foreign and Domestic Commerce, entitled . . .

EFFECTS OF THE WAR ON BRITISH MARKETING{ A Guide for American Business }

Economic Series No. 18 • • X 5 c

may aid you in making plans and decisions that will have a definite bearing on the methods by whichyour business may be conducted. The report describes the British experience in governmentalregulation and activities that affected the entire distributive system. It shows that many of theproblems encountered by the British government differ from our own only in degree, and stage ofdevelopment. The methods used to control prices are explained, and their effects are evaluated interms of the movement of prices and profits. The nature and extent of reductions in consumers'goods, the way in which distributors have been affected, consumer rationing methods, effects ofthe war on retailing, packaging, advertising, and manufacturers' brands, taxation, and the generalfiscal control of prices are discussed and illustrated with charts and tables.

Trade and Professional Associations of theUnited States

Industrial Series No. 3 • • 7 0 c

The most comprehensive directory of the Nation's larger cooperative organizations ever pub-lished. Prepared by the Department of Commerce, Bureau of Foreign and Domestic Commerce,it lists more than 3,100 national and interstate trade and professional associations and gives, fomost groups, in addition to the name and address, the date of organization, name of the chiefexecutive, number of members, chief activities of the group, and data on federated groups. Muchsummary information is supplied relative to trade and professional groups and the part they playin the economic life of tlie country.

Copies of the above publications may be obtained, at the prices stated, from the Superintendent of Documents,Government Printing Office, Washington, D. C.


SCB_071942

Documents

Transcript of SCB_071942