Survey of Current Business November 1943 - FRASER ... · Seattle 4, Wash., 809 Federal Office Bldg....
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NOVEMBER 1943
SURVEY OF
ENTJ BL JL
UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
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Survey of
CURRENTBUSINESS
VOLUME 23, No. 11 NOVEMBER 1943
Statutory Functions "The Bureau ofForeign and Domestic Commerce . • .tofoster9 promote, and develop the foreignand domestic commerce of the UnitedStates" [Law creating the Bureau, Aug.23, 1912 {37 Stat. 408].]
Department of CommerceField Service
Atlanta 3, Ga., 603 Rhodes Bldg.Boston 9, Mass., 1800 Customhouse.Buffalo 3, N. Y.f 242 Federal Bldg.Charleston 3, S. C , Chamber of Commerce
Bldg.Chicago 4, HI., 357 U. S. Courthouse.Cincinnati 2, Ohio, Chamber of Commerce.Cleveland 14, Ohio, 750 Union Commerce
Bldg.Dallas 2, Tex., Chamber of Commerce Bldg.Denver 2, Colo., 566 Customhouse.Detroit 26, Mich., 371 New Federal Bldg.Houston 14, Tex., 603 Federal Office Bldg.Jacksonville 1, Fla., 425 Federal Bldg.Kansas City 6, Mo., 724 Dwight Bldg.Los Angeles 12, Calif., 1540 U. S. Post Office
and Courthouse.Memphis 3, Tenn., 229 Federal Bldg.Minneapolis 1, Minn., 201 Federal Bldg.New Orleans 12, La., 408 Maritime Bldg.New York 18, N. Y., Room 1950, 500 Fifth
Ave.Philadelphia 2, Pa., 1510 Chestnut St.Pittsburgh 19, Pa., 1013 New Federal Bldg.Portland 4, Oreg., Room 313, 520 S. W. Mor-
rison St.Richmond 19, Va,, 601 Atlantic life Bldg.St. Louis 1, Mo., 107 New Federal Bldg.San Francisco 11, Calif., 307 Customhouse.Savannah, Ga., 403 U. S. Post Office and
Courthouse Bldg.Seattle 4, Wash., 809 Federal Office Bldg.
ContentsPage
ECONOMIC HIGHLIGHTS 1
THE BUSINESS SITUATION 2
September Income Payments Fail to Gain . . . . 2
Business Inventories Rise in September 3
Transportation 4
Foreign Trade of the United States 5
REVISED ESTIMATES OF SALES OF RETAILSTORES . . . 6
BUSINESS DISCONTINUANCES, 1940-42 . . . . . 15
STATISTICAL DATA:
Monthly Business Statistics S-l
General Index Inside back cover
Published by the Department of Commerce, JESSE H. JONES, Secretary, and issued through the Bureau of Foreign
and Domestic Commerce, Amos E. Taylor, Director. Subscription price of the monthly SURVEY OF CURRENT
BUSINESS, $1.75; Foreign, $2.50 a year. Single copy, 15 cents. Price of the 1942 Supplement is 50 cents. Make
remittances" only to Superintendent of Documents, U. S. Government Printing Office, Washington 25, D. C.
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Economic HighlightsFarm Marketings to Set High
Record for Year
American farmers this year will almostcertainly market largest volume of farmproducts in Nation's history. Actualmarketings for first 9 months of 1943were 6 percent ahead of similar 1942period. September marketings declinedsharply on seasonally adjusted basis, ashad been expected, but fourth quartermarketings will be heavy enough to en-sure a record-breaking volume for yearas a whole.
Livestock and their products marketedduring first 9 months have run 8 percentahead of similar 1942 period, while cropmarketings were only 2 percent ahead.Fourth quarter marketings are usuallyvery heavy in case of crops; last year 37percent of year's crop marketings camein last quarter. Should that same pro-portion come to market this year, 1943crop marketings would exceed those of1942 by about 2 percent. Of total 1942livestock and products marketed 27 per-cent moved during fourth quarter. Ifsame proportion were repeated in 1943,this year's total marketings of livestockand products would exceed 1942 by 8percent.
Average prices received by farmers re-mained steady in September at highestlevel since 1920. Most major pricegroups rose during the month but wereoffset by a sharp decline in potatoesseconded by wool and tobacco. In Au-gust, the combination of record highs inboth prices and farm marketings carried
BILLIONS OF DOLLARS5
INDEX, 1S35-39- 100300
2 5 0
200 h
MONTHLY DATA, EXCEPT PRICES,ADJUSTED FOR SEASONAL VARIATIONS
MONTHLY AVERAGEFOR THE YEAR
CASH INCOME FROM FARM MARKETINGS(EXCLUDES GOVERNMENTAL PAYMENTS)
PHYSICAL VOLUME OF FARM MARKETINGS
V I
PRICES RECEIVED BY FARMERS
I I i M ! 1
150
'ooh^y-.
Farm Marketings and Prices Received by Farmers.
cash income from farm marketings, sea-sonally adjusted, to an all-time peak of265 percent of 1935-39 average. Septem-ber drop in seasonally adjusted farmmarketings with prices steady resultedin sharpest decline in seasonally adjustedcash income from farm marketings inseveral years. For 9 months endingSeptember 1943, cash income from farmmarketings was 29 percent ahead of cor-responding period last year.
TOTAL NEW CONSTRUCTION*.
1stQu.
2ndQu.
3rdQu.
4thQu.
1stQu.
2ndQu.
3 rdQu.
4 thQu.
1stQu.
2ndQu.
3rdQu.
4 thQu.
1 stQu.
2ndQu.
3 rdQu
4 thQu.
I stQu.
2 ndQu.
3rdQu.
1939 1940 1941 1942
4 thQu.
1943D.D. 43-236
New Construction Activity, Excluding Work-Relief Construction, in ContinentalUnited States.
Construction Activity Continues toDecline
New construction activity in conti-nental United States has now completeda full year's decline from war period andall-time peak attained during thirdquarter of 1942. Construction duringwar period, as chart strongly emphasizes,has been primarily military and navaland industrial construction for Govern-ment account. Hence private buildingduring 1943, which will total about 1.6billion dollars, has been one of mostthoroughly deflated of all private busi-nesses. Only in 1933 and 1934 was pri-vate building lower in last generation.
At war boom peak just a year ago,private construction formed only 15 per-cent of total construction. Pendulumhas started to swing back, and duringthird quarter just ended, private con-struction was 24 percent of total.
Residential and all other constructionat last year's wartime peak, was only 26percent of ail construction with military,naval, and industrial forming the bal-ance. In third quarter of 1943, residen-tial and all other construction in prog-ress had climbed up to 43 percent of totalas war construction shrank. All otherconstruction rose slightly chiefly becauseof seasonal advance in highway con-struction.
Further tapering off of war construc-tion is expected to bring fourth quartertotal below 1.5 billion dollars. Aggre-gate for year will thus fall below 8 bil-lions compared to 13.5 billions last year.
5 5 4 7 5 •"> 1 • >— 1
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SURVEY OF CURRENT BUSINESS November 194
The Business SituationIV,1OST significant of October and third-*-'-*- quarter economic developments wasthe failure of Government expendituresfor war and for all purposes to equalthose of the second quarter. Secondquarter expenditure^ are, therefore, asmay be seen in chart 1, the peak for thewar period to date. Hence while it isprobable that the second quarter peakwill again be equaled or exceeded in thenear future, it seems a reasonable infer-ence that further increases in nationalincome based on Government spendingwill be relatively small, The other fac-tor, i. e., private investment and con-sumer spending, which in normal timescan motivate broad changes in nationalincome, will very probably remain forthe duration of the war under the re-straint of controls and shortages.Neither of these can, upon the assump-tion that the restraints remain effective,initiate large increases in national in-come in the near future.
To the extent that the above premiseis correct, any very large increases inthe national income during the remain-der of the war emergency period cancome only from inflationary factors.The future trends in average prices,wages, and cost of living are thus of basicimportance. Rising costs for varioustypes of essential products necessitatea choice between subsidies or other pro-duction aids and higher ceiling prices.A widespread movement to lift wagerates would, if unchecked, result inlarger incomes for some and higher costsfor others, starting the familiar spiral.These and other aspects of the omni-present inflation problem are increas-ingly becoming the key to the near fu-ture trend of the national income incurrent dollars.
This conclusion finds some support inthe creeping rise of industrial produc-tion in recent months. Further increasesin the national income from increasedproduction cannot be very great nowthat the Nation is approaching full em-ployment of its resources. Total indus-trial production, as measured by therevised Federal Reserve index, season-ally adjusted, rose only one point inSeptember to 243 (1935-39=-100) and,according to indications available inearly November, by the same amount inOctober. The September rise was con-fined to durable manufactures and tominerals while nondurable manufac-tures remained unchanged. Althoughtransportation equipment, iron andsteel and other "war" industries led therise of the durables, total munitions pro-duction in September registered only anominal increase, perhaps due to theshorter month.
Notwithstanding the retarded rate ofincrease in production, the trend ofmanufacturers' new orders (discussed inmore detail in a later section) is stillupward. In the durable goods line wheremunitions output forms a high propor-tion of the total, incoming orders arestill in excess of shipments so that back-logs continue to rise. Because of the ur-
gent demand for these products, thetrend of their output will undoubtedlycontinue upward.
Among the factors retarding the riseof industrial production, material andequipment shortages are still prominentbut lack of manpower remains the chiefbottleneck directly or indirectly under-lying the others. The number of in-dustrial areas where acute labor short-ages exist rose from 71 on October 1 to77 a month later, or 22 percent of the351 areas classified by the War Man-power Commission. At the beginning ofthis year, only 11 percent of the 272 areasclassified were experiencing acute laborshortages. There has been a steady risein the proportion having acute shortagessince then, and an equally steady declinein the proportion enjoying an adequatesupply.
The governing factor in the labor out-look is the continued shrinkage in thecivilian labor force which stood at 52,-600,000 in October, a drop of 1,400.000in 12 months. Thanks to a cushion ofunemployment which was reduced from1,600,000 to 700,000 over that period,total employment in October was onlyhalf a million below October 1942. FromSeptember to October, the labor forceshrunk 700,000, largely on a seasonalbasis as students returned to school. Thechief impact of this manpower drainhas fallen on nonagricultural employ-ment which dropped 700,000 in the yearending in October. Manufacturing,
Government, and transportation andpublic utility personnel has grown atthe expense of mining, construction,trade and service. The employee rosterin manufacturing establishments at-tained a wartime peak in August at16,245,000 but receded from it in Sep-tember by about 40,000. Of the 20 majorgroups of manufacturing industries, 13suffered losses of wage earners in thatmonth.
Labor turn-over continues high andaccentuates the manpower problem.Better utilization of existing personneland longer hours of work are being in-creasingly emphasized as the chief solu-tions of the manpower shortage.
September Income Payments Failto Gain
For the first month since our war ef-fort began in earnest, income paymentsfailed, on a seasonally adjusted basis, tomake any substantial gain in September.The income streams that have in recentyears accounted for by far the largestpart of the increases in income paymentshave, as shown in table 1, been: (1) man-ufacturing pay rolls, (2) Governmentpay rolls, and (3) net income of farmoperators. The month-to-month gainsof all three components have been taper-ing off over the last year. Hence thesharp decline in seasonally adjusted netincome of farm operators in Septemberwas not much more than offset by the
Chart 1.—Budget Expenditures of the Federal GovernmentBILLIONS OF DOLLARS10
TOTAL EXPENDITURES(INCLUDING DEBT RETIREMENT)
Ss 1940 1941
Source : IT. S. Treasury Department (daily statement).
1942 1943DO, 4 3-355
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November 1943 SURVEY OF CURRENT BUSINESS
Fable 1.—Seasonally Adjusted Income Payments to Tndhiduai^[MiilloM- of dollar.-]
' r i i u . i l - . , m tt i l l i t f « • 1 • . J . i . - U . '
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continued rise, even though at a slowerrate, of the other income streams.
Although it is unlikely that any oneof the three types of income mentionedhas as yet attained its maximum for thewar period, it is clear that further ad-vances, apart from those of inflationarycharacter, will be definitely of smallermagnitude. Manufacturing pay rolls willshow smaller increases as employmentapproaches a maximum and stabilizes ordeclines, and as wage rates are stabilized.Government pay rolls will become sta-bilized as the personnel of the armedforces and the war agencies reach theirpeaks. Farm income will cease to riseand level off when maximum output isreached at stable prices. Inflationarytendencies, however, could obviously pro-long, and even accelerate, the rise ofthese income streams, especially the firstand third, considerably beyond presentlevels.
Business Inventories Rise inSeptember
The value of business inventories in-creased 250 million dollars during Sep-tember, reaching a total of 27.8 billiondollars at the end of the month. Furtherstockpiling by retailers accounted forabout one half of the rise. In anticipa-tion of a much earlier Christmas tradethis year, retailers increased their in-ventories by 400 million dollars duringthe third quarter. General merchandisestores and apparel stores, because of therelatively more plentiful supply of manynondurable goods carried by them, wereabout the only lines of retail trade thatwere able to add significantly to theirInventories. Most of the increase dur-ing the quarter was due to the expan-sion in these stores. Inventories ofwholesalers recorded little change dur-ing September, the slight decline in in-ventories of durable goods establish-ments being almost offset by a slightrise in the nondurable goods establish-ments. Chart 4 shows the situationthrough August.
( o l l i l l 11. 1 l l o i n J u t h.n and u im.Mir tJd d toie»
Manufacturers' inventories increased100 million dollars during September,following the substantial rise of almost200 million during August, Inventoriesof the automobile industry were some-what lower at the end of September fromthe end of August. The changes inother major durable goods industrieswere mixed, but in each case were rela-tively small.
Manufacturers' inventories of most ofthe major nondurable goods industrieswere reduced during September, al-though in none of the industries wasthe drop more than 2 percent, This isin contrast to the previous month whenthere was a general seasonal rise inthe inventories of these industries.
Manufacturers' shipments reached anew record high in September and rep-resented a gain of about 1 percent fromAugust. Shipments of the durable goodsindustries, which include most of the
industries producing war goods, in-creased less than 1 percent from August,Shipments of the transportation equip-ment industry dropped by about 2 per-lent from August, tho first month-io-monlh decline since March, This r( -fkcis in part somewhat lower deliver!* .*nl aircraft, and parts,I at»le 2.— r.Nlimat<-fl \ alnr of 6$ii-»im*s-
ImcntorH*** and lnd«»\<is of \iamifa«'-tiiror*** Shipments- and -V"** Orders
( " M i n i r '
<n.ilium1
Ton.)Manufui'tHomilws
All iudustries....Durable foodsNondurable go
:•<) c'il i :^, 2 7 . r»7*> 27,81117,^2 S 17. H!» 17,;>77
! 7 ,T>7 i 7 .r.» i c, 12;*i| \ A\:> i -1,2-!" i 3.S7
o v - i of i f iMDuPi f ' t inv i s s i n ;nls /'a\cr'rrc month IWA'r 1«••
o p t
27<)](i7
1?33
3U7
221
J7;
e (Janu
187
•im'factun'i\s' nev<);i«)—100).
•HHi191
282423J92
All industriesDurable goods -. -Nondurab le good.*.
1 Pre l iminary .Source: TJ. S. T>op,T?mt w .if r .» innien-
Deliveries of the nondurable goods in-dustries increased 2 percent from Augustto September on a daily average basis.Most of the rise was due to heaviershipments of the food industries, par-ticularly canning and preserving, and ispartly seasonal in character. Shipmentsof the other major nondurable goodsrecorded minor increases.
New orders received by manufac-turers increased by more than 2 percentfrom August, although the Septembervolume was still considerably below the
BILLIONS2 0
16
12
8
4
0
DEC.
M M
1938
Chart 2.-—BusinessOF DOLLARS
1 I l i i l
1939
Inventories at YAH\ of Month
1" ~" i~ - " " ^
MANUFACTUi
RETAILE
M ! ! ! 1 I ! 1 I I
1940
9ERS*~~*ptf
| I I ! i 1 M M I
1941
- x s
4LERS
M I I 1 1 M M ;
1942
—
-- -
M i M M 1 t
1943DO 43-423.
Sourer : W S. Department of Commerce.
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SURVEY OF CURRENT BUSINESS November 1913
June peak. New orders received by themachinery industry showed a change intrend from the last two months. De-mands continued to increase for iron andsteel products and other durable goods.
TransportationThe Nation's carriers, as shown in
chart 5, continue to deliver an everlarger volume of commodity and passen-ger transport service. All former recordsof rail freight traffic, as measured byrevenue ton-miles, are being exceeded.Freight movement reached about 67 bil-lions in October, an eight percent in-crease over October 1942.
It is estimated that revenue ton-mileage in the final quarter of 1943 willbe 188 billions or only 4 billions belowthe third quarter volume. Furthermore,it is expected, on the basis of the presentoutlook, that traffic during the first halfof 1944 v/ill be about 380 billion revenueton-miles, or an increase of 8.8 percentover the first half of 1S43 and equivalentto the volume during the last half of 1943,The outlook, therefore, is for rail trafficto hold consistently above levels of thecorresponding periods of the previousyear, even though the October 1943 vol-ume probably will not be exceeded untilnext October,
The arrival of winter means more dif-ficult operating conditions, such as theneed for added motive power for a giventrain to offset increased journal frictionand loss of locomotive heat at low tem-peratures, and the retarding of loadingand unloading in severe weather.Greater pressure is being placed on car-riers serving the Pacific Coast due tomilitary and Lend-Lease demands.Some additional burden may be shiftedfrom motor carriers to the rails. Man-power shortages still loom as a threat toincreased performance. The accidenthazard has risen under present con-ditions.
Finally, there is little prospect for asubstantial increase in new equipment.The number of serviceable cars ownedby class 1 roads on October 1, 1943, was1,698,550, compared with 1,690,570 oneyear earlier, an increase of 0.5 percent,while revenue ton-miles rose by an esti-mated 9 percent during the same period.Some further increase of serviceablesupply in the next few months will bemade possible through increasing deliv-eries of new cars. During the last quar-ter of this year, new installations areexpected to average between 3,000 and4,000 a month. Assuming no furtheradditions to active car supply can beattained through reducing either carsurplus or the unserviceable supply, newinstallations would increase total railfreight-car capacity by less than 1 per-cent. The supply of serviceable steam,and serviceable electric and Diesel loco-motives is also expected to increase somebut not enough to effect a substantialincrease in tractive capacity.
To meet the traffic demand duringcoming months, the Office of DefenseTransportation has inaugurated a pro-gram of attempting to increase over-allfreight train performance by 10 percentthrough cooperation with carriers, ship-pers and receivers, other Government
Chart 3.—Volume of Transportation by Type l
(INDEX, DAILY AVERAGE 1936-39 = 100)
INTERCITY MOTORTRUCK "FOR HIRE"
LOCAL TRANSIT,PASSENGER
J F M A M J J A S O N D J F M A M J J A S O N O J F M A M J J A S O N D
1 Indexes for commodity and passenger traffic (except local transit) are based upon ton-miles andpassenger-miles, respectively ; index for local transit is based upon number of passengers.
Source : U. S. Department of Comnrerce.
agencies, and the public. In an attemptto appraise the extent to which the rail-roads may raise their efficiency, as wellas to determine the proportion of capac-ity now being utilized, the following anal-ysis was made of 48 large steam railwaysaccounting for 90 percent of net ton-mileage of all class 1 roads.
Gross ton-miles per train-hour wereused as the best measure of performancebecause they show the amount of workdone per unit of time and take into con-sideration empty as well as loaded carmileage. Maximum net ton-miles areused to measure railroad capacity. Thereare shown in table 3 the maximum per-formance ratios attained by the roads ofeight regions in recent years in compari-son with their achievement in August1943, The average performance in Au-
gust was only 96.7 percent of the averagemaximum performance of the 48 roads,indicating that, under certain conditions,efficiency could conceivably be raised byat least 3.3 percent over that of August.
The above measure assumes that thenumber of trains would be unchanged.Under present conditions, the ultimatecurrent capacity of the roads is moresignificant than obtaining the optimumperformance, since the maximum loadmust be carried to meet wartime de-mands. Table 3 therefore presents acomparison of maximum net ton-mileageperformed in recent years and the netton-mileage in August. This comparison,which allows for changes in the numberof trains run, reveals a 3.5 percent mar-gin of capacity that could perhaps beutilized. Such utilization would depend
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November 1943 SURVEY OF CURRENT BUSINESS
in an important degree on the geographicdistribution of the additional traffic of-fered. In table 3 are shown also theregional variations in the maximum per-formance and capacity attained. Theseven northwestern lines all carried theirmaximum ton-mileage which is here usedas an estimate of their present maximumcapacity in August and all but one ofthem reached maximum performance inthe same month. On the other hand theperformance of three New England roadsin August was below their maximum per-formance attained in 1942, while theirAugust traffic volume was also well belowtheir maximum capacity of recentmonths.
With August performance only 3.3 per-cent below the maximum, it seems clearthat any substantially heavier trafficcould be handled only by increasing bothperformance and capacity to the utmost.With capacity increases limited by man-power and new equipment shortages, itseems likely that greatest reliance mustrest on increased performance. This isbecoming increasingly difficult, however,as diminishing returns reduce the gainsmade. For instance, the extent to whichheavier loading per car v/ill permitgreater ton-mileage depends on its ef-fect on turn-around time. Heavier load-ing tends to increase loading and unload-ing time, terminal and switching time,and the number of transfers, while it hassome influence in adding to empty carmovement and idle-car-days. It mayalso lead to a decrease in average trainspeed.
The main steps in the ODT programare emphasis on continued reduction ofloading and unloading time through co-operation with the Shippers' AdvisoryBoards; further trimming of cross- andexcess-hauling; and extension of theODT plan of moving merchandise loadsdirect to destination or distant gateways,by-passing nearby transfers and utiliz-ing cars that otherwise would move inthe same direction empty.
Rail passenger traffic continues to in-crease and is in excess of 1942 volume byan amount relatively greater than inthe case of freight traffic. Some diver-sion to the railways of traffic now beingmoved by intercity buses may occur asa result of manpower and equipmentshortages.
Intercity for-hire truck traffic sinceJune has shown a sharply declining rateof increase over the correspondingperiods of 1942. Equipment shortageshave been an important factor in this
Table 3.—Performance and Intimated
Chart 4.-—Exports, Including Reexports, and General ImportsMILLIONS OF DOLLARS1400
1200
1000
800
6 0 0
400
200
EXPORTS, INCLUDING REEXPORTS
GENERAL IMPORTS
1939 E940
Source : H. S. Department of Commerce.
decline, as only about 100 of 7,500 newunits scheduled for the last half of 1943will actually be delivered by the end ofthis year. The present outlook in re-gard to additions of new equipmentduring 1944 is not promising.
Increasing use is being made of therivers and internal waterways in trans-porting petroleum and its products.Together with pipeline deliveries, whichhave risen to over 400,000 barrels a day,the use of tank barges has eased the railburden in meeting East Coast demandsfor petroleum. Great Lakes iron orecarriers are performing with a high de-gree of efficiency in order to meet thereduced goal of 86.5 million gross tonsduring the 1943 season. During July andAugust all former records were broken.
Domestic airline traffic, in respect toboth passengers and express carried, con-tinues to climb with the addition of onlya few planes. Express pound-mileagehas nearly doubled since United Statesentry into war, while revenue passenger-mileage is half again as high as in
Current Capacity of tti CJa*s I Railroads1
1941 1943
December 1941. This has been accom-plished with half the number of planes.Foreign Trade of the United Stales
Changes in the foreign trade situationover the past 9 months clearly indicatethe considerable success achieved by theUnited States in synchronizing its totalproductive effort with the requirementsof a United Nation's victory. Exports,as may be seen in chart 6, continue todominate the picture. Although theSeptember 1943 value of exports, 1.2 bil-lion dollars, is a fraction below the Julypeak, the third quarter level is 19 percentabove the preceding quarter's total, and50 percent above the figure for the first3 months of the year. The 1943 9-monthtotal of over 9 billion dollars is 65 per-cent higher than the level for the similarinterval of 1942 and about 10 percentgreater than the value of goods exportedTable 4.—Foreign Trade of the United
States, First Nine Months for SelectedYears.
3 New Knaland railroads . .10 Great Lakes railroads7 Centra l Eastern railroads .2 I 'oeahontas railroads0 Southern railroads7 Nor thwes te rn railroads7 Centra l Western railroads .G Southwestern railroads
48 rai l roads. toti;l_ofal.ovo_1 Depar tmen t of Commerce computa t ion2 DitTerem recent" months in which maxima
U
I!
1
><* 1ma
ixiinumo^ tonlit ^ n ( i
t ' . un -i'U! pi 1,onth '
31 M.»17. )ssV- ;.i.f.
.i'2 ^(>
3(< 3,iO10 V 1
tO l)2\)
a s ( ( | ,,„ ]"O C ( H I M ( i
U liu-hou'", An
\ u m t e i , m
.-S3, 17^ .15. S91 ,r..:c* it :i. 07s 1.i2 07139, Ub3s .TO3.», 5 n
.^ (,«:, '
T.teisiote Coinn<>i, 1 h< i i h l n i d u
MJst
i \ n
e tc (<il n
n
nun
M6Ml)
9')•id
97( l99 1
%\
C
u !t;
\s1
ss
7
om
M l u n m i nPi'i ton '
UMles pel ! - -month, |
millions i \1
'.239 ;
11 97512, 193
1.5757 6t57! 19".
!3. 3M)5. 5s(,
•'.l.OM , "~
n i^^ior. data
Net totAu mi
_
11112,467
125
61
, , ,
115615109393915491897299
864
«t 1««1 {'
Percent of
90.197.199. 396.090.8
100.096. 494. U
96, f
Exports (including: re-exports), millions ofdollars
Index of un i t value,exports of U. S, mer-chandise, 1941 = 100
Index of exports inconstant 1941 dollars
(ieneral imports , mil-lions of dollars
Index of un i t value ofimpor ts for con-sumpt ion , 1941 = 100
Index of impor t s inconstant 1941 dollars
1943 1
9,196
* 141
196
2, 448
2 128
80
1942
5, 575
125
133
2,015
120
70
1941
3, 336
100
100
2,416
100
100
1937
2, 379
101
70
2, 427
100
102
1920
0, OSO
3 220
83
4, 358
3 254
7!
» Value to ta l for 1943 is p re l iminary a n d subject tofurther revision.
2 Based on data for first 8 months only.3 Averages for 12 months used as representative of 9-
rnonth period.Source: [7. S. Department of Commerce.
(Continued on page 20)
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SURVEY OF CURRENT BUSINESS November 1943
Revised Estimates of Sales of Retail StoresBy William C Shelton and Bernard Beckler, Current Business Analysis Unit
T H E Bureau of Foreign and Domestic*• Commerce has completed a thorough--vision of the dollar estimates and in-!e/es of sales of retail stores, January1935 to date. Methods used in preparingno old estimates were described in the
October 1941 SURVEY OF CURRENT BUSI-NESS, and the present article coversihiefiy the changes made in preparing.*evised estimates. Innovations include•hanges in methodology and an increasea o m 10 io 25 in the kinds of business for\*,hich estimates are prepared.
The need for the present revision be-\-tme apparent after collecting retail- rade data formerly not available and^pending greater time and effort in as-saying the accuracy of different sources)f data. These investigations showed*hat biases were developing in the esti-mates for a number of the groups andthat a levision of the series was greatlyloaded.
It was found, for example, that greaterircuracy could be obtained in the esti-mates of the 10 major groups formerlypublished if estimates were made of theseparate components of the groups. This\x-as particularly true in those groupswhere the components were behavingvery differently from each other, and insome cases even moving in opposite di-rections.
The household furnishings group, forexample, includes both household appli-ance dealers and furniture stores. Inthe apparel group are both men's andwomen's wear stores. The automotivegroup is comprised of motor vehicle deal-ers and automotive parts stores,
(lompuri^on, New and Old Series.The comparison shown in chart 1 be-
tween the revised seasonally adjusted in-dex for all retail stores with that previ-ously published reveals differences which,on the whole, are rather small, The twoseries are, of course, very close for themonths of 1935 and 1939 since both areadjusted to census totals. Revisions in1936 and 1937 are also minor, but thenew series is lower by about 1 to 2 percentin 1938.
In the period since 1940, the revisedseries is higher. Especially is this trueof 1941 and 1942. The revision increasestotal annual sales for each of these 2years by about IV2 billion dollars, or 3percent.
In 1943 the new series shows less in-crease from the preceding year than theold, and the amount of the revision is,therefore, less. The fact that month-to-rn onth changes in the seasonally ad-justed index are quite different in a num-ber of months is due chiefly to changes inallowances for number of business daysand to changes in the seasonal factors,especially for the automotive group.
in 1941 about half of the V/2 billiondollar upward revision is in durablegoods stores. Beginning in 1942, how-ever, the new durables series shows a
much sharper decline than the old, andduring the last half of 1942 and the firsthalf of 1943 it is actually lower than theseries previously published. The newseries for nondurable goods stores ishigher than the old in almost everymonth of the last 3 years.
For some of the major groups of stores,revisions are relatively large, The larg-est changes in the annual estimates for1942 are the 14 percent upward revisionfor the home furnishings group and the9 percent downward revision for fillingstations.
Retail Trade in 1943 at Record Level inSpite of Decline for Durable Goods.
Sales of all retail stores are estimatedon the basis of the first 9 months' salesat 62.9 billion dollars in 1943. This isthe highest total on record, 9 percentabove the revised 1942 total of 57.8 bil-lion dollars, the previous high record.The increase from 1942 is larger in dol-lars and nearly as large in percent asmost years during the decade since thebottom of the depression.
After allowing as far as possible forprice changes, the 1943 total is reducedto 47.7 billion 1935-39 dollars, only 1percent larger than in 1942.
These increases occurred notwith-standing the declines in most durablegoods groups. Sales of all durable goodsstores, which amounted to 15.6 billiondollars in 1941, were cut to 10.1 billionin 1942 and are estimated at 9.1 billionin 1943.
For the years through 1941, sales ofthese stores were closely related in alinear manner to consumer disposableincome, as may be seen in chart 3. Hadthis relationship continued sales wouldhave been in the neighborhood of 26billion dollars in 1943, or almost threetimes expected sales.
It may be true that even without re-strictions on production and sale of dur-
able goods, sales would not have reachedthis very high figure. Nevertheless,there is strong indication that at thehigh level of income expected by manypeople after the war, sales of durablegoods stores will be at an unprecedentedlevel. This is true even if no allow-ance is made for accumulated demandbrought about by war time scarcities,
In the case of nondurable goods stores,sales through 1942 were well In line withdisposable income. In 1943, even withrationing of meats and fats, cannedfoods, shoes, gasoline and fuel oil, andwith more effective price controls, salesare only slightly below the line of rela-tionship for earlier years.
General Nature of Revisions.The former estimates of retail sales
were based to a major extent on sales ofidentical stores collected by the Bureauof the Census and of identical chain firmsreporting to the Bureau of Foreign andDomestic Commerce. Samples of iden-tical stores and, to a much less extent,of identical chain firms reporting on avoluntary basis have three importantbiases when used for estimating sales ofall stores.
First, identical samples do not allow forretailers coming into and going out ofbusiness. Second, such samples have aninherent bias toward old, well-estab-lished firms which may have substan-tially different sales changes from firmswhich have been in business only a fewmonths or a few years. Third, the re-fusal rate on voluntary samples report-ing each month is very high—more than50 percent for independent retailers inmost kinds of business—and it is quitepossible that firms refusing to- reporthave different sales changes from thosereporting. In general, it is difficult tosay how important these biases are, al-though cases can be cited where they arelarge.
Chart I.—Sales of All Retail Stores, Adjusted for Seasonal VariationINDEX, 1935- 39 - 100175
150
I 9 5 _ _
iOO
1936 1937 1938 1939 1940 1941 1942 1943D, D. 43-621
- : I*. S. Department of Commerce,
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November 1943 SURVEY OF CURRENT BUSINESS
Table 1.—Sales of Retail Stores by Kinds of Business, by Years[Millions of dollars]
i " 2 o i . i , ! i « » j - l ' M i , V ) \ : H . ; ^ ' f l u : " i l . 1 1 2 ! " I i
M l MM . i i - t . n t s
I > u r i b l i m > i . d - ^ini
P it ' s H i d H v V ^ i . J I t *>
H i n h i ' m m a t t / l a h a n ! h r d v
I< ) ' P I l m p l e n M i ' l -
i l . n d w l i e
I P I , ' o i u i c r i d ii«>u-~.<* J t H i . v
l l o i i ' - i l i ' i ! , i i j . p h n n>~> a n d i
. ' I ' w e i i v
\ , r d i " il>.< - n o d - t > u -
\ p p l»i 1 » H i ! 'V < ' i s J . . ' l i ! i , ^ S P d M j . p ' d l
U . » i i. o s a n p ) i \ a i - i a m -
1 I ' I P ] v I ' l t l o ' l l C t l ] ) p IK 1
I M i l \ l . , K
L a ' i n e i n 1 d n n k n m \ 1 i< t •«
N J"1* 2 1 , ; > ' 7 , . 2 , 7 0 2 3 \ .3 >S 1 2 . 1 " 0 . { * . 0 " \ 1 2 . 0 1 2 t o . KM ; . * . • 37 7 7 M « , 2 . '
M M \ ~>[\ \ i , 2 i > *». ^ M 1 1 » « " . v ,
i. H i 2 ! ! 12 i M . i .", S 0 2 *,, . ••> .
, -si*. I J12 1 , ^ ) 1 2, <'iJ 2 . N H . M K 2 7 3". 3 1
2 t 2 . N " l 1. 10" , 1, if.', 3 7 3 ' 1 " .1 ! 7 0 ! .> ,
12 41* r •. ,I, M,2 '> 11 1
2 1:
I • . J - \ u .
" O M M i 1 i 7 . < o ' " I "• •> t . 2 ' < It.1'2 . 7 ' '».'» 1 /in '.I,r, 3 s j t , 1 j ' . i ) 1 , 7 , j . j_» j |j J •<•> '? ' H I1 M . I|I, s-,_» 1 psj J j",i 1 . ] i 1 20 1 >'2 1 . ^1 - i " ' - j.'ii'o
•l_ ' i t..N " >> " « r» ' 1 tod M' I' - 'n.i»" , ' I . " fcr 207 t
J17 J I I o'.2 Pt i --7 7 » ! , " ! . •
.W 27'« 1 ' ' . 7 , 2 ) I1 '" 2s IT . i l ' 7" 2(> 1 .2 »! , •" - • > 1)V^ i«. * i2 i~ 7i * 1 "1 2 1 ! i 'Ml 2 i> ' > ] 0 _ y, MS 2 ,00s < 2"> 1 -5 i l l 1. ! ' ~ " I ' i t. \ <
1, r>N , . 1 2 7 2 7 * • " ^ 7 ^ .{ N ' , I V s s i o o » , 1 _ ),, 1 \
j l*'i ',~.t I 0 2 " i,2» I i> . 2 1 ' 1, >_> I il . , »)''» 2 1 7 - 2 ^7 .V,0 20l« ,]S2 ;"•- i M II I 4 7 ' ' ' U t, r , ' , 1 '•_•*M<7 4-3 011 M . < i 5 » . . " " 1 C 1 7 < - 1 , < > t . • < < « , ] i i _ " .
1 ( > ' • ( , 1 (|.,i, 1 j j j 1 \\) 1 ] ",., 1 i 1 I, -(,-; 5 r I ^7-. j j ^ i 2 7<II.2 12 ' I. TO 2,.>>1 2.742 .*, 2M i l ^ l 3,.'2o >^"» 1 7 " , t . 1 7 , N I - . '
I'1 007 »,, 77t s ,{h2 9 ,013 0 711-s lf o ^ ' !(/, I**." In 00r 12 7»> 1,">, 7"> 17 (I'M7 .>i$ o , 0 0 1 n, <*O (1, N , 0 7 2<0 7 I s 7 7 722 s . }>\7 V - .el 12 i l l I , , I M I M
' . .O i l 1 ,772 2 till" J , 111 > 2 , 1 1 2 2. )2> J . M > .' . > ' 2, '72 „, • 1 i 5- - i l M »
0 0 1 " 1 <is2 "> 7^0 0 >',», t, (,7-i i) 11", 4. 4 7 . », M 7 7! l> U !• Ml > « 'MM1, •»"(' 2 , ^ .i i l l 3 700 ,*, 0 > ? , M 0 . 2 \H7O i l2'flf o , 0 2 7 t - . . V j " ••, l i ! i l
O i i . i i J ' m d c u p i l u i . l . r / i iOJlUM fdOd
] iIUMS - t a ' i o M ,
1 >i'p u ! >iionrv (uc lud . im m a i l o*«i* 1t j t n o i a l . lncliiduiJ/ ,?( noial i n e i c h a n d i
\Mllil.M)d 2"D 1,17b J.110 1,112 1. J .(« o*^ -»jj Old f'\n l# 1 .N 1,2V)O t i n j JMMKM il n i t i c h a n d i M ' a n d d i j c o o d s l .-j"il "00 ,',2S " ^ »>i9 tV)N (^('1 'hn ~k- \)U \ 10 s\ ' a i i ' t \ 9i ' l *',* 7bl s70 02"i '*! 7 ij77 1,1'T 1 ,17. 1, S l^ >.i\\
()ih»'i M'lail >foict» . 1 4"il l , 0 ' 7 2, s21 3 7)2". o, *»21 3 t o ,1 ^'-i1 1. i'21 " 211 f« 272 : j'«»I " t d n i ' i M M . i - u p p h i , l r ) 1<»; ,7V) ~ ' C o i . o (,".O 77U >vs~ l , ! r » 1 . 4 7 . L \ o ~ o
I U< I i»id 1C0 . I . O H «,2.i ^')9 1 , ( 'M I,Ot.u 0 J 7 l i . l t 1,1 l.i I 2-.M 1 ^ u I . - J OL i ' j i i o r 1 7 >2S }7"> ,"»"s ."-!M **f t>* i *%! 1 I , M n I I ' M
Book M O H ^ , new > dcal< j - % , s t a t i o n u v ^</i« > ?oo TO 174 17l* is» Ivl 20o 22> 271 2.d }( ' ^ a i - t n r o 110 100 1S3 '20" "21", 202 'J 1* IX1 A\ 2'K ]I ' l o i ' • > ( > > 1 7 0 . ,•) 0<> 122 1 T. 1 >N M0 l r . i lwj 2 2 ( M 2 , -S0>(>!'!((> i . [ h U ' i n i O i t a n d s t l p p h o b i 2 1 112 111 J -si 211 1S2 2 ^ 2 " " '.In ' 2 0O ' l h ' j . J (i 2 *27 I.i J ,T)J 0 ' " H I S 710 7^2 Oi.'i I , l i V j j
l ' ?«M s . Ati \',,r 'jQ U o;>2 2^ 2f>2.'{i * i» .3 ' iS74 t lu "27 5 7 , 7 1 ! ^2 .117 )'> i T ' 1 H'7 J7,0->7 17,0";0
1 Estimatod on the basis of sales for the 'nearest million; for the subgroups, to the n
^i ' ! n i o n t i - s
m o t 2"> n i . l ! n n
All this is not intended as a criticismof present sampling methods in retailtrade. On the contrary, it may be moreimportant for the retailer to know whathas happened to the sales of a fairly con-stant sample of stores in his line of busi-ness than to know what has happened tototal sales of all stores in the same lineof business.
For estimating sales of all stores ineach kind of business, however, the biasesof the independent stores sample areserious. Especially is this true in thecurrent period. This sample had adownward bias from 1935 to 1939 in al-most every kind of business partly be-cause the total number of retail storesdoing business increased 11'2 percentduring these 4 years.
At the present time, the total numberof stores is declining rather than in-creasing, at an even more rapid rate.There is other evidence also that whereasthe Independent stores sample had adownward bias in the pre-war period, itnow has an upward bias.
In view of the shortcomings of iden-tical samples for estimating total sales,an important change in the methodol-ogy has been introduced in the revisedestimates. This consists of using re-ports of sales tax collections in 11 Statesin addition to data formerly used forestimating retail sales. The states areOhio, Michigan, Illinois, Iowa, Missouri,West Virginia, Mississippi, Oklahoma,Colorado, Washington, and California.These States had 35 percent of retail
i -n i h o r n 1 j . - i
sales in the United States, according tothe Census of Retail Trade for 1939.Where possible, taxable sales were usedinstead of tax collections.
Sales tax data, while subject to severallimitations, are an important addition toretail trade information. Like the gaso-line gallonage taxed, the new passengercar sales, and the used car financing se-ries used in the old estimates of sales ofall retail stores, they automatically al-low for retailers coming into and goingout of business. They reflect changes intotal sales rather than changes in salesof identical retail stores or identicalchain firms,
This is not to imply that sales taxcollections do not have their own short-comings. Perhaps the most importantof these is the possibility of geographicalbias. The 11 States listed above do notinclude any States east of Ohio andWest Virginia,
Comparisons of income payments inthese 11 States with income paymentsin the United States were made forthe years 1929 through 1942 and ofretail sales as reported by the Censusof Retail Trade for the years 1929,1933, 1935, and 1939. These compar-isons are shown in table 2. The onlyimportant difference in movement seemsto be a slightly greater cyclical move-ment for the 11 States. The bias whichwould result from this fact is largelyremoved by adjusting estimates to Cen-sus levels and carrying forward, the an-nual rate of adjustment.1
Table 2.—Salo.s of Retail Stores and In-eo lie Payments in 11 States for v>biehSales Tax Collections W'ere 1 ed, andIn I ho I nilod Stalos
\ l P w i n , ' C ' i i l - ' ( h IM •( f r o m ' ^i , >• ,1 d o ! : i i - • ; i-ai s l u r s o i m - | ,'
l i t , %;1 i h v - , - U ' i C i ' S 1 i !
IT i m ' i-v, r , » « \ , <
* 2 M ' 2\ "M7 I.1 11 10 I i! ".11 ' OS I )2 T'M - r> .i 1 i i 7 j i5 si I " « M 12,012 .i() 7 1 2S 2 1
I.if i" • piIPlMli-
I t M " 10 27 i : — 47 0 , - 1 4 010, tj7I ."v 10i I 4 JO (> I 4 it, 4'22, s i " 07 0"«7 -j- 17 0 , -4-10 2
1010i<« n1912
21 0702 ', 1 *2>A 070
72,27- \ - r s I<••) 117 I - i ( ) 1 I70 ,001 ' I <> ') ,
, 70 220 I ^ I ,
0 1i l H ,
1- s ")M) S
(1
in | 21 0 ^-20 »*.
'-it tM 0
.3,5 1:n 0
Hi I;3i '3,'31 7
P t S N i i 0 ' , m * - < < i M u n M i t o o t h u \ < \ u ^ n o n o tj u n i l i h l e ' o r l'J3"> i h n » m d i 10,3^ Viv i r e s - h o w n art1 i t o mf u H 1 ' J 1 2 ^ M ^ K ' f'i C ' i ' H ! < \ T 13' » i \ i ^s a n d H».ili «'sti-m i t c - > h m \ n J ' . i i * diniM l i o m H ^ I M H I n - u r e s lo r l'« *0 b ykiv--> t c i n " 2 ]>t r u i't
N I I I K I f S l)v}> i r ' i n i ' i i i oi ( ' o ' l i i i H T c P , I t i ' i o a u of t in 1
( t ' t i v h Ku H { .il tia<U a n d H i m i»i of Vov L n a n d D o -m c - t i c ( o i n n i e r t o for i n c i m t T » a \ n i ( i n - ? .
Sales tax reports are received frommost States 2 to 4 months after the closeof the period in which sales were made.Tax returns are sometimes filed as muchas a month late and some collections areobtained only after audit or court deci-sions. Hence collections in any onemonth are frequently not a good indi-cator of sales during that month.
For these reasons, tax data were usedonly quarterly, and monthly interpola-tion (and, for the most recent 1 to 3months, extrapolation) was based onsamples of independent and chain stores.Other weaknesses of sales tax materialin estimating sales of retail stores are asfollows:
(1> Classification of stores by kind ofbusiness differs somewhat from State toState and in no case corresponds exactlyto Census classification. There is astrong tendency to accept each retailer'sown classification of his business.
(2) Sales not for resale made by per-sons other than retailers are taxed tosome extent in all States and in somecases are not segregated completely fromsales of retailers.
1 Not all of these States were available forall-kind-of-business groups for which salestax reports were used. Ohio and California,for example, exempt from taxation food soldfor off-premises consumption and thereforecannot be used for estimating food storesales. Comparison of these two States withthe other nine States, as regards sales taxcollections for other kind-of-business groupsshows that retail sales in Ohio have risenless and those in California more than inthe other nine States in the period since 1939.Since these differences in movement largelyoffset each other, omission of these twoStates results in little bias for this period.
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8 SURVEY OF CURRENT BUSINESS November 1943
*3) Exemptions from taxation arefairly numerous in some States, andseveral commodities, including gasoline,liquor, feed, and farm machinery areexempted in most States.
(4) In Illinois, and to some extent inother States, collections, i. e., cash re-ceipts, are taxed instead of sales. Thistends to reduce the amplitude of cyclicalfluctuations in the reported data forthose kinds of business where instalmentsales are important.
It is believed that in the estimatespresented in this article, the weaknessesof sales tax collections as an index ofsales of retail stores have been mini-mized. As regards point (1) the greatestconfusion arises in the case of generalmerchandise, dry goods, and generalstores. In view of this and the fact thatthere are available samples of depart-ment and variety stores representingmore than 75 percent of the sales ofthese two classifications, sales tax datawere not used for the general merchan-dise group.
Table 3.—Percentage Difference BetweenSales as Reported in* 1939 Census andEstimated Sales for 1 9 3 9 ^ E l dfrom 1935 Census
Chart 2.—Sales of Durable and Nondurable Goods Stores, Adjusted forSeasonal Variation
INDEX, 1 9 3 5 - 3 9 = 100
Kind of business
A ut omotivc group . - - -Motor vehiclesParts and accessories .
Building materials and hardwaregroup
Building materialsFarm implementsHardware
Home furnishings group. . . .Furniture and nouscfurnishings.Household appliance and radio
Tewelry stores -A pparel group
Men's clothing and furnishings .Women's apparel and accessories.Family and other clothing _..Shoes-*-.-
1 )rug storesFating and drinking places.Food group . . . .
Grocery and combinationOther food
Filling stationsGeneral merchandise group
Department, including mail order..General (incl. gen. mdse.) with
food . : . . .Other general mdse. and dry goodsVariet v
Other ret ail stores . _Feed and farm supplyFuel and ice. .LiquorOther
Perc 'Ml nee dif-fere nee '
Revisedseri<
6.7.1.
1.4.207_
— 1.— ] .
-- 4.4
— 5.— 4.
2.- 5 .—.
- 3 *12._3.
- 1 6 .— 2.
7.7.
—3.
14.14.
q
620
9
9
1
233o
0(5383293613
710fi4938
Seriesshown"in Oc-tober1941
S P R V E V
6. 9
15.0
16.4
15.fi7. 5
" " 11.033. S12.3
h'h- 3 3
19. 7
! Pifl'eronees are shown as percents of the 1939 estimatesextrapolated from the 1935 Census.
Point (2) affects chiefly household ap-pliance and building materials dealers,where sales to and by building contrac-tors represent a difficult problem. In theformer case, the independent stores sam-ple from the Bureau of the Census wasused for the period 1935 through 1938when new construction had a muchsharper upward movement than did re-tail sales of appliances.
The sales tax series was used begin-ning* in 1939 because new construction
S75
150
100
75
5 0
, [
T/VV
M
DUR
1
V
j 1 I 1 ! ! 1 i 1 i 1 ! 1 I I 1 I 1 1 11 1 1 I ! | 1 1 1 1 1 1 1 1 !
ABLE GO
J
1i M 1111111 i
ODS - ^
i/
-)NDURAB
i 1 1 M 1 ! 1 1 1 1
$$
HJ
K\
. f GOODS \
! 1 1 i 1 1 i | | j |
J
, ,m n l , - ,
1935 S936 1937 1938Source : V, S. Department of Commerce.
1939 1940 1941 1942 1943 1944
and retail appliance sales have movedmuch more nearly together and becauseduring 1942 and 1943 there has been adecline in the number of both applianceand radio retailers. In the case of build-ing materials dealers, the sales tax series,while not entirely satisfactory, was usedfor the entire period as being more ac-curate than any other information avail-able.
Because of point (3) sales tax datawere not used for estimating sales offilling stations, liquor stores, feed andfarm supply stores, or farm implementdealers. Partly because of point (4)sales tax reports were not used for motorvehicle dealers.
With their weaknesses minimized inthis way, sales tax collections reflect withsurprising accuracy changes in sales ofretail stores. Table 3 shows the percent-age differences between 1939 Censustotals and 1939 estimates before adjust-ment to Census for both the old seriesand the revised series. The closer agree-ment with Census of the new estimatesis due chiefly, but not entirely, to theintroduction of these sales tax series. Italso reflects in part differences in pro-cedure.
In the first place, revised estimateswere prepared for more kinds of busi-ness, which should result in more ac-curate estimates for major groups. Sec-ondly, while the choice among availableseries was based principally upon logicalgrounds, there is undoubtedly a tendencyto choose a series which checks well withthe percentage change shown by Censusthan one which checks poorly.
Since more series were available tochoose from in the revised series, someimprovement in comparison with Censuswas to be expected. Nevertheless, thecloseness of agreement with Census in
the revised series, especially for majorgroups, is impressive.
Sources and MethodologyThe remainder of this article is de-
voted to a somewhat more detailed de-scription of sources and methods used inthe estimates of sales and indexes of salesof retail stores.Sources.
Table 4 shows the series used for esti-mating sales in each kind of business.Series based on sales tax data have a totalweight of 61 percent in the combined in-dex, including the part of "other retailstores" which moves like sales tax series.
The sales tax material used for thepresent estimates was obtained from 11States. Of the 11 States used, sales taxreports are received weekly from Ohio,bimonthly from Washington, quarterlyfrom West Virginia, Iowa, and California,and monthly from the remaining 6States. In most cases, published reportswere used. But for West Virginia, Mis-sissippi, and Colorado, special tabulationswere kindly furnished by State officials.
Reports for all of the States exceptMissouri show classifications of tax col-lections, and in some cases taxable salesalso, for 20 or more kinds of retail busi-ness. In Missouri only 7 retail classifi-cations are shown monthly although 38are available annually.
Data other than sales tax reports werealso included for the first time in therevised retail sales estimates. They in-clude sales of chain firms and of inde-pendent stores in several kinds of busi-ness, not formerly available, retail salesof State-operated liquor stores, retailtruck sales, highway use of gasoline, andfarmers' expenditures for farm machin-ery and for feed and certain farm sup-plies.
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November 1943 SURVEY OF CURRENT BUSINESS
The sample of State-operated liquorstores includes 15 States and representspractically complete coverage of State,county, and municipal retail liquorstores in the United States. The truckseries is, on the whole, nearly as ade-quate for estimating retail dollar salesas the passenger car series already used.The Public Roads Administration esti-mates of highway use of gasoline weresubstituted for the American PetroleumInstitute series on gallonage taxed. Thiswas done because the Public Roads fig-ures are believed to eliminate more com-pletely refunds for nonhighway use, in-cluding war use.IvNtiiiiute!* of Monthly Dollar Sales,
Where different monthly and quar-terly series were used for estimatingsales, as in the case of filling stations,quarterly estimates were first obtainedand adjusted to 1935 and 1939 censuslevels yielding dollar sales.
The following procedure was used formonthly interpolation: (1) the month-to-month percentage changes were con-verted to an index with January 1935=100; (2) this index was totaled by quar-ters and the ratios of the quarterly sales,adjusted to census, to these totals werecomputed; (3) this ratio was used forthe mid-month of the quarter, andlinear interpolation between quarterlyratios provided ratios for interveningmonths; (4) the product of each ratioand its corresponding monthly indexresulted in a set of preliminary monthlyestimates of dollar sales; (5) a smallarbitrary adjustment was made so thatthe months would add exactly to thepreviously determined quarterly totals.
In some cases, grocery and combina-tion, for example, both chain and inde-pendent store samples were available formonthly interpolation of quarterly es-timates based on sales tax reports. Inorder to break down these quarterly es-timates by types of operation, chainstore sales were deducted from the totalafter both series were adjusted to the1935 and 1939 censuses to secure thesales of independent stores. The processoutlined above for filling stations wasused for monthly interpolation for inde-pendent stores. Finally, monthly esti-mates of independent and chain storesales were added.
The sample of chains is composed ofidentical firms and though it does not ac-count for births and deaths of organi-zations, it does take into considerationchanges in the number of stores with-in each chain firm. This sample thuslacks some of the bias inherent in theindependent store sample and for thisreason the independent store sales es-timates were obtained as residuals asexplained above.
In the case of apparel stores,2 salestax reports in most States do not classifythem by types. In order to computeseparate series for the fours kinds ofbusiness in this group, the chain storesales estimates for the apparel groupwere deducted from the estimates for allapparel store sales by quarters after ad-justment to census. This residual wasused to represent independent apparelstores sales.
r,r>47n:>>--4:-: —-_»
Tablt^i.—Series I soil in Estimating Sales, 1>> Kinds of Business
Kind of bu
Automot ive m< v\>Motor v< hi< !> s
11 totalmd< \ »
"H Hi K M (1 fol 1 II ) t i l 4i,U it U 1) - t l e - st minting mon th ly sales
Par t s and accessories... J
Bui lding materials andhardware group.
Building materials
F a r m implements
0. 'A
3.9
\
I
I
11
l ' V »
n i
< '< I
, s
UiV, \l<
II
.1
".,
I 1 - i
[) . x
( 1'
' - l l -
' i l l *} '
1 [
s
f
1
!
J
_ril
I '
\ x
w
'( \
) 'III
I'l
Jj '
K -
M i l
l ) . » U i .
» > . I
" 1 I ' 1
' I n k ">
. 1 U 0
1
, Bii i- t u (
< a i ("
)V t )i
....d
i\ >
; 1.1 b
( s,
111
1 1 1 -
11-
IndepBui
In-iei,deal
Chainsail-Cos.
*n lentIII Of t
•n-r
;
i l l
lentMtileb
C('(\<;'>
Bune i <•{>
motor!H ('ensus
aeee>s-Bure
ory, tall of
< > r >i nre,F(
eliiele
-, tiieof the
and>reiun
deal
, an
:r >
1 bCensu--battcand
rvDo
a l e s -
( i . - l leines t it
Hardware..
Sales tax tepoits -I1") States
Chain faun implement dealersales—Bureau of Foreign andDomestic Commerce.
Farmers' purchases of farm ma-c h i ne r \ , including tractorsBureau of Agricultural Econom-ics.5 6
Sales tax reports 0 States,.
Home furnishings group..Furniture and house-
furnishings.
Household appliancesand radios.
Jewelry stores
A pparel groupMen's clothing and fur-
nishings.
Women's apparel andaccessories.
Family and other cloth-ing. "
Shoes,
I 4.1j 2.8
1.3
7.92.1
1.2
1.5
Sales tax reports -11 States.Sales tax* reports ^ Slates
Sales tax reports- 9 States...
Sales tax reports—10 States
Sales tax reports- 11 States .
Independent lumber and building materials,heatmir and plumbing equipment dealerale:-, Bureau of the Census.
Chain lumber and building materials dealer>ales Buieau of Foreign and DomesticCommerce,4
Chain farm implement dealer sale* -Bureauof Foreimi and Domestic Commerce.4 5
Independent hardware Moie sales Bureau ofthe CeiiMis.
Chain hardwaie store sales Bureau ofFoie'unand Domestic Commerce.4
Drug stores
Eating and drinkingplaces.
3. 7 j Sales tax reports—10 States..
.do.
Food group.Grocery and combina-
tion.
. | 24. 2 jI 18.3 !
Independent lurniture store sales Bureau ofthe Census.
Chain furniture store sales - Board of Gov-ernors of the Federal Reserve System.4
Independent household appliance, radio andmusical instrument store sales -Bureau ofthe Census.
Independent jewelry store sales—Bureau ofthe Census.
Independent men's clothing and furnishingsstore sales -Bureau of the Census.
Chain men's wear store sales—Bureau ofForeign and Domestic Commerce.
Independent women's ready-to-wear storesales—Bureau of the Census.
Chain women's wear store sales—Bureau ofForeign and Domestic Commerce.
Independent family clothing store sales—Bureau of the Census.
Weighted combination of sales of chainmen's, women's, and shoe stores—Bureauof Foreign and Domestic Commerce.
Independent shoe store sales—Bureau of the> Census.
Chain shoe store sales—Bureau of Foreignand Domestic Commerce.
Independent drug store sales—Bureau of theCensus.
Chain drug store sales—Bureau of Foreignand Domestic Commerce.
Independent eating and drinking placesales—Bureau of the Census.
Chain restaurant sales—Bureau of Foreignand Domestic Commerce.
Other food......
Filling stations..-
Sales tax reports—8 States I
.do.
General merchandisegroup.
Department, includingmail order.
General, including gen-eral merchandise,with food.
Other general merchan-dise and dry goods.
Variety.
6.5 I Gasoline sales series obtained byI multiplying:j (1) Net gallons of motor fuelI taxed—Public Roads Ad-\ ministration.j (2) Price of gasoline in 50 cit-
ies—American PetroleumNews.
1G.3
9. 7
2.8
1.5
2.3 !
Same as monthly series
.do.
_do_
Independent grocery and combination storesales—Bureau of the Census.
Chain grocery and combination store sales —Bureau of* Foreign and Domestic Com-merce.
Independent other food stores sales—Bureauof the Census.4
Independent filling station sales—Bureau ofthe Census.
..do.
Department store sales—Board of Governorsof the Federal Reserve System.
Mail order catalog sales—Bureau of Foreignl and Domestic Commerce.! Independent general store with food sales—[ Bureau of Foreign and Domestic Com-j merce.j Independent dry goods and general merchan-I dise store sales—Bureau of the Census.4
Chain dry goods and general merchandiseI store sales—Bureau of Foreign and Domes-I tic Commerce.I Chain variety store sales—Bureau of ForeignI and Domestic Commerce.
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10 SURVEY OF CURRENT BUSINESS November 1943
Table 4.—Series Used in Estimating Sales, by Kinds of Business—Continued
Kind of business r i e s u s e d f o r monthly sales
Other retail storesFeed and farm supply
Fuel and ice.
Liquor....
9.11.9 ! Farmers' expenditures for feed,
; fertilizers and lime, seed, ands insecticides—Bureau of Agri-' cultural Economics.6
2.5 '. Sales tax reports—10 States.
J. 3 Same as monthly series....
Other storesBook stores, news-
dealers, and station- :
ery stores.Cigar stores_._ ..FloristsOffice supplies and
equipment.Other .
Independent farm and garden supply stores—Bureau of the Census.4
Independent fuel and ice dealer sales -Bureau of the Census.4
State liquor store sales—Bureau of Foreignand Domestic Commerce.4
Independent liquor store sales—Bureau ofthe Census.4
Sales tax reports—9 States 6..
, 5 ] Sales tax reports—10 States 8.,_. ., 4 I Sales tax reports—7 States <L_. 5 I Sales tax reports—10 States 6.... ...
i. 5 Same as monthly series s
Total of sales of drug stores, home furnish-ings group, hardware stores, automotiveparts and accessories stores, jewelry stores,and one-fourth of the general merchandisegroup.
1 Percent of sales of all retail stores in the 5 years, 1935 through 1939.2 Beginning February 1942, unit sales estimated from ration certificates issued by Office of Price Administration and
War Production Board.3 Because of the increase in the proportion of cash sales, this series was increased by 5 percent in the last quarter « f
1941 and the first quarter of 1942, and by 10 percent thereafter.4 Series not used for part or all of the period 1935-38.5 This series is something of a hybrid. The sample census giving sales by quarters for 1937 and the first of 1938 was
also used. Beginning October 1942, sales are estimated by months and years from the independent farm implementdealers' sales series of the Bureau of the Census with a downward adjustment of 1 percent per month,
6 Annual estimates only.
("hart 3.—-Relationship Between Sales of Retail Stores and DisposableIncome of Individuals
40 60 80 100 120 140DISPOSABLE INCOME OF INDIVIDUALS (BILLIONS OF DOLLARS)
jSource : U. S. Department of Commerce.P. D. 43-596
Preliminary sales estimates for inde-pendent stores in the four kinds of busi-ness were computed, based on both year-to-year and month-to-month changes inthe independent store samples and ad-justed to census totals in 1935 and 1939.These were adjusted proportionally tothe quarterly estimates for independentstores just described. Finally, monthlyestimates of independent and chainstore sales were added for each of thefour kinds of business.
Annual estimates of sales of feed andfarm supply stores were based on theclose correlation found to exist betweenthe sales of these stores and farm oper-ators' expenses for feed, seed, fertilizer,and lime, and insecticides for the censusyears 1929,1933,1935, and 1939. A linearregression equation was computed to es-timate the sales of feed and farm supplystores for the noncensus years.
As a rule the adjustment to censuslevels in 1935 and 1939 referred to abovewas carried out in the following way:(1) the quarterly or monthly sales serieswas first raised to the 1935 census levelby multiplying sales for each period bythe ratio of the 1935 census total to thetotal of the series for 1935; (2) the per-centage difference between the 1939 cen-sus total and the 1939 estimate based onextrapolation from the 1935 census (seetable 3) was distributed on a linear basis.
In deciding on whether to hold the ad-justment factors constant at the 1939level, i. e., assume that the bias in theestimating series stopped in 1939, or toextrapolate them at the same rate as inthe 1935-39 period, an attempt was madeto find out what caused the difference in.1939. Data on number of stores wereuseful in this connection.
In a few cases, such as filling stations,for example, it was decided that themajor cause of the difference was achange in census definition between 1935and 1939, and the adjustment factor wasnot allowed to increase much above the1939 rate. In other cases, including gen-eral stores with food, it appeared thatstores were actually declining in number,and the downward trend in the adjust-ment factor was continued.
In many instances where these factorswere close to 100, it was not possible toascribe them to any one cause. In mostof these, if the adjustment was down-ward, the declining trend was continuedat the same rate through 1943. Whensmall upward corrections occurred, how-ever, the adjustments were generally heldat the 1939 rate. This procedure wasused because it was felt that sales-taxcollections may have a slight upwardbias due to more complete enforcementas the taxes remain longer on the statutebooks.Number of Business Days.
Retail sales in a given month are some-what dependent not only upon the num-ber of business days but also upon the
2 The estimates for furniture and housefurnishings and for household appliances,and radios were adjusted to those for thehome furnishings group by a somewhat sim-ilar procedure.
3 Men's clothing and furnishings, women'sapparel and accessories, family and otherclothing, and shoe stores.
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November 1943 SURVEY OF CURRENT BUSINESS
Table 5.—Sales of Retail Stores by Kinds of Business- 1935-13 !
[Millions of dollars!
D u r a b l e g<>
Year and month! All !
retailstores
A u t o m o t i v e g r o u p H u i l d m g i ] > n t ™ i > a n d hanlwf.r . - n i i n u . r I l l l l l N » , i n p
I i ' • . ! I1 u r n i -
ppan-1 LTOU
i Motor i ^ , | Build- FarmTotal | vehicle! &™. I Toial ing ma- iraple-
I = |S!
House-
»"*• I Total ! - ' ' »,..,,„ i oiai i ipiiance>ware nouK- ,l , ,
i furnish- andTotal
'rr-i^-
Mon's W . ' m i '
andand1g
furnish-ings
First quarter. I 7,Second quarter , | 8,Third quarter..._. j 8,Fourth quarter. .-- . .- j 9,
Monthly average j 2,1936: I
First quarter . .Second quarterThird quarter. . . - _. ,Fourth quarter._._ j 10,
Month ly average j 3,1937:
First quarter ___. 9,Second quarter. | 11,Third quarter ... | 10,Fourth quarter. - - j 11
Monthly average I 3,1938: |
First quarter j 8,Second q u a r t e r . . . . . . I 9,Third quarter. . \ 9,Fourth quarter-- | 10,
016468145102
733
933992595818
J 95
232 |161 I700 !056 j
512 I
372 !518 i336 j827 I
Monthly average .1939:
JanuaryFebruary .M arc h _ _April -May . . ._ . ._ . .June . . - - .JulyAugustSeptember-.October..November. _ _.. j 3,December . - . . I 4,
3,171
Monthly average1940:
January, _________.., . . . . .February. _____..-.March_ _ _ _ _ ____._.April ._______-. --_--_-_-May...., _________ ..J une . , . -July . . -August - - . - . -September . - - - . . - . - - . - - -October. — . . . . - . . .November _.December . _.. . .
Monthly average1941:
January .February . .March .__._. -A pril. _ „ _ _ , . . . .May.._-__.______---_. —June . . . „ .,July . . . . . . . . .August... .September .OctoberNo vein ber . _.December . . . . . . . .
3,503
Monthly average. . . . 4,6361942:
January ._.__ ..... 4,355February 3, 891March. 4,544Apr i l . . . 4,726May...__ . 4,774J u n e . . . . . . . . . . . 4,650July ...._______ 4,563August _ 4,782September j 4,966October . . . _ _ . 5,430November . . 4,966December . . . . 6,138
4, 815
3,1983,1083,7513,7594,0083, 9803, 7414,1983, 7383, 8844,1314, 905
3,867
3, 7043, 5904,2834, 6034, 9304, 7574, 7064,9504,7224,8714, 7155 " "
4,4524,459
Monthly average1943:
January. _„February .March ._._ I 5,002Apr i l . . . . . ! 5,212May __ — .__. 5,184June . . . . . . 5,319Ju ly . . . . - 5,139August..--... ._._.! 5,087September- _ _ _ _ . ..J 5, 352
1 Detail will not necessarily add to total because of rounding.
1, 4982,1721, 9342, 021
635
1,8662,8879 5112, 599
822
2, 3653, 3152.8852, 506
923
1,8272, 2962,0682,401
710
639611851885983956868853822939926
1,047
865
765765986
1,0881,1521,1561, 061999919
1,1771,1181, 232
1,035
1,0271,0411, 2991,4661, 6041, 5451, 4601,3621,1441,2341,1401,314
.1, 303
836739869925905861806811817864749889
839
583582718792805810779777773
8751, 2521,0641, 046
353
1,1051,7201,4031, 330
463
1,4041, 8901, 5771, 196
506
9741,1791,0101, 203
364
362347501490534531483430378461502624462
454447597622634669591507432633648628
572
622633820892980926835671467574563560
712
331243259248247252245233212208184180237
167158
j 2141 230! 231! 231| 230
226220
8021,151963946322
1,0221,5971, 2781, 205
425
1,3041,7521,4391,073
404
8891, 062888
1,070
326
328315463454488477435384331419458472419
417413556576584613538452388585595568
524
580592772832914853762597399506501485
650
269192205196192196189178158150130117181
119112163174170166164160153
72100101100
31
83123
125
38
100138138123
42
86117122133
38
343238414754484648424352
44
383441465056535544485260
48
424148606572737468686376
63
625154525556565555585363
56
484651566165676667
33:.."•(It!DOS,"1J
l.V,
417650
67s
19!.
521hUi77171S
23 1
47360364605 1
203
148134202230263249234250264291250222
228
166160216273299282286281295329269253
259
223211258318331350366371387400320327
322
276262327380366342321309328349280259317
202199250282283295285287291
191290MC
91'
211375JO.'!412
VS2
31U1714 5473
145
29039s412130
128
9984123137164159147170173191175138
147
10998127161188177183191196223188158
167
147129152188206219234244247259218193
203
171151190223232214206200206215176142194
122116143161161171168177180
58918162
24
70110987529
911361147935
751099306
29
161933403431or
2734391919
29
172439494038413038402021
33
263245544451524454552738
44
36455460454337324047272841
242836403939383234
80128122131
39
103165147161
4S
120194371166
5-1
108156141158
47
34324653655852525760566552
40385062716661606066617459
505061758180818486867596
75
69668497898578778288778982
56557181828580
I 77i 77
24d357316370
107
298454398465135
378545460463
154
324389354424124
107no128138158148129148153162146208
144
120135147168186173157180163183168241
168
152168189221249223218273229223210288
220
190196241253242213192213220239210269223
163170196216218209195
1 194190
233202219
71
196303260324
90
257370307320
104
21626623929284
727687051119887105107114104143
100
8192101116131116105125113126120165
116
104114128151173150145187154158149200151
128131
- 166182184160142162163182160204164
121128152169176167156157154
78125111122
37
103151139141
44
122175153142
49
107124114132
40
353441424749414246484265
44
39434652555752555057487652
48546270767373857566618869
62657672585350515757506560
434243464241393736
142544693
20
466362126
25
627977129
29
566458120
25
212021222829222527262893
30
2423262632332731293234110
36
3030313644464047603747138
49
4039414450544855.58687518163
515458647375697174
5,5186, 2966,211 i7,141
2, 097
6,0687, 1057, 084H, 2.19
2, 373
6, 8677,8477,8158, 550
2, 590
6, 5457, 2227, 2688, 426
2, 455
2, 2212,1382, 5282, 5862,6512, 6182,4812, 5702,8252,8092.7443; 493
2, 639
2,4342, 3432, 7642, 6702,8572. 8242, 6803,1992,8182,7073,0133, 674
2,832
2,6772, 5502,9853,1363,3263, 2123, 2463, 5883, 5793,6363, 5754,493
3, 334
3, 5193,1523,6753,8013,8703, 7903, 7573,9714,1494, 5664,2160, 249
3,976
3,8693,8774,2844, 4214, 3804,509
4,3604, 3104,579
500692606858
221
584805679
1,034
259
703865746
1,010
277
603756659980250
203184268288275262194220294315302453272
218196300261292283208254298326334473
287
248220301374357311260341395392390570
346
365293453424384375314374465537486722433
414496
: 472; 5721 479
540391422.544
131190157 '249 ;
61 •
154224174303
71
18223018328373
14819015926864
5746587169715050708382133
70
6248706272785457688292141
70567295948767779110811017091
1107812910189977478100123119200108
98111109130115136
! 90
85116
1".'2 Wi32
M
24.,29"
3<JG
100
29433 I304396
110
264292269380
101
sa8011911410807740712813112417f>
110
908712711211510281112131139135184118
10194132147136114101156178155155220
141
14412*18417315514312616V*21 (>2352132°>181
18724 (220
1 25>211211.
212257
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SURVEY OF CURRENT BUSINESS November 1943
Table? 5.—-Sales of Ketail Stores by Kinds of Business, 1935—43 !i—Continued.Milll'.-i.-, - f .K.Ma'H
Year and month
1935;First quarter... .Second quarter...Third quarterFourth quarter ....
Monthly average..IQ3P"
First quarter ....Second quarterThird quarter._Fourth quarter
Monthly average1937:
First quarterSecond quarterThird quarterFourth quarter
Monthly average1938:
First quarterSecond quarterThird quarterFourth quarter
Monthly average.
JanuaryFebruary . .MarchAprilMayJune.Julv. ._..August....SeptemberOctober.. .NovemberDecember
Monthly average..1940'
JanuaryFebruaryMarchAprilMayJune .July....August . .September..OctoberNovemberDecember. . .
Monthly average.1941*
JanuaryFebruaryMarch. .AprilMay.JuneJuly.....AugustSeptemberOctober .._ .November. .December
Monthly average1942-
JanuaryFebruary..March.AprilMayJune .July. .AugustSeptember.. . . . .October . . . ..November.December.. _
Monthly average.1943'
JanuaryFebruaryMarch . . , .AprilMay.June
AugustSeptember..
Apparel urn(\>i)1inue
Faiml\and ^
other
;i
72 197 186 !
138 ;
33 ;
83 ;113 !95
104
38 !
99322104159
40
8310491
153 I
36
292638 !4239 i372822 \4047477 4 ••
40
312843364240303740475276
«
35324354504437485358619050
50i 42! 63
60 !54514453
i 627673
112 !I 62
57 :6866
! 79 i: 09 :
: 74! 58
6178
1 Data will not necessarily add to
92 !151 !124145
43 |
104174139170
4 9 •
328 !182 .154172
53
108171 !140172
49 |
34 i32 !
52 :
62 !5958 !42 ;42 j61554971
51
353460506364444858575572
53
423855 i78
6655 |60 172 j70039264 |
625077918784707493
10380 (
1 12 !
82 |
72 i7178
10584
1206564 i92 ;
totals
*MMu• • i '
iOi
30834s3'>l390
117
349374399405
127
345354373402
123
120118128126130127131130131127126168
130
126125133128134132135138134138135179
136
139130141142153149158166163160161214156
165155170171181180190197194207198278190
200193208214225223231229227
Hi i. l i m k -
inir
> >s*)O0nlO007
J ' i f i
V*>')°3700711
22{>
689843900845
274
723791838829
265
254240282285297301310321306313292318
293
278272313308328324335359342345321350
323
319312358364391390421406448447426454400
417396456477511509
! 541• 570! 503! 596! 5531 583
514
: 547519
i 599020
! 670682
1 716724724
! • . • ii
I, >%l, 1171 1132, 1 57
097
2 0742 2sO2. 32S2, 32-3
7"il
2,2472,4372, 5512, 474
809
2, 2092, 3432, 4642, 490
793
753742821840850857863868928856856930
847
806806900878936934935987882927946970
909
903869979974
1, 0701.0071.0761,1471,0811. 1351, 1151,2211,048
1, 1991,0841,1641. 234I, 3163. 3031.3581.3891, 3071, 4801,341
: 1.514j 1.333
1, 3671,2871,443
I 1,3561 1.418! 1,436! 1,494\ 1,376
1, 417because of rounding.
n o d - r - i i ;
and
r ion
! 5151,0023, 0051. 030
I, 5861.7403. 7663. 758
571
i, 095i, 8223, 8991,850
605
1, 008 :
1,7551.8091,895
599
573571030 !
039041644056655 ;709045648 :710 !
643 |
616013 '686 i670710710708750000 i700729735
093 ,
696 ;600 !755 !
745825 i708 ;813 !872811 !803850033800 '
940 i837 !890 i952 !
i ,on ;1.002 !
1.0471,009 :1,042 :i, 1401,040 ;
. 1.1011.01.2 i
1.056| 1.000 j
1,103 !
1,030 ;! 1,074 j
1,0901.143 !1.0401,074
X
Other
•SO
"»lo'OS">i:7
307
4SS517•V)l'-07
1*0
552015')."•>023
204
">4t")S8595001 :
194
!S0171191201209213207213218211 '•209 :
220 !
204
190193 ;214207221 !218228 '230 :215 '220 i217 '235
210
207 '202224 !229 i245 i23S263 :275270 ;272 !25928S248 ;
259 •247 •
282305 i301 \311 :
320325340301 !353 ;301
3112S7312327•it 4
351330343
,M.lu,:.!.K
F l I I l M J
nation-*
3s |503"72•"11301
A\:t,",(,;•{
072hOi
193!
531 i093 !76° :
0 "> '">
220
574090750 :070
225
19017821322624925426S205257250230238
235 '
214193229237203200278280250252 ;•>50241
240
223210252 ;273 i305 !314 i331332319310290 ;
297 '•
2SS
271230 '242253 ;276 ;259 :
272 '202258 :254 :259 '187 ;
i S21021;U2012!7221220221
1 -
j .
1,1,J,
1,I1.2,
3,1i
1I12,
1
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15s4! s299S.V)
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220505-10")3 30
533
380684530079
550
'Ml5003 Sri019
512
'W>3844975'?f*•vP52243347'>571007590933
540
4254155'>8>7>356554746?5305070406639S1
571
45944855463866?010502071704733749141001
018544085712070670007oso778900807200751
633091752s2'70S7927007'^V27
• ;,,,'. M I "..
Drp-ip-l l l ' - I l !
f ' V >
slo"]U
, lo!)
270
707920S3!
1,30s
314
813; 1,000
8S0; 1,294 ;
333 :
735 :892
: SO 5: 3,260 !
; 308
227 :
309320332318 :240281 '358
: 388 '! 383: 588 •
331 i
258 i250321
i 327! 349 :! 335 ;
264 ;! 322 ii 300 ]
' 414; 431 !
029 :
: 350 i
: 284 :275
! 3491 407• 417• 3 8 2; 332: 427
400474490730419
; 390! 333
439442
; 404390343
i 405i 480• 572! 558! 800
404
' 3SI•3230450710347!*39S13551S
(mnnin
,, ,!m:i.
•x\Tnv\
vh\u-
T>
93
213290293317
95
251301291293
95
213250243202
81
64617378817978
8381
93
77
046173758178767774798090
70
6602737987828687878980
10683
8475879597909598
100HO10012290
S890
10210110510,s107103100
I- --
O.1,M
.•Inn- \
J. h)'\<
107
133!2010s
H
113US136193
-19
128ioo :143 >188
52
115142
182 ,
47
3835455059
4943435256 ;
548 5 '•
50 !
40 :
38 :5049545447495058 !60 |88 ;
53
42: 40 i: 50 :i 59\ 04 ;] 59 ,• 5 0 ;
: 01037008
: 10002 ;
i 59 i1 52 i! 64
! 73; 73 •
09 i75 i
i 83 !! 1001 90 :! 134
79
0974HO :90 ;88 '92S38293
'•iri'.'i>
3 .".01*7!7s2f>0
i m20s204295
72
189217216304
77
179210208315
70
'S017079
707374798283
106
81
6260847381807582788892
174
80
677281939487889694
10110419998
868495
104103105100108109124119211112
9398
106119112113111108110
'I oral
066058060842
235
850814818
), 042
294
908953922
3,083
327
850782799
3, 025
288
3092913202903082949g'?293338340336452
322
365336362336338337327351346380365480
300
3853014003733S9432437405470401445595434
483450506530525494470493524580513699523
520520619030002015603607018
Other
Feed ;
133 !164 •144 1158 i
50 !
172 ;220 i196 i208 ;
06
217271 i220 j192
i75 1
161 !
182 !154 !101 1
55
49 ;
55 ;08 !76 !84 j67 ,585866686465
65
616679879177707270777064 !74
646587
101100989696
10511298 i9893
100106 :133 ;
143 ;130 !120 i113 !117 ;122137122131 !123 ;
121 !142 i
i 183 1i 194 !i 174 |! 179 i
177 !; 177 '! 175
retail store
Fuel 1and ; Li
258 i155 ;185 :261 |
72 :
337 !171 i211 !294 j
84
330180 i228 1322 |
8S \
294 !150206286 :
78 ;
121 ;
300 'Q5 •
58 :51 1586670949192
116 i
84
150117110705568828793
10190
116
95
1421191125449
108114 !113110105100133105 !
151120 i122127 ;131 !118 !112 !108121 !112 i104 !143 j123 !
151128148135 !125 !135 |330143 j140 1
s
l u o r
647278
1140 7
102303107164
40
132127125173
46
1201201 9 9
177
45
444?45444443464550505382
49
484751485054485551570390
55
5054595704580208750970
11268
707270788483879498
13099
3 5494
101100135114110100109101107
Other
211267253308
87
240320304377
103
288373349396
117
274329317400
110
9694
111118130126112119128131127189
123
105106122130142138126138132145142210
136
123123142161176108105187180175171252169
157147174182ISO172163175182201188271183
152156174
j 187! 194
196186185190
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 15: Survey of Current Business November 1943 - FRASER ... · Seattle 4, Wash., 809 Federal Office Bldg. Contents ... marketings for first 9 months of 1943 ... ence that further increases](https://reader031.fdocuments.in/reader031/viewer/2022022606/5b79e7687f8b9a332d8eaaf3/html5/thumbnails/15.jpg)
November 1943 sriiVKY OF (VRKKXT IU\sL\KS> 18
Table 6.— lii«lc"\«"» of I)ail\ V\ ra«/<* ^al «•» c»l* lU'lail Store*- h\ Kinds of Bu«-im'v-, 1935—4H
(i imii \( v i n j v t , <\ ! ,„!( v .
I ' 11 'Ml Lnuds
Year and im
1935:First quarter .Second quarterThin] quarterFourth quarter....
Year.193G:
First quarterSecond quarterThird quarter __Fourth quarter. ..
Year1937:
First quarterSecond quarterThird quarterFourth quarter...
Year1938:
First quarterSecond quarter...Third quarterFourth quarter
Year.1939:
January ._February .MarchAprilMayJuneJuly . . .AugustSeptember. .October.......NovemberDecem bcr.
Year.1940:
JanuaryFebruary._-MarchApril...MayJuneJulyAugustSeptember..OctoberNovember.
, , abh dur \ilabh n m l
B u l d i t - m t i e r i si1- a u l l , , t < j Apparel groupj
lot .1
82
1 1 1
99
SO 2
Ml (iJ23 f>1(1" 0
10? s
-»7 3
M7 1111 *'
97 ^
sf 1
SO
7" sM 1Ml (.
300 o 9"m« r. 107120 7 10t»1U5 0 lit)
109
110
98
92102.108.111.111.102.103.113.115.116.138,
108. 7
98.6100. 5113.3117.4122.6124.6114. 7115.3121.5126. 5128.1
December I 153. 3
nr.
S(» 9s,> 0
103. 8113. 7122.0120.6109.8103. 7105. 7116.6119.2132.5
109. 2
94.8100.2122.3137.5143.0148.7131.7
106 >
Ml 1MM 1
m i101 0
107 0111 0J12 2
109 v
121. 4121. 2143. 3143. 6156. 2
Year . . . . 120.0 i 130.61941:
January } 113.February | 120.March . . _ _ _ .. . . i 129.AprilM a y . . . . . . .J u n e . . .JulyA u g u s t . . . . .September.OctoberNovember..December. .
143.148.151.144.149.15Q.146.149.177.
127.4141.6161. 0185. 4198.8198.7181.2169.2147. 3149. 9150. 0163. 2
91 y101.4106.9108.0108.3100.5103.5115.5115.4115.5140.8
108. 6
99.9100.6110.4110.9116,0116.7109. 2113.3121.6121.0123. 1152. 3
101. o
9K 4
10") b '105 3106.2 i1C5. 7106. 6107. 2106. 3108.8110.8111.5113.2116,1
108.7
115.6115.1116.0115.5117.1119.5118.8121,8119.3121. 1124. 8129.2
M] - <M (>](>1 M 111, ' S1 0 " »i 1 1 0 71 1 4 C 12C ".
In* * 107 H
I t s 012 i 212') 9
117 7
85 07H 0
93 1
116,5 | 120,0
109. 4113.2119.6130.3131.9136. 2132.3142.4151.7145. 8149.9182.1
115 ,5121 ''121 210} 1
lid ">
91 985 3S9 1% I
9< 4
10' 110-S 0104.9103. 8105.4105.9105.8111.5113.3113.5115.0 ;122.7 |
109.2 i
123.0123.9122.6 !124. 9 !123.5129.9127,6132.1130. 2135. 4139, 1148.4
103 «103 7105. 2101.9103.8105.7103.2110.2112.4108.8112.3123.0
107. 6!
129.8 I128.8 !124.6 !127,0 I123. 1 !132.9127.1132.7129.4139.8146. 1155.0
143.9 I 164.5 i 137.1Y e a r . . . . .1942: j I I
J a n u a r y . . . ! 131.3 j 103.8 jFebruary . . ! 130.1 ! 100.0 !March._ . . 140. 4 i 107. 9 IApril 147. 5 ! 115. 7 !M a y . . . . . . j 147.7 i 115.9 |June 145.3 i 107.7 IJuly | 140.8 ! 100.3 IAugust 144.6 i 100.6 jSeptember. . 157.8 : 105.5 iOctober j 160.2 | 103.9 !November . 161.5 ! 100.0 iD e c e m b e r . . . 187.9 ! 110.5 I
Year . . . .1943:
JanuaryFebruaryMarch. .Apr i l . .M a y . . .June . . .July . .AugustSeptember
140.3139. 9151.0157.9158,0157. 5154,0159.0174. 8178. 5181.5213.1
133.1137,1133. 9137. 9140.0144.4149.1155,0147.4141.6149.0152.1
143.9
153. 2148.3147. 6146.5143. 4141.8147.6150.3150.9 j154.3 !158.2 i153.9 I
.160. 4169.5157.4166. 5169.7170.5176.0173.3155. 3145.5156. 5161.5
173.6 |184.8 |167.9 |179.3 !185.4 |177.0179 6156 5135 1132.714.") 1153. 4
si i
sj i
T) i
111 7122 2
121 1131 s
M(J ?
u s {
81 o
s i (I91 4
M 3
103 0102 'J104.7100.7102.9104.8102.1110.8111.4108. 4112.2123.4
107.1
130.8130.5124.6127.6123. 2133.6127. 5133. 5130.6141.2147, 0156. 8
130. 6 133. 1 : 133. 9
177.7189.1170.0181. 4188.1178 5ISO. 6151.4131. I12S. 4142 fi152 0
t.,1. i HOITX-I Jewel-
liiil hl)1(1 r y
andradiu
Total
"«1 7sO 7S2 2
HH !
HS M
110 H 117 7110 3 | i n 9ioi r. 1 1 2U)S 0 H4 S
M5 1 101 81iO j (»7 ' )
S o 9 7 1U1 '»
MM 0 i «*<» '>
S") 7MJ T;
" I . {
, 1(^ ">
1 1 2 9
in t
100 9lor, i
12' 9121 i117 bHi 1
100 I(t9 S
103 J
103 2102 0100 t>
7s i
Mi iU'l 1100 4107 i)
7i 0Ss ]SH J
90 1 j
i92 0
106 9107 2104 o
73.9 I77.1 !73.5 !82.2 !
84.785, 786. 388.2
76.3 ! 86.3
80.391.199.7
100. 5
9M S Id A Hjo 2 10* l> i 96.6
His 7117 711 % s1
107 1
'20 0 M2
MM 4 Kid ('. " s 3MS o ' 99 2 M1.998 1 i 96 7 , 9-S 4
Wi » I Q K | 101 2
112 3132 3110.2113.9112.7114.4114.3104.3122.2113.1113,6118.4
113.3
119.3111.8124.3121.1121.8125, 5123.5125.1117.7125. 4136. 9137. 1
104 .".100 0107. 7109.0112.1107.. 5109. 6115.0112.7118.9119.5120.0
100 '
107 710 i (»113.1113,3116,0113.1112.8121. 313 5.9121.0122.5123.4
iI J8693.97.99.88.
100.
3847758
97.098.
111.109.108.
7470
10] 398 2
102.0104.4109.2104.3108, 6109.1112.9117=9117.5118.3
111,7 I 115.9 98.2 109,0
in i\l\ <»118 7 '106 S
135 7 -
97 6h8 791 2M7 d
111 7KM su s -s1 0 6 <>l i t ) L
97 ">K9 292 )9f. 7
110 I124 i118 4100 ^
110.2113.6122.7111.4
0 I 112.8
i 93 8
87 ;88 o97 6
92 6
109 210* 499.4
100.599.3
102.7107.2109.4115.5118.5115.3125. 0
108.7
110 730" 3101.6103. 0100.7102.8112.3115.1119.2119.8117.8126.0
111.1
106 299 295,195.296.5
102. 496.697.3
107.7115.7110.1122.8
103. 6
112.1 !114.9 ;119.1 !124. 2 I127.7 1126.5;128.9 j129.3 I131.3129.3 I128.2 I136.5 !
114.3117.2121. 8128.0132.8130.6135.1135. 9137.1135.8131.2141. 2
124.7 ! 127.0 j 131.6
132.2 ;141.2 !146.2 j157.6 j157.7 |1(12. 2169 «177.,)175 fi170 317<» 7167 J
141.1145.1137. 3145. 3144. 4160.5166. 9178. 4169. 9161.9163. 7172,5
94, 3105.1115.4116.5118.3113.8114.3108. 9117.2111. 1114.9118.9
117.2 ;114.9 !114.2 |118.7120.0123.5 |121.6 !124.2 ;124.5 !123.1 !128.4 |134. 7
117.8122.0119.1118.3116.7125.3125.6133. 1128.3129.1132.5144.8
164.5 UW 7 166 1 162 3 157.8
142.9146.5139.0148.7148.4164.9174.3181. 61.71.3 |163.9 |163.6 |163,2 |
160,:
113.7 i 122.9 126.8
135.1 | 148. 7141.0 I 158.2136.2 ! 153.1146.1 155.5142.6 156.7152.8 161.5
143145.131129.129.
25638
153.9144,164.
57
119.5 i122.5 !122.0 |120.9 !118.7 i126. 4130.2 I136.6 I131.9 |128.0 I136.0 |145.3 |
114. 1120.8113.0112.9112.5123. 0115.8125.9120. 9131.5125. 3143.8
100. 092.792.797. 4
97.0
•111.5112.1107.4110.9111.9112.3112.9114.9122.6122.7122. 6126.4
117.4
123.5123. 6133.8129.6131. 5129.9135.1139. 9144.1143. 2143,7152. 2
128.9 i 122.3 : 138.4
158,152. 4162.8212.6
149.4
129, 2 !121. 1 i117.1 !112.4104.4 i99.3 [
100.2102.1101.6 |100. i i98,3 !91.9 i
90.970.9 i59. 1 I54.2 ;51.2 |51.6 !51.7 :52.6 I50.4 I48.7 I45.7 ''42.5 >
82.362.049.946.242.344.143.544.441.338. 936.032.7
178.2 I161.6 !152.3 !135.9141.6128.2135.3136.1143.1147. 6144.4 I142,3
168. 9176.5176.2177.7167.0152. 3148.4147. 5145. 6143. 6139. 5129.5
166. 7171.1173.7176.2173.6154.9154, 0149.3142.4135. 7131.8120.7
I 151.2I 180.9
169. 4167. 6144.7135. 4112.6113.2127.7138.7122, 6116.2
149.4 ! 105.9 ] 163.6 I 149.4
137. 3119 1
.02 1
ioo! 254, 0157.369. 9
74.678. 086. 799. 0
102. 9101. 1
96. «i96. b99 8
157. 8172.1172.3182. 7177.8187.3172.7177.1192. 8
159,2170. 4161.2159.2155. 3163. 0162, 5163.. 7162. 1
105.9 i 55.1 i 46.3
93.795.995.197.493.093.897,898.596. 9
46.1 !46.0 !48.7 i50.5 I48.1 !47.4 j48.850.752.2
36.536,339 740*937.537.437.739.740. 1
144.7 J 155.2
143.8 ! 128.6144.9 | 134.5140.1 I 129.8148.0 ! 132.2156.2149.2161, 4
153.1 140.
162.7174. 5
128.*131. 4131.6137. 1129. 0
123.3 I130.8 !126.0 |127.2 |120.4 !123.9 i125. 2 !132.0 !123.8
106.0112.3108.6112.2127.9121.7114,4114.9108.9
161.0178.1173.1162. 5164. 3172.7
173.5211.1173.0 j157.1172.8166.3
156. 4 I 165. 7
185. 6188.0187. 0187.8163.0 ,155.9 1155.3 I163.6164.9167. 4170.2160. 9
169. 8
156. 5157.8152. 9157.4151.3156.9158,7164. 2155. 1
178.1180.2193.6179. 3159. 3150.6154. 5162. 4166. 4167.1170.2159. 6
167.9
161. 3158.1152.1152.6142. 9147.8158.6147.7143.8
152. 3159. 3154. 8157.0157. 6163.8177.9214.3172.2160,2175.9168. 9
167.8
187.3183. 9200. 7188.8173. 5166.7173.7182.4182.0185.1189.8172.5
181.7
183.7179.3177.6176.0166, 5175. 3192.0177.1172. 4
I 141.2I 155.8! 149.6! 152.2I 154.8! 156.8! 164.4| 204.3' 174.7
150.6166. 4161.0
153. 3164.9163.8178.4174.6186. 3201.0217.2284.8170. 0206. 9185. 5
161.2 I 190.5
158. 8 i172.4 !178.8159. 5129. 6116.7114.1120.3133.7129. 2129.0132, 6
138. 9
114.2113.598.7
103. 593.490.288.686.183.9
200. 4214.7222.4221.6212.1209.8247.9256. 3273. 0267. 8277.4270.0
244. 5
263. 5302.4301. 9319.6301.8293. 3335.2338.5348, 1
91.797.198.9
101.3
97.6
| cloth-Total I and
i furn-I ish-
ensap-
pareland
j ings { so riot;
100. 798.2
100.5103.2
101.0
105. 8106.1106.6106.3107.0107.6106.5107.9110.0110.8112.6114.0
108.6
124.2126.5126. 3128.6130.3135. 9140.3149,1144.8140.3146.5149.1
81.285.490.088.8
86.6
92.8101.5102.2106.8
83.688.394. 191.0
89. 4
104107108.
354
106. 0
106, 5
106.112.109.105.
108.
7495
3
99.2 I93.0 !
97.099.4
107. 5113.4109. 6104. 7
108.0
96.088.294.995.1
105. 0104. 2106.9103. 7103.4102, 899.3
106.3102. 7107.0110.5114.0106.2
103.0102 2101. 599.8
100.398.795. 5
101.4101.1107.7107.2110. 4
103.3
108.7102.6103. 4102. 2103.7107.2104. 4109. 9108.6104.0114.0123, 8
116.5 I 112,2 j 109.0
113. 2112.2113.8112.4115.0116.1115.9118.5115.8116. 4120.1122.9
109.5106.8106.1106.0109.3110.4108.0117.0112.3107.7117.0123.8
123. 3124.3123.6132.3128.8126.6136. 2162.2144.4128.6141. 4145. 8
137.1 I 135. 5
161. 0157.2157. 6157. 6156.1155.7163,1166.0167.0171.9177.7174.1
163. 6
180.6194.7182.7179.4175.6185.6183.6184.9183. 4
120.7124.6126.6133.0129.3126.0132.0153. 2139. 8135. 2141. 3145.1
134.8
175.1165. 8180.6160.2148.0148.0168.5177.8171.0170.0184.1185.8
169.3
181.9172.0215.5153.6131. 2136. 6148.5156.1154.4147.1160. 2171.1
159. 4
84. 087., 686. 784, 3
96.0 90. S106. 9 98. (i106.1 100,4110.9 I 104,9
101.1 ! 105.2 | 98.9
207.2278.2200.7197.7179.9215. 0196. 0207.3198.9
168.9248.6 j205. 2176.0162.7 I192. 9163. 6177.0178.7
107. 4112.6110.1105, 6
108.8
J01.695. (j97.. 5
101.0
99. 4
106. i104. 2108. 6105.8106. 3104. 8101.2109. 2105.1113.5115. 5117.0
108. (>
111.2109. 8108.9-111.5112,9110.8l l l . O121.7119. 8115.2"121.6126. 8
116.0
123. 9124.0124.4133.4130. 1128.1139.8175.3158.2127.9145. 9147. 4
138. 8
171.9162. 2173.4162.0156.4154.8177.2190, 6188. 4188,7206.5201.3
178.6
233.6323.1209. 5229. 2208.2229.0238.4246. 0228. 4
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14 SURVEY OF CURRENT BUSINESS November 1943
Table 6.—Indexes of Daily Average Sales of Retail Stores by Kinds of Business, 1935-43—Continued
Year andmonth
1935:First qunrter.Secondq uarter
'/Third quarterFourth quarter
Year1936:
First quarter.,Second quarter jThird quarter;Fourth quarter |
Year—1037:
First quarter.•Second quarterThird quarterFourth quarter
Y e a r . . . -1938:
First quaiter.Second quarterThird quarterFourth quarter
Year19,39:. January-.
February -March . - . - - - -April .- .------May •--June ------J u l y - —-----August •-.September.:-.
'October.- —--November-..:December
Food group
Grocery |and
bina-tion
| Other jstationsfood
Adjusted inch v > (19,35 39-1001 -Continued
Nondurable goods* stores Continu< d
j (it neial nn'ichandise group Other retail stores
i FillingDo pail ileneral, Other |
:m .n t f . n c U o n . B , n . i a i i V a r i |I Total ! d l K lTotal indud- mei-
Feed
urn ehandbe ehandiseimail w Uh and di \ '
Year
JanuaryFebruary..-March..- ._AprilMayJune - -July.August
September^.October.-»-November..1 >ecenil)er..
Year-.-
January. .-February. .MarchAprilMay- -.June.JulyAugust.September._OctoberNovember.-December...
Year...! 012:
January. ..February...MarchApril.. . - -MayJuneJuly .AugustSeptember...OctoberNovember .I >ec ember .
Year ...
January. -_February...March "AprilMayJune_._JulyAugustSeptember
90.489. 688.691.089. S
90.889.186.387.588.3
74.77.7984.
79
3290
1
91.494.695.397.7 |95.0 i
105.106.108104
9089
105.0103101107101
4885
106.1108114
93
104.105.109.104.
8750
100.5103. 798.5
105.10197
105112
80684
106.9 104.9
111.3107. 6106. 6104.7111.3113.1108.4119.4109.7104.5114. 8123.3
112.1
122.4125.8125.0l£2.8129.8130.3137.8160.7140. 3128.1140.6140. 6
135.0 j
169.8 I165.7172. 2162.1147,0145. 8166.1177.3164. 3159. 5173.7177.8
164.8
201.3272. 4198.1190.1 j184.0211.4201. 7212. 6204. 4
105. 8105.9103. 5100.6108.1112.1106. 3115.3104.199.8
113.1118.1
108.7
106.8109.510,9. 6109.1107.9107.5107.1106. 4108.7107.5110.0111.4
108.4
110,9112.0113.8110.7111.5112.4110.5111.6113.1115.2117.0120.0
113.6
122.1120 1121.1123.1125 31>7 7129 71'35 '3136 2133 7HI 0112 1
JUO.
105.
y
2
111.4112. 9114.2114. 5113.8117.117.114.115.119121.123
5892462
104:. 1101. 7
106. 3106.7107.0107.1107.7108.1105.8108. 6112.8111.2114.7111.1
126.1123.4116. 6128.9124.5121.4133.3149.0125.1121.3132.8147.3
130.2 ! l'JO I I I"* h 1 3 1 '
116.4
122,1123. 6126.8123. 8125. 6126.4127.1128. 2128.7131.3133.5135. 4
128.1
140. 1147. 0145.1146.6149.7illIV*1b'>lbS17017717b 8 ]
108,7
111.3112.3114.7114.5117.7116.0116.9117.3115.8117.9120. 5121.7
116. 6
123. 8124. 7125. 8126. 7120.3I U) 0134 t>U7 1141 0I1 $ 'Mb 03'0 0
176. 7164.7153.6164.1154. 6151.3179.9181.8162.9170.9178.9180, 2
167.1
210.1230. 5178. 3168.2 i141.9 i219.4 ;148.7 |165.1 i101. B !
14 i 2144 1l ib 7145 51 49 5152 0155 o
Ibl 7171 517") 1IM S
17b 1170 2ITS (.
IM. 0\b() \
IM 11*7 0 IIS* s .vj2 o ;
10s 2205 ! '20 3 4 I211 1 l
SI22n 3
21(5 t,211 7212 <*
201 22~] 62 >s 2272 0
1 >7 1155 4
160 b162 0101 blbs 7170 b171 1
1*»> 1
1S-5 bIs") 0 'isf< \17 ) 717(> 21*2 017s 117") \17'* o
106.8108.1108.3107.4107.6107.7106.2108.7113. 7111.4115.0112.0
109.1
111.8112.5114. 9115. 5119.4117.5117.1118.4116.7119.3122.4122.3
117.5
125. 7126.0127.5128.1131.5 !132 713t s1 37 6 |1 10 b141 b
I5« 0
1'4 (! 'Ibl b1bs b172 t (
i7b 0 '»M h
Jsi, 2IV) i '
170 ",177 1171' 3
104.8102. 3103.0108.1107.9109. 2104.6108.1109.8110.4113.8108.5
107.3
109. 8111.7113.9111.2112.5111.4116.4113.7113.2113.4114.5119.8
113. 7
118.0120.8120.6122. 2122.312") 2131 1 i13') 7112 1 |1 3s 0130 I141 2 |lift > !
i 47 51 4 7 <>
nilIV) 1
170 1lbt v
ro i11 > s '170 0r-% o
91 2
00 9
91.?
9." 2100 1 >103 7 j105 I i
100 610a 8104 6
91 0 H).3 'i
b5.oj l ,SO. 190 092 ,*
\
98 5102. 1105. 2
I O J - 1 ; ioo I
106 7 106 *10s I 10* i107.0 107 1104 6 105 2
10'* °
01 l00 s
07 l>
101.2100 6102 0101.0101. \101.0
100 o
00, \;*.") 007 b
100 1
102 o102 6-01 9103.3103 S103.3
85. 791.094. 499.2
93.1
101.9106= 3108, 0107.0 i
106.1
109 4106. b107. 4110.1
108.3
109.5111.2108.8109.6111.6113.9113.7112.7115.7114.8116.2121.6
113.4 i 103.1 ! 106.1 j
122. 3114.8117.0115.4117.8119.5119.3120.1113.5115.9123.0122.1
118. 7
125. 6127.7128.9132. 5136.6J i< 7!43 ^US f>l ib 3112 2142 M148 *
105.2 ,
JUT 7110.1109 o
10* J
88.085.787.088.5
74.80.80.85.
8765
87. 3
JO, 3 97.3
80.3
farm Ij supp ly j
75.7 i76.8 I80.4 I88.6 j
80.2 |
•V) 0100 7 'JO'S s101 *
90.097,4
VOL 899.9
93,698.7
100.3105.7
96.5103.3109. 7116.6
nono
100 9 101.2100 7 103.8
107 6 107 i) 105.4HL' 7 10t ,"» 104.7107.6 io,? 0 103.5
99.5102.7103. 4105. 8105.3107.7
102.4 !106.1106. 5109.4109.1111.8
106. S j 110.8105.4 I 109.3104. 2 | 106. 7104.0 107.5 ]105.6 108.7 !106.2 110.4 !107.0 | 111.7 |111.8 J 118.2 |109. 6 115.8 !108.4 li:3.4113.1 119.8 i116.4 I 122.4 !
05 2Jl 7
I01, 7
9 3MS 2bb 187.3S7.586.9 i84.8 !85.088.288.685.98'
87.3
87. 886. 480. 685.387.184.784.6 I84.8 '83.9 I84.6 I85.8 i88.4 !
7 7
90. ft9'). 106 69S 2
07. 7
] oi>. 1101 3101 <»100 2102. 7102.097.5102.2104. 5105.0104. 5110.2
103. 5
107.4104.9105. 9104.0107.0110.1108 6112.2107, 3106. 1111.7117.7
Fuelandice
82.693.186.492,6
88,. 0 |
106.2102.999.8
104.8
100.2 I 106.7 ! 103.7
Liquor
53.63.70.74.
5736
!110.0:114.0 i1J2.6 !109.1 !
123,2126.9122. 8107! 3
106.6107.8106, 9114.0
66.0
84.990.895.6
105.695.5
111.0112.5112,1111.1
111.5 ! 120.5 ; 108.6 | 112.1
102.699.4
101.4103.8102.6
108. 8106. 5106. 2107.9106.7107.6106. 0109.9107.9111.2112.7112.5109.3
112.0 j111.8 '113.3111.3113.2111.4112.4116.411.5.4117.1118.0123. 4
109.1 I 113.8 86,1 1 109.5 ! 115.8 122.9
115.2 !118.3 I115. 1 I121.6 I120.0 I122 0131 1l i b 3
123 11 >,2 0131 S
121.7 j125.2 i121.4 I129.2 j127.1 i12* 1111.1lb_> 01 10 S12s 2111 1 '137 s
13s s l_>b 3 H ! 1
111 S1 8 0j 21 0122 012< sIK, 1 1117 0ill 0110 71!'. 1
~>3 3
1 0 SIH 7142 7 ,1 30 11 ,1 30 b
i n 211s *lib 4
313
IM 2151 01 )2 1I P " )1 A) \12S 0no !1 M '
m 2112 2 ,lb] b
89.4 i59.5 I86.3 i90.4 I90.2 !02 001 1
00 701 401 0
101 0
li 0 b
10b 'J
Uh 0
101 1100 2100 s 'no o1H 1111 IIK 7100 0
117 1 11 i() 2
)
IV 2
Us 5i n 011s •»11} 0no *11" ",
112.0115.5114.2119.7121. 412) 8130 5l i t 213)12, 1[20 J130 b
j >" I
148 b140 3110 S11 sr i «lob s
]7s ri17s R ,171 **
1<2 3
W) 421 ' s
is I)17 s1(M 1is 1 02O> 0lOl 7
96.9 i94.8 i97.5 !
102.4
98,2
105. 9105. 5104.3105.0109.1 I109.6111.7108.1112.4113.4112.9120.4
109.7
119.4117.1121.4116.1119.9129.6126. 3128.1121.4122. 212L 6128.0
120.3125.5123.0127. 5124. 412b s1 51 S i1 30 b '131 1133 b ,1 37 0 11,7 7 |
m 1
117 r)147 1113 4140 II t s 4140 0l r 7 3111 sl l s 1111 3lb" 4
171 2 1171 3 ,17 3 f>17s ' 'ls i b174 7171 s 1150 s 117s (.151 1ls2 s
ICO S ' 17s 3
!• * 0 103 s171 6 200 7
201 3210 bibO 1
1 12 0Ibl 1
21S ]221 '
91. 885^586.190.2 j
88.2 !
95.6 I99.997.1 !
105. 6111.3102.3102.097.7
106. 3106.1 !110.5 j120.3 i
93.890.695.7
101.295.9
102.1101.2101.091.5
102.2110.5113.2105.1106.8107.1104.1111.0
104.4 ! 103.8
115.5116.2116.4116.1121.1122.2118.6119. 9117.4116.4119. 4117.5
118.5
122.1112.9120., 7107.7110.8132.8135, 9129. 6110.3114. 2102.2110.9
116.7
128. 5132.1134.4126. 9133.8lbS 7160 s IIbO 5 1160 014S > 1
l<>0 0
14$ 2 1K» 0
120.118.128.133.133.r iIbl1<>7IbOIbS174
85973
41322s
115.119.1238399
20111015 31*3011012113s
58132S2"]
70(
j^7 1193 6107 2ls() 7lsO 1ls2 o100 120 j 0]0b 0200 12is n2 32 0
)07 1 '
237 121S b>f>0 "2)S 1240 1272 020s 1*07 0
120 0 ,
14b 0 I143 0 '110 5173 1 ,201 9174 } ,ll '» 014b 1H I 4127 S120 7
111 0
103.1106.3108. 5113.1
108.4
115.0112.5113.6112.9113.4112.5117.7119.8117.4123.7125.7125.3
117.9
124. 2122. 0127.4125.9130.4137.9127.4134. 2135. 2137.5140.7146.1133, 3
142.8146.7146.1150.3156. 6117 t163 1 iIbO s '194 7
175 b 1177 1,
Ib3 1 1
IM 4193 2 1200 020 3 7212 1217 2 1229 7 !212 4 |24S 1 I
210 0 ,
213 2
227 " ,
Other
76.780.180.482.4
80.1
85. 896.096. 9
100.1
95.6
104. 5112. 0111.3105. 7
108.4
99,898.8
10L2106.2
101.9
Allretailstores,
in 1935-39
dollars
86. 8
100.2
105, 4
97.6
111.3 !109.3 j107.4111.9111.4112.1113.8111.9118.3118.3116.1125. 7
114.1
117.7119.0122.4118.6122.1128.2123.2129,3120.8125.7130. 2139. 9
126.2 I
106.6107.1108.2107.8108. 9109.8108. 4111.2110.5110.8112.8116.4110.0
116.0114.8110.3115.5116.9119.1118.4121.8118.3119.7123. 4127.0
119.5
137.143.141,146.151.15'iU>Is2ISbH I103
357943
*i272
129.8133. 8129.6132.3132. 913) 1i37 72 41 0' 32 1121 212b 7
IV 0
171 1 i171 J171 7Ibb 4IbO 1154 1119 0 ,170 »> ,1 »7 017} N17 l S173 3
Io0 n!
112 7 ' 2"2 0 177 4HI s 272 1 , lsl 2IM 7 -'0 1 1 I T :»is} (> 2'ti 0 l~0 S ,
ISO 010* s173 (>
27b 2 !71 02h* 0 is l 7270 O ls l O21 >f 1 1 7 ) 3
1 *1 '312«'* ••1 2 3 2
1?" 0l i b 0
121 \121 1
1 21 7120 2
12') O111 <>122 11 '2 0121 O
(Continued on page 19)
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November 19-13 SURVEY OF CURRENT BUSINESS 15
Business Discontinuances, 1940-42Genevieve B, Wimsatt9 Business Structure Unit, Distribution Division
DURING the recent period of transi-tion to a war economy, American
business has been required to make diffi-cult and varied adjustments. Conversionprograms, restrictions on materials andsupplies, price controls, rationing, man-power restrictions, and disruption ofnormal markets suggest but a few of theproblems encountered during this diffi-cult period.
As the war goes on and later, when thereconversion to peacetime productionoccurs, the difficulties will continue andin some cases be intensified. As a re-sult, there has been widespread interestin the question of how American busi-ness will be able to achieve the necessaryfuture adjustments.
Particular concern has been frequent-ly expressed as to the ability of smallerfirms to survive the war. The opinionis widely held that there will be a rela-tive decline in the number of smallbusiness firms with a correspondingweakening of the small business seg-ment of the economy.
In order to provide factual informa-tion on the impact of the war upon thesurvival of business firms of varioustypes and sizes, the Bureau of Foreignand Domestic Commerce has under-taken to collect and report quarterlydata on business births and deaths andon changes in the number of operatingfirms.
As one of the first steps in this projecta compilation of data on business dis-continuances based on State Unemploy-ment Compensation records has beencompleted covering the two-year period1940-42.1 It is the purpose of this ar-ticle to present these data.
It is hoped in subsequent issues of theSURVEY OF CURRENT BUSINESS to presentthe results of additional studies of thistype and to provide current quarterlydata on changes in the business popula-tion.2
The term business discontinuance asused in the present study refers to thecessation of operations by a firm, eitherwhen the business is liquidated or whenit is transferred to a successor.
The data are limited in scope to firmsemploying one or more persons. All in-
1 The preparation of these data wouldhave been impossible without the helpfulcooperation of the Employment SecurityAgencies of 31 States in furnishing the num-ber of inactive employer accounts from theirrecords. Particular appreciation is due theBureau of Labor Statistics which first col-lected the basic data from the State agenciesand made the figures available to the Bureauof Foreign and Domestic Commerce.
2 The reader is referred to two priorstudies, Small Retailers Face the War, SenateSpecial Committee to Study Problems ofAmerican Small Business, print no. 13, pp.39-53; and Small Retail Store Mortality,Bulletin no. 22, Economic Series, Bureau ofForeign and Domestic Commerce.
dustries are represented except agricul-ture, forestry, fishing, and the profes-sions. Since reports were obtained fromonly 31 States, the final figures are na-tional estimates built up from partialdata.
The States were first grouped into nineregions. The figures from the reportingStates in a region were next multipliedby a factor derived from census data anddesigned to adjust for the States withinthe region which did not report. Theseestimated regional totals were thensummed into national totals.
In many of the States for which figureswere reported, the unemployment com-pensation law covers only those employ-ers with more than a stated minimumnumber of employees, usually four oreight. Thus the available data on whichthe estimates were based were fairly thinfor firms in the smaller size groups.
Size of firm was measured by the num-ber of employees at the date of termina-tion. Comparisons were made betweenthe size distribution of discontinuedfirms according to employment at thedate of termination and employment inthe corresponding period of 1939. Thesetests indicated that use of final numberof employees resulted in slight concen-tration of firms in the smaller size groups.In no case are firms without employeesincluded in the estimates.
Briefly highlighted, the new data indi-cate a sharp increase in the number ofbusiness discontinuances between July1940 and June 1942. The smallest in-crease was recorded by manufacturing
concerns and the largest byfirms engagedin contract construction. Very smallfirms, i. e., those employing one to threeworkers, and large firms, i. e., those em-ploying 20 or more persons, experiencedrelatively greater increases in the num-ber of discontinuances than did firmshaving 8 to 19 employees.
The total number of business discon-tinuances during the 2-year periodamounted to 18 percent of the firms inexistence in 1939. Among firms engagedin retail trade and in finance-insurance-real estate the percentage was only 10.On the other hand, the percentage ofdiscontinuances for mining and servicecompanies was 40 or four times as highas for retail trade.
A little over half of all firms discon-tinuing sold or transferred their busi-nesses to successors. The proportion oftransfers, however, varied widely amongdifferent industry groups.
Whereas four-fifths of the buildingcontractors ceasing operations liquidatedtheir businesses completely, only one-third of the retail businesses were liqui-dated. Complete liquidations consti-tuted an increasing proportion of totaldiscontinuances in the latter half of 1941and in the first half of 1942.
Trends in Business Discontinu-ances, 1940-42
In the entire 2-year period surveyed,July 1940 to June 1942, on basis of StateUnemployment Compensation records,about 273,000 firms (from the includedpopulation) went out of business—or
Chart 1.—Businesses Liquidated or Transferred to Successors by Sizeof Firm
THOUSANDS OF FIRMS50
4 0
'<£( CONSTRUcffoN^^;^/TRANSPORTATION AND OTHERPUBLIC UTILITIES
10
JULYTOSEPT
OCT.TODEC.
JAN.TOMAR.
APR.TOJUNE
JULYTOSEPT.
OCT.TODEC.
JAN.TO
MAR.
APR.TO
JUNE
!940 1941
Source : U. S. Department of Commerce based upon State unemployment compensation records.
1942DO. 43-616
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16 SURVEY OF CURRENT BUSINESS November 1943
about 450 each working day.3 (See table1.) This number represents about 18percent of all firms operating in 1939.
During the period, the trend in num-ber of discontinuances was generally up-ward. The number increased from about23.000 in the third quarter of 1940 to apeak of nearly 40,000 in the fourth quar-ter of 1941. Thereafter, the number de-creased slightly to about 38,000 in thesecond quarter of 1942.
While the broad picture of businessdiscontinuances during this period is oneof marked increase, the rise was notequally great among firms of varioussizes. Prom table 1 and chart 1 it is evi-dent that discontinuances among thevery smallest firms, i. e., those with 1 to 3employees, increased more rapidly overthe two-year period than among thefirms in any other size group.
The least increases in the number ofdiscontinuances occurred among the me-dium-sized concerns rather than amongthe largest firms. With some exceptionssimilar relationships for the various sizeclasses were found within each industrygroup treated separately.
The relatively large increases shownby firms with 50 or more employees aredue, however, chiefly to the discontinu-ance of a few large concerns in construc-tion, transportation, and finance-insur-ance-real estate.
A comparison of trends in number ofdiscontinuances for the several indus-trial groups also reveals signficant dif-ferences. (See chart 2.) The numberof discontinuances among manufactur-ing firms per quarter declined by aboutone-fourth during the two-year period,whereas the number of discontinuancesamong firms in contract construction in-creased nearly three times.
Trends in number of discontinuancesfor the individual industrial groupswithin retail trade and manufacturingare presented in tables 2 and 3. (Fur-ther information for firms of varioussizes within these groups is availablefrom the Business Structure Unit of theBureau of Foreign and Domestic Com-merce.) Highlights from these tablesare that firms selling general merchan-dise showed greater increases in discon-tinuances between 1940 and 1942 thandid other classes of retail stores.
Automobile dealers fared relativelywell during 1941, but the number of suchdealers going out of business doubledduring the firsi half of 1942 as comparedwith the number in the last half of 1941.The figures reflect the conversion of theautomobile manufacturing industry towar production.
Rising incomes and consequent in-3 Business discontinuances reported by Dun
and Bradstreet for the same period amountedto 651,100 for all concerns including thosewith no employees. The trend in total dis-continuances shown by the Dun and Brad-street figures differs considerably from that ofthe present series as shown by the followingcomparative indexes representing number ofdiscontinuances by half-year periods:
Dun andCommerce Bradstreet
July-Dec, 1940 100 100January-June 1941 124 112July-Dec. 1941 136 93January-June 1942 147 104
Table 1.—Estimated Number of Businesses Liquidated or Transferred to Successors,Concerns wi th One or More Employees, By Size and Indus t r ia l Groups, Quarter ly1940-42 i
I n d u s t r i a l " ; o u p 'Hid s i / - oi 1'Usiix1^-
1 I J . ' IPp loXr , «.\ 7 e l l - p h ^ > css p.) e m p i o \ ( ("v20-49 i m p i o \ n -."<: o r l i i ' J ic < m p l o \ i i -
M i ; . : n , , t , l ! ; i l
!- 3 t ' l l ip! ' )1 , i v -1 ', (' m p ] o \ u <S Pt t 'Ulplo* I 'C"20 19 • mplovee-in or more emplo\e"N
! :* ei ir l<.\,v-! 7 e T t i i i ] ( t \ c i ' v
s- !U e m p l o \ e''s20 41) eini>I.'i>ee<50 or lilwre e m p l o \ ee>
Mani l l a ; lunns i , t<#i*tli 3 i-:npln\ <v-
1 7 emp]ov< -8 19 employees2 0 4(» e i i i p l n x e c s
50 or more t>'mpl<.\ec-
Tru i -po r t a t i on , communica t ion- , andntli ir IHIMK- utilit ies, t o t a l . . .
I 3emplo> .c s . . . .4 7 <>mrlo\ee-; .8-19 eni!>l<Ae<^20 4'< e m i > l o \ e e < . .
50 or moie employees.. .Whole-ak frad<\ total
3 3 emp]o\ets4-7 employee-- . . .s-19 ernpl<>\ees20-19 employer1-'50 or more employees
Retail trade, total1 3 employees\ -7 employees8-19 employees20- 49 employees50 or more employee^..
Finance, insurance, and real estate,rot i!
1 - 3 e m p l o y e e s . - . . . .4-7 t mployees8--19 employee20 49 emplo^e^50 or more emplo>ee<
Fervic^, total1- 3 cmplo\ees1 7 emploxee^s ]<) cmplo\(-"'S20-49 emp lo \ ee -50 or more emplo\ee^
T..M!.? ulvI'M,).liiue
272 , .W
2ol. sWJ»0. '»7s21, 731
s, :-:o():>.s*.
s, ! i 7". ' 75
V7»>\'2.'>
\\'<
M*7
21. 4501, OiiS2V 305
<)02300
27. < 3s13. 475
•\ 7!s1. 8 it",2, 5172.0* »2
\ M I0, 550
s7oS " 0
3s(»l s s
! S, 53912, 4253/210
., 1,953727218
00. 32545, 3708. 0021, 5971.428
32S
17, 74S14, 820
1. 98803022 •>
S2
102. 42382, 07012.IM0
5.0 401. 702
371
19
. fu ly -
22, 713
P'.. (.153, .V,!2. 192
t>52273
75!50010790272(
1 , Si "I71,300
2~4205
70"-2
2, S.-.21.500
52019 4179153
701525
0 sS219
i 1 . 0 1 U
' 1,1252101927010
1 5.3,s7' 3, MO
9754789430
1 04 41^350
2383.s102
7, s'925, 935r. 147
013171
20
10
l'>o7\
3 1 , 1 "'»
•>1 s o o"V. 735
3, oo2( ) ( i5
o-;7
i. !'»3 :SOO '15117051 '12
3, P 122, no '
4323(!')
9 4 '0o '
3. OsO1,s50 '
'"i09 ,002 '
1793so
1.17W1. 100
80 ,215
1929 '
2, 4S5 '1.050 J
2 48 '9227
0, 7874.845 ,1,120
014 ,157 ,51
2. 200l.s-20
292U't
3119
10,2377. M",1,517
710210.
S3
lan.-\lurch
32. P s
23. 00,"1 5*',42 52s1. 033
3 - s
1.001750
9915!
Is
13
2 , 2>M0
37125313217
3/XI2?.. 000
700,0(H
3s s207
ss3050122
032919
2, 1191, 350
l s 0
1898311
8, 0706, 0851, 174
01314400
2, 2972, 000
2020131
3
10.8378. 0301,404
59717828
191
Apr.-Iime
31. 92s
1. 0<*s2! O.( 31.0'«s
J01
05o•»0i
pi', '51 '22
3, oOl2. 250
}•'<">
211.Ms
17
3 73 ' .1,^50
• >70*',2233s2">(
7<i955(1
77112
JS12
2, 53S1,850
323279
7010
8,1496, 2901,130
400219
38
2,587 i2, 150 !
282 I10234 !19 i
13,140 |10,475 !
1,089 •720202 ;
54
J u l \
33,710
25. 3204. 1V»2 537
9071 17
900 ,0'M) 11 3 ' ' JS," !
5329
2 / }'»2. or 0
isO
3199< '•is
3 2551, 500
013599."521222
1/2911,000
9510352
•v.2,0(»0L400
349232
7732
G, 5734, 935
98847514431
2.1851,900
1571001012
14,40711.925
1,02s0212( 'S
22
O( t
J". 715
27. sVi5. 70h3, s331..V2
7 >
1.0'il0i0515415"
7o50
1, 70!3.300
7573s i17192
3. 7521 no
577,S(>*
55s;;,",<!
1. 105700l « s121
S 3
33
2, K)(>h 500
54038210071
7, 0035, 3851,155
795208
00
3, 0012. 400
4141224817
15,70912, 3951,9 411. 009
2 S S70,
I1-
T a n .A i u i c h
3'i 5 '7
30. 71."j ~Sti2. 5_'3
f'."35_(;
:. is2' , ' " ( 1
79\251pi
5. 3274. L5'1
(Wo
' •12 s -V3.*)«•
3, 171J. 775
5275S72* 5317
1. Is7875157
s;u25
2, 4911 S()()
3572129329
9, 3417, 3451,104
5S2• 220
30
1,8031,000
19152155
14,00512,150
1,70159317<i
12
Mi
4
1
j .
r
i <
t
0,
1,1.
15,12,1,
i<-
" 1 )
10 •i.V.
7o(M7s
'-v
• « ) ( •
703302H_>
2^
9s4550V)i~>2'i
2s<jl'>2
->()(
!">(9""7,<5722
5 3 s750477219
7016
409075890574242
28
85154C212
0028
47091501307S230
4(
» Based upon State Unemployment Compensation records.
creasing use of automobiles in late 1941and early 1942 resulted in a very favor-able showing for filling stations. Gasrationing did not get under way untilthe end of the period covered by thestudy.
In the manufacturing field, sharp de-clines in discontinuances occurred amongthe producers of petroleum and coal, rub-ber, and electrical machinery products.The greatest increases occurred in theiron and steel group, but these discontin-uances were largely among the very smallfirms.
Severity of Business Discontinu-ances Among Different Industryand Size Groups
In comparing the severity of discon-tinuances for various segments of thebusiness population, it would be desir-able to express them during eachquarter as a percentage of the numberof firms in existence at the beginning ofthe quarter. This procedure is not at
present possible because of the lack ofperiodic data on number of operatingfirms.
In connection with the present study,however, estimates of the number offirms operating in 1939 (within thepopulation of businesses included in thisstudy) by size and industry groups, wereprepared on the basis of Census, InternalRevenue, and Social Security data.4
The number of discontinuances amongfirms of each industry-size group havebeen expressed as a percentage of theestimated number of firms of the samegroup operating in 1939. (See table 4.)By means of these percentages it is pos-
4 The total number of businesses and thenumber in each industrial group were takenfrom data on the number of employingorganizations covered by Old Age and Sur-vivors Insurance. See release of the Bureauof Old Age and Survivors Insurance QuarterlyTabulations of Employment Volume andTaxable Pay Rolls of Covered Employers:1939. The size distributions were estimatedon the basis of data from the Bureau of theCensus and the Bureau of Internal Revenue.
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November 1943 SURVEY OF CURRENT BUSINESS 17
Table 2.—KstiinatCMl Number of Uclnil Husinessos Liquidated uv Transferred toSur<"o-sors, Concerns With One or More Km[)lo><^. Quarierh 1910-12 i
lnnl ] < » w l ' U lI u l > _ _ . _1' iU 1
J u - i l u h O< t J u t . \ p i r - iJ i » U N p I )» . M . i t l i M i n t v c
J v, \ ] . r . -
Food tii'l liquorAut<r"oii« c\ p p u e l avA n e o ^ ' U i i sE itiT'u .n,d d n u k i n g p h cIMHI ' . J - - i a t ions _ ...No t i l -owh. i c c l w f «.<!
/ >" > ' « , " o i l f , :2»,.",
i ! i ; I 2~-
I ! 7 ' T l ' i " ' M l
» 7 »•- i .i ; i i 1 M
,"(, - . SI I I I . 1 '
,>7 _ » J ' i •»»«' J » r - i i
1 Hj ' 'i iiju.u si \\ s I roiiii>i()\ men I COMITX \i-\\ i< I, K i v . i d -
Tahh- 'J.—-F^limaUMl Niiml.rr of Maiiiifartiir'-ng Bu^ijfie-^es LicjuhSaUu or Trail1-(Vrreelto Suor«*ss<ir>, (loticoriis vwlh Four or \l««re Kiii|»Ii»>t*«**', Quarlerl\ I910-I21
' . U M i U H I ' lPLT ' , t ' \i]
MUn.ui-, lotalIOM,1 and k i n . ' u ' l ]-io<lucbrl ol\U'co i i ianufICUIU'S . ._ (is
App i ro land otih'i hnMictl U' \ t ik [ i t . l - 'not > . ' 2 ' ^
T urnlu r .tr^l t n n h o r b \^\c prculuc'- ' J ' o . i1 UrTJ'tUio 'Hid fjIU^hcM ltllhlwr JTOdliC t i S i .i ' ' ] ••! ami allied p i o d m l - . . i»sT >r intni- m d p u M M i i r u and al l iul in-
( !u ' i iv Air <md iHicd [^odiut1^J ludi i fK of pp t 'oh 'un and co.d .
p1 iat 1101 m d li ihor p^udiHtsc toiu- t l n , ; nd eia^1- p m d i n h 'Iron. ^i-( 1. all i tlHU piodM('->' imn^M.i i iti»inniiiipTiioiit"(L\ctptant »-
me !uh-Xt)iif< n u- vwi d s a n d th< u produc! -I lot t in d m i' LIIK x\
] \ 1 i i i l " i ' \ i» \< i p t , » ' 11 ' U ' ;
V l l t o i 1 o ' T ' o i l i r i i h l < > ! > i j» t (J U i p ' ' l i t
J \ " i u ' i ' i i t o u i t i n i ' f c i i H i ' i 1 i r d u ^
' 11 iv d un ^i i«> I i n n pl<.\M".nt ( o'
hil'fii
I ' S (
1, 11
! I
J ' l ' \^ i p t
i, M
i /<
..,-n
JM
1.
^ ,-
\ nI l l 'U
mli \ \
h i i^ i i (
1 7
A , : .-
. i ^
S i110
1 ! ' l
"27I.'
1 .-»-*
f]0' ) . " i
1,
:u
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1 1 !
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Ml'JOS^
s
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i t
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7(I4'
• » >
21
!',A i i 7
l j
.'(it
i i
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1 > i
.1
1!
* ,
83 !
records.
("hart 2.—Businesses Liquidated or Transferred to Successors by IndustrialGroups1
THOUSAMDS OF FIRMS50
4 0
3 0
50 OR MORE E M P L O Y F F S ^
sible to compare the severity of businessdiscontinuances among various seg-ments of the business population.
As would be expected, the percentageof discontinuances varied inversely withsize of firm. (See chart 3.) For ex-ample, the percentage of discontinu-ances was four times as great for firmsemploying 1 to 3 persons as for firmsemploying 50 or more workers. Therewas, however, practically no differentialbetween firms employing 4 to 7 workersand those employing 8 to 19. Twice asmany firms in the 20 to 49 employee classdiscontinued as did those with more than50.
In each of the industrial groups, ex-cept contract construction and retailtrade, the smallest concerns had thehighest percentages of discontinuances.
Because many building contractorsorganize for particular jobs and thendisband or change to employee statusand vice versa, or engage in subcon-tracting and the like, it is difficult to se-cure figures on business discontinuancesin this field which are strictly com-parable with those for other industries.
In the field of retail trade the discon-tinuances among large automobiledealers to some extent account for thehigh percentages among firms employ-ing 20 to 49 persons. With these twoexceptions, the general opinion thatlarge firms were more likely to continuein business than small ones appears tobe well substantiated by the presentdata.
The various industry groups varywidely in percentage of discontinuances,the differences tending to be consistentfor all size classes within the industrialgroups. The smallest percentage oc-curred in retail trade. The number ofretail stores going out of business duringthe two-year period was about 10 firmsfor every 100 firms in existence in 1939.
At the opposite extreme discontinu-ances among the service trades were atthe rate of 41 firms for every 100 firmsoperating in 1939, with the rate amongmining firms about as great. Betweenthese extremes the remaining groupsoccur in ascending order as follows:finnncr-in^uranco-ieal estate, wholesaletiade. manufacturing, transportationand eonivat'f construction.
In tables 5 and 6, the poicentase ofDiscontinuances is shown Joi each m-diwdual industrial group within retailn ado and rmnafaeturm^. The automo-p«Ie imd the food and Wiiior dealt i- ox-perieruva 1ht h^hc bi pe i ccn ta°o of dr--<~'<)nMmmi(e. Iri ihesc l i n ^ 1G GCIKINy\'*ii+ on- ox busme s m (be 2-;s\ir p'M'iodiVi earli 1G*J firms rper I-UYJ J.I 1939
At the oppj>ue "xticmc v i e fiihnctati'tris cinJ eauru, and dnnti i if places
Avioni- ilie,c itViil oinl.H,^ t! * cWon-t n v ^ " - \\c"^ about 2 pa1 100 «n exist-VIM, m lfi.n.
Fn in am far- v m^, di^coiiimuanc wr-t u l ' i + ivf'lv f,i^at.-t in K< ,ic liiniLoipioducis dr.d iri.nspoitat'cii rquipm^nl^hu-li a incui t rd to obout 20 p*iccn{ ( ithf n :mhr:' of concerns m txiM<nc( i iI'J30 CV. the uthfv lie iv'. ihe r^iv'Ti'uwo' ansL^'iLiiR'niicro, for fiiT,; in the to-
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18 SURVEY OF CURRENT BUSINESS Nove nbcr 1943
Table 4.—Business Discontinuances,1910—12, Corn pared with BusinessesOperating in 1939, Concerns with Oneor More Employees, By Industrial andSize Groups
Industr ial group andsi/o of business
Numberof busi- '
i
Businessesliquidated ortransferred,Ju ly 1940-Jmii' 1942 2
N u m - Fer-ber cent
All groups, total _ . _All groups excluding t ians
portat ion and finance1-3 employees4-7 employees . . . .8-19 employees20-49 e m p l o y e e s - . . . .50 or more employees
Mining, total1-3 employees - -4-7 employees8-19 employees . . . . . .20-49 employees.f>0 or more employees _
Contract construction, t of a1-3 employees4-7 employees . . . .8—19 employees .20-49 employees50 or more employees . . .
Manufacturing, tot . i l . . . .1-3 employees . _.4-7 employees. _8-19 cm ploy eos. _.20-49 employees . . . .50 or more employees . .
1.33'», 4D7 272, (UK)
820, 3*Jti ls(t,'4(',i\'24.', 1)2.") I 34, 120 •142, 91S ! 20. 2r>4 IMi. 471 . 7, IV.)239, 140 ! 3 300 ;
20,3317. 809"5, 0973,373
12 4.779 ;
7 4.992 i23, 829 '
8.0873, 071
923
197
21.430 ,4,01)8 ,
Transportation, total
Wholesale trade, total. . .1-3 employees - - - i
8-19 employees...20-49 employees. . . .50 or more employees . . \
Finance, insurance, nndreal estate, total . . ,
IHotels, amusements and i
other services, total1-3 employees . . . .4-7 employees..8-19 employees . . .20-49 employees50 or more employees . . .
Retail t rade, total . .1-3 emplo>e"s4-7 employees .ft-19 emplojees . . . -20-49 employees50 or moie employees
ID 731 I 2,303 :io, i.vr j (»o22, 870 I 3M»
170.03 4 , 27. iV^It), t i l^ . 13, -17,")32, 95:s i 4. 71S j31. 170 I 4.S3' l !23. 3 IS , 2 .317 jr> 920 • 2, 092 j
o i. 313 , 8, s44
1 r. w.) 1 ^ , r-..vi73,08.") i 12, \2b .33.893 I 3,210 ,23,033 i I.-).".} !9. -,79 | 727 |3, J37 I 2is i
1>>~\ ii)s 17.748
j2V), S'O j i o J . LMl s x , .;.•>(> ! ;>J. 0 7 0 •
iJ.O32i 12. nl()20, SOD i 5. Old ,
3. 03."> | 1. 7023, in s $71
22 0H 914 211 hu 0
Jo. 817.8
23.328. 015.721.48. 7
12.5
16.328. 914.315.510. 8
12.610.99. 5
021. IH128, 7i)iiI IS, 07 45I.5.SU1 1 . ' M l
8, 0 7 s
00. .i2.">15.370 '8, 00?1, 5"71 428
32s
40. 543.539. 527. 128.610. I
9.710.07.38. 99. 64. 1
1 Est imates b i w d upon dataand S u r v i v o r Insuianee, BuiBureau of Intern d l{e\enue
2 Numbi r -*f biisme^-n-; lKjnid.itsuccessors i^e-tmi. ' t ' .1 fjom State Ipensation reeoid t\<u\ peieenimebusinesses ujx-i M \J\<J m J93'(
n Hm<> in of Old A wi f>{ {iie < YIHUS and
!e 1 ' r trui-lVrred tocinplo v ment Com-u thf number of
Relation of Liquidations to TotalDiscontinuances
Frequently in discussions on businessmortality, data on business discontinu-ances have been applied to questions be-yond their scope. First, they are oftenused as measures of the number of busi-ness failures on the assumption that alldiscontinuances involve great loss totheir owners or creditors. Such an in-terpretation is, of course, unwarranted.Discontinuance figures apply to all firmsceasing operations and include those re-tiring voluntarily,, selling out at a profit,opening at new locations, or enteringnew or more profitable businesses.
Second, discontinuance figures arecited as indicators of the net decrease inthe business population. This is justi-fiable only when an adjustment is made
Table 5.—Retail Trade: Business Dis-continuances, 1940-42, Compared WithBusinesses Operating in 1939, ConcernsWith One or More Employees
Ketaii ^r
Xumberof busi-nesses
o per at inin 1939 '>
Businesseslifjuidated or
transferred. .luly1940-June 1942 i
Num-ber
<>enei il men h a n d l e1 K>«1 and liquorAuiomoi i\e\pi>aicl m 1 ai ee^o
]' u ing ami d u n k n i1 "lime s* ition^\ o t . K , \\\\(T{ i \ \ ^ l l
021,413 'W 3 2 i
1 i Id!) 2 <>2Uh 9 ,1 22 r>31 , 412 (). 2l>•*W 8'»2 d 12'
127 -Oh 3. T)2
' i f , 72i ] ^ 12s
15. 210. S12.92. o1. »1
12. 3
"-ic n o t e 1, i >ble -4 p 18- C?C« l l " t ( 2. t i b R 4, 1) 18
lor the number of new enterprises enter-ing business during the same period.
Third, data on discontinuances arequoted as measures of the number offunctioning business units suspendingoperations. This also is an unwarranteduse of the data since those discontinu-ances which are associated with trans-fers to successors do not result in the lossof functioning business units.
In order that discontinuance figuresmight be somewhat more applicable tosome of these problems, in this studythese two classes—liquidations andtransfers—were distinguished. Data onthe number of firms which liquidated inthe various industrial and size groups
are presented in table 7. (The estimatednumber of businesses transferred to suc-cessors may be computed by subtractingthe number of liquidations given in table7 from the corresponding total numberof discontinuances shown in table 1.)
The total number of liquidationsdoubled during the two-year periodunder study. It is clear from a compari-son of the trends shown in tables 1 and 7that liquidations accounted for two-thirds of the total increase from mid-1940 to mid-1942. Thus, while theimpact of war increased slightly theturnover in ownership of functioningbusiness units, it greatly increased thenumber of complete liquidations.
When table 7 is related to table 1 ina percentage-wise fashion, the relativeimportance of the two types of discon-tinuances may be easily grasped. Forail concerns included in the study 45 per-cent of the discontinuances were liquida-tions. Over the two years studied, therewas an increasing trend in the propor-tion of liquidations. For example, at thebeginning of the period 43 percent ofthese discontinuances were liquidations.By the second quarter of 1942 the pro-portion had risen to 53 percent.
There were also marked differencesamong the various industrial and sizegroups. On one hand only 36 percent ofthe reported discontinuances in the serv-ice trades and 40 percent of those inretail trade were complete liquidations.On the other hand, 80 percent of the dis-continuances in contract construction
("hart 3.—-Businesses Liquidated or Transferred to Successors, July 1940—June 1942, as Percentage of Number of Firms Operating in 1939
PERCENT20 30INDUSTRIAL GROUP
ALL INDUSTRIES!/
SERVICES
MINING
CONTRACT CONSTRUCTION
TRANSPORTATION ANDOTHER PUBLIC UTILITIES
MANUFACTURING
WHOLESALE TRADE
FINANCE. INSURANCE ANDREAL ESTATE
RETAIL TRADE
SIZE GROUP
10 40
ALL FIRMSJ7
I TO 3 EMPLOYEES
4 TO 7 EMPLOYEES
8 TO 19 EMPLOYEES
20 TO 49 EMPLOYEES
50 OR MORE EMPLOYEES
1 D a t a i n c l u d e on ly firms h a v i n g (>-i«> ->i m<uv e m p l o y e e s .
S o u r c e : 1*. S. D e p a r t m e n t of <.<-.nnior<e l 'a«ed u p o n S t a t e u n e m p l o y m e n t c o m p e n s a t i o n r e c o r d s .
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November 1943 SURVEY OF CURRENT BUSINESS 19
Table 6.—Manufacturing: Business Dis-continuances, 1940-42, Compared WithBusinesses Operating in 1939, ConcernsWith Four or More Employees
Table 7.—Estimated Number of Businesses Liquidated, Concerns with One or MoreEmployees, by Industrial and Size Groups, Quarterly, 1940-42
Mumlaeturum.roup |
. i , i transferred, Julyn , ^ JOlo Jum 1 9 ^
"""•i"i|>r- > ~Ml ^DlJib, t >t'll - .
Food and kindred productTobacco ui'inulacjuresTextile-mill productsApparel and other finished J
textile products - -Lumber and timber basic
products iFuni'.tmeand finished luin- ,
her productsPaper md allied produetsPrinting and publishing
<iiid allied industries !Chemicals and allied prod-
ucts _ !Products> of petroleum md '
coal .Rubber products <Leither and leather prod-
Uf'tb.^tone, clay and jilass prod-
ucts _Iron, steel and their prod- :
nets ._Fran ^portation equ ipmen t '
(except a u t o m o b i l e ^ '\"onfeirous metalb and their
products |Kli-ctrical maehiner>Maehinerv (except elec-
trical)\ i i tomobi les and iMii'imo-
bile equ ipmen tM iseellaneous manufactur-
ing industr ies
1.041*», 179
7, 171 ; 2,1
0. 130 ' 2A
701
.2M
J U O
7." I
.0.11
.0t>8
09u
308 <
r.27 '
boo
192
30b.-519
158
o i
5 0
7 3
11 t
7 1
i l I
I!) ')
I t S
1.) •>
1 <ee note 1. table 1, p. !s- e» note 2, table \, p. Is.
involved the complete dissolution of thebusiness as a p,oing concern. Discontinu-ances in wholesale trade, transportationand other public utilities, manufacturing,and finance were about equally dividedbetween closures and successions.
The proportion of liquidations variedinversely with the size of firm both forall industrial groups combined and forthe various industrial groups. That is,as the size of firm increased the propor-tion of liquidations decreased. For every
Ml uroups, toiali 7'Miij)l'i\<»e-s M' employees>[> !9 employees . .,")0 of inc-ie i>mpli>\ ee-,
Mmitiu, total] 7 emploxee-,s P.) employ ees20 49 e m p i r e s,"o ot mole emp!"\ees
<\>ntraci con^tiuv-flon, t'»t«>lI 7 employe- sS 19 employees20 I'.) i'inpr»>(M^10 ot more vmplo ,< e-.
Man'ifii'turimr. (oi il -I 7 employees8 19 employees20 i9 I'lnjiinVTi50 .tr mon employees
Ti ui^port.ition, communications, andother public uii'Ui"S, etc., total1 7 emploveesx 19 employes20 19 employees10 or more employees
Wholesale trade, total -] 7 employes* M) employ ees20- 19 employesGO or mure employees
K.Mdll ti.idp, total1 7 employees _s 19 employes2o \\) t mpl,)\ec^."li or more employees
To.!"l ' (
. I I I
>ta\, !' 1 \ '10M l
12
1940
J.ITI.-M a i . J u i n
1941
- J • l h•ept.
O c t . ) m.Mar .
1942
\pr.June
I 2 M 1 - S 9 , 7 J O 1 1 , 3 0 0 1 2 , 1 0 7 1 1 . 1 2 * 1 3 . 2 s } 1 7 , W > 2 0 . 4 2 2 ; 2 0 , ,19 i
i 0 7 . s ! 0 \ ' 2 3 1 2 . 1 2 . 1 1 0 . 9 7 5 1 2 , 1 0 7 1 1 , 0 0 8 I I . ' 1 0 3 I s . 5 ! i | i s . 5 9 5
'.. 1 9 1
1. 17 '
' 7 0
•1\
12s310
20l i
(-17 'pi t
2,315
" 2 2 0 , 1395-. 7119 15
1.733 1.007
2.H02 2,27^1.771 ' 2 , 0 1 !
3091 1.1
T>s}503
12
1,914
8,597 1 1.111 1,231 1
292213
12
' ) s ) L
()SS
S>s
15
21011.370
1713
4 ,
1527s «i3 1 ' 3
1,731 1.371, 15)
29S
10S
37933S
31S
27010!'
71
019,117
t
2711 NTO
1,059
300
101
102M
\
4 iti215
0091732
1, 5251. 131
2S9
: \ 113
20
s-10 1.022721 1. M
73 lll'.i15 H
1 8
< - I915 ! 1.277s't.i ; 1, i3o00 11731 , 21
21.15) !,s70 2. Us 2,902 2.97i21 si)O 1 723 2,207 2, ON) 2,7-4S
1 70s no ]7s 159 1515/2 37 12 12 03
h" 9 11 15 0
. 0 " l , l , 2 l s 1, 1.13874 > l.iiOi) 1,310)
90 1 11 S.{32 M
5 1 !• 17
!. 517 2.»»s3 1.5U!, l'.Jl 2,354 1.11)9
271 > 270 jt»2
J'itnuice, i n s ina 'ue , and real est Ue, to ta l . 7. 992 72.11 7 employee^ 7 t.21 ol>i)8 19 employee*. 251 1920 19 employees _ . ' 4 710 1.1 moie eniplw\ ' \ s HO
-e^ices , total . il. 700 2, ,"9s1 7 employe-. :/2. i.'n 2,3i7s 10 employes . 1(7U 2o220 19 employes 521 5050 of n m n e m p l o y t - . 195 9
l . P My . 4
S5S 1,051SI 5 9')7
1-S 101 7
7M» 1, IU41!) 1, -5S0
42 H11
0 ' 0
9'.721
3. 555 3. 0273.207 2,810
251 10179 0115 5
3,835 i 4,201 I 5,410 [ 5,8283,528 j 3,930 j 5,018 j 5,540
223 I0123
18779
299 ; 208 !09 ! 00 !24 I 14 !
021,117
1.0)01.2.M
2 '•1 I 1
1. I l l
13?
7'M72 Jil
1. IV»1. 10 i
1 . 1
l . - ' i l3. 7^2
1.05133) J
1
0, 2305, 950
2100010
100 very small firms recorded as discon-tinuances, 45 were liquidations, whileamong firms with 50 or more employeesliquidations claimed 38 out of every 100discontinuances. In mining, the per-
centage of liquidations for firms with 1to 3 employees was 64 and for firms with50 or more employees it was 50. In retailtrade the corresponding percentageswere 41 and 20.
Revised Estimates for Sales of Retail Stores(Continued from page 14)
number of heavy shopping days, espe-cially Saturdays. Adjustment for num-ber and importance of business days wasaccomplished by assigning to each day ofthe week a weight expressed in equivalent-days. Holiday allowances are almost thesame as in the former index.
Separate numbers of equivalent dayswere used for chain and for independentstores in several kinds of business. Esti-mates of the number of equivalent daysby kinds of business were secured fromtrade associations, trade journals, andfirms reporting to the Bureau,
In addition a method was devised toindicate the relative weights of Satur-days and Sundays whether or not directinformation was available. Briefly thismethod involves the following procedure:(1) the sales estimates were adjusted,first, for trend and cycle by taking ratiosto 12-month moving totals, and second,
for seasonal variations; (2) the adjustedratio for each month was classified intoone of four groups according as themonth has four Saturdays and four Sun-days, five Saturdays and four Sundays,four Saturdays and five Sundays, or fiveSaturdays and five Sundays; (3) arith-metic means were computed for eachgroup; (4) weights for Saturday andSunday relative to the remaining days ofthe week were estimated from the fouraverages; (5) the number of businessdays was made to total either seven orsix depending on whether any substantialproportion of sales are made on Sundays.
The number of business clays in eachmonth was calculated by simply addingthe number of equivalent days for eachday of the month.
Adjustment for Seasonal Variation.
Adjustment for seasonal variation wasaccomplished by the 12-month moving
average method applied to the unad-justed indexes. The period used was 1935through 1941, and, in a number of cases,through 1942. Separate seasonal adjust-ments were made for chain and for inde-pendent stores in each kind of businesswhere separate series were used to esti-mate sales. The seasonal relatives wereadjusted to total 1,200 for each series inevery year.
In the current period, the seasonalmovements of a number of series, espe-cially the durable goods stores, clearlyhave much less amplitude than formerly.It was decided that this change wasmarked enough in 8 of the 25 kinds ofbusiness to require changes in the sea-sonal factors. In view of the short periodduring which the new factors have op-erated, only provisional figures could beobtained.
For farm implements, household ap-pliances, and chain automotive parts andaccessories stores, factors for each monthwere moved one-half of the way toward100 for January 1942 and subsequent
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20 SURVEY OF CURRENT BUSINESS November 1943
Char! 4.—Sales of Food and Beverage Stores, Adjusted for SeasonalVariation
INDEX, 1935-39 = 1003 5 0
300
250
200
150 L
100
50 H1935 1936 !937 1938
Source : V. S. Department of Commerce.
EATING AND DRINKING PLACES
1939 1940 1941 1942 1943D.D. 43-599
months. For independent building ma-terials dealers and hardware stores, fac-tors were moved one-fourth of the waytoward 100 in and after January 1941.The seasonal for motor vehicles has beendistorted by the absence of new cars. Inthis case, the seasonal factors for 1942and 1943 were obtained by moving thoseof earlier years halfway toward the 1942factors for filling stations. The Decem-ber factor for jewelry stores was loweredin favor of October and November. Theonly change among the nondurable goods
stores was the movement halfwaytowards 100 for fuel and ice dealers effec-tive in the middle of 1941.
A further correction was made to ad-just for the shifting date of Easter inthose kinds of business 4 affected greatlyby sales of apparel. The following pro-cedure was used: (1) the ratio to the 12-month moving total of the unadjustedsales indexes was computed for eachMarch and April; (2) these ratios wereaveraged for March and for April: (3)the deviations from the March average
in the entire record year of 1920. Itmay be seen from the constant dollarindex in table 4 that the volume of goodsexported in the first 9 months of 1943 isabout 47 percent greater than the volumeof exports in the corresponding periodof 1942 and 75 percent greater than theamount exported during all of 1920.
Analysis of the composition of the ex-port trade in the first 6 months of 1942and 1943 reveals no startling reversal oftrends. Indeed the changes taking placemay be considered a good index of theincreased synchronization of the UnitedStates war program with the total wareffort of the United Nations. Finishedmanufactures are to an increasing extentthe largest single class of exports andreflect the increased share representedby munitions exports.
As far as the method of financing ourexport trade is concerned, it- is evidentthat lend-lease not only supplies thechief means of financing the transactionsbut constitutes a position of growing im-portance in the export trade. Duringthe first half of 1942, 52 percent of ex-ports was financed in this way, while inthe same period of 1943, lend-lease goods
The Business Situation(Continued from page 5)
made up 77 percent of the value of ex-ports. Meanwhile privately financed ex-ports declined not only relatively butabsolutely from 1,659 million dollars inthe first half of 1942 to 1,244 millions inthe first 6 months of 1943.
Recent improvement in the UnitedStates import volume reflects in part therecapture of control of the sealanes re-sulting from the North African victory,the increasing trend of conquest of thesubmarine, and allied victories in thePacific. Despite a September decline ofslightly more than 30 million dollarsfrom the August peak, third quarter im-port values totaling almost 900 milliondollars are 6 percent above second quar-ter imports and approximately 25 per-cent above those of the first quarter.During the first 9 months of the year,imports totaled almost 2.5 billion dollars,representing an increase of 22 percentover the import level reached during thecorresponding period of 1942. Changesin import values computed in constant1941 dollars suggest that for the periodsunder consideration, 1943 imports are 14percent higher than in 1942. This im-provement in current import quantities
were subtracted from the correspondingdeviations from the April average; (4)the differences were plotted for each yearagainst the date of Easter; (5) a curvewas drawn through the plotted points5;(6) the differences, read from the curvefor each year were multiplied by 6 be-cause ratios are to 12-month movingtotals, and the results were added to theApril seasonal factor and subtractedfrom the March factor for each year.Combinations of Sales and Indexes.
The dollar sales of all retail stores wereobtained simply by adding the sales foreach kind of business. Unadjusted andadjusted indexes were combined throughthe use of base year weights (1935-39 —100) for durable and nondurable goodsstores. The indexes of sales of all retailstores were obtained through the weight-ing of these two subgroups.
In addition to the estimates shown intables 5 and 6, dollar sales adjusted forseasonal variations have been computed.These estimates by kinds of business werecomputed by applying the seasonally ad-justed indexes to the monthly averagefor the base period. Adjustments weremade to bring the annual totals of theseasonally adjusted dollar sales to equal-ity with totals for the unadjusted dollarsales.
" 4A11 four kinds of business in the apparelgroups and all kinds in the general mer-chandise group except general (includinggeneral merchandise) stores with food andmail order sales in department stores.Separate Easter adjustments were made forchain and for independent stores whereseparate monthly series were used,
5 This curve was not the straight line some-times fitted which, in the opinion of theauthors, has little theoretical justification.The curve used was a horizontal line for alldays in March, has a cusp on April 1, andthereafter had a positive slope concave down-ward until it became practically horizontalafter April 20.
to some extent offsets the 30 percent de-cline in the volume of imports from 1941to 1942.
One of the most significant develop-ments in import trade during the waryears has been the increasing flow ofimports into this country from otherAmerican Republics. The excess, forthat area, of imports over exports dur-ing the first half of 1943 is over 100 per-cent greater than the import surplus inthe entire year of 1941. Thus it is evi-dent that our American neighbors aresupplying us with many of those strate-gic materials whose sources of supplywere cut off as a result of the war.
It appears from the current trends offoreign trade that, for the entire year of1943, the value of exports will be about13 billion dollars while imports will beapproximately 3% billions. This wouldindicate an excess of merchandise ex-ports in 1943 of between 9 and 10 billiondollars. This export margin, instead ofbeing a balance in the normal sense ofprivately financed foreign trade is pri-marily the United States' contributionthrough lend-lease to the war effort of.the United Nations,
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November 1943 SURVEY OF CURRENT BUSINESS S-l
Monthly Business StatisticsThe data here are a continuation of the statistics published in the 1942 Supplement to the SURVEY OF CURRENT BUSINESS. That
volume contains monthly data for the years 1938 to 1941, and monthly averages for earlier years back to 1913 insofar as available; italso provides a description of each series and references to sources of monthly figures prior to 1938. Series added or revised since publica-tion of the 1942 Supplement are indicated by an asterisk (*) and a dagger (t), respectively, the accompanying footnote indicating wherehistorical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index numbers referto adjustment of monthly figures for seasonal variation.
Data subsequent to September for selected series will be found in the Weekly Supplement to the Survey.
Monthly statistics through December1941, together with explanatory notesand references to the sources of thedata, may he found in the 1942 Sup-plement to the Survey
1943
bep-teraber
1942
August Sep-tember
Octo-ber
Novem*ber
Decem-ber
1943
Janu-ary
Febru-ary March I April May
BUSINESS INDEXES
June July August
INCOME PAYMENTS f
Indexes, adjusted:Total income payments _. 1935-39 = 100.-
Salaries and wages doTotal nonagricultural income. . . . do
Total _ mil. of doL.Salaries and wages:
Total § doCommodity-producing industries, doWork-relief wages do - . . |
Direct and other relief . - do [Social-security benefits and other labor in- j
come mil. of doL _ jDividends and interest do jEntrepreneurial income and net rents and |
royalties ..mil. of dol j v 2,555Total nonagricultural income do p 10,901
v 215. 7P241.7p 210.8
p\2, 545
p 8, 680P 4, 051
0
p 980
FARM MARKETINGS AND INCOME
Farm marketings, volume:*Indexes, unadjusted:
Total farm marketings -1935 39 = 100,Crops . _doLivestock and products do
Indexes, adjusted:Total farm marketings do
Crops... . _ doLivestock and products do
Cash farm income, total, including Govern-ment payments*. mil. of doL.
Income from marketings* doIndexes of cash income from marketings: |
Crops and livestock, combined index:U nad j listed 1935-39 -100 .Adjusted do . .
Crops do _Livestock and products... do ....
Dairy products do _Meat animals . doPoultry and eggs do
INDUSTRIAL PRODUCTION(Federal Reserve)
Unadjusted, combined index! - 1935-39-100Manufactures!. . . __ . . d>
Durable manufacturesf - - - '!'Iron and si eeli . . . . . . . dLumber and products]- _ . _ d<
Furniture! - - d<Lumbert . . . . . d<
Machinery f - d<Nonferrous metals and products! d<
Fabricating* . . . . d<Smelthm and refining* _ d<
Stone, clay, and ulass products! doCementClay products*(ilass containers
Transportation equipment! . .Automobilesf _ .
Nondurable manufactuu'st .Alcoholic beverages .Chemicalsf .
Industiial chemicals*. . . .
p 158p 181p 140
p 131v 115v 144
° 2,000» 1,943
P 292. 5° 243. 00 252. 0D 237. 0B 189.a 259.5f 271.5
i 260p 36s
213P 136i 1 isv 130' 140
/• 132200
' 391P 3S5
176.2 i193.2 j172.6 I9,547
6,8633.334
35
164437
1,9978,412
138 i154 !126 |
127 i117134
1,4351,412
212.5204. 5209. 5201.5164.0234. 0187. 0
207219291197
35b21621921017119515116b50blt)5H.li 10292292
178.4195.8174.5
10,450
7,0833,414 |
30 I85 !
|176894
2,212 I9,092 I
165211130
132 I130134 !
1.753!1,726
260. 0207. 5222.5197.5166.0227. 0181.0
30010913913H1393652232272U171200US107539
HO299292
183.0201. 7178.9
10,836 I
7, 3963, 528
2685
175
2, 4289, 266
178221145
130128 I132 I
295.5 !211.0 I225.0 !201.5 I167.5 !230.0 i194.0 !
218233312207140H5137•isO230231
176202151lt.S
317301
189.2208.8 i184.2 !
10,680 I
7,5683, 598
2484
174522
2, 3329, 243
157 |178 I1,41 I
141 !152 !133 ;
193.4213.9 i187.9 I
11,608 i
7,748 '3,627
2384
1801,419
2, 17710,354
2,015 I 1,8251,962 I L764
265. 5224. 0248. 5208. 0168.0239. 0204.0
22023*',319201130l\21233<)22392!023S175ISO!50171600
103331310
144153138 I
141 !144 |139
1,5711,499
225. 5 I226.5 j237.5 I219.0;177.0 I249.5 i233.5 !
22123 9
20012014610'i107 !2 U '2132121691501191606)30191I MS91
310319
196.5 I 200.6218.6 j 222.4191.9 | 194.8
10,819 10,499
7, 725 7,8453,598 3,665
19 | 1583 I 81
195781
2.0359, 733
117 !112 !121 i
127 I127127
1,3611,261
190.0224. 0237. 0215.0170. 0222.5286. 0
223212331201112142 ,'Hi
117250251211170139
19s!6s
351332
199442
1,9329, 514
10284
116
129121 !134 I
1.2051,126 !
169.5 I239. 5 \245.5 i235.5 I183.0 I260.0 |271.5 !
2292173122l )81191 17101120
1.571M
20 <1711103(>2332
204. 4225. 0197. 0
11,261
8,0013, 743
1178
210907
2, 06510,143
11585
137
140137141
1.4021,310
197.0260. 5273. 0252.5189. 0274. 0319. 5
23225135021012311911043t
121131is.t>92201171105372311
207. 3228.6200.1
11,240
8,1273,803
215753
2,06810,120
11471
147
136128 I141
1,3871, 322
199.0261.0272.0254. 0202. 0284. 0276. 5
235255356209130119120111
26217212s13S19171s206173!07
208. 7230.7201.911,138
8,2453,875
476
224486
2,1079, 964
12175156
211.3234.6204, 912,161
8, 4053,938
2311,354
2, 09410, 984
11666154 ,
213. 1237. 3207.011,748
8, 3673,974
0
234855
2,21510, 440
1 3 2 '•114 i145 i
' 215. 5239. 2
' 208.6"11,677
r 8,466r 4,018
0
r 240466
* 2, 428• 10,159
149161140
1.1,
139130147
440400
11
135117149
408384
11
136118150
579544
T 1 ,r 1,
141126152
850772
210.5 ;258.0 |264.5 I253.5 I204.5 i282.0275.5 I
'•\~)8 1
36020S136
117130113
2hl2711M)13713621 172S2111751063s<)350
208. 5256.0 I248.0261.5202.5 I299.5 \275.5 I
2382593592011351 is12SHI261260275177136137197713215177127396
232.5 !255. 5263. 0251.0202. 0280. 0271. 0
266. 5265, 5281.5255.0
r 197.0290. 0277. 5
' Prehmmarv • Revised. Revisions in the 1911 fmurcs lor iron and steel will be published in a subsequent issue.The total includes daf a for d i s t r ibu tee and ser\ ice industrii s and go\einmeni w hieh h<i\e been discontinued as separate series to avoid disclosure of military \
v New series. For a dcsciiption of the index< s of the volume ol far in market hies and figines beginning 1929. see pp. 23 32 of ihe April 1913 Survev . 1 >ata beginidollar figures on cash faun income are shown on p. 28ception of the clay products scries, aie shown in table 11
t Revised ^eties. Data on income payments revised 1rev ised in the August 1913 Survey; see note marked "f"have been coniplet* lv re\ ised: data bi ginnnm 1913 are ^habout b> the expansion of the military pro.iiam; new serie
if the May 1913 Survey. Data for 1911 and all months oi 1912 for the new series under industrial produetioi•m p. 8 of the October 1913 Survey.•m'nuing January 1939; for fiuuies'for 1939 41. see p. 27, table 1. of the March 1913 Survey; the 191
S f h f i i fi f th f i t 5 h f 19 Th i d f h i
211259361203
1 IS12S'138205261276173\\\1321957">42201771263'»7 .i<»9372 3S2
>ay rol ls .ing 1913 for t h ei , w i t h t h e ex-
2633662«'9
1 H)141266
: 79r.»92 35210765232179122
g y ; pp. S-l of that 1 sue for revisions in figures f< r tho first 5 months of 1912.
n o n p. 28 of the May 19!''. Surv y . The industiial product on indexes h
yThe indexes of cash ii
been re\ ised to takep y y pweie introduced into the index, and a ntimbei of series re\ ;sed; in a<l lit ion. seasonal factors
R e v i s e d u n a d j u s t e d indexes for I h e i n d i c a t e d ser ies , a n d also ad. i t is ted i n d e x e s for t o t a l i n d u s t r i a l p r o d u c t i o n , t o t a l m a n u f a c t u r e s , a n d d u t a b l e a n d IKs h o w n lor 1911 a n d 1942 in t a b l e 11 on p . 8 of t h e O c t o b e r 1913 Surve .v ; t h e t e w s i o n s a>e e x p l a i n e d in t h e a c c o r n p a n v my t e x t . R e v i s i o n s , m ueue ra l , h e a a u w i t h l'»39 b u t , «»vt h e (hemicals u i o u p , d i d not alTeet t h - a n n u a l i ndexes lor t h a t v . ' a i . all lev isjons w ill be p u b l i s h e d in a s u b s e q u e n t issu.-.
mires for n
f o u n t of c h a n grev i sed w h e r e
lurabl*1 m a n
tiost i t ems vveroketinirs
•essary.res, aro•ept for
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S-2 SURVEY OF CURRENT BUSINESS November 1943
Mont lily stat ist ics through- December1941, together with explanatory notesand references to the sources of theda ta , may he found in the 1942 Sup-plement to the Survey
1943
Sep-tember
1942 1943
August Sep-tember
Octo-ber
I Novem-, D e e m -! bor ! b<r
J a n a - j| March j April j May June j July j August
BUSINESS INDEXES-Continued
I N D U S T R I A L P R O D U C T I O N - C o n .
Unadjusted—Continued.Manufactures—Continued.
Nondurable manufactures—Continued.Leather and productst 1935-39 = 100__: v 109
Leather tanning* do ' „Shoes. d o . . . . : p 113
Manufactured food productsf do ; P i(>7Dairy products % do 'Meat packing do p 164Processed fruits and vegetables*, do : p 259
Paper and products! do 'Paper and pulpt - - - -do •. .
Petroleum and coal productsf do j v 200Coke do. _._ I 171Petroleum refmingf . . . . d o . ! p 205
Printing and publishing,. _ . . . d o , . . . j p 112Rubber products ...- _._.do 1 p 226Textiles and products! do j p 150
Cotton consumption . -do | p 150Rayon deliveries do I 181Wool textile p r o d u c t i o n . . . . do ]____
Tobacco products do } 141Minerals! . . . . . . . d o . . . I P 144
Fuelst . . . d o . . . | v 141Anthracite!..- . . . --do I v 129Bituminous coalf . . do j P 155Crude petroleum do.. . . \ v 137
Metals . . . do j v 163
Adjusted, combined indexf do i v 243Manufactures . .do j v 202
Durable manufactures . _ . . - . . - do . . . -Lumber and products . d o . . .
Lumber . . - d o . . .Nonferrous metals . . . . d oStone, clay, and glass p roduc t s . . _do . . . .
Cemen t _. . _ _ . . . - . do 1
p 307v ]28v 118p ?67
Clay products* . do ! v 128Glass containers . .do | 196
Nondurable manufactures . . . . d o ? 177A lcoh olic beverages d o . . . L.Chemicals '. . do j p 394Leather and products . d o . , , j 3=110
Leather tanning* . . do.. . . . • .Manufactured food products do j v 144
Dairy products doMeatpack ing do i p 183Processed fruits and vegetables*- do j v 120
Paper and products d o . . . .Paper and pulp do
Petroleum and coal p roduc t s - . . . . do j P 200Petroleum refining . do J P 205
Printing and publishing do I P 111Textiles and products do p 150Tobacco products . do 134
Minerals _._ - . . _.do P 139Metals _ . . . . . _ --do p 120
B U S I N E S S I N V E N T O R I E S . O R D E R S ,AND S H I P M E N T S I
Estimated value of business inventories:* jTotal , -_. mil, of dol. _
Manufacturers doRetailers_ do 6, 248Wholesalers do 3, 893
Indexes of manufacturers' orders, shipments,and inventories:
New orders, total Jan. 1939 = 100..) . .Durable goods . do j
Iron and steel and their prod do |Electrical machinery do \Other machinery do jOther durable goods.__. do j
Nondurable goods do jShipments, total avg. month 1939 = 100.-1
Durable goods . do jAutomobiles and equipment do !Iron and steel and their prod. . . . . do ''Nonferrous metals and prod.* do j _ _ _.Electrical machinery. . do j___Other machinery do ITransportation equipment (except j
automobiles) do !Other durable goodsf.._ - . . . . do !
Nondurable goods do |Chemicals and allied products do jFood and kindred products do IPaper and allied products do . - . JPetroleum refining ..do jRubber products do jTextile-mill products do iOther nondurable goods. - . do !
118120117150184132205129131148165145102177155169169154135136126118140121194
204217290
134132216
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29, 09417,392
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184215 j
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]1,466 !
187 i167 I171 !178 i131 j135 i179 !191 i154 !
115120112163156147285132133153166149109180157171170155144137129129150120184
299130126223163173143164161138298116122137148162123132133151149108157135131145
29,03417,439
7, 3504,245
264390250 I411 !358 j636 j183 |224 |283 i194 !216 j228 |286 |322 |
.,579 !200 !
177 I187 !187 !136 !140 |205 I197 !165 !
120 ,
115 '147 •126
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101 ,159 '172 !174 •160 i149 S134127 i117 I145 I121 i176 |
215 !230 I311133127230167174143163165123314119126137152145123138139154153117159140129140
28, 85117,5477,275 :4,029
266 j387 |
413 j387 |643 I188 ;
228 :
289 '207 i212 I236 !
317 !333 |
1,578 \197 |181 !182 :190 |146 i138207203173
119130111141107166112137137157166155121200159171177161141132130124154121143
220236319132 !126 \230 !170 !172 !144 !170 I
\?A330 |117125140Ki149122137137157155116l.V'138
28. 72817,6827,0903,956
279415264586381619192232300223214246351337
1,692191179183185143154214202171
116 !125110 I139
1869513213215616615511421215716317816313711912610514312179
223240328130122242173171144172169111344117126143145156122133132156155111157146127133
28, 02817,6526,3843,992 S
361233353361574187240320240239262408351
1, 775181178185184144139 i222 :204166
123130118131J»S717179135135158166157111215158171ISO15413211912110214511888
227245336123113250180171148191171105355123130141
P 131143121135135158157115158132125130
27,78317,6766,1163,991 i
247364258346315587172226298231205230369322
1,797179169193178138135 |241 I191 l
140
126137119127f 9914776140140165169164115218 !162 i171 |181 i166 I122 !12513112915712190
23225034412711725?178 |166 !144 i189174121361123127141
P 134154121140139165164116162128131131
27,41117, 4405, 9454,026
275405315437315617191255337250225262446364
2,100197192210200152139280 !
216170 !
117 !119 |115128 !
p 115 i140 i67 i141 I139166169166114222158166181163123
13312816112290
235253351129119256175154142185174112370117120142
P137151122141139166166112158129133131
27, 54317,3866,1064,051
284433
319363622188249330238227255415354
2,042201185210185155148271213165
u s i121 j117128 :
P 1 4 3
13675141139171169171116
157166181157125127131129151124105
237256356130121257175135142194175104382119122141
*• 137147124141138171171113157132131130
27 36217, 4335,9353, 994
280409301406362 i629 '197253 I338 |262 !224 !269 '450354 ;
2,063204 :186 ;211 :179159 i161 i277 I202177
US122115135
P171
16279142140173166174114224159169185158123132129124143
238258359133 i126
130136 |200 i176 !96 I389118122141
P 129162121142140173174112159123129129
267389312 !341294619189247338279 !224259426353 :
2,057201 !177 ;199173160 :162 i292 ;195149
113112114141
P 2 0 3
15891140137177157180111230155160183160128121 I115
103 I124159
236 !258 !358 i128 j118 !264175127139 !199 !177 |106 i399 !114 i114141
v 139159119140136177180112155124117128
27, 409 i 27,02917.460 ' 17,3185,947 j 5,8294,002 | 3,882
306484341943370026192254343295224248436363
2,068205185208185 ;
163167 :292205 ;
154
lie
112152
r 206170
131
16218510122')
14013 112''
23925S
20617311W13220",17i.]•)••»
40111211114.-i
P U3
\\213"133
11114*13113412s
' 27. 123' 17,391T 5, 904r 3, 828
r 272r420 i'306r 496r408 :r 599 :r 176 ir249 ;r340318
r 222f 247'449r 353 !
' 2, 107r 200'173r 200'172r 155r 1712S5 •
r 176'146
11010511315S
v 179154213141139192169195109
145147177150140141137128
131P 164
242261365130119267173114132202177111403110106144
p 140p 182126142139192195114145136135
6, 1253,877
4063114S6333591191258354329229249453361
!, 16020118321418216017427019015(5
r Revised. p P re l imina ry . J D a t a revised as follows: Mine ra l s and fuels, 1940-41; b i t u m i n o u s coal, 1939-41; a n t h r a c i t e , 1941; da i ry p roduc t s , beg inning 1940.* N e w series. A n n u a l indexes for 1941 and 1942 and unad jus ted indexes for all m o n t h s of 1942 for the new series u n d e r indus t r ia l p roduct ion are shown in table 11 on p . 8 of the
October 1943 Survey . D a t a for sh ipmen t s of nonferrous meta l s and their p roduc t s were included in "o the r durable goods ," as shown in t h e Su rvey prior to the M a y 1943 issue; revisedda ta for the la t ter series and indexes for nonferrous meta l s , beginning J a n u a r y 1939, are available on request ; for business inven to r ies beg inn ing 1938, see p . 7 of J u n e 1942 Survey .
f Revised series. T h e indicated unad jus ted indexes and all seasonally adjusted indexes shown above for the indus t r ia l p roduc t ion series have been revised for a recent period.(See note m a r k e d "f" on page S-l.) Seasonal ad ju s tmen t factors for a n u m b e r of indust r ies included in the indust r ia l p roduc t ion series shown in the Survey have been fixed at 100beginning var ious m o n t h s from J a n u a r y 1939 to J u l y 1942; d a t a for these industr ies are shown only in the unadjus ted series as t he " a d j u s t e d " indexes are the same as the unad jus t ed .Indexes for "o the r durab le goods" u n d e r manufac tu re r s ' s h ipmen t s are shown on a revised basis beginning in the M a y 1943 Survey ; see note marked "*" .
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November 1943 SURVEY OF CURRENT BUSINESS S-3
1943Monthly statist ics tlirougli December
1941, together with explanatory notes£in<i references to the sources of the ida ta , may be found in the 1942 Sup- I Sep-plement to the Survey | tcniber
1912 1943
BUSINESS INVENTORIES, ORDERS, !A.ND SHIPMEINTh-Continued
Indovf of inanuf'H tutcis' oideib, shipments,«ifnl lmontoius— Continued.
I im nloiies, tor \l . d\u. month 19.39 MiODinabh 2O( ds ._ . d<> !
Automobiles and equipment _ . dolion and Med and their piod do\onfc nous imt'ih* and piou.* _ doKkctiual machinery. . . doOthei mac hmei \ doTton-poi tat'on equipnu nt "\<ept aui«>- ,
mobiles) _ . a\y. month 1939 - iOOOther dutablt iroodai _ . . do
}s (endurable ST od-. . doChemicals and allied piodiu ts doFood and kindicd prodin ii>_ do .Piper and allud piodiu ts . d<> >Petroleum lefunng . do. . . 'Rubber pioduits .. ._ . ,do . _'.Fextik-mill pioduits do JOihei riondirdbU'u<M»ds - a«">
BUSINESS INDEXFS- Cominucd
2..'9 9\U 3 f
m. :,299 0201 6 |
8:2 8121- 515 L 8 ,K<4. 4 jj Vi 2l U t i111 2171 v '159 5 .101 3
175 4
Io4 1 !156 ,-j '307.1 i207 2
121 u '153 i :lhl.O |1> 0154 0109 f)
L'li, 1
y J i. 212* 'J152 iIV) 5 !
l-.l 2 ,
172 7i;r> i1'lil 1
1 . 7 '•20 r 72 H I137 4152 332 > i21 < U
•)7- "i 01 2 . »»1 5 1 s1 " . 1l !»> 1ii*. r,107 2171 1
177210
1'.'•15!
1,02" 8 ,122 2 j] 19 2
loV 2144 0
1.'.) ?*
171 6
147 2
l r>7 4
L77 8211.32.^ S1 13 21".7 3 <127 0
1.0 } 7lr» 71 IS. 6l""i 4 '
172\\7
17."2o<)
l.M) 13 5: (i
22, '
,0.^1 0117 014") ()l o t 7117 3 |140 71(«» 717" 9142 2
174. 9210. 7247. 3129.0140. 6341.9
175.4 !213.5 i251.2 |130.3 |149. 2 |350.4 i
225.5 j 227.4
1,053. 1116.6143. 6152. 4145. 2139.3106.0181.0 |140.0154.8
1,087.9115. 1 !142.1 !149.1 |146.0 |138.6 !104.3 !185.2 ]
140.2 i149.6 i
175.7213. 5245. 7132. 1148. 2354. 3226. 8
1.088.9113.4142. 6149.0149. 5136.9103. 8188. 0141. 8147.2
174.2 :212.5 i238. 1 I132.5 I150.9358.5 ]
222.7 |
,085.7 :112.4140.8149.0149. 8135.4 ]102.6 I180.1 I139.4 !143.0
August
r 175.0r 211.4<• 235. 5' 134. 8' 153. 8 jr 362. 8 !r 218.9 |
•1,052.0 !r 110. 8 !r 143.1 |•• 151.5 !r 100. 8 j'" 134.9r 102,4
175. 8' 136.5' 142.6
176,. 8213.4230, 7137.2154. 2366. 8219. 8
1,079.4111.2144.8153. 9168. 9135. 3102. 5172.8133. 6142. 2
COMMODITY PRICES
COST O F LIVING
National Industrial Conference Board:Combined index 1923 = 100. -
Clothing .doFood doFuel and light.. doHousing doSundries .. . do
U. S. Department of Labor: %Combined hide x 1935-39 = 100...
Clothing _ . . ..doFood . . _do. . .Fuel, electricity, and ice . doIlousefurnishings doKent . d o . . . .Miscellaneous do
103.189.8
112.092. 690. 8
107. 4
P R I C E S RECEIVED BY F A R M E R S §
U . S . Department of Agriculture:Combined index 1909-14 = 100 -
Chickens and eggs . do....Cotton and cottonseed doDairy products. do....Fruits - -. - do.._-Grains d o . . .Meat animals do_._Truck crops d o . . .M iscellaneous d o . . .
123 9132. 5137107126108117
47300
117125126106123108
521200
111.1
193201171
204158207311205
R E T A I L P R I C E S
U. S. Department of Commerce:All commodities, index* . 1935-39 = 100
U. S. Department of Labor Indexes:Anthracite 1923-25 = 100Bituminous coal doFood, combined index 1935-39 = 100
Cereals and bakery products* _do._...Dairy products* do _Fruits and vegetables* do.....Meats* . . . . . _.. do
Fairchild's index:Combined index .Dec. 31, 1930 = 100
Apparel:Infants' _ d oMen's doWomen's do
Home furnishings . . . doPiece goods do
W H O L E S A L E P R I C E S
V. S. Department of Labor indexes:Combined index (889 series) 1926-= 100
Economic classes:Manufactured products _ _ _doKaw materials doSemimanufactured articles ... do._.-
Farm products d o . . . -Grains doLivestock and poultry . .do
137. 4108. 2133. 6167.0129. 9
113.1
108. 1105. 3113.1115.5112.2
P103.1
*99.9112.492.9
123. 1119. 7130.2
98.188,2101.189.590. 8104.8
98.8 I88.4 I
102.8 |90.5 !90.8 !
104,6 |
117.8 i125.8 I126.6 j106. 2 |123.6 !108.0 !111.4 I
163156151151126115200256173
126.0
88.896. 9
126.1105.3125.8133.1129.5
113.1
108.0105. 2112. 7115.5112.3
99. 2
98.9101.292.7
106.189.8
122, 6
99 Sbs 5
•05 590 b•JO ^
10") 3
119 012" 9
10M 2
10s 0111 S
lOf 490 6W 8
106 2
119 s12" 9HI 110*. 2125 7ION 0ni ~
101.1ss 6
90. 690. s
106.2
120.4i2.".'J132. 710'). 3123.7 'L(K 0112. >
101.588. 6
108. 892.1 I90.8 !
106.4 !
120.7 !126.0 |133.0 I107.3 !123.8108.0113. 2 :
101.988.6
110.092.390. 8
106.5 I
121.0 !126.2 ;133.6 !107.2 :124.1 !108.0 !113.6 I
103. 088.6
112,892.490.8
106. 5
122.8127,6137.4107. 4124. 5108. 0114. 5
104. 088.6
115.492. 590. 8
106, 5
124.1127.9140. 6107.5124.8105. 0114.9
104.288. 5
115.892.690.8
106. 7
125.1127.9143. 0107.6125.1108.0115.3
104. 388.6
115.892. 590.8
107.1
103.188.9
112.492.590. 8
107. 2
102. 889. 3
111.492. 690. 8
107.3
124.8 |127.9 !141.9 !107.7 |125.4 !108.0 i115.7 j
r 123.
M29.139.
r 107.r 125.
Mil)
9I06601
' 123.r 129137.
' 107.r 125.108.
r 116.
4627905
163166156156129119195191172
126. 4
88.897.0126. 6105. 4127,7129. 7130.6
113.1
108. 0105. 2112.7115.5112.2
99. 6
99.2102. 292. 9107. 893. 6122. 1
169173158165134117200226185
127. 7
88.997.0129.6105. 7131.2137. 1131.2
113.1
108. 0105. 3112.6115.5112.2
100. 0
99,4103.092.7109.091.5123. I
161* 17s 182!7^ 183 185160 162 164171 175 177127 151 139117 121 134107 19f, 2052 > 2<*3 2771M 211 217
128. b ; 129.6 : 130.0
88.9 1 88.9 1 93.497. 1 ! 97. 2 ! 97. 9131.1 ! 132.7 1 133.0105.7 ! 105.8 i 105.9131.8 ; 132.3 ! 134.2141.5 ; 14(16 1 144.1131.9 I 133.2 : 134,7
113. 1 | 113. 1 113.1
108.0 | 108. 1 • 108. 1105.3 ! 105.3 | 105.3112,5 1 112.6 ! 112.6115.5 ! 115.5 ! 115.51.12.2 | 112.2 i 112.2
100.3 101.0 101.9
99. 4 ! 99, 6 i 100. 1103. 9 i 106. 1 1 108 292.6 ' 92.5 i 92.8110.5 113.8 ! 117.092. S 100.7 ! 107.3121.3 123.9 . 129.2
178170163179150138214301158
130. 4
93. 598.4133. 6106. 5135.9148. 9136. 1
113.1
108. 1105.3112.6115.5112.2
102.5
100. 3109. 692. 9119.0108.6132.8
182171166180172143218302163
132. 4
93.499. 8137.4107. 0137. 0164. 9137.3
113. 2
108.1105. 3112.7115.5112.2
103.4
100. 5112.093. 0122.8
112. 2135 7
185173167180189146218291176
133. 9
93. 5100.1140. 6107. 5137.1179.5138.0
113.2
108.1105. 3112.7115.5112.2
103. 7
100. 6112.893. 1123.9112.5134.0
187175167179212148214253196
135, 0
93.6101.4143. 0107. 6136.9190.8138. 3
113.0
108. 1105. 3112.6115.5112.2
104.1
100. 7114.093.0125. 7113. 1130. 5
190179166178234151211308194
134. 7
93. 5101.4141.9107.5133. 7187.8138.3
113.0
108. 1105. 3112. 7115.5112.2
103. 8
100. 1114. 392. S126.2113.8128.6
!S3 'K-317>S230154206315190
133.9
93. 3101. 5139. 0107.8133.4180.5130. 9
113.0
108. 1105. 3112.7115.5112.2
103. 2
99.6; 113.6
92. 8125.0116.0127.6
193193167181204155206308220
133.4
93. 3101.7137. 2108. 1133.4169. 8129, 7
113. 1
108. 1105. 3113.0115.5112.2
P 103. I
v 99. 7' 112.7
92 9i 123. 5116.8
: 129.:
r> Preliminary r Revised.§ Data for Oct. 15. 1943: Total, 192: chickens and egiTs, 212: cotton and cottonseed. 171; dairy products. 187; fruits. 197; t ra ins 162; meat animals. 203: truck crops, 264; miscellaneous,
208. •t See note marked " $ " on p. S-3 of the July 1943 Survey in regard to revisions incorporated in the indexes beginning March 1943. Rents, which are subject to control in all cities
covered by monthly reports, vary little in most areas and data are now collected only at quarterly pricing periods* New series. Data for inventories of nonferrous metals and their products were included in "other durable goods" as shown in the Survey prior to the May 1913 issue; revised
figures for the latter scries and data for nonferrous metals, beginning December 1938, are available on request. For data rvginning January 1939 for the department of Commerceindex of retail prices of all commodities and a description of the series, see p. 28 of the Augi^r, 1913 Sun ey. Earlier data for the indexes of retail prices for the food subgroups will beshown in a subsequent issue; the combined index for foods, which is the same as the food index under cost of living above, includes other food groups not shown separately.
t Revised series. Data shown on a revised basis beginning with the May 1943 Survey, See note marked "* . "
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S-4 SURVEY OF CURRENT BUSINESS November 1943
Monthly statistics through December1941, together with explanatory notesand references to the sources of thedata, may he found in the 1942 Sup-plement to the Survey
1942
Sep- Octo- Novera- Decem-tember ber ! ber ber
1943
March April j May i June | July | August
COMMODITY PRICES—Continued
WHOLESALE PRICES—Continued j
IT. S. Department of Labor indexes—Con. jCommodities other than farm products
1926 = 100. _'Foods - do. . . .
Cereal products.. .._..._ doDairy products - doFruits and vegetables.--. doMeats.- _ do
Commodities other than farm productsand foods 1926=100..
Building materials doBrick and t i l e . . . . . do . . . .Cement _. _. . doLura ber doPaint and paint materials do
Chemicals and allied products....doChemicals.._.. . . . . . . do. ...Drugs and Pharmaceuticals doFertilizer materials doOils and fats do
Fuel and lighting materials doElectricity... . . . . . doGas.... - doPetroleum products do
Hides and leather products . . . . .do . . . .Hides and skins. doLeather _. _ doShoes do
Housefurnishing goods doFurnishings.. „ doFurniture.. do
Metals and metal products doIron and steel.... . . doMetals, nonferrous doPlumbing and heating equip-
ment . . _.. 1926= 100..Textile products........ do
Clothing doCotton goods doHosiery and underwear.-, ...doRayon. _. . doWoolen and worsted goods. - do
M iscellaneous . doAutomobile tires and tubes do.. -.Paper and pulp... do
Wholesale prices, actual. (See under respectivecommodities.)
PURCHASING POWER OF THEDOLLAR
As measured by—Wholesale prices 1935-39= 100..Cost of living . . . . . . . do . ._Retail food prices , ..doPrices received by farmers . _do
105.094.4108. 9110.7106.0
P97. 2112.599.093.6142102. 6100. 396 5165. 280. 6102. 081. 0
117.8116.0101.3126, 4102, 6107.198. 1
P103.797.186.0
90.297.5
107.0112.970. 530. 3
112.593.073. 0
.105. 6
78.180.772.754.4
97.5 |100.8 |87.8 |
100.2 j98.0
115.2 |
95.6110.398.794.2
133.0100.196.296. 3
129 073.3
101.679.062. 280.460. 7
118.2118.8101.3126. 4102. 7107.997.4103.897.285.6
94.197.3
107.2112.969,730. 3
111.788.973. 098.9
81.1 i85.1 l
79.264.4 :
97.7 i102.4 !89.1 !
105.5 ;97.5 j
116.0 |
95.5 ;110.4 !98.7 |94.2 I
133.2 j100.4 j96.296. 3
128.978 2
101.579.062.681.1 |60.6
118.1 !118.0 I101.3126.4 !102 5 1107.4 |97.4 !
103.8 ;
97. 2 i86,0 ;
94. 1 i97. 1 j
107.0 !112.7 )69.7 S30.3 j
111.7 i88.8 |73.0 !98.8 !
80.8 :84.878.964.4
97.9103. 489.3
109.298.2
115.5
95.5110.498.794.2
133. 3101.096. 296. 2
128. 8 I78.3 |
101.5 i79.0 |61.9 |79.2 !60.6 |
117.8 I116.0 !101.3126. 4102.5107.397. 4
103. 897. 286.0
94. 197.1
107. 0112.470.530. 3
111.788.673. 098.8
80.4 I84.0 !77. 162.2
97.9 i103.5 i89.5 |
111.2 I102.0 !
98. 1 !104.3 j89.3 |
i n . 8 i104.3
95.1109894.133100.9996.
81621752
95.9110.098.794.2133. 3100. 399.596.1
98. 5105.290.6
113. 4102. 6115. 5
98.7105. 892.2
113.3108. 5115.5
165.4 j78.6
101. 579.1 !62. 378.460. 7
117.8116.0101.3126 4 |102.5 I107.3 i97.4 i
103.8 j97.2 !86.0 •
93.2 |97.1 j
107.0 !112.4 I70. 5 j30.3
111.790. 1 |73.0 |98.8 !
80.283.5 i76.2 i62.2
165.4 |79.0 i
101.5 I79.2 I62.0 !76.1 |60. 7 I
117.116.0 |101.3 |126.4 !102.5 j107.3 |97.4 !
103.8 !97. 2 !86.0 |
90.4 ]97.2 I
107.0 j112.4 i70.5 !30.3 i
112.1 |90.5 j73.0 I99.0 ;
79. 683.175.359.1
96.0109. 898.794.2133.3100. 6100. 296.9165.479.0101. 579.362.673.260. 8117.8116.0101.3126.4102.5107.397,4103. 897.286.0
90.497. 3
96.2110.298.694.2134. 6101. 2100. 396.9165. 579,0101. 579.863.075.861.2117.8116.0101.3126,4102.6107. 397.7103. 897.286.0
90.497.3
107,0 !112.5 !70.5 j30.3 |
112.4 |90.773.0 i
ioo. i !
78.982.975.157. 7
107. 0112.670.530.3
112.490.973. 0
101.1
78.5 i82.6 !
74.8 [
59. 1
99.0107.493.5
113.2115.6115, 5
96.5110.498.794.2 |
134.6 !102,2 i100.096. 4
165.079.0
101.580. 360.275.661. 5
117.8116.0101.3126.4102. 6107. 397.7
103.897.286.0
90.497.3
107.0112.670.530. 3.
112.491.473.0
102. 7
99.1 j108.4 |93.7 |
113.2 [123.2 j115.8 j
96.6 !110.398.794.2
134. 7102.5100.196.4
165.180.0
101. 580.660.676.462.0
117.8116.0101.3126. 4102. 6107. 397.7
103. 897.286.0
90.497.4
107.0112.670.5
99.2110.593.6
113.1137. 7115.9
96.7110.598.993.9
135. 6102.2100.296.4
165.180.0
102. 080.859.577. 562.5
117.8116.0101.3126.4102.7107.398.0
103. 897.286.0
90.497.4
107.0112. 670.5
98.7 i109.6 !93.6 |
109,5 i143.6111.6
96.8110.699.093.6
136. 3102.0100.096.4
165. 278.6
102. 081.058.879.162. 6
117.8116.0101.3 I126.4 j102.8 I107.3 j98. 1 i
103.8 j97.386.0 j
30112.9173102.
35609
30.112.91.73.104,
35903
90.497.4
107.0 |112.6 !70.5 |30.3 !
112.5 I91.873.0
104. 3
I
81.4 i72.7 j57.7 '
77.5 I80.671.056. 9
77.379.969.8 |50.2
80. 170.455.3
98. 3107.293.8
108.9138. 0105.9
96.9110.799.093.6
137.1102.0100.196.4
165. 279.3
102. 081.059.077.6 !62.8 ;
117,8 i116.0101. 3126, 4102. 6107.198.1
103.797.186.0
90.4 !97.4
107. 0112.670. 530.3
112.592.373.0
104.3
77.9'80 .7 ;
71.8 .55.9
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY* jI
New construct ion, total . . . . . . .mil. of dol . . ' P 564Private, total do . . . . I p 149
Residential (nonfarm) do P 83Nonresidential building, except farm and \
public utility, total rail, of dol. - P 17Industrial... - .do ; P 9All other ..do . ..| ?8
Farm construction, total _do I p 11Residential... . . . do | p 5Nonresideutial do '• ?6
Public utility _. . do j v 38Public construction, total _do ; P 415
Residential . . .do ' p 54Military and naval. .... . . . . .do \ ? 196Nonresidential building, total.. . .do ] p 113
Iudustrial- - .do p 108All other .do ; p 5
Highway do ; P 40Sewage disposal and water supply -. do_ _ _ _; P 5All other Federal do j "5Miscellaneous public-service enterprises j
mil. of doL.i *2
CONTRACT AWARDS, PERMITS, ANDDWELLING UNITS PROVIDED
Value of contracts awarded (F, R. indexes): :
Total, unadjusted. ... .. 1923-25 = KM) ; P 60Residential, unadjusted do v 33
Total, adjusted . .do . . . . . P 60Residential, adjusted _. do ; P 33
1. 48622198
4 1 •30 :11 I22 '13 I9
'101, 265
56liM417108
\)
1025
19464
182
1.41521595
413110 '19 !12;
001. 200
71b20-103395
1.274200
92
37 i
"8 !15 |
!6 i
56 i1,074 i
66 !523 !389 j382 |62 !
1.123 l
168 j80
3123
81064
47955 i
til497330324
647 i
88912865
22166
336
76163
3o8286282
430
• 83211654
IS12
40' 716
59333
• 285-•282
324
76410645
10 i
§ 13 |
40 !658 !
59 !302 ;257 !
255 i2 |
23i ;
11
-•75811144
138
45
45' 6 4 7
284' 246'244
244
12
' 735 !12152
10 ;
V14 j68
45'614
74276
' 220r 217
- 728136 !64 i
1 j0 1
18 !7 \
42 :
'592 !79 ;
264 ;'201 I' 1 9 8 ;
3 i35 I
r 703 I148 I73 |
i5 i
19 I
43 ir 555 i
76 i254
' 170r 166 I
4 i406 :
r 679150
10 !
40 !
444
1S170
17970
1748019890
l.ii
17.1
91
885410256
8444So42;
71396333
* 98. 5105.893,8
108. 9125. 6lOo. 0
112.299.093.6
142,0102.8100.296.5
165. 280. 1
102. 080, 9
63.0117.8116.0101.3126. 4102. 6107.198. 1
*103. 797. 180. 0
90. 497.4
107. 0112.770.530.3
112.592.673. 0
104.3
78.181.272.854.4
' 0 2 5' 153
r 82
39
T 60' 2 1 8' 135•- 131
' 4
53 :36 i4532
07 ;
36 i6036
'63'35'59' 35
v Preliminary. r Revised.* New series. The series on new construction are estimates by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, with the exception of the series
on residential (nonfarm) construction, which is from the U. S. Department of Labor, and the data for military and naval and public industrial construction since January 1941, whichare from the War Production Board. For annual data beginning 1929, see p. 32, table 11, of the June 1943 Survey, and for quarterly estimates for 1939 to 1942, see p. 10, table 7, of theMay 1943 issue. Additional data relating to the derivation of the estimates are shown on pp. 24-26 of the May 1942 issue.
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November 1943 SURVEY OF CURRENT BUSINESS S-5
Monthly statist ics through December1941, together with explanatory notesand references to the sources of theda ta , may be found in t he 1942 Sup-plement to the Survey
1943
Sep-tember
1942
August Sep-tember
Octo-ber
Novem-ber
Decem-ber
1943
Janu-ary
Febru-ary March April May June July August
CONSTRUCTION AND REAL ESTATE—Continued
CONTRACT AWARDS, PERMITS, ANDDWELLING UNITS PROVIDED-Con.
Contract awards, 37 States (F. W. DodgeCorporation):
Total projects number..Total valuation thous. of dol__
Public ownership doPrivate ownership ..doNonresidential buildings:
Projects number..Floor area thous. of sq. ft_.Valuation thous. of dol..
Residential buildings: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
i ( b dValuaton
Indexes of building construction (based onbldg. permits, U. S. Dept. of Labor):f
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 innonfarm areas (U. S. Dept. of Labor):
Total nonfarm (quarterly)* number..Urban, total do
1-family dwellings do2-family dwellings doMultifamily dwellings do
Engineering construction:Contract awards (E. N. R.)§-thous. of dol..
HIGHWAY CONSTRUCTION
Concrete pavement contract awards:JTotal thous. of sq. yd . .
Airports doBoads doStreets and alleys do
CONSTRUCTION COST INDEXES
Aberthaw (industrial building) 1914=100American Appraisal Co.:
Average, 30 cities 1913 = 100Atlanta doNew York doSan Francisco doSt. Louis do
Associated General Contractors (all types)1913 = 100..
E. H. Boeckh and Associates, Inc.:Apartments, hotels, and office buildings:
Brick and concrete:Atlanta.. U. S. av., 1926-29=100..New York . . . doSan Francisco doSt. Louis do
Commercial and factory buildings:Brick and concrete:
Atlanta do.New York do.San Francisco do.St. Louis do.
Brick and steel:Atlanta do.New York do.San Francisco do-St. Louis do.
Residences:Brick:
Atlanta do.New York do.San Francisco do.St. Louis do.
Frame:Atlanta do.New York do.San Francisco do.St. Louis do
Engineering News Record (all typos)1913=100..
12, 588175,115119,55555,560
2.87711,43770,889
8,18911,40954,080
1,21428, 485
30821, 651
79.8
51.961.031.185.3
75,20013,8369,6151,5352,686
264,285
6,8504,2Q61,3851,169
227
254261257233248
217.0
108.5139. 9135.3131.7
107.9141.9139.4133. 4
108.3138. 2137.6130.4
111.3142.8134.2129.7
112.6145.3131.3128.2
294.3
30,055721,028633,18387,845
10,95290,774407, 324
17,11026,177100,551
1,384111, 960
101,193
97.9
83.672.595.079.2
16, 97612,162
7934,021
813,077
13.94710.0912,6531,202
245248250229241
213.3
106.1138.2130.0129.6
106. 0139.6132.3132.6
106.5137.4133.1129.4
104.1139.7125.8126.9
103.6141.4122.0124.8
281.6
30, 558723,216660,95362, 263
10,40597,962466,860
18,55629, 759126,708
1,11165, 811
63,837
129.6
99.2108.4102.670.0
' 94,600' 22. 479<• 11,838' 1,139' 9, 502
712,709
20,09016,9351, 5181,637
225
246249251229242
213.3
106.1138.2130.0129.6
106.0139.6132.3132.6
100.5137.4133. 1129.4
104.1139.7125. 8126.9
103.6141.4122.0124.8
282.4
35, 934780. 396709,87970, 517
9,94577,245
372, 991
22, 21837, 444161,206
3,035154, 795
73691,404
21, 77216, 4481,1334,191
691,979
12,4537,6002,8062,047
246249251229242
213.5
106.1138.5131.3129.6
106.0140.0134. 6132.6
106. 5137.5134.5129.4
104.1139.9126.8126.9
103.6141.5122.5124.8
283.6
35,872654,184591,94062, 244
12, 28152, 615
256, 513
21,82637, 707156, 654
1,08094,157
146, 860
14, 52210, 671
9262,925
607,622
7,0774,802927
1,348
247250251229242
213.5
107.0139.8132.0130.6
106.7141.0134.4133.4
107.2138. 5135. 3130.2
105.3140. 9127.6126.7
105.0142.5123.3125. 6
283.7
38, 797708, 716663,81744,899
15,09367, 327278,091
21, 30238,112159,652
1.386142,157
1,016128,816
89, 20013,1579,7611,0582,338
373,622
9,3286,0931,9681,267
225
248250251230242
213.5
107.2139.8132.0130.6
106. 9141.0134.4133.4
107.6138.5135. 3130.2
106.7140.9127.6126.7
106.8142. 5123.3125.6
283.5
25,338350,661315, 57535,086
6,84227, 913154,064
17,42824,920110,813
. 68238, 254
47, 530
126.2
76.476.0
21,87713, 894
8987,085
226, 826
6,2375,065541631
249253251230242
213.7
107.3140.0132.3130.7
107.0141.2135.6133.5
107.8138.9135.7130.4
107.4142.3129.6127.4
107.7144.3125.6126.5
283.5
18, 503393, 517363,85229, 665
5,09037,810187, 242
12,15522,18893, 294
76152,856
49760,125
130.3
66.379.463.344.7
22,60319,844
5882,171
306, 242
6,8725,644649579
249253251230242
214.1
107.3140.0132.3130.7
107.0141.2135.6133.5
107.8138.9135.7130.4
107.4142.3129.6127.4
107.7144.3125.6126.5
285.2
16,117339,698304,03235, 666
3.63528, 310144,935
10, 29516,99071,786
1,63562,037
55260,940
102.0
60.173.352.450.2
118,40017,68414,1751,0662,443
305,973
7,3245,548927850
227
249254251232242
214.1
107.3140.0132.3130.7
107.0141.2135.6133.5
107.8138. 9135.7130.4
107.4142.3129.6127.4
107.7144.3125.6126. 5
288.8
15, 435303,371253,33450,037
18,83596,214
10, 44018,76779,434
78741,882
85,841
88.7
54.462.446.157.9
15,37411,9241,3692,081
379,068
3,8482,240768840
250254251232242
215.0
107.3140.0132.3130.7
107.0141.2135. 6133.5
107.9133. 9135.7130.4
107.7142.3129.6127.4
108.0144.3125.6126.5
289.9
14,024234,426192,00042, 426
3,45515,12675,301
9,19715, 20763, 291
1,01047, 704
36248,130
119.3
56.078.835.358.4
20,68416,6641,6462,374
273, 650
7,8425,7111,346785
250254252232243
216.0
107.3138.1132. 3131.2
107.0139.5135.6133.0
107.9136.9135. 7129.7
107.7139.4129.6127.2
108.0141.1125.6124.9
289.9
3,05617, 28394,834
10, 42414,06061, 508
97835,720
37, 537
82.1
61.962.756.871.2
' 82,10014, 23010, 2481,6862,296
274,493
9,0107,2421,104. 665
227
250256252233243
216.0
107.3138. 3132.5131.2
107.0139.7135.8133.0
107.9137.3136.1129. 7
107.7140.8131.0127.2
108.0142.9127.4124.9
289.9
13,779183,661122, 25061,411
2,10910,78861,840
10, 50616,65171,836
92028,400
24421, 585
85.3
57.967.043.474.7
217.2
108.2138.6132.5131.4
107.7139.8135.8133.1
107.8137.6136.1130.0
109.5142.2131.0128.3
110.3144.7127.4126.4
291.4
15,758413, 791351, 361r 62,430
3,20326, 321272,888
10,98816,79467,493
1,18532,755
38240,655
101.9
59.578.136.278.2
217.0
10S.5138.6133.2131.7
107.9139.8136.1133.4
108.3137.6136.7130.4
112.6144.7130.4128.2
294.1r Revised. § Datn for October and December 1942 and for April, July, and September 1943 are for 5 weeks; other months, 4 weeks.t Data published currently and in, earlier issues of the Survey cover 4- and 5-week periods, except for January and December; beginning 1939 weekly data are combined on the
basis of weeks ended on Saturday within the months unless a week ends on the 1st and 2d of the month when it is included in figures for the preceding month (March and April1943 are exceptions, as the week ended Apr. 3 is included in figures for March); December figures include awards through Dec. 31 and January figures begin Jan. 1.
* New series. The quarterly estimates of total nonfarm dwelling units include data for urban dwelling units shown above by months and data for rural nonfarm dwelling unitswhich are compiled only quarterly; for 1940 and 1941 data, see p. S-4 of the November 1942 Survey (revised figures for first half of 1942—1st quarter, 137,300; 2d quarter, 166,600); annualestimates for 1920-39 are available on request.
f Revised series. Data have been revised beginning January 1940 and further revisions of the indexes for 1942 are in progress. Revisions for the latter year are at present availableonly for January-September; January to July 1942 data are available on p. S-5 of the May-September 1943 Surveys.
554753—43 4
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S-6 SURVEY OF CURRENT BUSINESS November 1943
Monthly statistics through December1941, together with explanatory notesand references to the cources of thedata, may be found in the 1942 Sup-plement to the Survey
1943
Sep-tember
1942
August Sep-tember
Octo-ber
Novem-ber
Decem-ber
1943
Janu-ary
Febru-ary March April May June July August
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES—Con.
Federal Home Loan Bank Administration:Standard 6-room frame house:
Combined index 1935-39=100..Materials doLabor _• do
R E A L E S T A T E
Fed. Hous. Admn. home mortgage insurance:Gross mortgages accepted for insurance
thous. of dol._Premium-paying mortgages (cumulative)
mil. of dol__Estimated total nonfarm mortgages recorded
($20,000 and under)* thous. of dol._Estimated new mortgage loans by all savings
and loan associations, total--thous. of dol...Classified according to purpose:
Mortgage loans on homes:Construction doHome purchase.. _. _.-doRefinancing doRepairs and reconditioning do
Loans for all other purposes doLoans outstanding of agencies under the Fed-
eral Home Loan Bank Administration:Federal Savings and Loan Assns., estimated
mortgages outstandingJ_._mil. of dol . .Fed. Home Loan Bks., outstanding ad-
vances to member institutions, .mil. of doL.Home Owners' Loan Corporation, balance of
loans outstanding mil of do l . .Foreclosures, nonfarm:t
Index, adjusted 1935-39=100Fire losses thous. of doL.
127.6" 124.4
133.8
70, 282
5,118
380,809
122, 973
13,21186,01613, 7993,2296,718
1,896
130
1,383
15.626,488
124.0121.2129.4
109, 660
4,232
336,850
92, 563
12, 56855, 30114,0194,1266,549
1,856
160
1,640
24.319, 680
124.4121. 5130. 2
100,456
4,311
345,961
94,055
12,44958, 06014,0633,8045,679
1,861
145
1', 622
25.220,443
124. 5121.6130.2
99, 833
4,394
357,083
91,672
10, 57256, 52814,6943,4986,380
1,863
131
1,603
24.422, 621
124.4121. 5130.2
73, 768
4,473
278, 321
73,979
9,27543, 98412,4723,0075,241
1, 863
122
1,587
23.424,144
124. 5121. 4130.7
54,086
4,555
265,406
70, 628
8,47241,44012, 768-2.1995,749
1,854
129
1,567
21.936; 469
124.7121.5130. 9
45, 562
4,627
228, 283
57,856
7,17332,82011,4081,6674,788
1,844
113
1,548
21.027, 733
125. 5121.9132.5
53, 725
4,684
219,882
63, 324
4,59439,08412, 5101,9535,183
1,839
98
1,529
18.833,175
125. 7122.0133. 0
70,941
4,747
269,419
87,185
8,57255, 23514,8742,3776,127
1,839
79
1, 504
17.639, 214
125.7121.8133.4
74, 226
4,799
308, 957
98,735
9, 85365,08815,0402,4846,270
1,847
87
1,482
18.334,241
126.2122.2134.3
60,702
4,856
327,092
100,490
9,03967,82614,8432,6066,176
1,850
79
1,460
16.929, 297
126.8123.0134.3
67,820
4,917
349,046
108.. 876
8,94674,88515,9132,7076,425
1,866
90
1,441
16.126,854
127.3123.7134.3
73, 563
4,982
351,516
111,355
9,20977, 55514,9252,807
> 6,859
1,871
92
1,419
15.925,016
127.1123. 4134.2
68, 029
5,051
355,432
117, 389
10,61682,89414,6002,8096,470
1,881
81
1,400
14.929,193
DOMESTIC TRADE
ADVERTISING
• Advertisinsr indexes, adjusted:Printers' Ink, combined index. 1928-32=100..
Farm papers doMagazines doNewspapers doOutdoor do
Tide, combined index* 1935-39=100..Magazines* do....Newspapers* do
Radio advertising:Cost of facilities, total thous. of doL
Automobiles and accessories doClothing do.._Electrical household equipment doFinancial doFoods, food beverages, confections.. do. __Gasoline and oil do . . .House furnishings, etc do . . .Soap, cleansers, etc doSmoking materials do . . .Toilet goods, medical supplies__..__do.__All other do.__
Magazine advertising:Cost, total do . . .
Automobiles and .accessories do . . .Clothing do . . .Electric household equipment do. _ _Financial do . . .Foods, food beverages, confections,.do._.Gasoline and oil do . . .House furnishings, etc do._.Soap, cleansers, etc do . . .Office furnishings and supplies do.__Smoking materials do.__Toilet goods, medical supplies d o . . .All other 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..
108.7102.0110.796.393.9
154.9190.0117.0
13,1276951357980
3,71053763
1,0121,4543,7621,599
20,9911,5881,923496401
2,749425838338363922
3,4127, 5353,185
126, 78530,92395,8622,6201,58323,80067,858
88.263.284.281.372.5122.6134.9101.2
8,186448455753
2,05134251928
1,2522,337623
12,415765724126280
1,785405266378193671
2,2684,5542,072
94, 96321,93173,0322,1461,02213,19556, 669
83.2
87.669.481.579.486.9122.5140.096.5
8,878429704749
2, 33634643929
1,3472,659622
15,394754
1,208232425
2,307422624350275741
2,4635,5932,344
104, 50622,65881,8472,4811,099
15, 57262,695
81.0
84.269.882.079.965.6113. 3127.995.8
10, 332339945349
3,02748056
8531, 4853,081815
18,1891,1431,381443441
2,947415882445298831
2.8656,0992,528
117, 44224, 07193,3712,4041,23319,78169,953
82.1
88.473.991.782,155. 6
117.1134.4100.1
10, 7163621156757
3,02753254
7991,4973,1361,069
19,450979
1,144522466
3,377367757479322983
3,0756,9792,650
119,06322,99696,0672,7871,470
21, 77570,035
82.5
96.882.7101.387.677.5118.6146.107.1
11.2843611255460
3,180r>0949904
1,6063,2751,061
16, 940607870401336
2,608187735270328781
2,6827,1342,033
120, 33221, 75698,5752, 5811,46719.14775,381
83.6
84.764.879.877.377.1123.1159.61C3.0
11,169347616776
2,91964660
8101,6043,4101,169
12, 631651381199340
2,083146312319166743
2,166' 5,1262,179
94, 48822, 28572,2041,5131,887
14, 67454,130
83.4 I
64.983.181.977.0120.0144.9103.4
10, 345348605762
2,78557248
8361,4753,0781,024
15, 800721725382350
2,772273
-•341569207733
2,940' 5, 7862,432
95, 60722, 235' 73, 372
1,4231,23217,83652,881
87.060.578.780.885.0112.4125.197.3
11, 949479975572
3,12863848
1,0401, 6553,4911,246
17, 459956
1,186351392
2,722336
'594661238866
3,122' 6,0342, 608
113,19026, 92586, 2652,5001,595
20, 26261,908
83. 3 I 83. 7
92.175.582.987.469.9123.1126.6108.5
11,971513927782
3,28863950
1,0221,6073,3191,284
' 18,6731,0331,258'450
3372,906
437'804
592293796
3,242' 6, 524
2,671
125, 28229,18396,0992,8641,817
20,80170,617
83.7
77.488.982.369.2
123.2131.199.7
12, 3465961019696
3,27750462
9771,6033,5021,531
21,3511,4521,142'567
4573,140
492'930
666353918
3,650' 7, 585
2,788
120,98531, 22089,765
3,2201,247
21,17964,120
83.5
96.488.1
107. 786.658.7
135.6145.8106. 4
12, 550682997964
3,36051250
1,0281,6383,6231,416
18,4591,282
934'514
4072,772
412'745
476267804
3,2906, 5572,360
114,01629,30884, 709
3,0791,323
21,09959,208
85.0
104.795.0
129.491.165.0
152.2184.8116.0
• 12, 333692708560
' 3,40951467
9411,5093, 5521,433
17, 2231,565
429'414
3712,692
407'348
241139794
3,0346,7892,553
103,10928,64174,4682,6581,665
17, 22452,921
86.1
109.2110.7125. 296.964.5
162.0212.2120.6
12,929
9384
' 3,58254966
9591,4543,6781,579
' 18, 530' 1,653
1,037'437
3142,620
443'451
271279
'9143,069
' 7,0432,965
113, 21531, 38881,827
2,6641,252
17, 73360,178
85.6
''Revised. $Minor revisions in the data beginning January 1939; revisions not shown in the August 1942 Survey are available on request.§ See note marked " § " on p. S-6 of the April 1943 Survey with regard to enlargement of the reporting sample in August 1942.*New series. The series on nonfarm mortgages recorded is compiled by the Federal Home Loan Bank Administration; for information regarding the basis of the estimates and
data for January 1939 to September 1942 see note marked "*" on p. S-5 of the November 1942 Survey. The new indexes of advertising are compiled by J. K. Lasser & Co. for "Tide"magazine; the combined index includes radio (network only prior to July 1941 and network and national spot advertising beginning with that month), farm papers, and outdoor adver-tising, for which separate indexes are computed by the compiling agency, in addition to magazine and newspaper advertising shown above; the component series, with the exception ofnewspaper advertising, are based on advertising costs; the newspaper index is based on linage; data beginning 1936 will be published in a subsequent issue.
f The index of nonfarm foreclosures has been revised for 1940 and 1941. Revisions are shown on p. S-6 of the May 1943 Survey.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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November 1943 SUKVEY OF CURRENT BUSINESS S-7
Monthly statistics through December1941, together with explanatory notesand. references to the sources of thedata, may be found in the 1942 Sup-plement to the Survey
1943
Sep-tember
1942
August Sep-tember
Octo-ber
N ovem-ber
Decem-ber
1943
Janu-ary
Febru-ary March April May June July August
DOMESTIC TRADE—Continued
POSTAL BUSINESS
Air mail, pound-mile performance ..millionsMoney orders:
Domestic, issued (50 cities):Number thousands. _Value thous. of dol
Domestic, paid (50 cities):Number thousandsValue thous. of dol
CONSUMER EXPENDITURES
Estimated expenditures for goods and services:*Total mil. of dol.
Goods do.__Services (including gifts) do . _ _
Indexes:Unadjusted, total 1935-39=100.
Goods do _ _ _Services (including gifts) do _ _ _
Adjusted, total d o . . .Goods do___Services (including gifts) d o . ~
RETAIL TRADE
All retail stores, estimated sales, totaltmil. of dol_-
Durable goods storesf do.Automotive group t do _
Motor vehicles* do.Parts and accessories* do.
Building materials and hard ware t--doB uilding materials * doFarm implements* doHardware* do
Homefurnishings groupt -doFurniture and housefurnishings* _doHousehold appliance and radio*.-do
Jewelry stores* do -Nondurable goods storesf do.
Apparel groupf doMen's clothing and furnishings*, .doWomen's apparel and accessories*_doFamily and other apparel* doShoes* do
Drug stores! doEating and drinking placest doFood group t do
Grocery and combination* doOther food* do
Filling stations! doGeneral merchandise groupf do
Department, incl. mail order* doGeneral, including general merchandise,
with food* mil. of doL_Other general merchandise and dry
goods* mil. of dol__Variety* do
Other retail storesf doFeed and farm supply* doFuel and ice* doLiquors* doOther* do-._.
All retail stores, indexes of sales:fUnadjusted, combined index. .1935-39=100..
Durable goods stores doNondurable goods stores do
Adjusted, combined index doIndex eliminating price changes*._do
Durable goods stores doAutomotive doBuilding materials and hardware-doHome furnishings doJewelry do
Nondurable goods stores do__._Apparel doDrug doEating and drinking places doFood doFilling stations doGeneral merchandise doOther retail stores do
Chain-store sales, indexes:Chain-store Age, combined index (20 chains)
average same month 1929-31 = 100Apparel chains do
Drug chain-store sales:Unadjusted 1935-39=100-Adjusted do
Grocery chain-store sales:Unadjusted doAdjusted do
6,385116,970
15,118206,060
'5,240
'171.9
'164.T
5,35277322015367
2911803477
1901543674
4,5795441162577892
227724
1, 4171,074
343222827518
106
93110618175146107190
169.999.8
192.8162.1122.296.952.2
129.0143.8348.1183.4198.9189.8272.0179.0102.7155.2210.5
179.0244.0
146. 8v 152. 9
155.9159.1
3,661
5, 49568,098
14, 582142,851
6,7534,4422,312
136. 4140.3129.5143.1149.4131.6
4,78281123317855
309200
3277
213162
5155
3,971374
78169
5374
197570
1,3891,069
320262686405
98
7510849311710894
175
144.6100.6159.0150.3121.3102.152.6
147.5162.4256. 3166.0177.8160.5203.4170.6113.9148. 8180.8
182.0212.0
"135. 2142. 3
167.3174.3
3,870
5,95278,701
16, 308174, 772
7,0284,6982,330
145.2153.1131.3141.7147.4131.6
4,966817212158
55328206
4082
220163
5758
4,149465100210
6293
194563
1,3671, 042
325258778486
100
8310952412212198
182
157.8105.5174.8150.9121.4101.650.4
145.6166.4273.0167.0171.0161.7211.5174.1119.7146.4178.6
183.0220.0
132.7138.2
168.9172.4
4,335
6,02278,748
17,386180, 535
7, 5205,1792,340
148.9159.1131.1145.0153.0130.9
5,430864208150
58349215
4788
239182
5768
4,566537123235
76103207596
1,4861,146
340254906572
110
' 100124580137112130201
160.2103.9178.5154. 3122.7100.148.7
143.6167.1267.8171.9170.0171.5227.3180.3116.4148. 3185.1
181.0218.0
149.3147.1
170.9170.0
4,338
7,74875, 475
15, 649162,162
7,1954,8202,375
151.7161.8133.9148.2156. 2134.2
4,966749184130
532801762777
210160
5075
4,216486119213
7380
198553
1,3411,040
301259867558
100
9011951312210499
188
161.5100.0181.5158.2124.798.345.7
139.5170. 2277.4177.7184.1175.1230. 3183.8127.5157.7182.8
187.0228.0
141.6141.0
169.5169.5
5,039
8,20190, 554
18,376196,067
8,3525,9762,376
168.1188.1132.9142.6148. 5132.2
6,138889180117
63259142
2889
269204
65181
5,249722200298112112278583
1,5141,161
353187
1, 266800
122
134211699131143154271
187.9110.5213.1153. 9120.291.942.5
129. 5159.6270.0174.1185. 8184.3226.3186.193.3
146. 8189.2
175. 0216.0
210.3154.6
167.0162.1
4,658
7,63286, 624
16,681176, 866
' 6, 816r 4, 406
2,411
r 138. 2' 140. 1
135.0' 150.1' 159. 6
133.4
4,45258316711948
202122
2456
163121
4351
3,86941498
1875772
200547
1, 3671,056
311182633384
88
6993
526121151101152
137.374.6
157. 8159.2124.293.745.1
128.6161.3263.5180.6207.2176.1240.6183.6102.2158.9193.8
177.0243.0
140.2146.3
158.0162.8
4,927
5,98392, 987
15,209171, 967
' 6, 796' 4, 404
2,392
' 146. 7' 152. 3
136.9' 158.1"171.4
134.7
4,45958215811246
199116
2855
170128
4254
3,877496111246
6871
193519
1,2871,000
287162694432
90
7498
526142128100156
149.178.6
172.1170. 4132.495.946.0
134.5158.1302.4194. 7278.2179.2244.7185.098.3
182. 8200.7
194.0295.0
136.0145. 5
166. 4165.6
5,398
9,527178,211
21, 350338,616
' 7, 250r 4, 826
2,424
' 145. 9' 151. 7
135.7r 152. 5r 161.9
136.1
5,002718214163
512501433671
196152
4358
4, 284472109220
6678
208599
1,4431,101
342191752464
102
80106619183148115174
151. 386.7
172. 3161. 2122. 995.148.7
129.8152.1301. 9182. 7200.7178.6242.8189.497.3
157.6204.3
180.0239.0
148.4149.1
165.5163.9
5,729
7,281101, 268
18, 269243, 825
' 7, 438r 5, 010
2,427r 152. 5'161.4
136.9'151.3' 160. 0
136.1
5,212792230174
562821614081
216169
4664
4,421572130258
79105214626
1, 3561,030
327204820507
104
90119630194135114187
102.199.0
182.7159.2120.097.450.5
132.2152. 6319.6179.4197.7185.4251.7175.798.5
154. 3210.6
175.0228.0
151.7156.9
153.3148.8.
6, 92399,878
15,011174,880
' 7, 441' 5,0] 4
2,427
'150.6' 158. 9
135.9' 149. 8'157.0
137.1
5,18480523117061
2831613982
218176
4273
4,380479115211
6984
225670
1,4181, 074
344217769463
105
88112602174125110194
159.4102.9177.8155.3115.993.048.1
128.8142.9301.8175.6179.9186.0256.4176.297.9
143.8208.6
171.0208.0
155.0160.3
154.9152. 6
7,770158, 381
17,636262, 532
' 7, 590' 5,140
2,451
' 156.1' 166. 3
138.2r 155. 2' 164. 6
138.7
5, 31981023116665
2951713985
209167
4175
4,509540136210
74120223682
1,4361,090
346221792479
108
92113615179135106196
166.2101.4187.3163. 0122.193.847.4
131.4147. 8293.3185.6215.0189.4265.2182.099.3
154.1216.5
178.0208.0
156.4165.5
157.1154.8
6,006106,623
16,612237, 398
' 7,457' 4, 996
2,461
' 148. 5r 154. 6
137.8'155.0' 163. 9' 139.3
5,139779230164
672851683880
1951563969
4,360391
90179
5865
231716
1,4941,143
351226700398
107
83111603177130109186
154.096.6
172.7162.5122.697.848.8
131.6158.6335.2183.6196.0187.6271.3178.196.1
158. 0218.3
181.0224.0
157.2165.0
152.9156.0
5,47886, 570
13,867170, 463
' 7, 394' 4, 952
2, 442
150.4158.2136.8155.5164.8139.1
5,037777226160
662871773277
194157
3771
4,31042285
2126164
229724
1,3761,046
330224728435
103
82108607177143101185
157.396.6
177.1163.7124.998.550.7
137.1147.7338.5184.9207.3188.6258.2175.499.2
163.8224. 5
184.0238.0
T 151.9r 159. 9
146.6152. 7
r Revised.3 Preliminary.
* New series. The dollar figures for consumer expenditures have been shown on a revised basis beginning in the March 1943 Survey and the indexes beginning in the July 1943issue. Dollar figures for years prior to 1942 are available as follows: 1939-41, p. 7, of the April 1943 Survey; annual figures for years prior to 1939 for the total only, p. 12, table 3, of theMay 1942 issue. All revisions will be published later. A detailed description of the series, as originally compiled, appears on pp. 8-14 of the October 1942 Survey and a subsequentchange in the concepts is outlined in the descriptive notes for table 10, lines 16 to 19, included on p. 24 of the March 1943 issue. Data for 1929, 1933, and 1935-42 for the new seriesunder sales of retail stores are shown on pp. 11-12, table 5, and pp. 6-14, 19-20 of this issue.
t Revised series. Sales of retail stores have been completely revised; for figures for 1929, 1933, and 1935-42 and a description of the data, see pp. 6-14,19 and 20 of this issue.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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S-8 SURVEY OF CURRENT BUSINESS November 1943
Monthly statistics through December1941, together with explanatory notesand references to the sources of thedata, may be found in the 1942 Sup-plement to the Survey
1943
Sep-tember
1942
August Sep-tember
Octo-ber
Novem-ber
Decem-ber
1943
Janu-ary
Febru-ary March April May June July August
DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
Chain-store sales, indexes—Continued.Variety-store sales, combined sales, 7 chains:
Unadjusted... 1935-39= 100..Adiusted 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. Wool worth Co.:Sales. .thous. of doL.Stores operated _ number..
Other chains:W. T. Grant Co.:
Sales .thous. of doL.Stores operated. _ .number..
J. C. Penny Co.:Sales thous. of doL.Stores operated. number..
Department stores:Accounts receivable:
Instalment accounts§..Dec. 31,1939=100..Openaccounts§ do ._.
Ratio of collections to accounts receivable: ,Instalment accounts§ percent-.Open accounts § do —
Sales, total U. S. unadjusted.. 1923-25=100..Atlantaf _ 1935-39=100..Boston 1923-25=100.-Chicago 1935-39=100.-Clevelandf d o —Dallas - -1923-25=100..Kansas City..- 1925=100..Minneapolis 1935-39=100..New York 1923-25=100.Philadelphia 1935-39=100..Richmond doSt. Lonisi 1923-25=100..San Francisco 1935-39=100.
Sales, total U. S., adjusted....1923-25=100..Atlantaf - 1935-39=100..Chicago . d o —Cleveland! do. . . .Dallas 1923-25=100..Minneapolis 1935-39=100 .New York* 1923-25=100.Philadelphia 1935-39=100..Richmond do ...St. Louisi .' 1923-25 = 100..San Francisco 1935-39=100.
Instalment sales, New England dept. storespercent of total sales..
Stocks, total U. S., end of month:Unadjusted 1923-25=100..Adjusted do.. . .
Other stores, ratio of collections to accountsreceivable, instalment accounts:*
Furniture stores percent-Household appliance stores doJewelry stores d o —
Mail-order and store sales:Total sales, 2 companies thous. of dol.
Montgomery Ward & Co do.Sears. Roebuck & Co . do
Rural sales of general merchandise:Total U. S., unadjusted. 1929-31=100.
East do. . .South doMiddle West do. . .Far West do. . .
Total U. S., adjusted ___do-__East do.--South do. . .Middle Wrest do. . .Far West do.__
v 138.1J>143.7
15,385661
9,380245
5,188202
6,279206
33,4052,010
13,635493
43,0411,610
4062
3362
143221103159166251167
*154127148201151
132208144151226
*134118138
• 196142
v 190
5.6
212033
133, 42254, 28079,142
204.3184.4291.6178.6219.6193. 3187.5264.1174.2187.6
124.8142.3
14, 781671
9,607246
5,017203
6,156207
33, 6752,012
11,431494
40,5301,611
'7053
2459
.1031447511813412711411394111147114158
130169149157165130126151194152172
132138
161325
113, 44748, 74164, 706
155.9153.3178.0135. 5207.8190.6192.4246.9164.3225.6
137.8143.4
14,997671
9,599245
5,023203
6,094207
33,8472,015
' 12,649'493
r 47,4761,611
6763
2560133171105If*161171133145120143174131184
123161141146154126112133170122176
7.0
130125
161426
142, 02261, 49580, 527
214.2201.2262.8185. 7272.2202.6204.6238.0181.1232.6
140.9143.2
17, 237671
10,278245
5,656203
7,335207
38, 4752,017
15, 111493
54,2941,611
65
2965137183117154165170146156130160211145191
128173147158150131115139170129182
7.8
128115
181530
174, 04576, 06897, 977
250.5245.4362.2210.8276.2192.8190.7244.4166.0230.0
161.6157.0
16, 610671
11,046245
5.648203
6,719207
36,3762,018
14,382493
49,4261,611
6570
2963157206116168187191147144144182203158219
138186153170171144121142193135210
7.8
122105
171531
153, 40668, 39685,010
253.6266.2334.6216.5298.6194.9206.5243.7165.2246.2
263.0139.2
28, 667671
18,397244
10,464203
12, 26907
64, 2402,015
25,138493
63,3201,611
222286181246252280231219215262304212296
166146•146162141119140164129
5.0
95101
181545
193, 41286, 472
106, 941
272.7273.2325.8243.0324.5170.5164.1216.9155.8298.8
106.1144.6
12, 277665
8,063244
4,323202
5,481207
29,6392,012
9,382
29, 7291,611
6269
28611111518912313215512611497112134117150
143195155179204143123157197146195
7.8
102
171631
96, 68239,98356,699
152. 2149.7193.1136. 0171.8200.0197.0244.1177.8233.7
125.1157.6
13,097663
8,750244
4,671202
207
30, 9652,012
10.433'492
32,8901,611
5865
286113219090155155205140132112137161143184
168216185194241187138185234166238
7.6
89
171630
99, 30041,44357, 857
174.3164.0245. 8151.9192.3215. 5200.5224.1191.0259.9
123.6147.4
14,069662
9,634244
5,163202
6,051208
32, 9012,010
11,956463
35, 5171,610
,K465
3162121171101136144160144134104135171124171
136182149169172137127154180138196
6.3
9391
191830
118, 53252,19266, 340
185.6173.5239.7158.9193.3211.3193.2265.4179.3234.9
139.9140.0
16,060661
10,013244
5,631202
7,010
37,3172,009
13,824493
40,6231,610
PI65
3163133196107151162192151156116148190136
128188144151190147114155181129190
6.3
9087
201831
133, 98160, 65873, 325
194.3198.1227.3175.0215.0211.4207.8258.0187.3240.7
133.9138.9
14,631661
9, 610244
5,192202
6,845208
34,8592,008
13,559493
38,5761,610
4862
3063125193101138154191137135108139181129180
125196136152191136115141182129187
5.1
92
222033
120, 84554,09966, 746
160.5157.1197.5141.5186.1174.9170.7232.8149.4207.0
140.0147.6
15,167661
9,612245
5,188202
6,864208
34, 6772,009
13,720493
40,9881,610
4564
296212417897143154183148143110>133175132184
129205147161206144115140184143200
4.3
63
212133
121, 28552,14069,145
161.6152.7192.3145.9205.7177.4166.3239.2154.5215.8
184.1145.5
14, 833661
9,507245
5,172202
6,447207
34, 6872,008
12,171493
34,1681,610
4153
3062981667411512416312611091102144108165
142233164170233151128154205156199
5.7
99110
222134
103, 05241,81161, 240
125.0108.0151.6111.4167.9171.2151.2223.2150.9204.8
' 132. 6f 151.2
14,588661
9,427245
5,176202
6,197206
33, 2002,010
11,897493
35,8601,610
4052
3262112183'77127142188131128'96107156122
»179
142215161165244147
'126145
'206163
7.0
'110114
2221
'33
111,04147, 44363, 598
157.2148.9184.5143.8188.1192.2186.8255.9174.2204.2
' Revised. *> Preliminary.§Minor revisions in the figures prior to November 1941, which have not been published, are available on request.IThe index on a 1935-39 base shown in the 1942 Supnlement is in process of revision; pending completion of the revision, the index on a 1923-25 base is being continued.JA few revisions in data for 1938-41, resulting from changes in the seasonal adjustment factors, are shown on p. S-8 of the November 1942 Survey.*New series. Collection ratios for furniture, jewelry, and household appliance stores represent ratio of collections to accounts receivable at beginning of month; data beginning
February 1941 are on p. S-8 of the April 1942 Survey; data back to Januiry 1940 are available on request; the indexes of instalment accounts outstanding, included in the October 1943and earlier issues, have been discontinued in the Survey; dollar figures are shown, however on p. S-16.
fRevised series. Indexes of department store sales for Atlanta district revised beginning 1935, see p. 22, table 19, of the December 1942 Survey. Revised data beginning 1919 forthe Cleveland district are shown on p. 32 of the April 1943 issue.
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November 1943 SUEVEY OF CURRENT BUSINESS S-9
Monthly statistics through December1941, together with explanatory notesand references to the sources of thedata, may be found in the 1942 Sup-plement to the Survey
1943
Sep-tember
1942
August Sep-tember
Octo-ber
Novem-ber
Decem-ber
1943
Janu-ary
Febru-ary March April May June July August
EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
Estimated civilian labor force (Bureau of theCensus):*
Labor force, total .millions._Male doFemale do
Employment doMale doFemale doAgricultural doNonagricultural do
Unemployment doEmployees in nonagricultural estab.rf
Unadjusted (U. S. Department of Labor):Total thousands--
Manufacturing doMining doConstruction doTransportation and pub. utilities-doTrade doFinancial, service, and miscl doGovernment _do
Adjusted (Federal Reserve):Total - do
Manufacturing. , doMining -_ doConstruction doTransportation and pub. utilities_doTrade do
Estimated wage earners in manufacturing in-dustries, total (U. S. Dept. of Labor)*
thousands. .Durable goods do-
Iron and steol and their products __doBlast furnaces, steel works, and rolling
mills thousands--Electrieal machinery -doMachinery, except electrical do
Machinery and machine-shop productsthousands. -
Machine tools ___doAutomobiles doTransportation equipment, except auto-
mobiles thousands- _Nonferrous metals and products doLum ber and timber basic products _ - do
Sawmills doFurniture and finished lumber products
thousands--Furniture do.__
Stone, clay, and glass products do-__Nondurable goods do
Textile-mill products and other fiber man-ufactures thousands- -
Cotton manufactures, except smallwares thousands,.
Silk and rayon goods do.._Woolen and worsted manufactures (ex.
dyeing and finishing) thousands- -Apparel and other finished textile prod-
ucts thousands.-Men's clothing do.Women's clothing do.
Leather and leather products do.Boots and shoes do.
Food and kindred products do.Baking do.Canning and preserving do_Slaughtering and meat packing—-do
Tobacco manufactures doPaper and allied products do
Paper and pulp doPrinting, publishing, and allied industries
thousands,-Newspapers and periodicals do_Printing, book and job do
Chemicals and allied products doChemicals do
Products of petroleum and coal doPetroleum refining do
Rubber products doRubber tires and inner tubes do
Wage earners, all manufacturing, unadjusted(U. S. Dept. of Labor)f 1939=100--
Durable goods doIron and steel and their products.-do
Blast furnaces, steel works, and rollingmills 1939=100-..
53.336.217.152.535.816.711.341.2
.8
m, 26316, 207
j< 822* 1,091.! 3,704" 6, 284
4, 3315,824
37,68615,989
813979
3,6386,247
13,9468,3301,721
512725
1,248
496101738
2,306417467256
356167352
5,616
1,185
47194
160
822221231
• 315178
1,10425124915988
311149
33011212973611912682
19591
170.2230. 7173.6
131.7
56.241.1
! 15.1r '5i.o
*" 39.71 14.3'* H-2t '42. 8
2.2
37,802.14, 980> 918i 2,181t 3, 533
6,4964,3715,323
37, 43314,819
9181,9.163,4906,607
12,8697,1921,620
540564
1,114
435118534
1,673387581313
369170370
5,677
1,283
507103
181
915247252367209
1,12525824817997
298152
32511412662311112981
15868
157.1199.2163.4
138.9
54 J39.214.952.438.214.210.242.21.7
38, 34815, 233
H 910i 2,185
3, 5426, 5614.3975,520
37, 64515, 006
9001,9593,4826,523
13,0797, 3131,621
532586
1,126
440119556
1, 752390546303
367170369
5,766
1,272
50598
180
907246252357200
1,2102fi332217898
297151
32311612364911112881
16470
159.6202. 5163. 5
137.0
54.039.015.052.438.114.310.541.91.6
38. 47815, 313
9022,028
I 3, 539• 6, 697! '4, 327
L 5, 672
37, 96215,162« • '888' 1,902
3, 4666,619
13,1667,4641,635
525610
1,148
449120572
1, 836392-535295
368173368
5, 702
1,275
505100
177
904242253357199
1,09926519117499
300151
33111612967311112679
16973
160.7206.7164.9
135.5
54.538.516.052.837.515.39.8
43.01.7
38, 53315,434
8941 1,896
3, 5206,7714,2955,723
38, 32515, 349
8831,8893, 5086,673
13, 2677,5971, 643
518630
1,168
457121592
1,909398526290
363168368
5,670
1,277
50699
176
887235248363204
1,038203136176100304150
33811713369311112578
17477
161.9210.4165.7
133.4
53.437.915.551.937.014.98.9
43.01.5
38, 94215,684
1, 6743,5027,1074, 2795,811
38, 84215, 687
8842,0043, 5356, 635
13, 4747,7801,676
523649
1,190
465122613
1,999405515282
365170368
5,694
1,287
51099
177
886236247364204
1,01826411418799
309151
34211813470211212478
18080
164.5215. 5169.1
134.5
52.437.115.351.036.314.78.7
42.31.4
37. 86215, 743
1,4703,4636, 3714,2595, 689
38, 79115,932
8701,8433, 5496, 513
13, 5037.8751, 693
522661
1, 202
469123631
2,067408489266
362168362
5,628
1,273
50498
176
88423724836120296525895
18596
309151
33511413371511112377
18381
164.8218.1170.7
134.3
52.336.715.650.935.915.08.8
42.11.4
37,95815,851
1, 3883, 4566, 2914, 270
,5,837
38.82115, 975
8731,7483, 5456,458
13,6337, 9981,715
524676
1,220
476121642
2,132412478260
364170359
5,635
1,275
50598
175
89724025235920193625290
17794
313150
338113135726-11212277
18582
166. 4221.5173.0
134.9
52.036.415.651.035.815.29.0
42.01.0
38,11515.958
8611,3573,4756,3284, 2815,855
38, 65616,043
8641, 5643,5516, 424
13, 7278,0991,726
523693
1,233
483120649
2,187410479262
364171358
5,628
1,270
50298
174
90324225335419792125480
16793
313150
33411313273411312278
18683
167.6224.3174.1
134.7
52.136.515.651.236.015.29.6
41.6.9
38,33615, 956
8501,3283, 5526,4234,3375,890
38, 47816, 025
8581, 3633, 5726,433
13, 7358,1451,729
523695
1,237
487119653
2,221411480262
360168359
5,590
1,254
49797
171
88924024934619391024790
15693
312149
33011412874411312379
18683
167.7225.6174.4
134.6
53.036.716.352.136.215.910.841.3
. 9
38, 26215,911
8371,2993,5876,3314,3495,948
38, 22215, 998
8421,2133,5776, 357
13,7008,1591,718
522695
1,243
491117660
2,241410479263
356167357
5,541
1,239
49096
170
86523424133718791424792
15490
312149
32911412773911412480
18683
167.2225.9173..2
134.5
54.637.317.353.436.716.711.941.51.2
38, 48416,056
8351, 2773,6536,3714, 3555,937
38, 34416,138
8421,1233, 6106,373
' 13, 827r 8, 252
1,719
521703
1,251
493115676
2,288415482264
358167360
5,575
1,233
48896
168
853231239333185953251
' 109••160
89316150
33411413074311612581
18985
168.8228.5
' 173.4
134.2
55.537.817.754.337.217.112.142.21.2
' 38,36416,136
8301,2183,6836,2904,359
' 5,848
' 38, 276' 16, 138
8351,0653,6306,388
r 13, 911' 8, 296' 1, 715
518r 714
' 1, 251
'495111694
' 2,306414484265
360169358
r 5,615
1,219
48495
165
833228229330184
'1 ,019253
'16216189
316150
339112135
'74511712682
19288
' 169.8' 229.7' 172. 9
133.3
54.937.517.453.937.016.912.041.91.0
• 38, 24116, 245'823
' 1,162' 3, 695' 6, 218' 4, 331' 5, 767
• 38,003• 16,086
'825••1,023' 3,645' 6, 335
•14,003' 8, 321'1,718
515'717
' 1, 251
497106
'714
' 2,304'415'482
264
'362170
'358' 5,682
' 1,204
47895
162
834225234325183
' 1,110251247163'88
'315150
337112134
'741118
'12783
'19489
' 170. 9' 230. 4' 173.3
132.6
' Revised.fRevised series. The estimates of employees in nonagricultural establishments and in each of the component groups, with the exception of the trade group and the financial,
service, and miscellaneous group, have been revised beginning 1939 and revisions of the earlier data are in progress; the revised data will be published when revisions are completed(data beginning August 1941 are in the October 1942 Survey). The indexes of wage-earner employment and of wage-earner pay rolls (p. S-12) in manufacturing industries have beencompletely revised; for 1939-41 data for the individual industries, except newspapers and periodicals and printing, book and job, and 1939-40 data for all manufacturing, durable goods,nondurable goods, and the industry groups, see pp. 23-24 of the December 1942 Survey. Indexes for the totals and the industry groups have been further revised beginning January1941; data for 1941 are shown on p. 28, table 3, of the March 1943 issue.
*New series. For estimates of civilian labor force, employment, and unemployment beginning April 1940, see p. 30, table 9, of the June 1943 Survey. Data beginning 1939 forthe new series on wage earners in manufacturing industries will be shown in a later issue; data beginning October 1941 for the individual industries, except machine tools, newspapersand periodicals, and printing, book and job, are available on pp. S-8 and S-9 of the December 1942 Survey; the figures for all manufacturing, durable goods, nondurable goods, andthe industry groups are shown on a revised basis beginning with the March 1943 Survey and figures previously published for these series are not comparable with the current data.
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S-10 SURVEY OF CURRENT BUSINESS November 1943
Monthly statistics through December1941, together "with explanatory notesand references to the sources of thedata, may be found in the 1942 Sup-plement to the Survey
1943
Sep-tember
1942
August Sep-tember
Octo-ber
Novem-ber
Decem-ber
1943
Janu-ary
Febru-ary March April May June July August
EMPLOYMENT CONDITIONS AND WAGES—ContinuedEMPLOYMENT—Continued
Wage earners, all mfg., unadj.f—Con.Durable goods—Con.
Electrical machinery 1939=100.,Machinery, except electrical do
Machinery and machine-shop products1939=100..
Machine toolsj doAutomobiles doTransportation equipment, except auto-
mobiles 1939=100-Nonferrous motals and products doLumber and timber basic prod d o . . . .
Sawmills doFurniture and finished lumber products
1939=100..Furniture do
Stone, clay, and glass products doNondurable goods do
Textile-mill products and other fiber man-ufactures 1939=100..
Cotton manufactures, except smallwares do
Silk and rayon goods doWoolen and worsted manufactures (except
dyeing and finishing) 1939= 100, _Apparel and other finished textile prod-
ucts 1939=100..Men's clothing doWomen's clothing do
Leather and leather products doBoots and shoes . .do
Food and kindred products doBaking doC anning and preserving. doSlaughtering and meat packing.._do
Tobacco manufactures doPaper and allied products do
Paper and pulp doPrinting, publishing, and allied industries
1939=100..Newspapers and periodicals* doPrinting, book and job* do
Chemicals and allied products doChemicals do
Products of petroleum and coal doPetroleum refining do
Rubber products doRubber tires and inner tubes do
Manufacturing, adjusted (Fed. Res.)f--doDurable goods doNondurable goods do
Manufacturing, unadjusted, by States andcities:
State:California* 1940=100..Delaware 1923-25=100-.Illinois 1935-39=100_.Maryland 1929-31 = 100..Massachusettsf 1935-39=100..New Jersey§ 1923-25=100..New York 1935-39=100..Ohio doPennsylvania 1923-25=100..Wisconsin 1925-27=100..
City or industrial area:Baltimore 1929-31=100..Chicago 1935-39=100..Cleveland do.Detroit 1923-25 = 100..Los Angeles* 1940=100..Milwaukee 1925-27=100..New Yorkf 1935-39=100Philadelphia 1923-25=100..Pittsburgh do. . .San Francisco* 1940 = 100St. Louis 1937=100Wilmington 1923-25=100
Nonmanufacturing, unadjusted (U. S. Depart-ment of Labor):
Mining:!Anthracite 1939=100.Bituminous coal do . . .Metalliferous do . . .Quarrying and nonmetallie do
Crude petroleum and natural srasf doPublic utilities:!
Electric light and power doStreet railways and busses-— do.Telephone and telegraph do.
Services:|Dyeing and cleaning do.Power laundries do.Year-round hotels do.
279.8236.2
244.9275. 5183.4
1,453.0.181.8110.0
10S. 6104.9119.8122.6
103.6
118.978.3
107.4
104.1101.185.190.881.7
129.2108.6185.3132.294.7
117.2108.0
100.794.7
102. 0255.4171.1119.0113.0161.2168.6167. 7229.1119.3
284.7214.7157.7191.0143.2
161.3
118.2148.4
182.1157.1
175.7292.1174.6140.7144.1131.5349.6
209.1
83.7100.8109.295.982.4
85.2117. 7126.8
119.3110.4107.3
217.8210.7
214.9321.3132.6
1,054. 3169.0133.5108. 5
112.4107.0126.1123.9
112.2
128.086.0
121.3
115.9113.192.9
105.895.6
131.7111.8184.5148.6103.5112.3110.6
99.196.399.7
216. 3158.9121.6110.8130.7125.5155.1198.5
. 120. 9
237.9170.6141.5175.8135.8158.4146.4151. 5114.7136.9
174.4142.3167.0137.9229.8155.7129.3131.4120.4274.6138.9154.0
92.8117.5121.4116.386.2
96.5108.7123.8
122.8122.5101.5
226.3213.0
217.5323. 7138.2
1,104.0170. 3129.9105. 0
112. 0107.2125.8125.9
111.2
127.781.9
120. 3
115.0112.592. 1
102.891.7
141.6113.6239.7147.3105. 2111.9109. 7
98.597.497.5
225.1159.2120.8110.3135.3130.5156.9201.6121.6
244.4172.1141.2
' 178. 0136.6161.7149.7155.4
' 114. 8138.8174.8142.9168.7143.1233.9
r 157. 7132.0
' 132. 6120.4291.8138.6
' 158. 2
92.5• 116.6
118.5114.585.0
94.6109.7123.6
122.1121.5102.1
235.3217.3
222.0327.6142.3
1,156. 5171.2127.2102.5
112.3108.3125.2124.5
111.5
127.783.2
118.7
114. 5111.092.5
103.091.3
128.6114.7142.4144.6106. 4113.1109.5
100. 998.1
101.8233.4158. 9119. 3108.4"139.9136.7158.9205. 6122.0
244.7169.3142.9176.5138.9161. 9152.1157.5115.5141.1
173.4145.8171.6146.9243.3160.0134.1134.5122.5292.2141.4162.6
91.8115.3116.5112.984.4
92.9110. 0123.2
123.9121.0103.9
243.0221.0
226.0330.3147.1
1, 202. 8173. 5125.1100.6
110.5105.8125.3123.8
111. 7
127.782.7
118.1
112.3107.691.4
104.793.4
121.5114.1101.3145.3106.8U4. 7109.3
103.198.5
105. 4240.3159.7117.8107.0143. 8141.9160.9209.6122. 5
245.8177.8142.8178.4140.6163.2153. 6159.3116.0143.5
172. 3146.5174.5149.5251.7163.6134.2136.8122.7292.8143.1172.0
91.8113.7116.3109.583.6
91.3110.0122.9
118.8119. 2103.7
250. 3225.1
230.0333.1152.5
1,259.2176.7122.597.9
111.4106.7125.4124.3
112.5
128.982.7
118.5
112.2107.891.1
104. 993.5
119.1114.484.5
155. 0106.3116.4109.6
104.399.5
106.3243.7160.4117.4107.1149.0147. 4164.4215.4124. 3
253.0180.8145.4180.3143.1164.7155.8163.1116.8145.1
174.2149.0178.7150.3266.7164.3134.7137.4124.0299.3147.2174.8
90.9112.7115.8105.983.0
90.4111.6122.4
114.8118.3
255.1227.5
231.7334. 8156.7
1, 302. 2178-1116.392-4
110.2105.5123.2122.9
111.3
127. 281.6
117.9
112.0108. 291.2
104.192.8
112.9111. 670.5
153.7102.4116.6110.0
102.296.3
104.9248.0159.8116.0106.3151.6150. 0167.1219. 3126.0
254.3179.2146.3186.2144.8165.9156.0163.5117.0145.1
180.1149.7178.1160.8271.3165. 5134.0139.6125.4303.8146.9177.8
83.4111.8114.898.681.2
89.0113.2122.3
111.8119. 2101.8
260.8230.8
235.5331.4159.5
1, 343.1179.6113.890.4
111.0108.6122.4
123. 0
111.5
127.581.7
117.4113.7109.792.8
103.392.1
109.5109.267.0
146.8100.2117.8109.3
103.095.4
106.9251.9161. 3115.2106.1152.8150.7167.9222. 5124. 9
261. 9183.7148.9189.7145.0168.2158.4165.9118.4146.3
183.3152.5183.8164.1278.2168.4136.7142.0127.7317.9147.2181.0
89.5110.4114.496.782.0
88.1114.8122. 2
113.2118.5104.4 I
267.4233. 3
238. 7328.5161.4
1, 378.1178. 8114.090.8
111.0107.1122. 0122.9
111.1
126.981.8
110.9
114.4110.693.2
101.990.5
107.7110.159.5
138.499.9
118.0108.9
101.894. 9
104.6251.8161.7115.6107.2153. 8153.0
• 168,6225.1124.1
266.4185.9149.5192.2145.6
160.7168.0118.3147.0
184.9152.7187.8165. 0283. 3170.1139.9143. 2128.4321.5147.8184.9
89.4109.1113.496.382.3
87.4115.5122.0
116.1117.4104. 9
268.4234.1
240.9324. 3162.3
1,399.3179.2114,191.1
109.8105. 6122.3122.0
109.6
125.5
114.6
112.6109.791.699.888.5
105.5107.166.9
129.399.9
117.7108.4
100.695.8
101.0258. 3162.4116.0108. 4153.8153. 3168.5
' 225. 9123.2
270.1189.6150.1192.4145.4
160.4168.8118.1146.9
185.2151.9190.1162.8286.8170.3139.8143.9129.3321.5151.9191.0
106.2112.698.282.1
86.6117.1122.8
125.1118.4105.1
268.3235.2
242.6318.5164.0
1,412.0178. 8114.091.2
108.6104.9121.5121.0
108.3
123.780.1
113.8
109.6106.988.797.085.9
103.9107.168.2
127.896.3
117.7108.4
100.495.7
100.6256.4163.2117. 3109.7153.9153.9168.3226.0122.8
269.6193.6151. 2190.0146.1
159.2168.3117.7147.0
182.5152.8190.2169.9287.1171.1137.7144.0129.7320.6154.2194.3
87.3103.8110.9.98.281.7
86.4117.5123.2
126.5118.4105.
271.1236.7
243.4312.8167.9
1, 441.6180.9114.891.7
109.1105.1122. 5121.7
107.8
123.279.9
112.6
103.0105.687.896.084.9
111.5108. 9'81.2132.195. 7
119. 0109.4
101.895.7
103. 2257. 7168. 2118.5111.0158.4157.1169.8
' 228. 5123.6
274.2198.2153.5190.1146.5
159.4170.2118.8148.7
181.8154.0192.4171.5289.0172.7137.4145.0131.7330.1159.1198.8
86.5102.7
' 110. 598.882.6
86.5117.7124.7
128.9119.6
' 106. 7
' 275. 5' 236. 8
' 244. 4301.8172.6
1,452.6180.6115.191.8
109. 8105.9122.1
r 122.6
106.5
122.379.3
110.5
105.6104.184.495.084.5
' 119. 3109.7
' 120. 3' 133. 7
95.1118.9109.1
103.494.4
106.6' 258. 6
168. 2119.1
' 112.6158.9161.7' 169.6229.5122 A
280.2200.8155.5190.7144.5
159.5170.7
r 119. 0149.1182.3155.7193.1173.7293.2174.4135.6144.0131.8335.2161.5203.1
86.2102.2
' 108.198.882.3
'117. 7126.8
125. 2r 118.7
107.6
' 276.7' 236. 8
245.6289.5
' 177. 5
1,451.7' 180. 9'114.6
91.7
' 110. 4106. 5
'121.8' 124.0
r 105.2
120.879.1
108.3
' 105. 7102.786.1
'93.683.8
' 129. 9109.0183.8135.0r 94.8
' 118.5109.4
' 102. 994.4
108.1' 257. 0
169.3' 119. 7
113.4' 160. 3
165.2' 168.8' 229. 6' 120. 9
' 297. 7r 212.4
156.4' 191. 5
143.8
160. 2
r 118. 9149.3
r 182. 1156.6175.5
r 302. 4174.9138.8
' 144. 1' 132. 2
357. 2160.7
' 206.4
'84.1' 101. 4r 105. 5'98 .1'82 .8
'86.1' 117. 6' 127. 5
' 119. 4' 113. 8
107.7' Revised. § Index is being revised.t Data for December 1941—July 1942, which were not available for publication currently, are as follows: Employment—1941, December, 249.8; 1942—January, 260.0; February,
271.9; March, 283.6; April, 295.4; May, 301.9; June, 311.0; July, 317.1. Pay rolls (page S-12)—1941, December, 378.0; 1942—January, 410.2; February, 429.7; March. 453.0; April, 466.1;May 489.2; June, 507.0; July, 506.8.
t Revised series. The Department of Labor's indexes of wage-earner employment in manufacturing industries have been completely revised; see note marked "f" on p. S-9.Revised seasonally adjusted employment indexes are as yet available only for all manufacturing, durable goods, and nondurable goods; the indexes for all manufacturing and fornondurable goods are preliminary. Earlier data for the New York City employment index not shown in the July 1942 Survey and subsequent issues and for the Massachusettsindex, shown on a revised basis beginning in the May 1943 Survey, will be published later. The Department of Labor's indexes of employment in nonmanufacturing indus-tries have been revised to a 1939 base, and, in some instances, adjusted to 1939 Census data; for data beginning 1939, see p. 31 of the June 1943 Survey.
* New series. Indexes beginning 1939 for newspapers and periodicals and printing, book and job, and beginning 1935 for the employment indexes for California and the Los Angelesand San Francisco industrial areas, will be shown in a later issue.
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November 1943 SUKVEY OF CUEKENT BUSINESS S-ll
Monthly statistics through December1941, together with explanatory notesand references to the cources of thedata, may be found in the 1942 Sup-plement to the Survey
1943
Sep-tember August Sep-
tember
1942
Octo-ber
Novem-ber
Decem-ber
1943
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued]
Nonmanufaeturing, unadj.—Continued.Trade:
Eetail, totalt 1939=100.Food* do__-General merchandising! do _ _ -
Wholesalef do___Water transportation* do_ _ _
Miscellaneous employment data:Federal and State highways:
Totali number-Construction (Fed. and State) do.-.Maintenance (State) do
Federal civilian employees:!United States thousands-
District of Columbia do_-_Railway employees (class I steam railways):
Total thousands.Indexes: Unadjusted! 1935-39 = 100.
Adjusted! do___
LABOR CONDITIONS
Average weekly hours per worker in factories:Natl. Ind. Con. Bd. (25 industries').-hours..U. S. Dept. of Labor, all manufacturing!
hours _.Durable goods* do
Iron and steel and their products*-doBlast furnaces, steel works, and rolling
mills* hours.Electrical machinery* doMachinery, except electrical* do
Machinery and machine-shop prod-ucts* hours.
Machine tools*,. doAutomobiles* do _ _ _Transportation equipment, except auto-
mobiles* _' hours _.Aircraft and parts (excluding engines)*
. hours..Shipbuilding and boatbuilding*.do..__
Nonferrous metals and products*, doLumber and timber basic prod*._.do___Furniture and finished lumber products*
hours _.Stone, clay, and glass products*--do
Nondurable goods* doTextile-mill products and otherfiber man-
ufactures* hours..Apparel and other finished textile prod-
ucts* hours _ _Leather and leather products* doFood and kindred products* doTobacco manufactures* doPaper and allied products* doPrinting and publishing and allied indus-
tries* hours...Chemicals and allied products*_.-doProducts of petroleum and coal*-.doRubber products* do
Average weekly hours per worker in nonmanu-faeturing industries CU. S. Dept. of Labor):*
Building construction hours _ -Mining:
Anthracite doBituminous coal doMetalliferous doQuarrying and nonmetallic do
Crude petroleum and natural gas doPublic utilities:
Electric light and power doStreet railways and busses doTelephone and telegraph do._.
Services:Dyeing and cleaning do__.Power laundries do__.
Trade:Retail, total "_.do__.Wholesale do. _
Industrial disputes (strikes and lockouts):Beginning in month numberIn progress during month do__Workers involved in strikes:
Beginning in month thousandsIn progress during month do__
Man-days idle during month do__
97.6103.7112.393.8171.8
1, 418134. 7131.5
98.5110.0104.5101.1S4.5
238, 72290, 022117, 972
2,451275
1,349129.6126.9
43.2
43.045.343.7
40.246.449.4
48.852.845.1
47.3
46.747.644.841.8
41.440.140.2
40.3
36.238.441.339.541.2
38.043.339.542.3
37. 3
34.032.143.444.738.8
40.048.540.7
42.843.2
42.140.9
330430
92108449
101.1109.7112.6100. 286.9
219, 04780, 836109, 076
2,549281
1,349129. 6126.5
43.4
42.444.643.0
39.946.048.0
47.851.244.1
46.7
46.347.044.141.0
41.039. 339.7
39.4
34.936.741.838.640.8
38.242.739. 541.6
37.8
35.833.543.244.7
40.147.441.4
43.143.1
41.141.2
274349
101387
104.3112.0121.8100. 9
211, 75178, 031105, 701
2, 687284
1, 348129. 5125,3
43.6
43.645.844.3
40.946.749.5
49.052. 545. 2
47.1
46.347. 645. 442.5
42. 841. 340.8
40.4
37.138. 94L.640.443. 4
38.543. 640. 512. 7
37.9
35.134.243.845. 739.8
40.547.940.6
43.543.3
40.941.7
207269
6267244
106.6111.4132. 5100.198.3
186, 94258,947100,898
2,750284
1, 343129. 0127.9
43.7
44.046.144.8
42.047.049.5
49.052.845.5
47.7
46.648.046.041.7
42.841.441.3
40.8
37.039.042.440/644.0
39.543.941.843.4
38.0
35.734.444.245.638.7
39.849.040.7
43.143.3
40.841.7
144172
5255128
117.0111.2166.399.698.4
161, 01040, 58894,108
i 2, 891284
1,351129. 6131. 6
44.446.145.3
41.747.049.6
49.453.045.5
47.5
46.947.746.141.3
43.741.842.1
41.5>'• ¥
37.440.343.941. 244.9
40.244.741.844.5
37.8
35. 935.744.043.840.5
40.849.940.7
43.344.0
41.041.8
147169
5962193
99.0107.0112.397.7100.8
147, 91533, 65588,831
2,864285
1,346129.3134.4
44.3
44.245.945.0
41.947.049.6
49.652.545.7
46.9
46.547.146.039.8
42.841.741.8
41.3
37.440.343.239.644.2
39.844.541.144.4
37.1
31.034.743.344.339.9
40. 549.241.1
43.644.1
41.341.4
195225
90100450
97.3106.4108. 897.6110.2
144, 70633. 32886', 527
2,945287
1,340128. 7132.0
44.5
44.546.245.8
42.846.949.6
49.351.846.0
46.7
46.246.745.941.9
43.641.842.0
41.5
38.240.242.938.544.5
39.544.642.444.6
36.3
41.537.043.644.440.6
40.549.741.2
43.043.7
41.141.6
210240
4248170
98.3106.1111.097.3117.0
146, 55035, 62387, 052
2,979285
1, 352129.9133.2
44.7
44.746.446.1
43.247.149.7
49.652.045.7
46.8
46.246.946.6
k 42.4
43.942.142.3
41.6
38.840.443.439. 544.9
39.845.042. 645.1
37.4
41.338.643.743.840.8
41.049.441.1
43.543.8
41.141.7
260300
7275
230
100.8106.3116.496.5124.9
154,16442, 84187,429
3, 006283
1,374132.0134.1
44.9
45.046.846.2
43.547.049.8
49.652.045.9
47.5
47.347.746.843.1
44.542.742.5
41.7
39.040.243.340.045.3
39.845.543.545.1
38.1
41.236.943.946.041.2
40.848.941.3
45.744.4
40.741.8
395445
200205675
98.5' 105. 6' 112. 5
95.1131. 8
163,44649,17590, 363
3,031280
1,378132.3132.9
45.3
45.246.946.4
44.147.349.7
49.351.846.3
47.5
46.847.847.143.8
44.642.942.8
41.9
38.440.144.640.245.6
39.945.744.545.4
38.1
36.135.244.346.441.0
40.849.042.2
45.144.4
40.941.7
395450
620625
1,275
98.9105.7112.795.8143.0
175, 44655, 23995, 645
3, 253280
1,411135. 5133.7
45.2
'45.146.8
"46.4
'44.247.049.4
49.2'50.746.2
'47.1
46.5'47.746.9
'44.4
'44.0'43.1'42.7
'41.5
38.1'39.844.941.045.7
40.145.6
'44.946.0
39.5
28.228.4
'45.047.342.6
41.749.542.1
45.344.1
'41.042.5
400435
950955
4, 750
96.6104.2108.696.0152.5
180, 22826, 786128,699
3,223279
1,418' 136:3' 133. 5
45.0
44.446.045.5
43.9'46.2'48.1
47.9'49.546.0
'46.8
'45.5'47.9'46.1' 42.8
'42.141.8
'42.1
'40.8
36.9'39.244.442.144.6
'40.245.3
'44.9'44.1
39.0
37.737.1
'43.746.543.3
'42.0'49.442.2
44.243.9
'41.742.4
(2)(2)
(2)(2)(2)
'94.9' 102. 5' 105.4'95.3' 162.1
181,86359, 54798, 090
3,100274
1,406135.1132.4
45.0
45.046.846.7
45.746.948.8
48.449.747.1
47.0
46.147.846.645.3
45.243.542.4
41.3
37.640.143.641.145.6
40.745.746.144.1
39.3
42.240.546.648.243.2
42.151.242.1
44.144.0
42.142.9
' Revised, i Includes about 80,000 excess temporary Post Office substitutes employed only at Christmas; such employees have been included in data for earlier years.2 Temporarily discontinued by compiling source.% Total includes State engineering, supervisory, and administrative employees not shown separately.\ Data beginning June 1943 are not comparable with earlier figures as a result of differences in coverage under a new reporting system. Beginning that month, data include persons
serving without compensation and $1 a year employees, previously unreported, and exclude employees on terminal leave who were formerly included. Includes only personnel per-forming services in 48 States and the District of Columbia. The estimated United States total for June 1943 comparable with earlier figures is 3,068,000.
! Revised series. For data beginning 1939 for the Department of Labor's revised indexes of employment in nonmanufaeturing industries, see p. 31 of the June 1943 Survey. Forrevision in the Department of Labor's series on average weekly hours in all manufacturing industries, see note marked "'[" on p. S-13. The indexes of railway employees has beenshifted to a 1935-39 base and the method of seasonal adjustment revised; earlier data not shown in the May 1943 Survey will be published later.
*New series. Indexes beginning 1939 for retail food establishments and beginning 1940 for water transportation are shown on p. 31 of the June 1943 Survey. Data beginning 1939for all series on average hours for the manufacturing and nonmanufaeturing industries shown above will be published in a later issue.
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S-12 SURVEY OF CURRENT BUSINESS November 1943
Monthly statistics through December1941, together with explanatory notesand references to the sources of thedata, may be found in the 1942 Sup-plement to the Survey
1943
Sep-tember
1942
August Sep-tember
Octo-ber
Novem-ber
Decem-ber
1943
Janu-ary
Febru-ary March April May June July August
EMPLOYMENT CONDITIONS AND WAGES—ContinuedLABOR CONDITIONS—Continued
U. S. Employment Ser. placement activities:Nonagricultural placements! thousands^.
Unemployment compensation (Soc. Sec. Bd.):Continued claims _ thousands. _Benefit payments:
Individuals receiving payments • - .doAmount of payments thous. of dol__
Labor turn-over in manufacturing establish-ments:^
Accession rate__mo. rate per 100 employees..Separation rate, total do
Discharges doLay-offs... doQuits doMilitary! doMiscellaneous f do
PAY ROLLSWage-earner pay rolls, all manufacturing;
unadj. (U. S. Dept. of Labor)f_. 1939=100-Durable goods do
Iron and steel and their products...doBlast furnaces, steel works, and rolling
mills 1939=100-Electrical machinery , doMachinery, except electrical do
Machinery a n d machine-shop pro-ducts 1939=100-.
Machine tools? doAutomobiles doTransportation equipment, except auto-
mobiles . 1939=100-Nonferrous metals and products doLumber and timber basic products.do
Sawmills doFurniture and finished lumber products
1939=100--Furniture do
Stone, clay, and glass products doNondurable goods do
Textile-mill products and other fibermanufactures 1939=100..
Cotton manufactures, except smallwares .1939= 100..
Silk and rayon goods doWoolen and worsted manufactures (ex-
cept dyeing and fin ishing). 1939=100..Apparel and other finished textile products
1939=100.-Men's clothing doWomen's clothing do
Leather and leather products doBoots and shoes do
Food and kindred products doBaking doC anning and preserving doSlaughtering and meat packing...do
Tobacco manufactures doPaper and allied products do
Paper and pulp do"Printing, publishing, and allied industries
1939 = 100.-Newspapers and periodicals* doPrinting, book and job* do
Chemicals and allied products doC hemicals do
Products of petroleum and coal doPetroleum refining do
Rubber products doRubber tires and inner tubes do
Manufacturing, unadj., by States and cities:State:
California* 1940=100-.Delaware 1923-25=100..Illinois 1935-39=100..Maryland 1929-31 = 100..Massachusettsf 1935-39=100. .New Jersey§ 1923-25=100 .New York 1935-39=100..Ohio d o . . . .Pennsylvania 1923-25=100Wisconsin 1925-27=100..
City or industrial area:Baltimore 1929-31 = 100 .Chicago 1935-39=100.-Cleveland doLos Aneeles* 1940=100Milwaukee 1925-27=100..New Yorkf. 1935-39=100..Philadelphia 1923-25=100..Pittsburgh doSan Francisco* 1940=100..Wilmington 1923-25=100 .
909
389
754,433
328.3461.3312.8
232.7487.7435.2
446.3455. 3338.7
2,945. 8336.8197.7162.1
183. 2176.7188. 5198.3
172.0
204.8131.8
194.9
163.4153.8136.1143.1131.1185.1155.3308.1191.3155. 0176.6168.4
128.9114.5133.1438.4285. 5195. 0182.4273. 4277.2
540.5394.4281.2395.0285.7
295.1
195. 2259.4
386.9278.1
542.2301.7242.8261.5223.4670.3395.1
640
2,576
54328, 252
7.907.06
.42
.874.311.13.33
254. 8342.0251.5
196.6343.9352.6
352.1520.5218.0
1,920. 8268.5199.1164.1
159. 8154. 3169.6169.5
166.3
202.2126.9
198.1
151.4146.4119.6146.3134.9161.6138. 5266.2173.4144.3147.1149.7
110.2105.5110.8326. 4221.6156.4139. 9184.4172.9
376.5256.9210.3310.0229.4243. 0229.8255. 3160.3216.5
310.2206.7300.9367.4242.9184.3205.3168. 4434.7250.1
650
2,026
42322, 395
9.158.10.44.685.191.48.31
261.8352.4255.4
199.7368. 6352.3
354.8510.4225.2
2,053. 3273.3192.2158.4
158.1154.1168. 4173.3
166.8
208.2126. 5
196.3
147.4142.5115.8145. 6134.9173.2140.7373.4173.0144.1147.0148.5
111.2107.8110.3338.5222.1160.5144. 3189. 9178.6
397.5270.8210.3
' 322. 8235. 9255.4239.9261.2
' 162.0' 212. 8
320.6209.0306.0378.4
r 245. 8192.3
'212.6171.5481.9
' 260. 8
1,517
31016,895
8.697.91.45.78
4.651.71.32
270.9366. 2264.1
200.7382.7371.5
371.5532. 8235.1
2,116.3282.7198. 2163.0
168.2164. 5178.9177.7
173.0
210.6130.8
198.2
157.0148.4127.1149.2134.5164. 4143.5225.9176.8153. 7158.9158.9
116.3109.4119.1351.4230. 6160. 8145. 7201.9190. 0
403.7277.8220.4330. 5244. 5261.5248.4275. 0168. 2228.7
329.4218.4325.8402.5261.1198.4217.9177.0481.9271.3
1,128
22211, 574
8.147.09.43.654.211.55.25
280.4382.8270.1
204.1402.8381.5
381. 9545.3261.4
2, 275. 9292 2188.7152.8
165.0158. 2179.2180.3
175.4
212?8131.3
201.0
152.7144.7123.1153. 4137. 4160. 5144.0162.8181. 3157. 4163.5161.1
122.4111.3127.5365. 3235. 8165. 4150. 9213.3205. 3
421.0294.7223. 7339.4248.0269.3252. 8285.1172.4236.5
336.2223.0339. 0426. 3271.3200.7226.9181.2516. 3288.9
616
1,130
19311, 558
6.926.37.46.703.711.29.21
287.9391.6278.7
203.8415. 5392.9
394.6554.5255.1
2, 348. 0303.2181.9144.4
170.6163. 9181.2186.4
180.8
217.7133.7
207.9
154.0145. 7124.0159. 5144/5165. 4149.3138.2213.6159.6168.5163.6
126.5113.4132.9383.4240.8165.1151.52:86219.7
430.3288.2233.1335. 0257. 4276. 3261.1294.9175.0244.1
333.1231.9345. 2443. 2277.22036230.8186.3521.5288.0
659
1,228
22712,183
8.287.11.52.744.451.26.14
290.9399.8283.5
208.8427.4400.2
402.1562.1277.9
2,406. 0305. 8166.9130.9
165.9159.6178.5184.5
179.6
215.8134.4
207.5
155.9149.6125. 0158.9146.8155. 6144. 3115. 4202.9147.8167.6162.3
121.8107.2128.0391.2247.2162.8149.3234.6226.6
436.5292.8233.6357.1267. 3281.0264. 5300.0176. 6244.6
350.9232.8355. 8454. 9278.9208.0236. 6189.0529.7295. 7
648
1,059
20910,882
7.877.04.50.544.651.23.12
297.5410.6291.2
211.8441.6410.0
413.4557.7282.2
2,486. 5308.6173.7138.7
171.8165.6179.2186.9
181.1
217.2132.2
207.2
167.5159.2137.2157. 4143.1150. 7141.5112.8185.1138. 5171.3164.8
121.6107.3129.1400.9250.0164. 9151. 3238.3228.9
454.5299.2244.8362.0265.9285.8274.6308.1181.3252.6
355.6244.7373.0474.4292.3220. 7243.7197.6549.9301.4
718
945
18210, 750
8.327.69.57.52
5.361.12.12
304.5421.0297.6
215.3453.7417.7
421.5559.1283.9
2, 583. 3312.1179.4143.5
174.9169.5181. 9190.7
182.4
217. 4133.5
208.3
177.5168.5148.0158.1143.7151.3145.898.9
180.4143.3173.1165.6
122.3108.2127.7409. 7255. 4166. 8154. 2246. 2239.7
466.1316.0249.5359.0271.8
285.8317.1184.7256.8
354. 5249.1389.2488.6297.6234.9248.0205. 5560.4320.1
689
695
1317,355
7.437.54.53.64
5.41.87.09
309.7430.4301.7
217.4454.7422.3
' 429.3555. 2286.7
2,692. 9318.5186.2151.4
177.9171.5185.3191.7
181.2
217.1135.0
205.4
174.8169.7143. 8155.9141.0150.3143. 4114.1170.4146. 8175.5167.2
121.7109.8123.9423.6261.8173.9162.8248.1240.2
486.2330.9255.7391.4274.7
288.6320.0186. 5260.1
384.1254.6394.4512.0299.9235. 5251.9207.1574.7335.8
,708
610
1191,382
7.186.57.55.45
4.81.69.07
313.5437.1303.5
222.2458. 9427.2
432.5547.2297.1
2, 736. 7322.0196.1160.4
178.9171.5187.7192.6
180.7
216.0135.4
205.0
164.3162.8131.0153.0137.3158.5147.8117.0190.5144.4178.0170.3
123.0110.7126.1425.2265. 4182.3170.5250.9243.9
495.0346.1259.8376.4278.0
284.9325.3188.2259.8
370.2258.2404.9520.6296.4226.7253.8211. 6582.5352.6
862
592
1005,938
8.407.07.61.505.20.69.07
' 317.1' 441. 6' 304. 6
' 223. 8463.9428.0
435.1526.3305.8
2, 768.0325.0200.8163.8
181.1174.2189.6
' 195. 4
' 178.7
211.3135.3
206.8
161.7159.1130.6150. 8134.4167.4151.6
' 137. 2' 200.8
149.3180.9172. 9
126.4112.0131.4432.5274.0
' 187. 5r 175. 2
264.0256.5
503.2355.1266.3376. 4282.1
287.7' 328. 9
190.9265.2
370. 8263.9
' 406.6523.0300.6228.7258.0215.5596.6362.3
547
915,554
7.837.56
.505.61
' 315. 6' 439. 7'299.6
' 223. 7' 462. 8' 420.1
' 425. 5491.2314.3
2,790.6321.1193.3156.2
178.6171.8184.4
' 194. 2
' 173. 0
207.0' 130.8
198.2
155.8151.3125.3145.9131.4
' 175. 9153.4
' 200. 7' 203. 9
153.5176.3168.8
127.0112.4132.7
' 435. 7277.0
' 190.3179.9256.1253.3
507.7367.9267.4384.6275.4
283.6326.1
' 189. 4259.0
378.3264.4402.8523.4296.6226.2
' 254.8215. 0611.0375.8
907
895,191
7.528.12
.466.24
' 322. 4' 448. 5
308.1
229.9' 475. 3"•423.9
'429.9470.2324.2
2,811.3325.4206.0169.0
185. 5179.2192.3
' 199.1
173.2
203.6133.6
198.3
164.1153.8137.5147.8135.4
r 188. 2152. 5
' 322. 0' 201.6' 151.1
181.9175.2
128.8112.7134.8
' 435. 8281.0197.1184.8258.4253.8
' 539. 2' 383. 7
273.3' 385. 7
280.7
291.4
' 194.4263.6
' 377. 2270.0
' 537. 0301.4238.0
' 254. 5'221.8
642.7' 383.9
f Revised. §Index is being revised. JSee note marked " t " on p. S-10. 1 Military separations formerly included in "Miscellaneous."• Weekly average of number receiving benefits, based on an average of the weeks of unemployment compensated during weeks ended within the month.cfRates beginning January 1943 refer to all employees rather than to wage earners only and are therefore not strictly comparable with earlier data.tRevised series. The series on placements by the U. S. Employment Service has been revised beginning in the Ausrust 1943 Survey to exclude agricultural placements which are
now made only in cooperation with the Department of Agriculture extension service; comparable earlier data are available on request; the series on applications formerly shown in theSurvey have been dropped, as placements are now made, in many instances, without filing formal applications. Indexes of wage-earner pay rolls (or weekly wages) in manufacturingindustries have been completely revised; see note marked "f" on p. S-9. Earlier data for the revised pay-roll index for New York City not shown in the July 1942 Survey andsubsequent issues, and for the Massachusetts index, shown on a revised basis beginning in the May 1943 Survey, will be published later.
*New series. Data beginning 1939 for the indexes of pay rolls for the newspapers and periodicals and printing, book and job, industries and beginning 1935 for the indexes of payrolls for California and the Los Angeles and San Francisco Bay industrial areas will be shown in a later issue.
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November 1943 SURVEY OF CURRENT BUSINESS S-13
Monthly statistics through December1941, together with explanatory notesand references to the sources of thedata, may be found in the 1942 Sup-plement to the Survey
1943
Sep-tember
1942 1943
! Octo-• ! ber
Novem- J Decem- jber ber
Janu-ary
Febru-ary March j April j May June
EMPLOYMENT CONDITIONS AND WAGES -Continued
July August
PAY ROLLS—Continued
Nonmanufacturing, unadjusted (IT. S. Dept.of 'Labor): I
Minim-t !Antlnacite . 1939 = 100..Bituminous coal - . . . do . .Metalliferous do ... '.Quarryini> and nonmetallic . . do '
Crude petroleum and natural gast ._ do. . . ' .[ Public utilities: \ i
Klectric li'jht and power . d o . . . .Street raiiw ays mid busses . ..__ doTelephone and telegraph.. _. _ . do. . '
•services:* JDyeing and cleaning- doPower laundries _ _ . do .Year-round hotels . , . . . do _
Tsade-Uetaii. totalt . do . •
Food* . . . do .General merchandising*. do.
Wholesale* ._ doW i'cr transportation* do
WAGES
F letory werage weekly earnings.N.itL Ind. Con. Bd, (25 indush ies> dollaisI. S. Dept. ot Labor, all nifut do
Duiable goodst.. _ dolion and steel and their prod T do
Blast lurnaces steel w 01 ks. and rollingmills* . _ dollars
Electrical machinery! . . doMachinei y, except electrical* do
Machinery and machine-'hop prod-ucts*. _*.___ _. dollais
Miu'liinc tools do_\utomobi!'\sT . doI'lansporatiou equipment, except aulo-
mobihsi dollaisAirctalt and parts (excluding engines)
doll-usShipbuilding and boat building do
VonlVnous metals and [)ioductst doLumber and timber ba icptod * do '
Sawmills^.. . do .Fui nit ure and finished lumber piodueisi
dollarsFinn<fure . - do
Stone, clay, and alas* productst . doN'onduiable i>oods+_ . do _
Textile-mill p'oducts and other fibermanulacturest . dollars
Cotton manulaf 'UPes, except smallwaiesf _ . . . doll,us
Mlk 'md rayon goodsf do\\ oolcn and worsted manufactures texe .
d\eing and finishum)* dollaisVpparel and other finish* d textile prod-
uct.-+ .dollaisMen's cl'jthinct . . <lo\\ omen's elothin<>* do
I.eathci andleathet products* doBooN and shoes' . do
Food and kindred productsf . . do _Baking _ _ do . jCannirm and prcsen ing* doSlauiihler ing and meat packing- do
Tobacco manufactures* _ . doPaper and allied products*.. -- do ]
Papei <md pub1 doPrinting, publishing, and allied indus-
tii^sf . . . . . dollarsNewspapers and periodicals* doPrinting, book and job* do
Chemicals and allied products doChemicals _ do
Products of petroleum and coal* doPetro]<>um refining . . do
Rubber pioducist . . . . doKubbei twes and i n n c tubes do
r'lelorj axeraue hourlx cur ing- -\ a t l ! Ind. Con. Bd. (25 indus'iif O do . _' r . s Dept. of Labor, all mlu.* . do .
1 Hn t»ble food.-i doIron and'-teel and theii rroddcts* do
JUnsl f n i n a u s steel woiks, and ioil-in- niillsi . . . doll us
12:5. 0170. 1108 0175.2102.3 i
128. 117."). 3103.0175.4100.4
112.3131.0133.2
14"). 11 10. .")119 0 '
119. S172 0
!•'). s737. 3s43 s i11 50
41 9912 324s. 20
17 01 ,52 12
53. 17
40.24 '
2s.:;()27 33
28. 9.').11 .V2 ,20. 30
22.3723. 02
22 9521. 70 '2-'> 38 i20 23 ,2J.SU '29 05 !
31 0923 14 ;3_>. in23 1231. 19,M. IS
30 CO11.3433. 4337 70 '41.7311. 0.JU 5s3i) 1710 Id
.010
951
1 0 is
112.0131 7 •130.5
117. 1111. 1121.3 '
111.9 i 111. 4 j
120. 8 | 120. 0 ,110 8 ; 125.2
120.0ls9 5
41 7937. si) |11 45 ;12 11
43.2113 0117 7!
51 22
40. r^5s 0012. 1027. 00
2s 0031 10
21.9s
23 1221 09
22. 5121. i s '
21 9329. M)31.7221 ss ,32 0223 0 131.2'>31 10
30. 0741. sf,31 0737 t.241 7042 ('S15. !93'.) 3i45. si)
. l»57
. s')2
12.*. 4179.0
170.]105 1
110.7137. 1 •131.3
153.5113. 2127 1 .
!us. 4 i12s 1135. 4123 0 ;
203 3 ,
12. 103*. s915 31 |43 45 |
13. 9343. 7349 31 ,
K 3052 32 ;52 97 \
53.31 .I
15 75 '57 54 '13 l.J ,29 52 ,2S. 09 ;
29 33 !
30 00 I
25 s i •
23 3925. 31
31. 43 3IJ 10 31. 13 ,
21. 1725. 502S. 17 ;27. 5s20 03 i30. 9731.9025 3131 0221. 32 '33 103«". 59
c 5112 2935. 32
\'\ 3S13 SO1»>. 5t>10. Ji»
,)90. 979
125. r>177.7107.5172 5101.3
IMS. 9110. 7H I 9 ,
117.1142 712s. o ;
121,0 :12S, 5 '115. •* i125 S '225. 0 I
45. 274 4.2119 04
53 i s51 »i.->
1000 »11
29.3430 3533 . ~).\31 21 ;
2f». 17
23 0225 40 i
3 1 :>•>>
23 9721 0027 18 i27. 7925. 9731 8132 3225. 533 1 r>2
31.0137. is (
3s. .Y>12 ss3n. IS.is 10 •
45.01is. s011. IS
900. 91'5
1.(105
12S. 4183.710'
109.4 ;145. 7 I131, 1
142.9144.0 !131.8 |
131.5 S127.7 !K1.7 |121.0 !225.0 '
42.50 , 42.9s39.78 ! 10.2740 27 '41.20 '
10 2s41 07
11 11
13 7351 51
51. 2r>
17. OS18. ()i)14 992^ Dl2«i. 10
30. 113L 10,U. so32 08
20. 73
23. 9525. ss
32 t,2
24 2725. 7027.00 '2b. 9S27 3733. 1133 1021 943s if)
31.0237 s.i
39. 4043 3037 0031). 2541 Vir. 0515 ! 'l
49. 93
. 970,M07
1 ( M i l
101. 5178. 6103.
Mil)! 6 151.0100. 8 ! 103.9
i107. 6147.3 |137.0 j
142.8 |147.0 |129.8 j
115.3 I125. 7 !129. 1 i122.3 !231.4 '
40 0240 0s
40 Mi4t. 70
19. s i' 11 M",
1»> 9457 2445 .5127. 102"\ 3s ,
29 7!)30 7431. 15 ,32 10
20 93 ,
21 oO ,20. 102V. 7529 0027 'W3-! 223 *. 3520 1430 Oti i21.2731 2137 V.)
3s. 7 s12 12<7 1939 13It i 1541 12is 3s13 1150. ."H
97:).'.'19
1 017
I 101
154.9 i190.2 |100.3150. 3106.9
100.7150. 6137. 5
143. 8145. 4130. 0
114.9120. 4120. 2124.3257. 8
13. 8541. 1247 1215. 75
40. 5711. 4051.09
50. 09' 51.22
55. 71
53. so i
17.12 '57. 10 i45 2028.79 !27. 43
30 5031.00 i34. 3032 47
27. 3 \
24 1')20.07
32 82
25.7127. 7931 1028. 9127. 153i 08 .33. 552*',. 79 !31.91 I23. 2231. 7137. 93
3 s to12 713h 3139. 0910 2310,3049. (is13 5750. 95
1 091
152.7202.1105. 5150. 2107. 0
105. 8150.7130. 7
150.3145.2130.4
115.7125.3128.0124.0271. 9
14 3041.7517. 7940 47
47.2411 9351.59
50 hi*' 15. 09
55.02
51 18 I
17.29 ;5S 1040 13 |29. OS :2s 31
31 3932. 2231 sO33. OS •
21,3020. 20
33. 15
27.1029 03 !33 (3529. 1928.07 •33. 7231.20'20 12 |30. Oi21.21 '35 113s 11
'S9. 0s13. 1230.7140 1417. 15
4(1. 1849.30 '11.7!52. 0s
.H311.0301 00s1
150.2 i189.9 i107.5 |102.8109.0 |
|100.4 'i152.0 |139.4 i
170.2 !150.7 !132. 1 |
119.0120.4 i133.0 i125. 1 ;288.0 !
15 0212 48Is. (1717 OS
17. 9545. 1752. 14
51 13f ?.:> 5 0
49 0059. 50 i40 85 '30 82 i• , . , 75 j32. 13 i32. 8035. 5733. 58
27. 30 27. 54
21.5120 h7
33. 39
27. 4129 3133.31 '20. 092«. 1534. 1231.4227. 2330.4024.8035 793s. s7
39 3243. 7)3t). s[11 00l<s. 10IS 33
7'2 5(
99s911
] 0101 019
1 Km
127. 1170.4170.2100.3111.9 j
100. 5153. 8143. 8
177.8153. 8134. 5
117. 1125.8
' 129. 7124.3307, 7
45. 9243. OS49 2547 01
49 1215 04 !52 4s |
51. 10 j' 55. 29 '57 00 '
50. 29I
19.07 •'HO. 0447. 7032 2S31 49
32. 7433. 1430. Mi3 4. 07
21 7s27.05
33.50
20.012S. 9331.4529.95 '2S, 2135. 5535.40 ,27.45 '41.0925. 2930 2139 5S
39. S211 2937. 0311.514S 5349. 9353. 1215 035 i. 1".
1.009. 9531 0501, 020
1 120
99.3 !r 142. 9 Ir 172. 0 !
109.5 |117.4 j
107.7 i' 150. 0
145.0
182.5 !154.0 I
' 137. 4 |
121. 1130. 2133. 3126.5320. 7
40 10 ,' 43 25 i
49 33 .f 47 84 |
49.(52 '45. 59
'52 .31
51.21' 51.23
57 10
«• 50. 00
19. 78•" 59. S3r 47. 12" 32. 90• 32 Ot)
33. 0533 08
r 30 38 'r 34. 29
r 27 50
:> 1.332<>. 99
33. 97
' 20. ii.t' 2 8 . 0 1 i' 3 1 . 5 3
29. .si27. 903r,. 0135.70 i20. 95 '
' 11.7520. 1530. 1739 s3
' 10.3141 M)3s. 12
r 42.0149 23
r 5 ). 0551 {):>17. 1051 00
1 010. <)59
1.051' 1.031
* 1,122
133.1r 190.0r 104. 3
109. 4120. 3
110.5150. 1148.2
170.6r 152. 4
139. 7
119.9131.0131. 4127. 1345. 3
' 40. 1 442.70 ,
' 18. 70 '«• 47. 14
' 50 01f 41. SO<• 51 .08
50 21' ~i2. 02
17. IS
r 55 93
' 4s. S2r oo. r^r 40.8 4r 31 59•"30.51
' 32. is33. 05
T .',:> 19r 33. S9 ,
' 27. 09 '' 2 1 . 1 !r 20.43
33 31
20. 05r 27. 51)r 31. 10
29 13
35. 52
20.45 !12.07 !
T 39 01
- 10 (N15. s237 2712.01
r 11) 15' 51 11' 51, 75r I I Ml
52. 18
»• 1 020. Oi',3
r 1.000' 1.030
' 1.1 iO
148.9203. 8109.7175,3120.1
111.9162.7149. 1
104.3147.3140. 7
119.7131.2127. 8129.5303. 2
40.2143 4349.014S. 43
51.5945. 7351. S7
.10 5952 1957. 41
50. 10
19. 2001 0247. 1433. 7033. 05
33 453 1. 2937. 113 4.39
27 10
?4.0320. 97
31. 08
27. 372S 2S33. 7630 OS2S. 5935. 1030 012". 8541. 1427.0130. r.t>10.41
10 7S15 t.l)37. 7112. 3249.9152 127^. 8311. 7051.51
1. 0219f.5
LOW)1 037
' lv\>\ i-vd. §Rc\ ision- in 1912 im;nthl;> a\< nvso< shown in the April 1913 Surve\ : \\ cekh cat nines $25.5s hourly < nniintis ^0.035t Ke\ i <'d ^-eiie.s. For ie\ised diua be»inn'iim 1939 for the mde\cs oi p-\> roiK in nonmanufaftuiing industries, M'i p. 31 of the June 1913 Survey. The Department of Labor's
set ies on Ih.uilx earnings and houi.s p(-r week fp. S-ll) in manulactinine in>ii:!'lu>ioii oi additional data for industries not heielofon* coven-d ande \ tens ivwhich are used lor weightinr purposes. Tin si>rio> of aveiago weekl\ ea ricoinimted by takintr the product of th(^ a\eraues of hourly earnings and hornM! the 1939 Census of Manulactures and the Standard Industrial C l i f i
ii"? ha \ e been revised and (litter horn those published prior to the March 19*3 Sur\oy owini1 to therortcctions, on the ba-is of Cgs for all manuf H'turing, <li
woiked pe» week. The, indu:i Manu'il: tln-io WITC no char
role Data for \eais piior to 1912 for all series will be published in o subsequent issue; fiaures foi\ i Jd b i 39 f l f d tblil d b 1940 f f tr i e s . J n d e x t - . b c u i n n i n u U'39 fo1 i e i . r . l food e s t a b l i s h m e n t s a n d b e ' i n n i n g 1940 for w a f e r t r a
e k h e - » ' i i ; n u - > m t l K M ' c u s p a j . e r s n u \ p i i i o - u c i N ' i n d p i i n l i n e , 1 / o k i n d j o b i n d u - l i i e s w m b>> i m b l i V u - i h - t
i sus -ind Social Securi ty da ta , in the employment es t imates of the Bureaurable yoods, nondurab l e goods, a n d t he indus t ry group averages are nowst r \ cla^-ilicario'is liaxe been revised for all serie>'to agiee w ith definitions.gcs, l iowever, ki th«i da ta for the industr ies which do not can \ a reference1 the e u ly m o n t h s of 1942 are in the \la1 -ch 1913 Sm \ e y .
on p. 31 of *he Iun«- 191.) ->u:-ve\. Fa t Her da t a for
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S -14 SURVEY OF CURRENT BUSINESS November 1943
1943Monthly statistics through December
1941, together with explanatory notes jand references to the sources of the j—data, may he found in the 1942 Sup- j Sep-plement to the Survey j tcmber
1943
AugustSep- I
tember IOcto-ber
Novera- \ Deceni- j Janu-ary
Feh r li-ar v March ! April May June July I Angus
WAG ES— G ontinued
EMPLOYMENT CONDITIONS AND WAGES—Continued
Factors o\cr ige lio.nl> L inuncs ('oni'mii <\U. S. 1)( pt. ot L iboi, all mle CoiJ mued.
Durabl > <>oods- Continued.Elf ctric ll machmei j t dollarsAL.tlnp J i \ , except electucal T do
Machinery and nru iiine-shor« piod-ucts f doll irs
Machine tools - doAutomobiles f . _ do'i ran^pf it'lKori equipment, c \( * pf uKo
Aircraft md paits (t \( lmLnj; en "in ->>d,11 irs
bhipbuildingandbf ltbuildiiu doXonlenousmetal- m d p i o d u u s t doLumbei and timber 1 asic produds T
do'l irsSaw milK 5> . do
Fumitu ie and finished l u n d i r prod-ucts t . . . . doilirs
Furmlurc doStone, d a \ , and irlass ]>roducts + do
Nondural le iroods+ _ (io'le\tile-mill pioducts ind cither fib-1
manufu lures t dollarsCotton inanul u funs , e\C( pt MI> n
wan b + <loll irsMlk and r i\on goods + doWoolen and w orsted niannfaot un M( \<.
dveiiiL, ind firiislunt: T dollu-.Appard and {ther finished UViU
products t d»llu-Men's clothing +. . doWorm n's eloth'ner +. _ d< .
Leat in r and leat her products 7 do"Hoots and sho< ^ do
Food ind k indnd products T . doHakum doCanning and pies(i\nm t doMTU ditt i mg and nu at p ickinsr do
rl obacco manuf U'lures 1 doPapei and alia d ptoducts T - do „
Paper and pulp doPnrUniL', publishing, and allied mdu-
11 us t ._ dollarsNew spapv rs md pt nodicaK * doPrinting, book md job ' do
Chenne d- and alLed pioducts T doChemiciK do
Product - of pi troli inn and co d \ do1 (trol* um refining . . . do
Rubh< r produds + . doRubin r Lin ^ and inner t u b e do
Factory a\eraae weekly earnings, bv -staler:California* . . . . 1940 = 100Delaware _ . 1923 2" = iO()Illinois . . l<H5-39-lOOMassichusoftst . . . . . . 19:55 >>9-]oo
New lork . '.'..' . 1<V> 3Q = ioOPenns\K una 1M2-5-25- 100Wisconsin . 1025 27-100
Nonm mufacluripg industries, a\cra'-e hourlvearri'Pjrs (^ S. Dept. of Labor).*
Building construction dollar*Mining: :
Anthracite . do ! _Bituminous coal do LMetalliferous do .Quarrying and nonmetallic do
Crude petroleum and natural gas do ; „Public utilities: ;
Electric light and power do ; _Street railways and busses „ do j .Telephone and telegraph do i _
Services:F) ye ing and cleaning,.. d o . . . .Power laundries do
Trade:Retail . . d o . , . .W holesale do j .
Miscellaneous wage data:Construction wrage rates (E. N. R.):f ;
Common labor dol. per hr . . 'Skilled labor do
Farm wages without board (quarterly) 1 \dol. per month. . : .
Railway wages (avg., class I) dol. per hr ...••_
isl
.8691.62
0.012. 977
. 963
L10!*
1. 124
. 998.
. 933
. 677
. 003
. 730
.010
,549. 590
.774
. 63 t
. 6s8
. 6 "7
. 71s-
'.611.S07
. P491. 135. S5"
LooiL i i . ' i1. no. 933
1 105
14;, 2i:-o •.»n-'j ll sJ .7157.0I."." s
. 9921.001. 909727
1*020
993. 829.819
. 580
.487
,619.870
0. '•' 19. 9V I
. 979
. <'901. IV,
]. 161
1.0111. 24.7.950
. f)S2
. 071
. f>75
. 700, 799. 7 4 8
. 634
. 575
.611
. 04."
.701
. 733
.012
.si:-;
, 9601. 14««
. ^54
1 If.."., 9 1 5 •
1 . ; 11
It ! {r l."l .I
1 •-!.:?172 9190 1100. :<if,i.<>
' 1 ~>3 4
1.201
.986]. 065. 906. 738
1.037
1.005, 836. 829
. 588
. 496
. 625
0. 930. 9 9 7 i
. 9 9 s1.172
1.20S i. 956 j
. 694
.684
, 70S i.812 i.751 !
.639 ;
. 576
.615
.783
'. 702. 717. 70s. 0s'-{.711.710.061.821. 602
. 9 7 31 1 lh i. SS'l :
1 OS]l . K ' O
. 9 1 71.115
1 •».-}. 7157.4156 7176.2191.5163.3Kin 9162 0
1.198 I
.984 i1.070
.913 ;
. 744 !1,039
1,004 !.840 ;
.833 [
.601
.502 :
.627 !
.879
0. 9421.033
1.2M. 95;*
. 070
. 6s1;,
. 705
.Md
. 756
.642
.610
. 7S9
. 73 i
.71'i
. 0S3
. S23
. 61 1
9701. 153. 8S0. 807
1.0271.0031.171
1. 1 25
109. 8150.4159..S176. 719S. S101.7160.7H',4.9
1.209
. 9931.073. 926
1.027. M 7
. 60s
.510
.631
. 893
.8231. 59
. 8231.59
.8261.59
.8321.60
((.913Lul l
1 0131 19s
1.002i,22n
, 8 1 0
.619 j
.789 !
.649 :
.707 ;
. 7 3 3 •
.719
.691
.701 1
.758 i
. 676,839.613 ;
.771
.829 !
.980 i1.155 ;
.895 I
.878 i1.032 i1.092 !
1.176 !
.9661.130 !
168.4 '153.6 !163.3 !180 2202.2 ;
167.6 i171,6 '168.2 *
1.230
1.0031.085. 931.7571.057
1.023. 856.835
. 001
. 513
.614
.884
.8321.60
0 '.I.VL •
1.022
1 O08 j- 1 0881.222 !
1. 151
1. 0101.210, 9s,"
. 057
.Mi*
. 7<>s
.652 i
. 582
.089
.655
.714 i
! 721. 694
.681
.830
.613
.9731.151 :.894
1. 0401.1051.182. 971
1. 139
169.9 ,157.6163.2 i184.9204.2 •
1.080
1 n i lr 1 H.2
1.211
1. 1*21 01'*1 22 i
70i»720
.773
o ' t
. s J.S2s
1 0411 0921 Io2
077i. 135
172 1.1 ")7. 9lhs 0
109. 6172.316S. 6
1.0071. 0S5
.941
1.026.8.50.842
.615
.519
. 645
. 903
. 8321.61
173 1175 1172 0
1. 240
1.0641. 113. 947. 7551.071
1.08-
.61s
.517
0.9541.038
1.021 ;* 1.055 ''1.217 i
1 02')1 2 lu '
9J0 '
0. 9611.047
1.028r 1.065
1. 215
1 0521 2 lhI 001
71"f.99
.586
. 630
. 799
.700
.738
.834
. 729
.702
. 777
. 775
. 681
. 836
.613
.782
.838
.9821.156 :. 896.892
1.0471.0911. 161
.9921.159
174.4 :164.6170.1187.0
177.9177.6174.7
1.242
1.0001.119
.949
. 7661.068 j
1.020 '.857.845
.619
.523 ;
.650 !
.909 I
.8421.61
,588.637
. SOI
. 704
. 743
.837
. 739
.709
.788
. 787
.706
.848
. 620
.790
.842
.9881.168. 898
9011.0531.1111.183
.9981.162
179.7168. 0173.5189.2
179. 9180. 1177.1
1.235 \ 210
1.060 | 1.0371.128 ; 1. 120. 962 ! . 9sl. 776
1, 069
1.034.870. 850
.650 !.536 !
,657,923 l
,858 :
1.61 :
. 7s"1. 100
1.05!N76
. S.vt
. 618
. 545
. 663
. 934
.8631.61
.828r 59. 26
.839 . .832 . 850 .84562. 43
.850 . 864 .84267.21
.843
0.965 ;
1.050
1.037r 1. 0071.231 :
LIS" •
1 «Ki1 2551 014 '
. 7C
. 72i»
.7U752
. 81 > '
. 79o
.60t ,
.591
.012
.S(>1
. 093
. 7 Hi
. SOS '
.747
.717
.797793
. 697
.871 !
.('.29 !
.791 ,815 '
. 99S
1. 177 ,.912 '.909
1.0551. 122 ,1 . 1'i'i1.00"1.167
1S8. II172.2175 0190.!!
170.~01S2 ^
r 17', s
0.970 :r 1.059
1.040 ir 1. 069 ;
1.286 ;
' 1.189 I
1.070r 1. 255 i
'1.011 |
»". 741 \
'.729 i
.741 1, 761 !.844 !,803 |
'.661 ''
. 5sO
.011
.m'.699 •
'. 745\ 822*. 719. 71^.S02. 801(>96
' 77.615. 79^.851
' L0O01. is?. 920r. 922l. (lot1. 12s1. 2021.021l.ls;
Is2 7172.7170 s i192 9
ISO 51S3 217s \
'0.071' 1.062
1.045' 1.0641.243
' 1. 195
1.073«• 1. 264T 1.016
. 738
. 724
r, 745. 765\ 849r. 805
.661
. 5'.'0r. 613
.809
. 706r. 7 If.r. M U'.711'..714. soo.sol. (\9r^. Ss()
" 051
' s."l
r 9971 1U3. 9(')3. 92s
r1.07'i'1. 13',''1 21 i*1.0!M
1. 1S1
1 so. 5r17f> 7175 1I'.-O. I.
177. sisl. 1
r 178 s
01
111
1
111
11
11111
1' 11
975063
043056219
200
. 070278018
.744
. 732
. 750
. 771
. 853
.811
.M-
- 587.648
.813
,728
". 880.750. 723. 805.802. 746. 882. 658, 804. 859
. 002
. 201
. 905, 9*?A
.071
. 137
. 208
.01'
. 1 64
79 e74.277. 9
195. C
....
r 1
1
*}'s
ss! o76. 6
1.280 ' 1 281
. 848
i1
1
1
1 7
.0 18
.121
. 9s 2ysl
.09.)
08s. cS7'J. bo~
.649 !
.544 j
.669 '
.926 :
.8631.61 :
1.84.839
1.00;1 150
. 7(M
1.117
I.O60'.SSI.S"5
.644 !
.549
.675 :
.933
. 8631.62
76. 00.843
!. 0731. 147.980. 800.1.110
1.077.888. 861
. 649
.552
,678, 944
. 8091.62
'""845
r Revised. l Farm wages as of June 1 (data now collected for selected months between quarterly reports).t Data are not strictly comparable with figures prior to July 1942 published in the Survey, because of a change in the reporting sample.§ See note marked " § " on p. S-13. d1 Index is being revised.1 Rates as of Oct. 1: Construction-common labor, $0,869; skilled labor, $1.62. Farm wages—$7.5.44.t Revised series. " ' ' " •' ' • - - - - - - • - - - •-
The inc"
manufacturing industries will be published later. Data for building construction, the" mining Industries, dyeing and cleaning plants, and power laundries relate to wage earners only;for crude petroleum and natural gas, the clerical field force is included; for the public utilities, all employees except corporation officers and executives are included; and for the tradegroups, all employees except corporation officers, executives, and other employees whose duties are mainly supervisory. Data beginning 1935 for the index of factory average weeklyearnings in California will be shown in a subsequent issue.
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November 1943 SURVEY OF CURRENT BUSINESS S-15
Monthly statistics through Dt-cpinl cr ,1911, together with explanatory notes Iantl references to the sources of the .—data, may be found in the 1912 Sup-plenient to the Survey {i
1912
ep- j Octr-
1943
No\< iibci
Fehru- I March ! April [ May June July August
EMPLOYMENT CONDITIONS AND WAGES—Continued
PAY ROLLS—Continued i
Miscellaneous wage data.—Con.Road-building wages, common labor: !
United States iverage dol. per hour..; 0.76EastN rth Central do | .95E ist-5outh Central do j .58Middle Atlantic do .... j . 91Mountain ..do ; ,80New England do. j .97Pacific._ _ _..do ! 1.10South Atlantic. . . .do ! . 59West North Central . . . .do j .80West South Central do ! .58
PUBLIC ASSISTANCE jTotal public assistance and earnings of persons 1
employed under Federal work programs^ jmil. of dol..! *• 78
Old-age assistance, and aid to dependent jchildren and the blind, total__mil. of doL. 09
Old-age assistance d o . . . . 50General relief do j v g
) US. 77. if,.( 4
. l.1'1 0s. 5''. ('611
0 ».v. >.>. Is.72 (
. 7ol.oi. 5". 7247
(l, ilt'i
. s347
; 7 l - . •
1.0M. :\. 77,4b
(L 07. S.S,
. Is
. 8u} (>>
i i ' t
1.*.
". '••• j. sw !. 4781 |
V-. 52 :
!>',49
0 «»1.91. 49. 71!
\-_>
r. 03. 52. 75 :
.49
0.02 '. sr •. 52 ..si
.871. (^2. 5271
. 50
0. 64.90 :. 57 !.88
.90 !1.04 !.54 :.74 i, 52
0.08.88.58.95
.851.05. 57. 79
0.71 i.91.57 !.91 |
.83 11.09 |.59 !. 75 1. 57 1
0. 73 :. 90. 51 !
.95
. 80 i1.05 !
. 59
.78 ,
. 55 ;
0. 74.94. 55.93
, 87.87!.0C. til
.79
. 55
110 104 101
05 i 05 . 66 ! 6650 j 50 i 51 ' 5213 13 ! 13 i 12
101 i
67 i52 !
12 1
96
075211
5652 1io !
675211
07 :
53 :11 !
07 i53 :10
67 •53 ;9
09 '559
095(
FINANCE
dodododo
OS, 30527.9134o, 152
31.3519, 3s 4
12MM 9
20. 3 H20,01131.35111. 2()()11, SO 4i,0s4
!.">, 26669 O
30, t
2,818 j
l]679 1553 !117 j
10412 '
409 ;
4'i. OK)is. 321 ,2\ 2s6 .
25, 2983, 505 ,
3, 42020.80320, 575
T'-i, 95212, 33S2, 143
10, 15786 3
2,7702,207 !1,003 •544 ;12r.
11212
443 :
2 \\i43 ,
12140
' 49,91019,91929. 990
3, 56720,SOS20,57625 75113,66011,5921,090
10, 65S1
85. 6
2,733 i2,179 !1,645 !534 ;145 !
130 :
13 I409 :
39202
11s45
J 215!, 95 419, S2332, 131
26. 9:»34,959
1!4, 007
20 S1320, 56926 95311.31312.7352. 6 i I3 1,22081 5
2, 696 i 2, 659 i2, 148 I 2,115 :1,625 i 1.603 j
523 ! 512 j155 j 159 ;
14013
392
Hu)5
1111",
4s. 001
27, 7 185.711 ;
20, 79U20. 57327. 7 is14,53113, 2KS2. '.-'0911.750
7\i I
145 i13
384 '
27.*39185
\1134421
O1.U7 4
3b. 077
20. 90s
h'.inu15, 19413. 1171. 9S8
12, 193
2,6082, 0801,579501146
13212 '
382
1134420
52, 16021.43730, 723
0, 33911
5, 96920, f»3120. 52-s
14,' 80513. 6302. 3S712, 265
2, 5902,0571, 504494135
12112
398
39 |197 i
3 :1174320 i
49, 54921, 11228, 437
2S, 5156, 2'ni
Hi5. s71
2o, S5920. 1702<s, 51514, 3(JS13.0671, 925
12.02777. 4
2,582 I2,023 i1,540 i483 i124
111 '11
434 j
2754021714
1214318
59, 32324, 06235, 261
2S.317 '0. 191
135, U19
20. 7S520,4132\ 34713,9sl12, 7591.51s
12, 758
2, 5851,9961, 520475119 i
10011
470
2703923332 :
124 :
43 ;17 :
66,876 i29,19337,683
6. S1013
ti. 45520.65020, 3032S. !*,S2l-i 13112. 20 I2 315
J3. 12875. 8
2,582 I1,970 i1,502 i408 |114 !
102 '11 |
498 i
279 i39 !
245 !47 !124 i43 !16 |
58.339 |25,737 j32,602 |
2S. 5 186. 647
31t» 2222o!t;i4 :20.261 '2s\51813, 15912,031 ,1, 72S13.53976.4
2,5841,953 I1,489463113
10211
518
284 I41 I
257 I54 i124 |42 ;14 i
60,42325, 46434, 959
29, 5997, 570
7, 202
2()! 221129, 59914,02212.0S5' 1,21213. S72
73.8
2, 5661,9271,472455118
10711
521
28241
259561234212
58,93023,97634,954
30, 1028, 0S5
108, 187
20, 50S i20, 10330. 40214,55712,5901,208 i
14.30470.9
2,5281,9001. 452
447120
1118
509
3825355
1214212
54, 58021, 22133,359
31,1409, 400
599, 088
20, 38920, 07131,14014, 66512, 855
1, 12314. 921
68. 9
.Agricultural loans outstanding of agenciessupervised by the Farm Credit Adm.;
Total, excl. joint-stock land bks-.mil of dolFarm mortgage loans, total . . . do _
Federal land hanks _.d««Land Bank Commissioner. . . . . . d o . .
Loans to cooperatives, to ta l . ._ . doBanks fur cooperatives, including cent ral
bank , . . . . ._ . mil. of dol .Agr. Mktg . Act revolving fund. . .do .
Short term credit, tot i l ._. . doFederal intermediate credit banks, loans
to and discounts for:Fa rm Credit Administration agencies/1.
mil. oi dolOther finaucing institutions _. do
Production credit associations doRegional agr. credit corporations .d > . .Emergency crop loans . . _ - doDrought relief loans.- - . -
Joint-stock land banks, in liquidationBank debits, total (141 centers)! -
New York C i t y . .Outride Now York City
Fed. Reserve banks, condition, end of mo.: 'A ^ f t s , total . . . . . . mil. of dol
Res. bank ciedit outstanding, total doBilN uncounted . . ._ . do -United s tates >eeuiilies. _do
Reserves, total . . . _do . .Cold certificates. . . . . . do . .
Liabilities, rotnl. _ do _.tDeposits, total . . . . . d o . '
Member bank resene balances, do .Evcess ic^erves (estimated/ . . do
Fed. Reserve notes in circulation. d<> ."Reserve nitio. . .percent
Fed. Reserve repoiting member banlo , con-dition, Wednesday nearest end of month:
Demand, adjusted-. _ . mil. of dolDemand, except interbank:
Individuals, partnerships, and corpom-tions . . . . mil. <jf dol
States and political subdivisions do -United States ( JO\eminen t do . .
Time, except intei bank, total . do . .Individuals, partnerships, and corpora-
tions ._ . mil. of dol .States and political subdivisions .do -
Interbank, domestic . . - . . . _<loInvestments , total . _ do .
V'. ti. Go\ 't direct obligations, total do .Bills . „. . . . doCertificates... . . . . . _ doBonds doN otes do 1
Obligations guaranteed by U. S. Govern- jm en t _ _ mil.ofdol.J
Other securities do [Loans, total _. _ do
Commerc'l,indust'l, and agrie'lf do jTo brokers and dealers in securities, .do ;Other loans for purchasing or carrying j
securities . mil. of dol.JReal estate loans do ILoans to banks do IOther loans do
r Revised. p Preliminary. l Amount estimated for 1 bank.c?Agricultural credit corporations, production credit associations, and banks for cooperatives; to avoid duplication these loans are excluded from the totals.§Tneludes through June 1943 earnings of persons employed under Federal emergency work programs shown separately in the April 1943 and earlier issues; by the end of June
1943 these emergency programs had been liquidated.f Revised series. Bank debits have been revised beginning May 1942 to include additional banks in the 141 centers; see p. S-15 of the September 1943 Survey for revised figures
beginning that month and a comparison of the figures on the new and old basis for the 12-month period ended June 30, 1943. The series on commercial, industrial, and agriculturalloans includes open market paper no longer reported separately.
27,217 27,424 | 28,639 j 28,852 ', 28,257 29,743 31,305 j 31,848 j 30,098 ; 31,386 j 32,289 ! 33,840 ' 35,733
30. 9031.670,Jl.M.*5, 915
5. 770IIS
S, bO539, I'M31 . .'-s.it4, 3fiO*>, 31 iS
16, 6594,947
1, 8762, 98011,8020, 2071, 994
9991, 135
701, 391
26, 8181. 8061,5115, 158
5,019115
8,08124, 07518, 4932, 2452,26711,2282, 753
2, 0953, 487
10, 3820, 595493
3811,230
261, 657
27,3441,909 i2,018 !5, 285
5,038 1121 i
8,527 |25,593 119,948 !2,337 !3, 029 I11,257 !3,325 i
2,106 !
3. 53910,3616, 552520
381 !1,221 i
651,616 :
28.3151,9172, 6965, 215
5, 087102 ,
8. 80827, 2292LS79
2.S112,9i;>11,7254, 398
1,9073, 413
1(1, 32(16, 5S1529
3691,217
461,578 i
2\ 73,31.8673. 0920. 22S
5, 1021(10
9. 45 42S 09222.87 43. 5703. 42911.6314.241
1.93 43, 2s 4
JO, 29",6. 110700
3S91, 207
221, 537 i
28,700 :1,7596,7575,256 :
5, 130100 ;
9, 141 !31, US25,898 i3. 7Mi ;
4,9.1S i12,9s.);4,109 ;
1,937 '3.313 \10.321 I6,304850
3821, 199
531,533 ;
29, 434 i1,888 ;5, 2455,408
5,208 I112 :
9,197 I31,918 120.740 ;4,4765,059 :
13. 1174,088 ;
1,908 ;3,270 i9, 790 '0, 131 !
637 :
358 :1, 184
46 j1,434
31, 162 i1,858 '2,964 j5,467 |
5, 333105
9, 50931,95326. 7384, 2445,00!
13, 3914, 099
1,9193,296 !9,517 |5,903 \
585 :
342 :
1, 176 :57 i
1,394 !
31,815 i1,913 12,266 !5,479 !
5, 361s9
9, 19531.93526. 7663, 7554, 99313,8214. 197
1.940 ;3, 229 !9.456 i5,912 ;
617 jj
344 !1, 162
541,367
30. 112 !1,890 !8,044 !5,527
5.3-sl115
9.14835, 13529,9174,8106, 532
14. 3574, Is8
1.9923, 22610,6375,850 s
1,652
5041,161
831.387
31, 3951,838 :7,981 i5,633 ;
5, 48(1121
8. 87937.39132, 4675. 6366, Sb3
15. 7004. 188
1,850 ,3,077 ;
9, 788 :
5,6621,046 ;
491 !1, 150 i
941.345
32, 5361,852 j5,6525,688
5,530 '119
8, 716 136,35831,4144,860 :6,991 :15,6853,878
1,881 !3,003 :9, 4855,5421,014
4241, 158
28 ;1,319 :
33, 0881,840 !4,777 !5,837
5,077120 I
8,593 ]
37,00332,3474,478 i7.029 |15,988 i4,852
1,725 i2,9319,479 i5, 628992
3791, 157
47 .1. 276
35, 5331, 9223, 0725, 960
5, 792123
8, 81737, 03532, 2823, 5247, 035
10, 2504, 873
1, 81.82, 9359, 7045, 7351, 127
3581,145
741, 265
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S-16 SURVEY OF CURRENT BUSINESS November 1943
Monthly statistics through December I 19401941, together with explanatory notes !
and references to the sources of thedata, may be found in the 1942 Sup-plement to the Survey August
FINANCE—Continued
BANKING—Continued j
Money and interest rates:1Bank rates to customers: I
New York City percent..!7 other northern and eastern cities..do.--_!11 southern and western cities do j
Discount rate (N. Y. F, R. Bank)_.._do--._iFederal land bank loans do jFed. intermediate credit bank loans.. _do IOpen market rates, New York City: j
Prevailing rate: \Acceptances, prime, bankers, 90 days I
percent.-1Com'l paper, prime, 4-6 months..do jTime loans, 90 days (N. Y. S. E.)--do !
Average rate: \Call loans, renewal (N. Y. S. E.)_ .do jU.S. Treasury bills, 3-mo do |
Average yield, U. S. Treas. notes, 3-5 yrs.: jTaxable* . percent.. j
Savings deposits: jSavings banks in New York State: j
Amount due depositors mil. of dol . |IT. S. Postal Savings: j
Balance to credit of depositors do jBalance on deposit in banks _..do_...'
CONSUMER SHORT-TERM CREDIT |
Total consumer short-term debt, end of month*!mil. of dol-.-L
Instalment debt, total* . do. . . _|.Sale debt, total* - do..-..;.
Automobile dealers* do. . . J .Department stores and mail order I
houses* . mil. of dol j _Furniture stores* do _.I.Household appliance stores* do i_Jewelry stores* . . , do i.All other* _ _ do !.
Cash loan debt, total* do i~Commercial banks, debt* do ;
Credit unions: jDebtJ do.. .-!Loans made____ do !Repay mentst do I
Industrial banking companies: jDebt do. . . . |Loans made do !Repayments do j
Personal finance companies:Debt.. . . . --.-Loans made.. . . _._Repayments..
dododo
Repair and modernization debt * doMiscellaneous debt* _ do
Charge account sale debt*.. - - - doSingle-payment loans, debt*§ _ doService debt* . __ . do
Indexes of total consumer short-term debt, endof month:*
Unadjusted 1935-39 = 100Adjusted do
INDUSTRIAL AND COMMERCIALFAILURES
<}rand total numberCommercial service, total _ doConstruction, total doManufacturing and mining, total do
Mining (coal, oil, miscellaneous) doChemicals and allied products do -Food and kindred products do .Iron and steel products doLeather and leather products doLumber and products _ . . doMachinery do ..Paper, printing, and publ ishing, . . doStone, clay, and glass products do _Textile-mill products and apparel . .doTransportation equipment doMiscellaneous do
Retail trade, total . doWholesale trade, total . do
Liabilities, grand total thous. of dol.Commercial service, total doConst ruction., total. doManufacturing and mining, total . . do
Mining (coal, oil, miscellaneous) __ do. . . .Chemicals and allied products doFood and kindred products doIron and steel and products doLeather and leather products doLumber and products do
2.052.712.731.004.001.50
.44
. 691.25
1.00.375
1.31
5,949
1,683
1131716
1703230
3577070
2341214
G49
1, 488134159504
645384
00
79
1.00 !4.00 !1.50 !
. 4 4 i
.69 !1. 25 i
1.00 ;,370 !
1. 25
1,344 i2 0 :
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§Formorly designated "open credit cash debt."f Revised. f For bond yields see p. S-20.% Revisions in 1941 data for credit unions are shown on p. S-15 of the January 1943 Survey.*Xew series. Earlier data for the series on taxable Treasury notes are available on p. S-14 of the April 1942 and succeeding issues of the Survey; there were no tax-exempt notes
outstanding within the maturity range after March 15, 1942. Earlier figures and a description of the data on consumer credit appear on pp. 9-25 of the November 1942 Survey; sub-sequent revisions in 1941 data for total short-term debt (dollar figures and indexes), total cash loan debt, and commercial bank debt are shown on p. S-15 of the February 1943 Survey.There have been additional revisions in the 1941 and early 1942 figures for the series revised in the July 1943 Survey as indicated by an " r " on the figures in that issue; revisionswhich in most cases are minor, are available on request.
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November 1943 SURVEY OF CURRENT BUSINESS S-17
Monthly statistics through December j 104*1941, together with explanatory notes jand references to the sources of the j ~data, may he found in. the 1942 Sup- Sep-plemont to the Survey I tember
1942 !i
Otto- Xovem- 1 >ecem- Ju n-ei ber i ber ber ai <r
_ i _ ___ __ _ _ _ _ _ : " _
F1"N A\CE- Continued
1943
Fary11" i M a r c h ! A I ) r i I j ^ a y \ J i m o July j August
INDUSTRIAL, etc., FAILURES - Con.
Liahiiities -Continued.Manuiactiiiinu and mining ("on.
Machinery _ thou^ of dolP >pei, piintmcr, and publislmm . doStone, elay, and das> product<? . doTextile-mill pioduets and appan 1 doreimportation equipment, - doMii-edlaneou^ - _ do
Ketail nade, total.. . . . . do -A\ hok^ale tinde. Uta l . . . - - . . . do .
LIFE LNSITRWCE
\>-<.f u t ion of Life IiiMiiance Fiesidi nt->:Assdf, admi t ted , rot-iU - - .mi l . of dol
Moit 'iaae loans, total- . - - doFaini - - - - - - - -- 'loOther . . . do
Tl( d-i-statc holdiims _ _ - doFoil \ loan5: and piemium notes doPonds and stoekb held (book \aluei, total
mil. of dol(k»vt. (domestic and forj, total-- <lo
\J. b. (io\eminent-.-. - do"Public utility. -- - - - - - - d,Itaihoad- . ._ - - ._ . . doOther - . . - - . . - - . . . do
e v h . . . _ . . ---_- doothci admitted assets. _. . . . do
iiisurance \\i itteii'0Folu i's and ceititicate s,total . . thou*
Cioup doIndustrial... - . . - doOrdinary - do
Value, totalj tlious. ol dol(Jroiip - d o .Tndustiial _ doOidmar>t -- - - - '*•>
l'i< m u m collections total's*-.Annuities ._ - -
2n ', >'s12 (II 1K !(!-•
I I 1 t2. !' 11
IIJ
dododop
Industrial - . . . . _. -Oidu.arj - - - - - do
In t i tu le of Lift Insuiancr-*Favmentsto polie> holdervuid beneficiaries
' total _. ' thou<. ol doll)ealh (laim payments . _ do , . .Matured endowments. doDisability payments _ doAnnuity payments __ _ _ _ ._ doDuideiuis _ doMirrender values, premium Doto.etcdo
Life Jiwirtjuv Sales Research Pureau:Insurance wiit ten, oidinai>, total ....do
New Enqland - . - - doMiddle Vtlantic - _ . . . >!oFan NoUh Central . . . do .W'^t \ o i t h 'Vnti.il - _. - >\oi-outli Athntic. ._ . . . . do _ _Fas! ^outh Central . . . . doAVes! South Central _ do
<R 77X111. vs12'.». x'^7
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JVl fh '>,psf rate . . _ l!»2,*-2t>-- if
MONKT1RY STATIST H S
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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S-18 SURVEY OF CURRENT BUSINESS November 1943
Monthly statistics through Decemher j IQIO1941, together with explanatory notes jand references to the sources of thedata, may he found in the 1912 Sup- j Sep-plcment to the Survey I tember
1942 1943
August ! Sep- J Octo- I Xovem-; Decem- i Janu- : Febru-tember | ber ber I ber I March April j May j June ; July j August
FINAiS CE—Continued
BUSIINESS INCORPORATIONS
Xew incorporations (4 States) number...
PROFITS VM) I > I \ 1 I ) I : M ) S »
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l ion m d sHel (17 cos ) <lo\1 'clunet \ d 9 cos ) doVutnmobiles ' 15 cos ") do
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November 1943 SURVEY OF CURRENT BUSINESS S-19
Monthly statistics through December1941, together with explanatory notesand references to the sources of thedata, may he found in the 1942 Sup-plement to the Survey
1943
Sop- August tenibcr
1942
Octo-ber
x cm- Dtcv v,HT brr
Janu-ary
FINANCE-Continued
1943
Febru-ary March j April j May June Ju ly i August
PUBLIC FINANCE (FEDERAL)—Con. j
Government corp. and credit agencies -Con. jLiabilities, other than intoragency, total j
mil. of dol..!Bonds, notes, and debentures: ;
Guaranteed by the U. S do :
Other do _;Other liabilities, including reserves- do _ _ j
Privately owned interests do jU.S. Government interests do _. ;
Reconstruction Finance Corporation, loans joutstanding, end of months t j
(fraud total.'.'. - mil. of dol..!Banks and trust companies, including j
receivers.. mil. of doLjOther financial institutions do <Railroads, including receivers do !Loans to business enterprises, except to aid :
in national defense mil. of dol. _!National defense do jOther loans and authorizations ..do ;
SECURITIES ISSUED !
s cunties and Unhang' Co'nni'^io.i j
• si i,n U^d^ioss pioeeeds, U)t \[ mil of dol13 \ tj p^s of sec i i i i t \ .
B HUK, notes, mil debentures, tot il doCorp n ale - - <lo
L'lef'nred stock . . do'oiiimon stock _ . . . d >
\i\ t vpea of Js-uers' ' >rporite, tot U._
Public utili*> , . - -Rn lOthei (10 iles l i te t i id lh i inci i l
You corp n ife t >t il >3\) b (}o\oiniiii"it.-4 ite and piuiu"ip il
\ s\ Coiporate secuiit?, issjj ^i "kited net pioccds, lot il
i'toposed uses ol piocu d-\ w monm, tot i!
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R < 4 p i \ m e a t o f d e b t a i d i t i n M U i t o t
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Otl • r p u j p o s t s d )"i t iDosi d u se s )>\ m ijor H U M I D - }
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NOW 1110th 7 (1 >lit p i\ tui m of d e b t a n d r t f m n i i 'if < !
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4,0811,2745, 560
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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S-20 SURVEY OF CURRENT BUSINESS November 194
Monthly statistics through December1941, together with explanatory notesand references to the sources of thedata, may he found in. the 1942 Sup-pletnent to the Survey
jj Sep-i tember
1912 1943
;M p- i>vta- \ "o \e in- l>e<vm- Juiui- Febi u- w v * i ^T I T -fcinbi-i bei ber b.-r -u v ' a n , ^ t a r c n A p i d M.i \ J u n e Ju ly Auiiu<
\ I \ WCK Continued
SECURITY MARKETS
Brokers' Balances (IN. Y. S. E. memberscarrying margin accounts)^
Customers' debit balances (net) ...mil, of doL.; 770Cash on hand and in banks . . . . do ;Money borrowed . _ _, __ _do | 770Customers' free credit balances .do. ._. • 320
HourisP r i c e s
V ' i n i | i i u ( f i l U i ivd b o m 1 ( X Y - Y )
I ) >'n<s{1( . d o l ( o >7I O K i - l - <io 72 J1
M m d , i . i m d P o o j s ( , t p o t 1,101I i H l U s H l ' l Ul lit It - il'<l i j]U
l l i - h u < , d t r . b o i K i s (to) ] , u M i d i n i ij) sM c d i u i r and lowu LI u h .
Composi te (",0 boi . i l^ . do n o \i n d u - t m K (lo no-HJe ,< 1 1 7 {
r u t , h e u i ihr ie- (J* bon '- <io n " 7K a ' r r . i . K (20 bond- (.» <.x 1
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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November 1943 SURVEY OF CURRENT BUSINESS S-21
/lonthly statistics through December 1 10491911, together with explanatory notes jand references to the sources of the jdata, may be found in the 1942 Sup- j Sep-plement to the Survey j teniber August tember
19 i2
Octo-ber
X()\ VIT,1 ber
Decem- Janu-ai>
I1 •'biu-ary I March j \pul M a y June July j August
FINANCE—Continue d
SWK RITY MAKKKTS Cojitinu-dStocks Cuiiinuod
I ' I K ( » C ( i i u i r i ' n . f l
Now Yoik T u n e s f,"0 slks ) . . i d per shareInduMi 1 Us (25 siocksi . . . . . . »iuIi.Mlio.ids (25 s iock- ' . . . . . *lo .
-•t 'mdaid and Pool 's Coipoia t ionCu 'nbme. i index (U\2 s lks.i 1<)35 3U JM>
hi iusiii-ils (354 s tocks ) . . •]<>Capi ta l uoods (1 ]<> s 'ofksi do .Consumer ' s <j(H>ds (191 s (Ofks^ _<!o
Public udilU'es <?s s torks _ . <]nPailiOrids (20 slocks . _ __slo
Oilier ISalieS-H inks. \ . Y C. (19 - 'ocks . . .1,1i ne and IIMI :no msuianoo U8 stocks
19!5-3l< 10(1.>'i[< < (>eciiniies and Ku-h-niuo Commission^.
'J iA \\ on -ill ic-LMstoiod e \dnn<jes\1 nke t Ndluo . . i hous . of .lol .^hates sold th-ni^nd*. .
On Now York Stock l-AChaiuvM i t k e t v a l i K ' thous of .],,] .^han ^ sold. . _ . thousands
Exclusive of odd lot and t o p p e d -al<v-(N. Y . ' l i m o O . . thousand^
Mi i i ' s l i c e d . X. Y S E..Maik( t value, all listed shates mil. ol do]Number of sluice lisied. . . . .milli'ijis
Yield-Yield-Common storks- (200), MoodvV peiccnt..
H.mks (15 stocks. _. . . . do. .IndiisiiiaK • 125j stoiks) - - - . . . d o .Insurance (10 stocks'* _ . _ do .Public utilities (25 ?tocksj <\o .Railroads (25 stocks' __ _ do
Profonod stocks, hiuh-'itade (15 stocks;,Mandaul and Poor's Coip.. .p'-rcent
9»; 'ii
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93. 4
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^ 44] 248
715,32932,704
23, 416
1\ 877J.4(>9
4 '3 (»4 23. >5.46.4
4. 03
9 . s . S O1 6 9 . ]«.»2N -13
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120.8
930,724 i43,681 :
782,864 :32,136 j
26,324 i
47,578 !
1,479 i
4.74.1 !4.53.95.5 l
6.8 ':
3.98
(.1 '1
9ti 1S5 ('90. r
94. b
119. 1
597, 90627, 964
508, 86821,227
14, 252
47, 7101, 489
4.74.04.43.85. 5
^ •;*«'
3. 97
FOREIGN TRADE
INDEXES
Exports of IT. S. merchandise:Quantity 1923-25 = 100,Value . . . do.Unit value _ do..._
Imports for consumption:Quantity . . . do . . .Value do. . _Unit value - . . . . . do . . .
VALUF4
Exports, total incl. reexports thous. of doLExports of U. S. merchandise do . . .
General imports doImports for consum ption do -. -
327
88
1,233,0671.216,387280. 466279, 305
199 215185 19193 ! 89
7857 I74 I
84 !62 !74 I
225206
92
957074
208 j200 I
96 j
79 !
59 ;74 ,
241226
94
16712776
19018598
18617896
102
75 I
244245101
1098376
300302101
292 ;28999
107 11484 8978 78
703, 096696,245186, 323184, 766
732,014 801,382725,896 794,258196,033 199,750196,755 223,409
786, 860 I 873,145780,753 * 864,866168,079 I 358,787186,715 I 407,417
j
r 730, 265 k 718, 528 |r 991, 641 ir979, 741'723.562 k710. 527 k 977, 200 I»• 970, 334228,214 I 233,959 249,240 | 257.891245, 588 I 245,173 263, 992 I 267, 771 1
264268102
1159079
334 I334 !
100 I
1189581
'1,084,514 '1,002,851•1,075,7871 '996,772
280,883! 302,239284, 959j 307,463
1,250,528 11,242,'300, 286294, 525
,768 1
32232099
12196
,205,396[,194,031315,730306,878
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATIONCommodity and Passenger
Unadjusted indexes:*Combined index, all types.. 19 io-39 -100
Excluding local transit lines doCommodity _ doPassenger . . do .
Excluding local transit line- .. do .By types of transportation:
Air, combined index doCommodity... - - doPassenger _. do
Intercity motor bus and truck, combinedindex.... 1935-39 = KK)
For-h ire truck doMotor bus . - - do
Local transit lines . doOil and gas pipe lines . . d oRailroads, combined index. . . do
Commodity . . doPassenger . . do
Waterborne (domestic), commodity doAdjusted indexes: *
Combined index, all types. . . doExcluding local transit lines do.
Commodity . . . - doPassenger . do
Excluding local transit lines . do .By type of transportation:
Air, combined index .do .Commodity... - do .Passenger do
193201190202284
326372296
21720027313413421820928984
187192185194248
296372245
198 i206 !195 J207 !286 !
343 !406 |301 i
220 i211 !250 |142 !141 !224 >214 !304 i81 !
190 !197 j187 !203 !271 j
313 i407 !
251
203 !211 !202 :207 :276 |
351 i431 i298 \
226 !224 1235 !149 i145 !230 !221 i296 |
77
195 1202 !191 '210 !285 :
323 !421 !258 !
196203192209284
337438270
21821622714715222120931465
194202187218307
356451293
191196181226302
323474224
22221624016215621219533942
194200187218295
348454277
187 1190 ;176 !221 I286 j
319 1445 1236 i
199 !189 I232 !167 !1 5 5 i211 |197 j317 j29 !
194198 !184 \227 '302
376 ;
481 i306
201205192232304
377515286
2112012441.7316322921533634
208214198239326
407520332
203 1207 !193 ;
234 1311 \
379 !
515 i289 |
214 1205 i243 !1 7 1 i1 6 0 '••
234 |216 !347 !35 i
209 !216 1199 !242 !335 j
^388 !515 |304 1
208213196246335
419568319
22220926417216323521737247
214221203250351
r 409
568304
210216199247341
395523310
21319427716915824022237668
213220201254358
'384523292
214219196270386
423551338
236216301175
r 16223721243278
211216196262365
-396
551294
'222'230'206'274'402
439' 576349
'231203
'322168
' 163253228
'44782
'220r 225'206' 266'364
'415' 576309
226234209279415
46(604365
23f20533f16617125723146187
218224204265360
426604309
r Revised.% For revised 1941 monthly averages, see note 2 on p, 8-20 of the April 1943 Survey; revised monthly data for 1941 and preliminary revisions for January-June 1942 are available on
request (figures beginning July 1942 are shown in the September 1943 issue).* New series. For data beginning 1929 for the transportation indexes, see pp. 26 and 27, table 5, of the May 1943 Survey.
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S-22 SURVEY OF CURRENT BUSINESS November 1943
Monthly statistics through December j jn^a1941, together with explanatory notes !and references to the sources of the [• ~data , may be found in the 1942 Sup- Sep-plement to the Survey t ember A
Octo-ber
Xo\eirber
Dm-mbor
Janu-ary
Febm-aiy
1943
March | April \ May June July I August
TRANSPORTATION AM) COMMUNICATIONS—Continued
TRAN SPORTATION—Continued
Commodity and Passenger—Continued
Adjusted indexes*—Continued.Intercity motor bus and truck, combined
index...--.--.-.-.—.---1935-39=100..For-hire truck . doMotor bus. . . . . - - . - . do-.--
Local transit lines .... , do.. .Oil and gas pipe lines . doRailroads... . ___do-.-
Commodity.. _ _. - doPassenger.... - . . d o —
Water borne (domestic), commodity.. do . . .
Express Operations
Operating revenue.... .-.- . - thous . of <iol__ ]_0 perating income... — _. _ . - . - . - - do j _.__._
Local Transi t LinesFares, average, cash rate . —-cents. _Passengers carried §— thousands
. 80041,205,969
Operating revenues. ___ ..thous. of doL_.._______Class I Steam Railways j
Freight carloadings (Fed, Reserve indexes): ICombined index, unadjusted-1935-39=100 i
Coal - . - - . . . . — . - - - - - . d o - - |Coke.. . ._._--. .-- . - - — . . .do . . - .Forest products.. .... — -. . .do. —-JGrains and grain products..- -.-. ._. do.... ILivestock...._._.._._- — _______do——!Merchandise, 1. c. l._. .... — -___do._ —Ore - --___do—-_Miscellaneous . . do— - -
Combined index, adjustedf..-.. -do——Coalf - - - .---doCokef . - do- ._Forest products -do. --~Orains and grain products!--. .doLi vestockf . . - - - - doMerchandise, L c. 1 -doOref- . - . —-_ — d o - -Miscellancousf - — _ do~---
Freight carloadings (A. A. R.):JTotal cars -.._..___.---thousands._
Coal.™-...--..- . d o - -Coke_ - - . — —...--, -- - - do - - -. -Forest products . . do - - - -Grains and grain products - do -Livestock _ — -_.— . „ . - — doMerchandise , 1. co 1—— — — ._ do ——O re - do — —M i s c e l l a n e o u s . . - - - - - - - - - . _ —— ..._do...—
Freight-car surplus, t o t a l — . _ _ _ . _ . _ . _ . . . d o - . . .Box cars __._ .-__ — . _ _ . - _ . . _ d o — . .Coal c a r s . - . __ — — ..__._ — . _ . . . d o —..
Financial operations:Operating revenues, to ta l . -——thous. of doL
Freight'— __- — _ . - . -__ . _ d o . . . _Passenger..___________ .___-_-_-__—do-_-_
Operating e x p e n s e s . . . . . — - . . _ - _ - - - - - - d o . _ . -Taxes, joint facility and equip, rents._do——N e t railway operating i n c o m e . . _do.___|Net income _._._._-.._._._..._._.do...-!Operating results: |
Freight carried 1 mile— ———mil. of tons..!Revenue per ton-mile. _. . _ _ .cents. _ IPassengers carried I mile — __..._ .millions..
Financial operations, adjusted: jOperating revenues, total._. mil. of dol...'<
Freight _.__._._. — _._....doPassenger . . . . . ,_. ..do _..
Railway expenses _. ._ — -_.-do.....Net railway operating income.. — do . -Net income...-._._...,._._-_..._ do ..
15115219315015315166
31415414015219513913711463
209143
3, 5467065917920979
399346
1, 56820
776, 539576,092146, 727478,074188,290110,175
Travel
Operations on scheduled air lines:Miles flown —-_ — ._tnous. of miles..; _ — ._._._
IfExpress carried.___ . -_ ._„ thous . of lbPassengers carried_. .__ —— — —number—! —. . . . _ —Passenger-miles flown ———thous. of miles J
Hotels: ' jAverage sale par occupied room.. . -dol lars . .Rooms occupied —--._-_...percent of total.-]Restaurant sales index „ 1929=100 —
Foreign travel:17. S. citizens, arrivals.-- . . . - . number...! .U. S. citizens, depar tu res . . . . . . . . . . ___do . , —; . . .E m igrants — _._,_ .____. _ .do — — j . — -_ — .Iintnigrants —.. .»_.- ._„ — . _ . . _ . .do -„..,!Passports i s suedc? - - . - . . - - . . do... . . j . . . -
National parks, visi tors___.. . ._. . . do ! 97,667Pullman Co.: |
Revenue passenger-miles . . . . . thousands . L __.. — .Passenger revenues thous. of doL, -_- .
3.9686178
19819621614914221120520462
20120122714714621620629461
12,106 j 12,92277 I ' 88
7.8060 I 7.80601,037,054 i 1,059,727
78,399 ; 78,782
(36175173129
• 101
3 (IsJ 52
• 1 10136ls2H M119106
20t>' loO
1M
301)3"> 2
I 60t>5940
5 i
152 '<142 i184 I167 :139 ;135 I57 i
304 ;162
' 141 ,14218615412410255
203 '' 150
'3 ,503'660 :
56 ;199 ;188 !
71347336
1,647 i43 '28 :
r 4 i
683,807 I 697,792537,412 ! 546,791103,463 I 104,971399, 292 399, 706148,586 r 143,023135,929 '•155,06389,243 105,190
62,405 i. 9 1 7 j
5,395 1
668. 9 I534.2 i92.3 i
' 538. 7 i'130.2
81.6
61, 934.941 •
5,500 ;
662,6517.9100. 4534.7127. 9
21020924714714922121030757
13.31956
7 ov;o], lV>2,86s
S.I, 257
15013818015813916958260163
' 140
138184149139
no56190
r 150
4.512
83771
244247118460373
2, 162
30175
745, 584587, 612108, 322416, 430144,439184, 715
135, 538
66, 019.946
5, 508
660. 8501.9113.0533. 3127. 580.9
21120^2151151.11221205310
14,773153
" S(M,(i
1 100.151'H1.356
14013918613812314459206150136139186140126
58190
* Ho
3, 236
649
16416878356230
I, 534532814
690.108534, 762108,060406. 389134,770148,949
111,310
60, 464.939
5. 663
722. 5553. 5120. 4563. 2159. 3120.3
23322523215415021419932866
18,071157
7 si)»)0
1.25K32M94,24*
1261321931221301135659135
- 1351321843 3713911759189
'144
2. 834612571481766334066
1,371683520
702, 995531,918119,151431,873100, 271170.851
137,101
58, 356.967
6,314
708.4551.0109. 2553. 6154.9
109. 3
21619927116514821420131866
14,29567
7.S0601,239,42893,600
124135193117138985550132
- 13513518413013810257
202' 144
3,531790
17223766421
1,698
673520
671,334514,316111,725424, 201141,829105, 30462, 980
58. 929.934
5,914
710.4553. 8107.5
576. 6133.8
! 92.0
22520628916615023422034571
14,306
78
7 80(10
1.147,971S7, 326
13014518912911290.is48137
' 13911517s13514511361193
r 146
3,056705601602035137055
1,453
41199
663, 534513,191107, 224408,459148,942106,13361, 819
58,102.943
5, 668
743.7576.1117.6591.0152.8
111.2
22821228216615423622036467
15. 363• 6 8
7. SI 161)
1,254,163
93, 720
130144189133131926256138
' 13814418713314211761193
* 145
3, 073706601641875238963
1. 45235157
756, 251585, 252121,448449, 440177,163129, 64784, 651
64,686.956
6,482
739.9560. 4129.5615.9
• 124.0
81.5
23021328516616024322438869
15,803145
7.80601,220,211
92,325
13213318313812410563106143
' 13613318613814011862163
' 145
3,136666591691735839795
1,51935166
748,798570,136127,915442,149179, 590127,059
82,901
62,947.9666,715
766.7578.4138.0623.1143. 6101.5
217194292167
r 16224522639662
16,08453
7.80321,247,526
93,371
13713217914312310162269145
' 13513218113814011262163143
4,150
7927122122272488364
1,92049215
759, 331573, 788133, 581454, 362176,800128,16985, 732
66, 528.9247,008
783.0587.3145.6623.8159.2118.0
228214275177
' 16923621341663
16,31564
7.80321,259,98394,944
1321001621451408663297146
' 12710016614013711363192
r 142
3,1514575017618948386329
1,515
721834
747, 365549,134147,294451, 946185,764109, 655
70, 626
61, 339.948
7,813
749.3557.1142,2629.3119.9
! 78.0
'222207
' 269
184r 172
' 251229
' 41663
16,46968
7.80321,241,051
96, 560
1461461781501729763323147
' 14114618415014311364202
' 146
4,3078426822429565484444
1,886
30114
791,196582, 497156, 628466, 658203, 927120,611' 82, 278
68,193'9148,342
760.9567. 5139. 7652. 5
; 108.4'67.7
21720126718118024922642165
16,57964
' 7.80041,213,35392,566
14514518315015811164312147
' 140
14519114814711763208
* 145
3. 5547055819322662403356
1,5512494
800,233585, 644161,971467, 288208, 384124, 56184, 472
68, 9.50
778. f582. 1144. 4663. 2
115.474.8
8,451 ; 8,099 ; 8,408 . 7,7773.927 ! 4,375 j 4,341 \ 3,97?
283,145 j 273,022 ! 273,162 I 210. 7n1127.393 ! 125,327 j 128 329 i 112 4ss
3.7475
143
3. 7078
131
7,031 j 10,3935,005 I 4,400
344 ! 4231,932 ! 2,336
11.635 ! 19.128330,540 •- 184,993
3.73SO
135
7 , 9 0 25,190
4632.147
14,66776,659
3. 70
7. 171.".. 077
5!)'J1.9! 5
I I , 17351,976
1,843,326 1,925,459 1.961,986 1.006,7149, 63S | 10.169 | 10, 444 10, 052 j
3. 63121 »2. 02 5W. 308
3. .">•»71
132
8. 095•\ 152
v». 217J1 . Mi.1
.869,95210.080
7. ;,IH 7. 585 8,127 ; 8,288 :3. t>00 3.619 4,320 i 4.816
20\380 233,049 265.175 i 280.914101, 111 ; 110,983 ; 124,256 i 132,985
8.323 i 8,410 | 8,881 ! 9,3034, 549 j 4.834 i 5, 261 ' 5, 335
282,103 | 297,760 j 320,096 •• 338,059133,267 i 140,746 i 150,014 ! 156,873
131
»i, 142t. S79398
1, 78211.628
13.211
3.66 :
82136
6,969 ;5. 527
4801,50412,67914.638 •
3.56 I83 i140 :
7,2855,178 |
336 ;1.815 !12,178 !17,751
3.86 !83 !
156 |
9,693 i
5,461 ;385 ;
1.933 !12,772 i32,270 :
3.55
85 !
162 i
11,601 '5, 361
3362,17710,33445,660
3.70 S84 !174 I
12,709 !6,238 !
500 !2,152:9,564 i
3.66 I79 :180 I
8,215 i5,459 !
563 ;2, 192 ;
9. 700
67,345 ! 135,407
4.04
86
200
6. 8484, 326
3822, 32011,763
148,957
,036,175 :1,849,643 2,091,358 2,126,10311,018! 10,151; 11,511 j 11,627
2,105,321 [2,186,161 2,192,301 2,364 069j 11,797 | 12,132 | 12,007; 12.904
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November 1943 SURVEY OF CURRENT BUSINESS S-23
\fontlil> htatislios through Decemhcr jqrt1911, together wilh explanatory notesand references lo the sources of thedata. iiia\ he found in the 191-2 Sup-plement lo l\ Survey
COMMUNICATION S
M'P-teinbrt
1912
M'p-tembcr
1913
>(k'>m" ^i""" b'wlU' , - M a r c h VJ)ril M a> | J l l I i e I J l i 1^ j August
TRWSPORTATION \ M ) COM.Ml MC \T1O\S Continued
.Telephone carriers 1Updat ing Rnenues- Uiou^. <>i dol
Station revenues do _'Polls, message do
Operating expenses doNet operating income doPhones in sen ico, end of month . ihou^
lViegraph and onbW earnersOperating revenues, toiai ihou.-v oi dol
*1 eleuraph c a m e r a total doWestern \ nion Telemaph Co.. re\ emus
irom cable operations 'hou-.. o! del(.'able carriers do
Operating expenses doNet operating revenues doX»*t income trans, to earned surplus do
Radiotelegraph carriers, operating levenuesihoiis oi dol
78, 97.1' 15,278
M> sirfi19,s7i22, ) 19
1 1. 2s213, 254
7121.02S
S ], 9321,031' 100
' 991
13S.015 ,SO, 1134."-), Osu
22!s i t . '22.146
14 61713. f.O(i
1, 01 >s11,912
MtW
142. S»Vtv2. ;.07l\lf.l
<s9, 20020, .53722. 2s i
14,956
12.17!»!,33f.
si 2
110, 417SI, 570if) 506X7.MI0 i24.310
t, 2,"0
i 099U.b25
1 23765s
i.007
1 Ik ls3
50, 7'W)•»7, HI21, o\S22. Ml
15,9701 1 , M>7
J.XO.i13. lvj1 927
1 H». uhSS3, M0'>U, 27190.310 •'21, 147 !22, S3: i
i 1. 2."3' 13. ],>
il,70'2' .'3.")
199
f 092 ,
I 12. :>7hs2, 1254s. 2s6S7, 59121,29*22, 947
13.66312, 729
; 793i 931
11. I l l
1,033
150.3 5285, 2s7 ,53.122 ,93 ,7s3 ,21,09023, 121
15, 7t.H1 \. 077
• 12.K)5' 1,072
712
|
117, 940S4,94151,14492, S9721.00923, 285
1 d>,023
- 933 |1,257 I
» 12, 101 |
S24 !
51,84196, 62420,09823, 510
149,989 ! 149,02084,733 | 85,56153,089 i96,127 |20,79123,408 |
1 16, 234»- 14, 997
! 934 I1 1.237 I
1 12,409 i1 1 , 9 5 1fll, 323
1,116
152, 52384,42656,25398,43921,24023, 595
1 16, 7921 15, 563
i 955, ; i 1,229
12, 673 s 13, 502' 1,821 ! 1,310
397 364
16,459[ 15,253
5 890 !1,206 ;
1, 008 1,105
152, 54881, 50156,37397,50220, 75823, 685
« 16, 750! 15,553
1 976i 1, 198
1 14,886i
1, 103
CIII;\IK;\LS W D AIJJKD PRODUCTS
CHEMICALS
Methanol, prices, wholesale:Wood, refined (N. Y.) _.doL per gallon 0, 63Synthetic, pure, f. o. b. works do ..' , 28
Explosives, shipments thous, of lb _;Sulphur production (quarterly): ;
Louisiana. . . . . . ._. . . . . . long tons..! 189.380Texas -.. - do . . .! 426, 052
Sulfuric acid, price, wholesale, 66°, at works jdol. per short ton J 16. 50
FERTILIZERS
Consumption, Southern Statesthous. of short tons _ 251
Price, wholesale, nitrate of soda, crude, t. o, h,,cars, port warehouses* ... dol, per cwt 1. 650
Potash deliveries short tons .Superphosphate (bulk):f
Production - - -do .. ._.. „Stocks, end of month . <lo ,
NAVAL STORES '
Rosin, cum: :Priced wholesale " H " (Savannah), bulk i'
doL per cwt J 3.95Receipts, net, 3 ports bbl. (500 lb.) JStocks, 3 ports, end of month. do ..... i
Turpentine, gum, spirits of: :Price, wholesale (Savannah) f. doL per gal . , 66Receipts, net, 3 ports '. bbl. (50 gal.);Stocks, 3 ports, end of month . . .do j
OILS, FATS, AND BYPRODUCTS !
Animal, including fish oil:Animal fats-J
Consumption, factory _ thous. of lbProduction _ -. . do .Stock, end of month . do
fireases: jConsumption, factory . . doProduction * . doStock-., end of month do
Fish .nls:iConsumption, factory, , do1'roduction . doStocks, end of month . do
YeuetaMc oils. totJiirtConsumption, crude, factory mil ui lbProducuon . . „ doSlocks, '-ud of mouth
Crudi doKenned - - <lo
CtK'onut or copra oilp
('null'K.-tund
ihoiis.
0.5H 0. 58.28 .28
41,709 42,571
.... ' 148,570: 739,665
16. 50 16. 50
0, 58,28
41,407
16. 50
0. oh. 28
41,477
0. 5S.28
30, 626
147.850645, 380
16. 50 10. 50
0. 08.28
33, 39228
6') 2S2
0 •>>2S
iu 151
139,"05"i2;. 106
lu 50
0 t>328
if), s')3
172, 9 tf191 ()7(>
1»» 50
0 bi2S
36 570
lt> 50
0 bi2S
12,020
169 1,325 1,281 800 387 : 117 87 ; 140
1.650 1.650 1.650 i 1.650 ! 1.65061,310 32,543 • 67,006 ' 59,250 | 57,471
501,592 \ 574,721 i 554.067 ; 547,576 •' 571,369 577.842 577,281 I 611,773 560,346 ; 585,937 i 580,139 555,477 I 608,427t,070,785 ] 1,296,529 •1,271,890 1,197,472 -1,148,688 1.143,446 1,025,992 843,764 610,744 591,127 ; 737,004 813,074 i 849,497
1.65059,371 |
1.56,
650439 ,
1.o9,
65084.6 ;
1.54,
650855
1.67,
650876
1.65001,637
1.65056,586 ,
1.64,
650616
2.91$5,41545, 937
, 5^10, 42139,821
24250
945
3. 30. 713,079
. 60,290. 705
3.5018,
263,
6,49,
922434
. 64474525
19.267,
6,51,
. 16132144 ;
.64047913
20277
t'
i. 43, 108
5 it;
.04, 806,900
H. 507.817
276, 791
.642,102
57. 627
3.48 j; 7,728 !i 265,912 |
. 6 3 i1,105 {
55,071 l
25]
151
3.57 !,572 |,799
.64 1.548 !.321 !
3. 5013,437
253,134
.645,892
54,095
17249
858
3.54,992,087
,63, 035,481
3. 5519, 719
246,127
.6610, 50866. 518
17221
1579
3.73,587,988
.67,012,784
416,
202,
.00748298
.679, 239
84, 851
120.213Vis.
16.11
U)7
14
17s
10
2659635 '7
2153137s7
219
212
72t>
0262Ls
137. 997220,217-51!. VJ6
12. 5 Itt12, Os»l
104.02*
15,31027,291
17s,'217
764U2
i: 12
136,223.2b9,
51k"
11,20.
207,
s,
621717713
2390s1!132
1.V1
312132
s3 4299
n 5s2 59
10s,
n,15.
101.
20S,
7.
.55*
333
9 If.
815
419
%
in,290.3o»;
1150
10s
it,15
215
7
lt.fi597OIG
7H'91257U
373
Ti.'i)1440?
P J
114,315263, r->t')02D5. 350
i\ 599107. 101
^3 Hit6. 120
201. Mj 4
3i2402
92243s
i. 1 \2
U0.U71237,93129«, 9ss
57. 59315, 136
')<i, f>s;-s
13 ,8904,301
201.701
35!)
13S
7. 117.J. 123
118,521210,021290,45S
01,06715. 023*7, 4<>0
12, 4 S3736
197,053
311352
967lit.
7. I2'23. S5U
H I . 060223,448 !308,14S
59, 85716,031s i , ISO
15, 3261,169
195, 551
313321
923
m
7, 31 is3, 690
100,668276, 540307,190
•51,15847. 80751,770
21. 9652. 637
177,148
27627 t
'I. " 9 !"). 0 ' 9
94. 700269, 652359, 464
57, 89049, 87382, 475
21, 5*912,767
158, 764
293270
7SS400
Is. 970s, 15s
81,434274, 402375, 404
45,41949,310
100, 480
13,83814, 776
155,910
225220
749359
21.8014, 885
95.052256, 596398,998
64, 34047.851
101,138
16, 54724, 120
148, 845
261258
734287
32, 0729.522
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S-24 SURVEY OF CURRENT BUSINESS N o v em b e r 194 3
Monthly s ta t is t ics t h rough December1941, together with explanatory notes ;and references to the sources of t he \~da t a , may be found in t h e 1942 Sup- j Sep-pleiTient to t h e Survey
1943
Sep-tember
1943
I aim- j Febru-ar\ | ary
March ! April j May | June July j August
CHKMICVLS \ \ I ) ALLIED PRODLCTSContinued
OILS, FATS, AND BYPRODUCTS—Con.'
Coconut or copra oil—Continued. •.Production:
Crudet thous. of IbRefined -do
Stocks, end of month:tCrude . doRefined do
Cottonseed:Consumpt ion (crush) . thous . of short t o i ^ Vif*Receipts at mills..-. do l, r>>>Stocks at mills, end of month. . . . . . . . . do 1 , oni
Cottonseed cake and meal:Production.. _. . _ _. short ton*- 229, 5'JSStocks at mills, end of month. . . do . 48, 512
Cottonseed oil, crude:Production _.. thous. of \\> 152, SnlStocks, end of month . . do MI. X'ji
Cottonseed oil, refined:Consumption, factoryJ- _.. do
In oleomargarine_ _ _ 1 - - -do . .Price, wholesale, summer, yellow, prinu
(N. Y.)—- — dol. perlh .110Production . _ thous. of 1 h yo, 451Stocks, end of month _ .do - 12t>, 583
Flaxseed:Duluth:
Receipts. . . . . thous. of bu .-5, 173Shipments __do I 1,899Stocks . do j 1,701
Minneapolis: !Receipts do ! 8, 982Shipments do ; 855Stocks do ; 3, ] 59
Oil mills:}: iConsumption . do !Stocks, end of month do j
Price, wholesale, No. 1 (Mpls.). .dol. per bu..! 3.05Production (crop estimate)._.thous. of bu. J « 51,486
Linseed cake and meal: iShipments from Minneapolis._thous, of lb. J 53,040
Linseed oil: |Consumption, factoryt - .- .do I .Price, wholesale (N. Y.) dol. per lb . . | . 153Production! thous. of lb_. |Shipments from Minneapolis do ! 31,440Stocks at factory, end of month . . . . . . .do I
Soybeans: !Consumption}:.... ________thous. of bu__l___Production (crop estimate) ______ do ____ji 206,868Stocks, end of month do____j . . . . .
Soybean oil: jConsumption, refinedi . . . . . t hous . of lb._! . . . .Production: j
Crude t . . . . . . . . . .do JRen ned . .__.__-__do S .
Stocks, end of month:Crude . . . . . do___Refinedt-------------- __._do-...
Oleomargarine: IConsumption (tax-paid withdrawals) §.do..__ I..___.._._Price, wholesale, standard, uncolored (Chi- j
cago) - dol. por lb__j , 165Productions thous. of lb. J .
Shortenings and compounds: jProduction.. . ____. do. ___!_.Stocks, end of month i.. do L . _ _Vegetable price, wholesale, tierces (Chicago) }
dol. per lb'__i . 165i
P A I N T S A L E S
Calcimines, plastic and cold-water paints: ICalcim ines thous. of dol__!_____Plastic p a i n t s . . . . . . . . .do LCold-water paints: I
In dry f o r m . . . . . . . _.-..do__._!___.__._.In paste form, for interior use-_. .-_.do I . . . .
Paint, varnish, lacquer, and fillers: jTota l . ,___-_ . . . . d o . . . . i.. ,.
Classified, total __._.___..__do____j_________Indus t r i a l . . . ______,___do !__._____.Trade .___..___ . . . . d o . . . . . ..
U n c l a s s i f i e d . . . . . . . . . __>___do_.__!..______.
4, _NJ
Us . 1.02
( J)i, s2J
V. Ill* f 2*>
' 1,00]
' M i l2. 370
12h 7 3')7, 2U
lob I1J7, 21 3
71 IMi
1 . 7 1 1
7, 472
i l 071
3tu
E L E C T R I C P O W E R
Production, total ,_ mil. of kw.-hr.By source;
Fuel . . . . . _ , _ _.__.____ doW ater power _ _ _ _ do _. _
By type of producer:Privately and municipally owned electric
utilities . .mi l , of kw.-hr .Other producers. . . . . . . _do___
18, 840
13, 4755,364
16,0562,784
29, 38328, 7Mi
11.312
•U, 42b214 t._2
r l t . l , 4t,9"J2, 203
J JO, 95213 Jb7
no' M 751
171 459
5J7236 s379 j
j5,438 \
483 I
7502, 066
5, 678465
2,734
3,899 i 3,7785,467 ! 10,347
2.40 | 2.43 '
3.30 025
IA\ 37715, (.12
. \?7If»*», 591)2(11,427
2, M(.2, 3982, 304
5,564'554 i
2,780 ;
4, 44511,938
2. 46
317 5 ^117.77s
L'y 1.02292, (>72
34,200 j 54,640 [ 47,240
44,407 j,136
76, 30821,850
230, 252 j
46,726 ;.134 I
72,023 I22,750 I
242,879 i
44, 383.131
84, 78524, 850
273f 101
6,218 | 6,081 j 6,893
5,931
58, 478
57,41362, 407
68,896 !67,761 !
1,120 I
63,940 I
55,389 !60, 879' i
52,456 j55,134 j
25, 213
60, 393
64, 45155, 435
51, 36451, 234
217, 10*157 My
119, 374V>, 12«,
.140l M . ' h t i2.-4.71^
828 :1,665 !1,437 I
1,320 !252 !
2,535 \
3.993 I11,254 !
2.43 I
JU), SHJ157,212
1 17, 10921,d35
1 . ] < • ' »
2.3 4 9127 5 . * ><>
]\0151,4(6o27, hit*
,K'2l
30 ;n)7759
',.317
17, 71J i t 05! IK (.733,0(»S A. 151 3 181
ol 7 ' 2 171. M\ 1S8, 1_M !4 ,18* 4 l t y 4.417 j
33201
4S1
U725
177
),078 .5,300
>, 275 ;1,908 ;
92 :18 :
103
664211
166, 2.4, i:
l2A,] . « \ i
11'..26.
1 3 1
31\
7021 o2
14059"
1 16. A{\) 93, «js« o7, 569'39.853 37,431 36,258
lit)! 640 by] 472 OoifcSI
131.575 112,241 93, 7<>325,1^7 lo (>2i o jii7
140 .140 .14(1119 7(»»> 89,83(. 65,(»77
318.303 299,817 266,5r>7
41, <29J
82,
364 :523 :
858 I736 i
140 !797462
614790
;, MI ;,593
S 768 I,825 i
:, 318•,051 :
,140i, 620', 0S1
366887916
744110
2, 269
! 3,817i 11,682I 2.56i 2 40, 660
24 !
o i940 |
581 i186 !
1,865 1
3,713 |9,000 i
24 i 10 !2 ; 0 !
963 I 972 |
627 i 1,265 \165 | 305 I
1,288 | 871 ;
3,582 I 3,383 !0,746 i 4,910 |2.97 i 3.17 i
104 !173 :904 ;
1,311 I113 i868
3, 2643, 5843.21
56,820 ! 64,740 60,660 j 45,180 j 44,100 j 46,320
40,198. 127
77,04525, 560
291,212
8,145
35,356
49,691 I
75,393 i58.061 !
62,26851,476
i 40,879i .129! 73.569j 27,780j 297,244
1 10,058 I:2 209, 559 !
37,820 !. 134 j
71, 78026, 280
289,245 !
41, 558.143
69, 34628,560
278.601
46,320 j.153 i
I 63,214! 38,100! 288,551
252 :329827
813 i333 i412 I
2,688 !2,993 i3.16 I
252547532
68011797
3,713 i2,389 i3.05 I
3251549
632"151
3,1093,8153.05 :
11,4378. 952
153.1423,682
133391349
5b, 97829. 241
40,01032. 588
107.65420, 650
.14027, 839
339,909
522145
^426
4! 988'801
100r '
3! 51510, 133
3.02
41,520 \ 45,180 | 32,820 ' 40,980
44, 375,157
62, 29839, 360
263, 561
44, 265.155
50, 69140,380
228, 796
48,780.153
71, 31636,060
191,855
! 43,161 i! .153 !! 60,976 II 29,340 i! 189,798 !
46, 247.153
67. 98127; 120
177,211
12,293 j 12,215
34, 938
53, 608
92, 32665, 414
83,41657, 080
31,353
62,320
109,70473, 875
99, 15663, 545
28, 782
80,168
107, 73989,103
108, 73569, 995
24,379 ! 29,537 I 35,403 ; 39,371 42,151 j 53,31.1 j 50,98-1
.150 i38,495 !
j125,918
50, 953
. 1 5 0 I39,604 j
117 :36 ;
219 !385 i
41.106 !36,93516, 74820,187
4, 170
158.10743, 583
14733
196410
43,02837, 78217, 24320,540
5, 246
.150 I46,283 ;
130,33641, 142 ;
. 1 6 5 •
100 ':45 >
190 !481 ;
44,122 I39.186 ;
17,906 !21,280 !4,935 !
.150 i47,635 I
.150 I42,099
.150 ;
61,984 I
96,22937,853
| 117,915| 42,648
i 119,7-18 i| 43,230 |
177456 :
38,12234,31516.221 i18.0943.807 ;
,165 :
10433
153394
37, 14133.51816.90516.6123, 623
114 :45 !
154 i360 ;
37,843 i33,677 j16,221 !17,456 I4,166 !
.16362, 982
124,95841,28S
,165
104 i34 ;
169 !443 !
38,392 :
34,530 116,726 !17,804 j3,862 I
13,066 i 14,892 13,635 I 12,709 | 10,580 \ 9,853
28,325 I
95,622 !I
115,321 I96,989'i
126,507 \73,753 I
26,230 I
89,614 I
131,833 I105,341
126, 33284, 221
20,607 I
80,903 !j
122, 746100,182
129,16196, 092
.7,482 ! 32,363 | 20,651
17, 246
93,025
114,814109,617
107, 92997, 481
14,692 I
66,462 I
96,314 I70,707 ;
123,937 j93,289 1
24, 509 31, 082
70,045 !.165 !
43, 120 I
134, 785 !38,272 I
134,11144, 603
. 165 130,775 I
122,568 I51,920 j
.165 i36,062 I
126,98948,571 !
.165 ;
.165 i43,956 I
i3, 167
.165
12342
234590
46,39842, 71019, 89722, 225"i 275
12845
235611
50, 92346, 22120, 90725,3134,702
12]43 j
266 :
565 :
51,435 I46,710 I21,830 !24,880 I4,725 !
157 i41 1
283497
55,482 !50,28222,750 I27,5325, 199
9134 ;
251422
50, 10745,36921,34424. 0254,738
9,048
89, 617
91.23886,365
120,65790, 596
38, 144
,16553, 950
119,23955, 065
13441
286411
51,05946. 166-22, 90223, 264•1, 893
ELECTRIC POWER AND GAS
16, 262
10. 9465, 315
14, 0472,214
16,114
10, 8955,219
16, 753
11,2445, 509
13,804 ! 14,2822,310 i 2,470
16,459 I 17,681
10,726 ! 11,5715, 733 I 6, 110
14.086 i 15.2372,373 I 2,444
17,651
11,2556, 396
15,1702,481
16, 110
10, 2205, 890
13, 9362,174
17, 829
11,2056, 623
15, 3772,451
17,
10,6,
238
474764
14,8242,414
17, S65
10, 6697,196
15, 2762, 589
18, 080
11,5996, 481
15,5212,558
18, 668 I ' 19,. 206
12,4586,210
15,9992,669
' 13,315r 5, 891
16, 480' 2, 720
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November 1943 SURVEY OF CURRENT BUSINESS S-25
lontiilv statistics through DccemlMT .„, , ,I'M J, t o.?<-flier with explanalory nol«*s v n A
;tn<l r«*f<*rt"nr«\s lo the sources of the -data , ma> !>«• found in the 1<)12 Sun- ><i'-r»Ji»m«'fit tit I h«- Surw> tt'T< h< '
KLECTRIC POWER \ \ D GAS--Continued
1913
\Tunh A I T I June July | August
ELECTKIC I'OWEK—Continued
J!«S to u l t u n ile u i ^ t o m i r o , lo i^ l i i\}i on.Klo -fih I i w i l u n ^ nn l of «»w h:
Hi M<U ill u l or d o m i c i l e _ doRural M i - h u r t rura l i ^ s i .lo< unni 'Mcnl a n d ind i i s t ' i i!:
•^iinll liL'ht and po\\t r d »J iT'Ji lj»l'* 'Ul'J J)OU<T <h>
-Mn>' t a n d ! u e h \ \ o \ l m t i t m i i <!<>' »f iii'i m i ! Me a u t h o t i i i - d >I l . i ' l u I ' iMi! I u lKMti- , '!<l lUt rd i ]U» t m lit ll n o
it o M'l'1 f r o m *- i l e^ t o . M u n i a t " f a> i«UiMi-
Malillf li. 'UK'd U INCus toi ) r>. lot il . thous mds1
Doi'i ^tic . . . (loMuiise MffUiiu doIn 1'ishidl and common, h i do
MII > to consumers, total m.l.of eu. ftDomestic . . (hilion-1 matins: _ . d oJndu^tii.il mil c )mmereial _ do
K'Hona'1 ftom s.ilos to consumers, totalthous of ilol
]></iiiesti(l . . doII.MW heat my _ _ <ioInduMn il find conini"rn il do
Natural MsCustomers, total thousands, _• . . ._
i )omestic do IIndustrial and commercial do j
Sales to consumers, total mil. of cu. ft._|Domestic do jIndl., coml., and elec. generation do !
Revenue from sales to consumers, total !thous. of dol_.|
Domestic do L . _ _Indl., coml., and elec. generation, . d o !
A L C O H O L I C B E V E R A G E S
Fermented malt liquor:f IProduction__ thous. of b b l . JTax-paid withdrawals _ ..doStocks, end of month _. d o . . . . J
Distilled spirits:! \Apparent consumption for beverage pur- j*' poses.. . thous. of wine gal. „ jProduct ionJ- . - - thous. of tax ga l . . |Tax-paid withdrawals. _ . . .do.. _
',3481.690' 773
439258
•lo I 419,040Stocks, end ofWhisky:f
Production do iTax-i>aid withdrawals „ ..do i 4,:Stocks, end of month . . . do j 405.
Rectified spirits and wines, production, totalf ithous. of proof gal
Whisk y....... .__-_. doStill wines:!
Production.. thous. of wine gal..!Tax-paid withdrawals do JStocks, end of month . do ! . - . . . .
Sparkling wines:! jProduction . do jTax-paid withdrawals . do j .Stocks, end of month... do j
DAIRY PRODUCTS
Butter, creamery: jPrice, wholesale, 92-score (N.Y.).dot. per lb..! K 425Production (factory)! thous. of lb . J 120,485Stocks, cold storage, end of month..„ ..do ' 232, 135
Cheese: jPrice, wholesale, American Cheddars (Wis- I
consin) dol. per lb..I .233Production, total (factory)! thous. of lb. ! 83, 590
American whole Diilkf... do I 65,950Stocks, cold storage, end of month do I 217, G15
American whole milk... do | 181, 213Condensed and evaporated milk: j
Prices, wholesale, U. S. average: !Condensed (sweetened) dol. per case...: 5.84E vaporated (unsweetened) do ; 4.15
. t ">0 13 ,712 i H,'.*;•.! U . 0 9 7 31 ,717 l l . s s i U , i 'U : 4 , s i u
. 1 0 1 2. 1" 6 2 , 2 2 ! 2, <12 J. ' 2 2 2. (»7s 2, .".!» 2 ,3s" ,
10,7
15, Ss21.3'.9
12, 056
29,51521,2")11,1157, 008
8,2697, 702
564118,46318, 55796,997
10. 5sa ;9,752 !
3W !
30 M57 I17, 127 !
1,111 I12, 191 I
V 0 ' 7 i22 I N i
1,311 I7, 139 I
M 0 7 i7,738 i
566 i123,464 i19,625
101,183
."<'{ 1
1 is
10, 55',)9, 722
381J45
31,81118,081
13ji>0
3"i, 79f>23, 454
7', (>22
S, 379
137,60526, 711
108,210
33,874 j 34.914 j 41.11314,753 I 15,044 I 19,21818,746 I 19,520 ! 2 ' , 528
•1:12
1U
1U, 5349, 696
3S->110
•W. 11 >16.3198. lOi
J i iY)',
3", t,sl
i.7U8, i23
8. }7.i
156, HO38, 5 s5
114,556
19, 55125, 58223. 614
'J 11»
C71
, 47i! 2, Jsl
"sOS71
711 2t-", 7M» L'.'i. ' i l
10, (Hl39, 75 \
39s112
1"). 9171., Ml13,57711. 5] i\
10. 5 's
'{534M,9"419. 0.V213,(1 ,31 i, 137
9.73-)•tNJ4l(>
45, 39618,61712, 10513,969
39, 9os 10. 9.K) ! 39. 8!623,377 2 5. (>3S ; 22. M»9
7,77! h, :\\\l \ 8,301v 5H1 S, 479 : S, 401
\ 5077. HS5
620ISO, ()(»()57,331
118, 888
S, 44*17,812
601 i193,526 i69.577 ;
120, 778
8, 4487,850
596195,11368, 206
123,048
62.181 70.863 i 69,36735.497 42,659 41,20426,127 27,730 : 27,598
FOODSTUFFS AND TOBACCO
768,
002937483
'6'6'8
624290596
5,5,8
770626483
5,746 4,945 ! 1,79710,140 i r 10,070 | 11. 43f>
507,491 (''500,144 | 487,550
4,705 |4,717 I8,253 !
16,690 • 19,136 | 26,766 ' 13,4106,925 j ' 6 ,757 • 7,528 4, "71
15, 366 ' ' 15,143 '• 16, 596 \ 583529,238 |r 521. 149 507,226 199,350
7,5486, 652
3, 941^8,418
7,756 ! 7,9526,153 ! 6,926
19,225 | 85,75310,747 i 11,473
116, 179 I 113,962 ; 142,85
5569
1,019
5893
979
64121916
5.050 •430, 325 j
1,9^24,228 ;
6sU9851
4, 8134. 6998,159
15, 7301,571
10,1004*9,418
06, 873
471,026 i
5. 3994. 62s
12. J5811 4'».S
111, M)3
.414 I .439 ! .465 .465 ; .466167,330 ! 137,375 i 123,954 ; 106,023 ! 116,103152,198 ! 123, 599 I 86,981 45, 937 ! 24, 979 !
. 210• 101, 48785, 644279,905243, 596
5,653. 50
.217' 82, 78367, 931259, 078224, 861
5.833. 66
.27171,58056,884195, 378169, 913
. 23355, 61642, 341153,806134, 332
. 23354,93241,020131. 398112,348
4,4214. 2368,121
12,217876
10.273 !479,196
07,114
461, 686
5, 1774,619
5,422 !9,009 I
132,012 i
* . 476122, 88015, 607
. 23360.15546, 545113,79797,103
5, 2184, 5508,565
12,779 !1, 179 |9,054 !
470,259 |
o !6,138 :
453,387 i
4,836 !4,238 !
5.327 I8. 5Q4 •'
122. 707
62730
i . 180121,99512,327 ;
.233 I60,37516,945 ;93.37976, 678
5, 8915, 5478,661
81110,056
461,146
5,5364,785 I
3,595 '8,311
114,214i
153 ;74 !S12
i . 485140, 07516, 676
.233 ;74,345 !
58,035 I77,61564.890 :
,7s2 l i . 7 > 15. JH)
' I ' ) , ' Jl() ' 29(» 5J2
. JO')1-.0
s. S')i176i)>,8
si
10, 5379. 707
361457
15. H37is, 69610.80315, 178
39,03522, Mi7, 113 iS, 592 !
8,4987,892
604190,07463, 627
122,497
66.449 j 57,173 ! 48,02638,783 I 32,133 ! 24,68927,055 : 24,777 | 22,898
2 4^»S si<»
14s 1W in7-S2 71 i 7"»t
7s9 2")! ">6(. . v i , 900
10,523 !9,678 I
378 !455 ;
42,716 !17.796 |9,060 I15, 524
37, 02722,5745,656 !
8,580 !
8.4777f878
596168, 846
50, 589
in, 5SI'J 7«
386451
Wj. 17517, jsl7, 3s2
14.308
35, 45623, 0414,0808,158
S, 4937, 894
596151,57236,150
116,562 ; 112,028
5,9845,683 i8,705 !
13,746 I 11,942 |636
8,669453,034
o | o !6,649 i 5,774 j
444,878 ! 437,398 I
4,780 !
4,074
2,930 I8,006 !
106,200 !
112 :79 ;
845
5, 8346, 0678,215
10, 459423
7, 361445,915
04,725 |
430,917 I
4,6083,917
1, 5277,053
99, 122
122 !97 !
854 !
7,392 |7,025 !8,295
9, 768457
7. 181439, 519
04,779
424,831
4,8844,134
2 5337, 059
91,031
13696S82
7,3297,421 i7,893 !
10, 627444
7,092 |432,651 I
i0 j
4,639418,532 j
4,898 i4,308 :
3,579 '6, 589
90, 629
12692
912
» . 476 ; i . 475 i ! . 434 ! i . 425150, 185 • 190, 535 < 202. 195 j 181, 33530, 190 ' 82, 761 j 157, 540 ! 210. 540
.233S3, 59066,74079.46465, 843
.233 !109.410 |87.560 !97,327 !80,495 !
.233116,28097. 600144,867117,094
106, 45087, 310
182, 967150, 245
6, 8987, 2217, 346
7337. 235
426, 204
04, 756
412,294
5, 3314,701
8, 1126, 997
84, 561
7691
897
» . 425151,880
•231,543
. 23394,41577,185
-•209,365r 172, 937
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S-26 SURVEY OF CURRENT BUSINESS November 1943
Monthly stat ist ics through December1941, together with explanatory notesand references to the courees of thedata , may be found in the 1942 Sup-plement to the Survey
1943
Sep-tember
1942 1943
A u S " s t temberOcto-ber
! Novem-! Decem- ! Janu- Febru-ary March j April I May
FOODSTUFFS AND TOBACCO—Continued
June July | August
DAIRY PRODUCTS—Continued \
Condensed and evaporated milk—Continued, \Production: |
Condensed (sweetened): IBulk goods* thous. of lbCase goodst - _... do
Evaporated (unsweetened), case goods, d o . . . .Stocks,manufacturers', case goods, endof mo.:
Condensed (swecteded)..". thous. of lb._Evaporated (unsweetened) . . .do
Fluid milk:Price, dealers', stand, grade..dol. per 100 lb_.!Production mil of lb.. |Utilization in manufactured dairy products!!
mil. oflb. .!Dried skim milk: I
Price, wholesale, for human consumption, iU. S.average . dol.perlb.J
Production, totalf thous. of lb..]For human consumption! do _ _ |
Stocks, manufacturers', end of month, totalthous. oflb. .
For human consumption -...do |
FRUITS AND VEGETABLES j
Apples: jProduction (crop estimate) thous. of bu__ | *9G, 057Shipments, carlot... no. of carloads..| 3,462S k ld d f h f b
23, 4638.079
232,763
10,238329, 364
3.229, 255
4,021
27, 6978, 500
270,021
5210
30
412110
I 7b76G
2'At>
221
1i:j«J
\)
4
51778967<>
t)2f>
2 ^2
185
215.
203,
97!
5S0114
415706
> S5903
7u7
15,
16."',
90
s
3
IM1My50
580
2 93172 ,
139 '
"7!0881 7 N 333
4, 22r.82, 672
8*" 173
208,
201
91
,-i
26728;;69*
nn
77H
hi."
8210
089
s
500315
395499
380
03*.
27,411 i9,450 1
252,339 '
7, 198 !77,807 i
3. 099,759 ;
4,267 i
28,746 !10, 500 |
288,923 i
6,739114,682 I
3.14 !10,245 j
4.655 !
38,18411,240
376,015
9. 121252. 422
3.1611,904
5. 947
40, 28811,500
386,000
10,736373, 784
3.1812, 600
6, 281
32.9.
335,
10.400
311.
-
20150u
i»4li397
76"
(>2\
2t..01."* 931
275. '00
Hi. 7 it376. 779
3 2(1<) 571
i.71«
. 13834,65033, 250
37,34636, 624
p ,Stocks, cold storage,end of mo.thous. of bu...
Citrus fruits, carlot shipments. .no. of carloads.Frozen fruits, stocks, cold storage, end of
t h t h f l b I
5,9955,848
month . . . . thous. of lb..I 220,238Frozen vegetables, stocks, cold storage, end of 1
month . „. thous. of lb._ 160, 624Potatoes, white:
Price, wholesale (N. Y. ) . . . dol. per 100 lb . . | 2. 781Production (crop estimate) t~-thous. of bu_.j J469, 545Shipments, carlot no. of carloads... j 24,968
GRAINS AND GRAIN PRODUCTS |
Barley: iPrices, wholesale (Minneapolis): i
No. 3, straight.._ .._._._-dol. per bu._No. 2, malting . . . . do . - . .
Production (crop estimate)! .thous. of bu . . .Receipts, principal markets . . . d o . . . .Stocks, commercial, dom., end of ino.do
Corn:Grindings, wet p rocess . . . . . . . . . d o . . . .Prices, wholesale:
No. 3, yellow (Chicago) dol. per bu__No. 3, white (Chicago) _._.__..do.. . .Weighted a vg., 5mkts., all grades..-do
Production (cropestimate)!...thous. of bu__Receipts, principal markets . d o . . . .Stocks, domestic, end of month:
Commercial. . . . . . . . . . d oOn farms!.. . . . . do . . . .
Oats:Price, wholesale, No. 3, white (Chicago)
dol. per bu. .Production (crop estimate) f.-thous. of bu...Receipts, principal markets . . . . . . doStocks, domestic, end of month:
Commercial . ....doO n farms ! __._.. . _. do
Rice: jPrice, wholesale, head, clean (New Orleans) j
dol. perlb..{ .067Production (crop estimate)!, .thous. of bu...i 1 69,019California: I
Receipts, domestic, rough.bags (100 lb.)__j 202,756Shipments from mills, milled rice do I 167,186Stocks, rough and cleaned (in terms of j
cleaned rice), end of mo..bags (100 lb.) --1 115. 773Southern States (La., Tex., Ark., Tenn.): |
Receipts, rough, at millsthous. of bbl. (162 lb.) . . 1,605
Shipments from mills, milled rice !thous. of pockets (100 lb.)._| 1,075
Stocks, domestic, rough and cleaned (in jterms of cleaned rice), end of month j
thous. of pockets (100 lb.)..i 1,023Rye: j
Price, wholesale, No. 2 (Mpls.).-dol. per bu_.i 1.01Production (crop estimate)!--thous. of bu . J '33,314Receipts, principal markets . . . . . . do S 1,419Stocks, commercial, dom., end of mo. .do l 22,907
1.15l 1.30
1330,21219,86020, 588
|j 10,744\| («)! (°)! 1.02ji 3,055,605| 18,891jj 7,452! 3364,844
11,148,69*20, 303
16, 407941,092
.129 i58,273 I52,896 j
41,820 ;36,703 |
742 |0
947 ]
707 '
ls6 '
no
026
. 13147,56843,957 !
32, 39228,432 !
11,105
8, 888
225, 1«) 1
1 1 7 , 7«»».
1.61515.223
. 13339,91336, 853
19,57017, 332
11. H232, 70611 578
221,727
11" slO
1. 950
.132 )31.186 I28.809 !
j17,833 i16,322 !
7. 4oJ35.76112, 407
206. 7»6
115,84"
2. 206
. 134 •: , 137 1 .137 ! . 138 j . 139 ! , 138 j . 139 137 . 134,419 : 29,316 \ 30.882 ! 41,500 i 46,940 j 60,158 | 67,075 56.000 l i 132,134 I 27,399 I 28,169 ! 39, 271 \ 44,306 | 57,142 63, 675 > 53 650 42, <
l27.668 ! 28,543 I 27,655 i 30,652 j 33,065 43,907 56,428 ' 49,78(;26,329 26,673 : 24,995 ! 29,884 | 32.352 .' 42,984 j 55,005 Kol .3
K 458r 1") 665
30.57719, US
lss Oil
KM,'*M
' 3, M(i32'j <>03
r id 15}
172, 103
9-', 311
r 4, 909 :
16,549 Ir 17,513 I '
I145,272 I
74,821 !
2.800 Ir 21. 572
' 4, 787 I9, 403 I
21,989 ;
124,392 ;
70,478 I
3.394 I
^23^593 j
' 2, 823 !4,623
r 18, 436
98,967
62,076
3.460
M2~837~
.64 |
.82 ;.64 '.85 S
.61 ',88 ;
.65 ! .74 •
.90 i .95 !\ *426,150 !
.80 i .83 i.97 j
.86
.98.85 :.99 j
r 1, 8581,760
' 17, 464
96, 515
56, 689
4.936
r" 18," 847'
.84 '
.99 i
' 7 8 20
' 14,927
107,138 I
73,888
3.865
' 9 7 2 !0 j
' 11 ,580 ii
162,034 !
100,066
2.925
'9130
• 8, 600
1184, 763
134, 162
2.988
.99 11.08 I
1.05 i1.13 ;
1.081.18
18,872! 15,566; 14,963 i5,691 I 10,551 ! 11,887 ! j
10,749 10,642 I 11,276 j 11,175 j 10,922;
9,436! 9,967 |12,154 \ 10,743 j
1. 02 i.86 I
. 84 ! . 77 j1.06 i 1.04 I
. 8 5 ! .77 1
.81 i .89 :
1. 07 1. 08 I. 79 ! . 85 i
'23,175,154 !
7,725 i 7,456 i 8,969
9,771 I 9,000 I 6,987
11,387 I 10,581 I 11,513
.97 '
8,8147,224
i 9,053 I 12,603 j 15,480 I! 8,767 I 9,028 j 11,611 j
M l , 167 ' M0. 518 ' 9,189 | ' 9, 243 :
.97 !1.09 !.92 i
1.011.20.96
20, 120 I 22, 183 ; 27, 835 j 30, 999 | 41, 389 I 35, 929 i 37, 303 i 30, 568i ! I ! ! I !
43,697 j 38,641 i 39,969 •. ._' '3423,758 I . . . . J
40, 734 I 43,407 i. . '2,277,332 i
I42,829 I 48,769 | 42,326
__| ....',1,395,112
1.03 !1.22 I1.03 I
1.06 !1.23 !1.04 I
1.061.231.04
26,433 i
29,463 !
22,507 13,032
(a)
1.03
23, 78917,548
M0,5
1.231.04
11,681
24,173 I 9, 663 j 6, 432I 812.692 ! ,
21,500
8,649
. 49 ! . 49 !1
. 47 II"I6,"9l8"|"l7,"4i4y"i3,"i25"j"
5,132 I 10,123 I 12,106 I. . . . . . . . 1,132,933 ! . . | .
.50 : .54. .; 21,358,730
6, 209 I 6, 7831
10,451 I 9,534I 887,575
.59 ; , 60 i . 64 I
"6,"353Y"7,~89T ""8f"568"
7,649 7,608 ! 6,182.. I ..J 508,208
.069 ! .067 i .062 I .067 ! .067 j. . . . . . . ! 266,363 j
. 067 ,067 j .067
40,293 493 I 394.062 j 531.917 I 543,339 I 484,751 I 541,602 \ 528,39936,666 ! 60,150 | 111,630 I 383,414 | 319,526 j 290,039 ] 326,01469,944
107, 281
298 !
253 i
158 ;
.59 S
.67
8,362
5, 083
,067
,65
"167662
8,761
.067 i
.69 ! .71J ... _-J
9,172 11,098 i
7, 270 !7, 746236,444
24,538
13,100
,067
395,030 I 431,401 477,897339,188 j 401,271
70,919 I 247,027 457, 565 i 428, 358 ! 367,863 \ 421, 529 416,408 I 335,955 255,036
1,295 I
781 •
677 j
. 65
2, 933 I
1,776 I
1,927
.59
2, 708 j
I1,950 !
2, 792 !
. 5 9 i
2, 308 I 1, 365 :
2,100 ; 1,758
2,508 ! 2,393 j17, 288 I 18, 477 >
3.846 I19,295 I
1,57719,761
3,107 1
.70 I,341 1
2,827
907
1,101
2, 685
541 j
1,337 !
1.964
.83
220 I
792 j
171
649 !
1. 434 i 974 j
.81 I .!, L
1,061 i 802 !19,889 1 19,924 I
1,345 1 2,94319, 645 1 20, 458
1,81821,053 I
3,90922,656
309,872
248,106
125
455
661
.94
.067 .067
325, 079279, 345
162,164
18
438 ;
243 ;
1.01!
236, 238158,880
154,247
464
295
435
.95
3,438 !23,309 !
4,130 I 2, 33423,318 23,850
r Revised. ° No quotation. l Oct. 1 estimate. 2 Dec. 1 estimate.3 Includes old crop only; new corn not reported in stock figures until crop year begins in October and new oats until the crop year begins in July.!Revised series. For revisions in the indicated dairy products series see note marked "f" on p. S-25. The indicated grain series above and on p. 'S-27 have been 'revised as fol-
lows: All crop estimates beginning 1929; domestic disappearance of wheat and stocks of wheat in interior mills and elevators beginning 1934; corn, oat, and wheat stocks on farms andtotal stocks of United States domestic wheat beginning 1926. Revised 1941 crop estimates and December 1941 stock figures are on pp. S-25 and S-26 of the February 1943 Survey;revised 1941 quarterly or monthly averages for all series other than crop estimates are given on pp. S-25 and S-26 of the April 1943 issue, in notes marked " t " . All revisions are avail-able on request.
•New series. Data for January 1939-July 1942 on production of condensed milk bulk goods are available on request; figures for 1918-38 are published on p. 103 of the 1940 Supple-ment to the Survey; monthly data were not collected currently from October 1939 to August 1942,
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November 1943 SURVEY OF CURRENT Rl\SL\ESS S-27
Monthly statistics through l)t*ceinWr1941, together with explanatory notesand references to the sources of the(lulu,, may be found in the 1942 Sup-plement to the Survey i torn her
Octo-ber
No\em-her ,
Decbr
Fcbiuu y
FOODSTUFFS AND TOBACCO Continued
1943
March Apiil M a j June July August
1 l.i1.721 U>1 U
), Sl(-i ,959*, S57). 852
G R A I N AND G R A I N P R O D U C T S — C o n .
\ \ heat.Disappearance, domett K\ —thous, of bu
Pr:c( s, wholesale:\ ( i . 1, Dark X o i t l u r n spr ing (Minne-
apolis, dol per bu\ o . 2, Red \V intt-r (St Louis; do\ o . 2, Hard Winter (K. C ) do\\ emhud av., 6 mkts , all made- do _
Pioducuon U'IOJ e^t./, toialT thous. of buSprinu v. heat . . do\ \ mtei \\ lie.if do
liuoipts , principal maikels dosin' ks7 etui (if month:
( HI.ula (Canadian v\ hrat) - do 3(>!I lined s tates , domiMu, intal 11. do I
< 'ommeici il doCountry nulls and el«'\au irsf do 205,Ah reliant mills . duOn farmsf „ do - , j -
\ \ licit Hour(? findings of wheat . do
Standard patents (Mpis.)§ dol poi bbl ( «2W inter, straights'Knns, s Ci ty^ do 0 io
Production (Census)Floui, actual thous. of bbl
Operations, percent o! capacityOll'al . . thoin. oflh
Storks held b\ mills, end of monththous. of bbl
LIVESTOCK
Cattle and calves:Receipts, principal markets
thous. of animals..;Shipments, feeder, to 8 corn belt Statesf
thous. of animals..!Prices, wholesale:
Beef steers (Chicago) dol. per 100 lb. _ jSteers, stocker and feeder (K. C.)...do 'Calves, vealers (Chicago).. do
Hogs:Receipts, principal markets
thous. of animals.Prices:
Wholesale, average, all grades (Chicago)dol. per 1001b
Hog-corn ratio fbu. of corn per cwt. of live hogs
Sheep and lambs:Receipts, principal markets
thous. of animals .Shipments, feeder, to 8 corn belt Statesf
thous. of animalsPrices, wholesale:
Lambs, average (Chicago)-dol. per 100 lb. .Lambs, feeder, good and choice (Omaha)
dol. per 100 1b .
MEATS
Total meats (including lard): ;Consumption, apparent mil. of lb . . L - -Production (inspected slaughter)......do jStocks, cold storage, end of month... .do \ 788
Miscellaneous meats _..do i 105Beef and veal: j
Consumption, apparent thous. of lb. JPrice, wholesale, beef, fresh, native steers j
(Chicago) . dol. per lb . . ! .200Production (inspected slaughter) .thous. of lb . 628, 439Stocks, beef, cold storage, end of mo do 111, 929
Lamb and mutton: jConsumption, apparent doProduction (inspected slaughter) doStocks, cold storage, end of month d o . ...j
Pork (including lard): 1Consumption, apparent do |Production (inspected slaughter) do ]... . .„._.
Pork: ]Prices, wholesale (Chicago):
Hams, smoked ...dol. per lb... .258Fresh loins, 8-10 lb. average... do .256
Production (inspected slaughter) thous. of lb . j .Stocks, cold storage, end of month do ! 361,186
Lard: |Consumption, apparent... do . . .Prices, wholesale:
Prime, contract, in tierces (N. Y.) •dol. pe r lb . J .139
Refined (Chicago) do I .146Production (inspected slaughter) thous. of lb.... j 140,997Stocks, cold storage, end of month do . . . J 192,068
98. 22817, 682
282, 55
1 131.201 111. 11
3S. 1>5!
37\091
2(.0, 119
4(1, "J2H
" !3
S , < l t » S
59. 0705, 510
JI11
53,
.1*0,
iVt . 4 1
14
r
705,
.2018
. * !
22129! |
1009'271 10
.m<
9515
7(i3
128
I-'
12."
2hS
47
SIT
3 1"3. i s1 211. 15
, *io
. ( .11
, 05 s
.7(H
0 0 15 ii(i
07 1. n i l
1lii
32,
U5,
2 V.)
13.
\
743,
. 2032
17
2t.l
z3')7
III!s s
1 62i is1.311 2s
-27SU71-7n3, 2'.\
31,si!
447. Mud
245, 'l 50235. 221139, 3S">49l.Oi.2
M | S
IU. 152
3 (J 2"
I W
I 371.3'.
\\7 >"M
23d. • i -tv.1
(. 33t> 12
73 Ssl7 171
1j1!
211.
i i
J9.
4 1
.A7
lOh
• •I")
2s(,
35it,
7*00 7930
i 44
1 Id1 11
47, 52s
212! m171.5M1
17,927
6 3s
00 s818,29',)
1 - > ^
1
11
3 . ,
109,
191.
*.'
j
s.
09.-5.
10
39
.m
M,-
! i i , S
4411
1.421 5S1. 3s1. 40
37.271
390,hU2 1
17 .M1 > '
J'.. 182
0. 45(, 07
7.s53 ,51 0 •
6(!3. 659 J1
1 11
( L 3 71 3<»
56,0 41
387, 197017.9981<>2,150102, 116104. 37S190.031
.,7. su.i
6 41',. 93
8.3S4r^K 1
043,084
5.055
1 41L661.401 42
116,989
386,589
221,2*7
40. 053
0 42t> 02
8. 820
6*2/257
1.411.091.401.41.
75,105
309, 715
22(f. ;us
42. S2>
('). 300. (!(
9. 10<02. 1
730.9S5
2,016
400
15. 4511.8114.81
2.841
14. 08
12.9
4, 248
927
13. 90
12.07
•• 2, 399
222
34.8712.0513. 70
2.187
14. 37
16,9
2, 772
488
14.60
12.94
2, 605
387
14.8411.6414.00
2, 529
14.45
10. 4
3, 657
789
14. 10
12.89
2, 995
579
15.2111.8313.50
2, 687
14.98
18.2
3.741
1,002
14.30
12. 20
2, 535 :
391 ;
15.30 I12.62 !13.50 !
3,310 ;
13.96 j
17.7 :'
2,780 I
405 :
14.53 ;
12.35 i
1,845 :
223 !
14.85 112.2413. 50
1. 225
14.01
10.5 !
2,379 i
202 .
15.39
13. 12 ;
l . t » 1 3
101
14 S412. r.7 ,! 1. 25
11 78 '
It. ()
1.939
17s
15 Si,
13 59
1.541 :
85
15.14 !13,4914.63 !
2,815 ;
15.35 |
10.2
L071 I
191 |
15.91
14.26 1
1.811 ;
138
15.54 i14.49 j15.00 |
3,027 •
15.59 ;
15, 5 :
1.738 1
221 '
16.24 :
14.91 !
1.601
142 i
15.71 i14.58 :13.88 ;
2.844 i
15. 13
14,3
1.603 i
139 ]
15,98 •
14.42
1.597 i
99
15.4414.6014. 40 j
3.321 !
14,44
13.4 |
2.074
194 '
15.82 :
14.07 1
1, 433
81
15.5614, 3814. 63
3, 675
13.85
12.8
1, 784
151
15. 22
(a)
1,610
64
.15.3212.4814. 03
3, 407
13. 56
12.2
2,446
129
14. 49
( 0 )
2,178
1 CO
15. 3612.1715.20
3,016
13.97
12.6
3,391?
432
14.06
13.47
1,1.
326329607 -.94 !
1,1.
400 :449519 i
80 !
1,413 1.104 1.557 L101 1,213 1.374 1,320 1,397 : 1,3861,532 1.553 1,887 l.fW2 1,380 1,190; 1.384 1,544! 1,603
521 579 > 829 913 <)50 1)09 : 864 880 | 92472 ; 73 ' 80 81 84 79 80 94 ! 100
1,4421, 690998116
614, 900
.210613, 62083, 288
70, 79072,8217,602
640,169 |642,827 I
634,822 i 675,290 I 535,969 1 557,014 j 546,821 | 499,481 I 534,497 | 475,877 482,234 ' 433,087 493,360
' 985' 113
7,347
.210 ! .210 ! .210 | .216 j .220641,531 686,028 548,612 ! 547,100 ! 522,96095,146 116,892 130,454 I 127,034 j 107,185
83,407 I86,982 i11,260 |
687, 628720,437
84.00490, 73317, 896
72,380 ! 76,839 j82,547 | 87,881 i26,462 | 34,819 I
58, 87771, 22524,885
i 653, 932 | 795,162 | 923, 282 ! 797.985| 755,565 I 922,019 ; 1,251,573 i 1,037,942
.303 I .325
.298 | .310496,360 I 557,953336,634 ! 270.287
.325
.311590, 541257,445
.293
.284721, 781291, 841
. 293
. 284952,397490,47(5
.293
.284793, 048588, 419
82.097 j 87,170 j 60,631 ; 108,432 153,448 j 125,961
.129 ! .129 ! .136 ! .139 ' .139 ! .139
.139 ! .139 I .142 ! .146 ! .146 .146106,660 I 118,236 i 119.978 ; 145,578 i 218,107 ! 178,54985,274 ! 62,143 I 57,547 ! 57,434 i 91,333 I 111,807
.220489, 664102,246
52,42463,41219,748
660.876 i826,672 i
293.284
638,132627,399
.220 !534,147 I97. 736 j
56,571 !64,804 I12,571 I
783.126 !891,478 I
.293
.284703, 700591, 597
.220466,85892, 981
59. 27964,10111,649
784, 700853, 259
. 293
.284670, 622524, 049
.220 j459,331
90,060 |
.212421,212
81,744
.200 I .200485,412 j 552,554
88,040 j '101,254
65,380 ! 61,43969,941 I 65,92910,284 ; 7,808
849,521 ! 891,2671,015,157 il,115,854
. 293,284
771,300519,798
.293
.270853, 729513, 784
74, 70778,136
9, 660
874,1751,125,954
. 258
. 256851,814544, 297
100,203 ! 84,976 72,4.11 105,244 ! 58,421 i 103,087
.139.146
200,072240, 950
. 139.146
137,304122, 240
.139
.146136, 444128, 264
. 1 3 9
.146132,836149,141
177,*166,
139146699129
191,'220.
139146028831
83, 48089, 478
• 13, 777
. 258
.256
•497,164
.139.146
165,420••260,009
* Revised. « No quotation. i Oct. 1 estimate. s Dec, 1 estimate.§ Prices beginning June 1943 are quoted for sacks of 100 pounds and have been converted to price per barrel of 196 pounds to have figures comparable with earlier data.J The total beginning June 1942 includes comparatively small amounts of wheat owned by the Commodity Credit Corporation stored off farms in its own steel and wooden bins,
not included in the break-down of stocks. June figures include only old wheat; new wheat not reported in stock figures until crop year begins in July.f Revised series. For revisions in the indicated grain series see note marked "f" on p. S-26. The hog-corn ratio has been revised beginning 1913. Revisions beginning February
1942 are in the March and April 1943 issues; earlier revisions are available on request. The series for feeder shipments of cattle and calves and sheep and lambs have been revisedbeginning January 1941 to include data for Illinois; revisions are shown on pp. S-26 and S-27 of the August 1943 Survey.
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SURVEY OF CURRENT BUSINESS November 1943
Monthly stat ist ics th rough December1941, together with explanatory notesand references to the sources of thedata , may be found in t he 1942 Sup-plement to the Survey
1943
Sep-tember
1942 1943
AugustSep-
temberOcto- Novem- i
ber !Dcce
be:Janu-ary
Febru-
arvMarch | April May June. July I August
FOODSTUFFS AND TOBACCO- Continued
P O U L T R Y AND E G G S
r )u!tr\ :Pnr, ' , v\ hfili s'lle, live fov\K rci,ied<:<^
d(.i. pel INKecripK, .") maikets thous. or lbStocky cold i.to/«iiii', end of month . do
1'MCf, whohsi lo , fn-.1i fir* is (Chir i«io);dol per do/
Production . . injhu.ii--Mocks, coid sfonm , ' \ id ol inont ti
-hell tho-i-. of i-IMSK.'-ven l h 'M- i.l lb
12 ln js»,, on!
t \ « > 1 2,-5(i,>, l f > x
TROPICAL PRODUCTSC of tee: <
Clearances from Brazil, total thous, of bags • 1, 225* To United States - .do"....i 1,018Price, wholesale, Santos, No. 4 (N. Y.) I
dol. pe r lb . . j .134Visible supply, United States, thous. of bags, j 1, 374
Sugar, raw: jCuban stocks, end of month §
thous. of Spanish tons. J 1,997United States: I
Meltings, 8 ports§ long tons. _ j 370, 674Price, wholesale, 96° centrifugal (N. Y.) i
dol. p e r l b . . | .037Stocks at refineries, end of mo§._long tons j 207, 247
Sugar, refined, granulated:Price, retail (N. Y.) . dol. per lb _ .065Price, wholesale (NT. Y.) do .055
MISCELLANEOUS FOOD PRODUCTS j
Candy, sales by manufacturers..thous. of dol.. 34,862Fish: |
Landings, fresh fish, principal ports ithous. of lb . . 45,091
Stocks, cold storage, end of monthV--do 97,122Gelatin, edible (7 companies):
Production do. . j 0)Shipments do i 0)Stocks do.
TOBACCO
0)(i)
Leaf:Production (crop estimate) mil. of lb . J 21,394Stocks, dealers and manufacturers, total, end j
of quarter . . . . .mil . of lb__|Domestic:
Cigar leaf do.Fire-cured and dark air-cured doFlue-cured and light air-cured doMiscellaneous domestic.--- --do.
Foreign grown: !Cigar leaf do !Cigarette tobacco.... do \
Manufactured products: IComstrmption (tax-paid withdrawals): |
Small cigarettes millions.. | 22, 573Large cigars . thousands. -1 424,896Mfd. tobacco and snuff thous. of lb . . | 25, 796
Prices, wholesale (list price, composite):Cigarettes, f. o. b., destination
dol. per 1,000.. 6.006Production, manufactured tobacco: I
Total thous. of lb . . IFine-cut chewing do . . . IPlug do . .Scrap, chewing ..do _ ._Smoking do. .Snuff do. . . .Twist . do . . . .
i) 2 2 [ 0 j . \ \ 0 J l ' i
."> 1 2 1 .] 1 1 7
0 2U-71 .H7
0 2 " U ' ) 2">O {! _ )ll
'. !'•'» M 7 42 24 ±\ i_'!> * ! « • ; 2"> J7«» 4 s , > I
. 474 ^72.'.. 7*.^ j . ' 7 7
j ! | <»T4 3 , 23t> | h , 2 2 7 \ 2t><> s <)•>(> s ~>7x
260136 :
,134 !795 |
519366
. 134 !539 |
. 1 U.'.si
2,185 J 2,090 ! 2,02^ 1,73b 1,521
. lit217
i,32i
615515
134530
144137
. 134646
1,114 |860 l
. 334627
1.4701,070
. 134 I818 :
1, 193985
. 1341,550
l,2oi 2.151
250,333 I 224, 370 I 197. 55 4 217, 2<)0 217.109 21s. 233 -j.Vl, 731 308,657
3,070 ! 3,294 j 3,069 j 2,660 j 2,310
298,342 ! 274,003 j 356,650 ! 388,262 | 369, 566
.03780, 499
. 066
.055
. 03770, 491
. 068
.055
037!, 171
.Otis
.0)3
.0J7 . 037 .('37 . 037123, *.O4 222.211 226,557 222,4»'>7 201.332
.037 .037 i . 037
. 06s
. 055OMS
. 055. 065. 055
. 037 . 037182,290 i 221,488 242,334 1 278,974 • 261,352
.068
. 055.066 |.055 •
. 065 . 065,055
23,962 | 29,234 I 35,665 j 32,099 ! 32,741 , 28,212 i 29,676 ; 33,831 j 32,139 ; 26,997 | 24,837 I 23,098 \ 27,025
49, 605100,088
1,7152, 1302,783
1
40, 322109, 428
1.7121, 9072, 588
3,260
381249
2, 5193
20498,25,
941872329
2151927,
798976329
2363330
075350956
5.760
26, 475437
4,7494,72413,2592,799
506
5. 760
27, 535437
5,1284, 260
14, 0353,169
507
39,010 !
115,128 I
2,128 |2,050 j2,666
28,526 ;
114,198 I
2^339 !2,544 I
13,431105, 343
2, 0142, 0542, 504
15.733 i74,949 I
j1,913 !1,927 I2,490 j
17,53252, 902
2,0782,1472,421
3,434 L
337 i242 !..
2,752 !
2277
5.760
29,845426
5,0364, 62415, 9803,252
526
20, 447474,34825,882
6.006 |
28,209 !425 !
4,6864,03315,2473,297
522 '
19,716 20,370685,002 ; 436,74424,081 25,297
25,906 1 30,434 I 34.133 1 56,09229,782! 21,371 I 34,755! 59,162
1,961 i1,863 I2,519 I
2, 046 I2,214 I2,352 !
2,1502,0712,431
0)(!)(1)
46,548 i 48,078' 75, 438 | '92,911
0)0)(
0)0)0)
3,329
389 I.294 '>
2,553 l
3 ;.
2,943
368 I269
2268 I
17.678 ' 20,612410,599 i 427,83622,691 ! 26,856
19,943 I IS, 476451,899 ! 441.37225,135 •• 23,906
2,2203
58
20, 894 22, 878449,641 j 427,23123,246 I 23,966
6.006 s 6.006 6.006 ; 6.006 ; 6.006 6.006 I 6.006
25, 636429
4,0613, 79513,0163, 783
522
26,273413
4,6843,67613,3173,681
503
24, 857356
4,6083, 90711,6633,824
500
29, 266399
5,3684,15014,4474,344
559
26,856348
4,878 ;4,15113,1453,752
583
25,147319
4,7043,92712,4343,212 !
551
25,467422
4,5894,40512,1533,371
527
6.006
25,979345
5,0594,27912,3863,403
506
23, 682425, 36325,821
6.006
LEATHER AND PRODUCTS
HIDES AND SKINSLivestock slaughter (Federally inspected): i
Calves thous. of animals.. 532Cattle . . . . . . . do I 1,146Hogs do 4,174Sheep and lambs do 2,454
Prices, wholesale (Chicago):ITides, packers', heavy, native steers i
dol. per lb.-1 .155Calfskins, packers', 8 to 15 1b do . . . . j .218
LEATHERProduction:
Calf and kip thous. of skins.. 875Cattle hide thous. of hides..- 1,876Goat and kid thous. of skins - 3,160Sheep and lamb do i 4, 662
4601,1033,2231,840
. 155 I
.218 !
1,093 I2,402 I2,433 i4,287 i
5i31,1593,8432, 223
. 155
.218
1,0292, 4012,7354,150
5781,2804,2182, 344
5011,0185,0232,126
476982
6, 7782,175
340928
5,4311,724
.'218
1,0732, 6472, 9334, 462
.155 :
.218 j
1,0092, 4602, 6604, 860
.218
1,0452, 6473, 1694, 543
. 155
.21.8
9692.4513,0174,844
331854
4,3351,499
.155
. 218
9732,4362.9845,023 I
410923
4,6611,495
.155
.218
4,1,
!
365796463458
155218
1,235
082416597027
2.3,4,
986401383918
328774
5, 3571,622
.155
.218
9232,244
4, 991
327708
5, 650i, 594
.155
.218
5,1,
335845427988
155218
1,0102,1873,2124,959
434988
4,4642, 269
.155
.218
924 r 9021, 941 r 1. 9732.935 I 2,9714,643 ! r 5,619
r Revised. l Temporarily discontinued. 2 Oct. 1 estimate. 3 Dec. 1 estimate. ^Prior to January 1943, data are as of the 15th of the month.tData compiled by the Department of Labor from a trade journal have been substituted, beginning in the May 1943 Survey, for the Department of Agriculture's series formerly
shown, which has been discontinued; except for the difference in source, the series is the same as that published in the 1942 Supplement.§Data through June 1942 are available in the 1942 Supplement and on p, S-26 of the October 1942 Survey, except for revisions as follows (units as above): Cuban stocks, 1941—•
December, 156; 1942—January, 46; February, 1,162; March, 1,943; April, 2,604; May, 2,736; June, 2,563; July, 2,314. Meltings, 8 ports, 1941—December, 331,357; 1942—January, 300,444;March, 271,526; July, 248,487. Stocks at refineries, 1941—December, 336,541; 1942—July, 125,721.
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November 1943 SURVEY OF CURRENT BUSINESS S-29
Monthly stat ist ics th rough December1941, together with explanatory notesand references to the sources of theda ta , may he found in the 1942 Sup-plement to the Survey
1942 1943
August Ocfo- ! N~o\ eTh-' Decem-ber ; her : her
Janu-ary
Febru-arv March ! April | M a y j J u n e j J u l y August
LK \TI I MR \ \ ! ) PRODLCTS-Continued
LEATHER-Cont inued
Price:?, wholesale:Solo, oak, bends (BostonH . ,lol. poi 11'Chioine, call, B giade, black, composite
dol. per sq. ftStu<ko ol cattle hides ami leather, >md of
mouth:Total . thous. of cquiv. hid( ^
Leather, m pioeos and flushed doHides, r,uv . . do
I .E \TI IER M \ \ l »< V(/l l IJES
Boots, si < es, and tslippei^:Prices wholesale, factory
Men's Mack calf blucher. dol p«'t panMen't- black calf o\ioi<], coidi-d tip do\\ omen's plain, black, kid blucheit do __
i'loduction, boots, ih.rt'N, and •slippci^-'1'ot.tl thous. of paiis
A Jii lot ic do -\I1 labiic (^atm, cam ns, etc ) _. doTart fabric and pait leath( r. doHigh and low cut, leatliei. tot il do
(ifAernnH nt shoes doCi\ ilian slioc.s.
Bo> s" and vouths' . uoInfant,' ' doMissos' and (L'idnM!'- doMcii\s . . doV\ .mien -> . do
Snppeis and moccaMi^ for houseviearthous. of pairs,
A11 oihe. loolwi'ai _ . . do .
0.440
. 529
9, 8136, 5003, 313
6.754.603. 50
0. 440
.529
12,5198, 6393, 880
6. i~) \4.60 i3.50 !
:-.8,812 !424 i175 !613 I
,-.3,0543,879 ;
1,401 i2,1303,2247,410
15,003
4,083462
0.440 : 0.440
12,590 i 12,5978,623 ! 8,6803,967 I 3,917
0.440 0.440 i 0.440
12,429 !8,652 !3,777 !
6.75 I4.60 |3.50 !
i
6. 75 I 6.75 j
4.60 I 4.60 !3. 50 I 3.50 !
12, 2258, 5913, 634
6.754.603.50
. 529
11,9648,4203, 544
6.754.603. 50
37,119 ,460 i227 i727 i
31,092 j3,333 !
1,379 I2.079 i3.080 '7,561
13,660
4,219 ;
395 I
39,986 !475 i368 |
1,007 !33,041 !
3,900 !j
1,549 '2,048 !3.259 \8S31O I
13,916 ij
4,447647 j
35,217415305<K)l
28, 9713, 421
2,0032, 7 \A7,119
12,521
3. 9S9064
3S,r»01 37,504l.Vi 341
899801
31,9923,913
1,003"*2,.i;«i3,831
1, 3232, 1013, 23u
3 682O'J5
J,(i302, oyr>2, 7737, 086
14,496
2, 749722
11,8278,1743, 653
6.75 ,4.603.50
37,797 '327
1,188 I700 "
31,777 i4,002 ;
1,4812,0192,797
0. 440
. 529
11,5907, 9863, 604
6.75 I4.60 \3.50 |
41,945367 !
1,380 I738 I
34,811 i4,090
1,4862,2832,966
14,244 16,211
3,053751
3, 5781,071
0. 440
.529
11,197 '7,717 •3,480
6.75 !4.60 |3.50 ;
40,657 !322 !
1,624 I8 7 1 •
33.503 !4,278 !
1.5782,1293,0617,819
14,638
3,795542
0.440 | 0.440
. 529 .529
11.087 ! 10,7147,522 ! 7,2553,565 ! 3,459
0.440 0.440
6.75 !4.60 i3.50 |
36,313 !248 i
1,661 !611 :
29,394 I3,995 I
1,468 !2,019 i2,525 !6,89912,487 !
3,993405
6.754.60 i3.50 :
39,614 '157
2,807655
31,3724,138
1, 6842,1322,7107,15513,553
4,069554
0)
1.0, 2656, 9433, 322
6.75 !4.60 !3.50 [
'37,445 ;127 I
-3,122 I568 !
p 29, 304 Ir 3 , 207 |
1,792' 2,102 ;2,648 ;
r 6,816 !r 12, 738 j
'3,807516
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
National Lumber Manufacturers Assn.: fProduction, total mil. bd. ft.
do.. . . . d o . . .
. . do . . ... . . d o . . .
do . . .Stocks, gross, end of month, total do....
Hani woods . . . do . . .Soft w oods . _. do . . .
Hardwoods ..Softwoods
Shipments, total.Hardwoods . ..
oftwoods
F LOOMING
Maple, beech, and birch:Orders, new M bd. ft.Orders, unfilled, end of month do . . .Production_ _ ___ . _ _ _. doShipments ___ 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....
2,561435
2,1262, 556
4392, 1173, 7931, 1642,629
4,0007, 5752, 7253,9;2, 900
14, 49624,51014, 03413, 5868, 823
SOFTWOODS |Douglas fir: I
Prices, wholesale: jDimension, No. 1, common, 2 x 4—16 j
dol. per M bd. ft \ 32,340Flooring, B and better, F. G., 1 x 4, R. L. j
dol. per M bd. ft...! 44.100Southern pine: I
Orders, newt mil. bd. ft.-j 658Orders, unfilled, end of month. . . do _ j 707Prices, wholesale: \
Boards, No. 2 common, 1 x 8 jdol. per M bd. ft i 37. 000
Flooring, B and better, F. G., 1 x 4.do._._! 55.000Productiont mil. bd. ft..j 627Shipmentst__..___. -do j 662Stocks, end of month do j 515
Western pine: •Orders, new . . .do j 443Orders, unfilled, end of month__ do. . j 491Price, wholesale, Ponderosa, boards, No. 3 I
common, 1 x 8 dol. per M bd. ft | 34. 50Production! . . . .mi l . bd. ft... j 578Shipmentsf- do j 513Stocks, end of monthf do ! 1,173
West coast woods: jOrders, newf - do.... ! 754Orders, unfilled, end of month.. do ; 1,127Productiont do . . . .; 704Shipments! . . do , 707Stocks, end of month do._ ' 511
2,980 :471 !
2,5093, 100 |
510 I2,590 i5,164 I1,734 !3, 430 i
6, 9508,1006, 8507, 500
11, 500
22,720 I27,771 !19, 288 j18,906 I76,422 !
2,896 !451 j
2,445 |3, 024
523 !2,501 !5, 062 !1,662 !3,400 !
5,9007,200 !8,000 !fi,950 '
12,500 :
22,609 I22,631 i18,633 !21,214 ?
73,841 ,
2,847 !442 |
2,405 !2,988 I
541 i2,447 |4,914 {1,5633,351 I
I
6,000 |5,700 I6,500 j7,50011,500 ;
23.249 j19, 101 I20,174 !26,779 !65,236 i
2,410410
2. 0002. 575
4902,0854, 7771, 4853,292
5, 8505,5006 2506, 300
11,275
18.62619,47618, 40018, 25163, 563
2,105381
1, 7242, 386
434189524, 4291, 4322, 997
6, 6006,1505, 0505,750
10, 650
17,64120.05318, 00717, 06464, 506
1.9193.>7
1.5322, 225
!C,u1, 7654. 151 '1,360 !
2,791 i
6,9006,5505, 5006,3009,800
15, 79720, 82415, 94815, 02665, 428
1,972 i382 I
1,590 i2.207 i
425 I1.782 i3,934 I1,317 i2,617 I
5, 8507,4004,5005,0509, 450
29,61227, 62615, 53519,81051,153
32.340 ;
44. 100 |j
772 •793 j
32.340
44.100 I
791794
32.340
44.100
808818
32.340 j 32.340
44.100 ! 44.100
612 ! 637736 ! 726
32.340 j 32.340 i 32.340
44. 100 i 44.100 44.100
721771
653747
32. 340 32. 340
14.100 j 44.100
32.340
44.100
746771 |
720 I748 i
30.000 ; 30.000 30.00055.000 i 55.000 \ 55.000
779 | 757 ' 758819 I 790 i 784791 i 758 ! 732
564578
586562
640578
31.53 i 31.53 32.01 j666 j 637 i 650 !612 ! 602 ! 615 !
1,391 j 1,426 I 1,443
7111,095
757768578
842 I1,145 !820 '858 i
847 '1,150 !
812 !830 |578 '
30.000 i55.000
687 j694 i725 |
474!566 j
31.38 !432 !486 |
1,389
6841,106669673596
i
30.000 !55.000 I
662 i647 !740
439539
31.83343466
1,192
5801,057524624497
30.000 i 32.000 j 32.000 32.00055.000 \ 55.000 j 55.000 55.000
635 i 657 I 706 I 715!676 !
699 I
370 !512 i
|31.54 !
244374
1,062
5321,063470525474
|
679
397542
31.36246366941
5291,045
506537463
722 I663 i
460 !565 |
733645
504587
31. 47 31. 59351 424438 1 482853 | 795
694 |727 i
33. 00055.000
655715585
659 11,006 i
695 I699 i463 '•
7701,048713724504
491564
32.08585514 |866 !
781 i1,105
731721500 i
642709
33. 00055. 000
629670544
556577
33.36645544967
7531,111705716505
r 9,985r 6, 689r 3, 296
6. 754.603.50
39,453191
3, 081666
30, 4343,511
1,7822,1352, 8577, 06813,082
4, 487593
2,380 ,420 i
1, 960 i2,550 ;
4632,087 •:3,7761,2842, 492
2, 452 '390 I
2, 062 12,641 i
458 |2,183 [3,639 |1,216 !2,423 •
2,578 i390 |
2,188 !2,620 i
425 !2,195 !3,590 |1, 181 i2,409 i
2,602 !402 !
2,200 12,583 •
416 i2,167 i3,625 !1, 168 !2,457 -
2,581 i410 |
2.1712,552 '
404 i2, 1483,672 i1, 174 |2,498 !
2, 650425
2, 2252,616422
2,1943, 7831, 1722,611
5,850 !7,000 !4.675 !5,900 i8,350 !
32,295 i33.63717,806 |26,284 |42.675 i
6,575 i8,000 |4,150 |5,575 !6,750 j
31,584 137 373 !17*, 104 !27,848 i32,931 |
4,7,3,5,5,
2434
850500700150500
572708
15,99425, 43723 065
4,73!4,4,
19,31,1522,16,
400 I500 i600 |500 !500
135 |699 !758 i144 |679 !
3,7,3,3,4,
16,
300 [450 |550 |600 j650
153!25,900 !151911,
711 |770 i352 !
3,8507, 5503. 1003, 5504,150
16, 35423, 60015, 10818, 0858, 375
32.340 j 32.340
44.100 ! 44.100
643713
33.00055. 000
650639555
603591
663711
37. 00055.000
660665550
540561
34.52 I 34.59635 I 616589 I 569
I ,013 I 1,108
7001 103
600 I687 I504 i
7521,117
716728503
' Revised l N o quota t ion .tRevised series. T h e price series for sole oak leather is shown on a revised basis beginning with the October 1942 Survey; revisions beginning J u l y 1933 are avai lsble on r eques t .
T h e shoe price series for plain, black, kid blucher has been subs t i tu ted beginning in the J u n e 1943 issue for the colored, elk blueher series formerly shown; da ta beginning 1940 are shown
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3-30 SUKVEY OF CURKENT BUSINESS November 1943
! m i l b l \ s l u i i ^ l i e s t h r o u g h Dece*_.her ,<1911, toluol her w i l h exp lanatory . solesand n'fj'rt-nres to I he sources of I he<latii. m a y he f o u n d in t h e 1912 S u p - Spleme">l Jo I he S u n n Tel
SOFTWOODS—Continued
Aumi-t
!912 19*3
< V ( o \ " c ' M i l - 1 ) i ' • m - J j n i i - I " i " U i -1 Y/J11" Mau'h ! Apnl ! May June Jub
l.l'UHKR \ \ i ) M XNL'l ACT!KIvS--Coiniinir<]
K e d > v o o d , < ' a l i f o i i n _( J K l i ' t - , I M W . M ' i l t i . I )( i n n i N - I ' d , 1 U d . c n d i i " i n t i n 1 2 1 s "P i o « i u < H o i i . 7 o i i
M u p m e i i t s _ .' , •" s ' , sS t u k s , < i . d < 1 t \ o n ' ! ' i< M ' 7 s
ii n \ rn ni..All d i s f i i c t s .
P l a n t oper i f i on - pi t eenr <n n-.-inial .< J r a n d Kapid- i d i i i< i .
C a n c e l e d p c . " i M t ,,i ; t n \ ( . ; ( ic : -N e w . n o . " | <ld\ p r ' , ( l i ; e t i . . i iI n f i l l cd , e n d oi ui . .n i_i d o
P l a n t opt t a t i o n s p e i c r i . t uf n o u n a - .- s h i p m e n t s n o . of d , \ -•>,[•'(>.\\u i iou
i 5 SuSMl ".12
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55. C21
IRON AND STEEL
Iron and Steel Scrap
Ihou.s. of -hConsumption, t(>ial *I Home sciap * .
Purchased scrap*Stocks, consumers', end oi 2
Home scrap*Purchased scrap* .
Iron Ore
u A e S u p t 1 1 0 1 d i s < i u tC o n s u m p t i o n b \^ ( U f ) m e n t s f i o i « i n p x x 1 l i k eStocks, end of nonth, total
\ i furnace sOn Lake l.ne do 'ks
. to
.1.,
5 i^ Iroti au<l Ir \ l a
thou8?. loru tc p t i ' ^ d<»
dodido
n f i i r t i i r « * « )
Castings, malle,ib!ix:Orders, new, net . -hort IOIL-Production . doShipments . do
Pis iron;ronsumption* . . . . fhous 01 sliort tonsPrices, v hole^a'.e:
H:\sic '.valk-.v furnace;, ilol. p^rloii^ ionComposite . _ _ _ _ _ do _.Foundry, Xo. 2, Neville Island*.._ do
Production* fhous. oi short ton*.Stocky (consumers' and suppliers'), did of
month* . . . . thous. of short tonstoilers, ratline, ualvani/ed:
Orders, ncv, net _ number <>/ boi!. r-*Orders, un(d!"d, t>nd of moiith .. do
pStock>. end of month. dc- .Slet-1, Cru<le a n d St*ttiiniamifa< iturcd
' ^ l i i i ' . s , steel, i-ommrrcial.Ordf /s . new , tof'il, ne t . . .-.Ijorf fojj^
Railway .-pccialf ies _ doProduct ion, ro'al . d •
Kailw ay ^pcci'Uti(-s . . . . do>\>'i 1 incot •; and ?iov\ for cast i
i o n .»f short
dol P }h
?trucf u <iw\ •
f
Pei\'enl of rnp'ietf> §. .iie*^,, w hole ale:Compo^'fi", finished sii'ol.Steel bilk-is. rerolli:i2 (Pitt>
dol. p, r U,:VJ tonu r J i ) dol. P-T lb
. dol. per }',',\-J ton] , liipmer.' ~ of rm.-!:i «i
snvl prodi jen. . . thous. of elicit tf-n.s.
Sli'el, MaiiiifaofiireJ ProductsJ f :m« i l s a n d d i u m s , M<M ] . he t ivv fyy.i-s.^
O r d t r-:. i iTifdl"il , e n d vA niont"h ' I I U . H S J ' . I NProdi ic t i{»n __ (]-,
S J u ; . ; i i o n « s d oS l o c k s , e n d o f i h o i M h . d ^
H o l l e r s - i e e l , n e v ; o r d e r s :A i ( - a _ . i h o u s . o ! s o f ;Q u a n t i t \ . . n u i u l ^ - r
1 l i e v i s e
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, 02101 s 7")
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17 124
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— I.-?, |sf!]:'.'». l^J
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5,1992,9382,2616. 2531,6824, 571
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8 5 , 7 4 4 •7 8 , 1 4 3 !7 6 , 5 2 6 .
5 , 2 1 9
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5, 2W
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nw. ,"05' 07 ,610
OS, 4S.j
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T 97.047' 93,0."^'.
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. ,
neA ord< rs by ihr aniouru --how u ;-br->ve as ,1 negative iiotn.§Hei_iuninir J u l y 1943, percent of capa< ity ;s calculated on ai.nu-d 1 xp'.caty a> of J u l \ 1, 1913*, (.1 9(1,S77. Ho tons of open-hearth, I-Kssemcr, and electric steel inuots and hte- 1 fur co^t-
n^s; tvirher 3943 dafa are based on capaci ty as of Jan . 1, 1913 (0u/->\vbi! tons, and 1912 data on f ip ' ic i ty as of hd> 1, 1912 fVj. 104,520 tons).increast>d in 11 * 1.3; rnauufactun rs ri-portinc ?n 1913 ucounu* i lor ippro\ir ' int< \\ 9s- 1
*Xe\v s( ru'S. For a d< seription 01 the scrii-s on scrap iron and s re"l and pi'j-iron consumption ami1942 S u r \ e y : Kit* r data are available on j> S 30 of ihc April 1\'-V2 and viiln-.iijenr issues. '1'lu- new viii-sis from the Aiiier.< an Iron ond Sieel Ins t i iu te and is approximately con:| aral/ie w if h data from thi Iron , .., , . . , . . . . . . _ _ _ . . „ _ . , .... _ ...stead of lone tons a> nuiicared) , but include charcoal furnaf .s ; U rro-nllo.\s produced in electric furnace> arr not included; for 1911 mon th ly average from American Iron and SteelIns t i tu te i n d data besinninc: Januai> 1942, see p . S-30 oi the M a y 1943 - u r \ e y . The new [>iji iron pii-'i\ i. o. b . N'ewlle Inland, roj)Iacc3 iho P i t t sburgh price, delivered, shown inthe Survey prior to {he April 1943 issue; 1941 averacro, >'24; earlier data will be shown later.
? of th" total value of these products reported in the 103° census,l k s mid 1939 10 data, sec noic marked • '*" on p. S-29 of the X-nvinbor
blast lurnace pnyduclion of ]>:u in^n, including blast furnace ferro-all.»\s,in the 1012 Supplement (data in the Supplement are in short tons 'in-
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urn KY OK (TRRPAT IH\SIN1<:SS S-31
Monlhl> htiiliKlirs through I>t*«-t*mht»rI'Ml, louelhor MI Hi explanatory note*,ami references to the sources of theilalii. m.'o »»«' foumi in the 19V2 Sup-p l rmrui to llie Snr>ey
\M\"M- Mateh " \\n-A M-.\ Juno ; July ! August
METALS \ M ) MAiNUFUTlRI S Contimie.l
V iw u :i
?s \ M ) STKKL < "i.t.'juo.l
r o t l i i r t s ('• n
... !l'd i '
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M i s c e l l a n e o u s P r o d u c t s
Bt inn"- ni-H ii f t t h i t e -h^o irit'fiift wu). o »n- u m p ' i o n ind sh ipment - , totai .'59 u w i u -fa< iti'i ts th His. ol 1b
Con impt ian and i l n p m >nN. 37 infi-C«)nsume'l m own ;>i u,1 , thou» of lb^lupu ents do
->lu» i s . b i a ^ \\ hole*- di pn v, miH <H,] p , : Sr,
\ I \ « : H I \ E K Y \ M ) V I M » \ J J V I I S
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Ordc?>, :u'\\ . not... . n u n i bOI-I.M--!. inilillrd, i.-n«l oi n i o n t ' u . . . . . <io
dpSiork-^, tMi'l of month .
\ Iofh-ink\ i lhlnkors , sales: %
1 I "
I and 5:
p 7 .Vm\ !it"itcrs, new oidcrs lho'i<. of d"l ,.\V-i»Mi-;u' p . nnaeo . winter air-condilioniii'j
b>,-U ms. u r d cquip inen t . iw.w ord< 1tlious. of do! }.
Mai'hiiu- tool;, sh ipments* „„ •]••> . . . S",d l hi
P i h in t . o i h i - r h a i i ' l , a n d vvirnhMil i p i n n i -u n u >
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1- u r r . a r o b , <. U-i'Tic, i n d u - i r i a ! , l- iu-s' \\<A . . . k i l ' i w . i t l -
V - i l u o - . t l i o u . - . i»l d - i !
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] : < ) ] l i : c 9 9 m a n u f a c t u r e r s o n t i n - r e p o i t u i . u l i s t f o r . 1 ; n . 1 . " ' 1 2 , 21 h a v e d i ^ f i . - J i t ' . ' - J i r d , - , ! i j j J i i i i ' i ) I ^
bvi:innine .Marc-h 1943.
For eatluT 1912 da ta cxivj>t »nr A p u l , M-O ttic Oi-iul.cr I!»i2 ;md Inly i ' ! i ) Sur\<V-b' the KM firms on iho n-portiru: list in 1941, 20 ha\»: di.^C'HLinut'd !)v Tnamuacti
was diseonl inurd 8c{»!. 30, li'12. by order 0/ thu War T'roduc/ion J<>(\<rd; fliiy ULCOIU\\U-x\>i't\ s^rios lmkwort for eieetneal products hav*. boon (o'opl-.'ti-ly r^\ \-M-\\; lor
da ta hoiiinninn November 1941, see p . S-30 ol tlw Jauuai> 1943 issue; earlier da ta an-N seruvs. For 1940-4! da t a lor machiiu (ool sluj) nems , sec p. S-3«j 01 tho \
d d ( l i l d b D d B d ; h b b d
p
p r o t i u c i s !i>r \iiv t i u i a t i o n 01 i h e w a r .
b 3! i I S H
es t imated indus t ry (otnls compiled b \ Dun d- Bradst i
p p, lor April da ta stv IK \v a! boitoin <.\ p. ^ - 3 ! in 1I10 St.']Hember ":9i3 i isue.
c of .--tokcrs; some i i ianuiaeiun -toki s's or,ly (K'fa^ionally. rFli(i nmoulaeture of class I s t"kers- for iho !(•»•<:(• redo'ff iou •«'!(•?• lh<i> n;<ihf h in Jii.1 : ins for elapses 1, 2, and 3.• 11 monthly a\eraiie^seo IKJ(C marked " '"" on p.S-30of the April 1913 Survey and for month lyail:ibl<' on ri-quoM.iber i'»42 issue. The tvrk-* on nuin»»oi ol automot ive replacement batteries shipped rcpn-sentsh i d f l h d t b i 1 7 ill W b l i h d l tt substiiuted lor tht* indexes formerly shown; data beginning 1937 will W published later.
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S-32 SURVEY OF CURRENT BUSINESS November 1943
Monthly statistics through December1941, together with explanatory notesand references to the sources of thedata, may be found in the 1942 Sup-plement to the Survey
1943
Sep-tember
1942 1943
August | ternberOcto-ber
! Xovem- j Decem- j Janu-I her j her i ary
Febru-ary March j April May June
METALS AND MANUFACTURES—Continued
ELECTRICAL E Q U I P M E N T - C o n t i n u e d j
Rigid steel conduit and fittings, shipments jshort tons . I .
Vulcanized fiber: jConsumption of fiber paper _ thous. of ib . . 4, 752Shipments .... thous. of dol . . i, 374
21, 420 i 17,452 ; 14.509
4,2191,351
9, 102 i 9, 613 | 9, 403 ; 10, 002 7. 907
4, 30-11, 581
4,832 •1, 014
4,3141, 405
4, 7071, 595
5, 056 :1,650 |
PAPER AND PRINTING
4,5511,020
5,026 I1,852 1
4, 9241, 613
4. vS9 ,i, r.9
4, *731, HI
Julv j August
1. HI
7,53:
l". 19*'
short tons .! 739, 039
WOOD PI LP
Production:!Total, all grades . .
Chemical:Sulphate, total. . . . _ _ do
Unbleached doSulphite, total do
Bleached--_ doSoda .. do
Groundwood do . . . .Stocks, end of month:!
Total, all grades _. _ doChemical:
Sulphate, total . . . _.. doUnbleached d o . , . .
Sulphite, totaL. doBleached _ - do. _...
Soda, . doGroundwood_-_. do
PAPER
Total paper, incl. newsprint and paperboard:Production short tons..
Paper, excl. newsprint and paperboard:Orders, new short tonsProduction doShipments do
Fine paper:Orders, new doOrders, unfilled, end of month doProduct ion . _ doShipments doStocks, end of month do
Printing paper:Orders, new ... -. doOrders, unfilled, end of month doProduction doShipments - doStocks, end of month do
Wrapping paper:Orders, new doOrders, unfilled, end of month . . do _..Production doShipments doStocks, end of month do
Book paper:Coated paper:
Orders, new... percent of stand, capacity...Production - - doShipments do
Uneoated paper:Orders, new doPrice, wholesale, " B " grade, English fin-
ish, white, f. o. b. milL.dol. per 100 lb.._Production-..percent of stand, capacity..Shipments do-- . .
Newsprint:Canada:
Production sh ort tons .Shipments from mills doStocks, at mills, end of month do
United States:Consumption by publishers doPrice, rolls (N. Y.) dol. pershort tonProduction . short tons..Shipments from mills doStocks, end of month:
At mills do. . .A t publishers _.. do _.Tn transit to publishers.- - do
Paperboard:Orders, new -. doOrders, unfilled, end of month -doProduction - - do
Percent of capacityWaste paper, consumption and stocks:
Consumption _..short tons..Stocks at mills, end of month -..do
PRINTING
359,296,194,123,
33,129,
81,169
13, 382
58. 057.660.0
88.4
7.3088.488.8
251,827244, 59363, 390
222, 71858.00
64,32863,315
14, 547365, 26053, 036
647, 413579, 800637,516
' 382, 686»156, 000
Book publication, t o t a l . . . . . no. of editions.. 605New books . do 476New editions do 129
Sales books, new orders § thous. of books ... 18, 731
819,372 771,141 83s\ 520 703,114 73*>, 070
398,460 : 3 7 1 , 7 9 M329,413 ! 2 0 \ 9 1 t )239,660 '144, 930
33, 284
220. 093132,72133, 391
120. (H7
30J. s j l317.MSO2 1 ! (<10147. i;7^
130,761
185,828 i 17"), 21!
3 4S\:U32,'.N 3002i-\9<>2131. 2146~, 533
I K 421
332 0T92t>0, 23*2<>S, SM3127. 2'U34,794
111,909
I'M 357 119 299 143.9V!
61,57656, 98847. 83831,948
4, 38670,174
72, Mr.00, 06741,34525,909
4,39554.75 4
74, 27407, 11*
21' l.U1, 392
42,40 4
05 2 IN50, 4>030, 8 4320, 13(.
3,7174>), 81-5
5M, JO."50 2503S, 9(»321,3v2
r 529:<9,02t
755. 009
2O\ 302129, 0333t\7i'i11" 500
129, Id,".
Ah. 404
22 UVJ> 398
40 940
719, h3i 793,9% 770,921 78 \ W> 7 JO, 5
331. rw\271,201201 <)>")12i). 519
3.-5, si()13 3 4s5
,07^.350 1,007,(.24 l,20".s73 1 O'j7,H" 1 107,517 1,131/(25
121,013400,098434,629
42.MI536 5"!4" <»*.714, 2S54^ 775
142, S
r>v>is93, 80^
1S2. 8 if>Ih4 0921(»2,317
30.434. 035. 8
7.30 I79.2 ;
79. 5
452 • s ]4 " , V "i4 "2, 12]
4 ? (>12>', ( ),*
1" i . *>' ' )
n, us
I 'M 122^2 219
H\."5JMl"i ^ <Ml. 502
10",. 7».9
'.»*», m101, 2*>0111! 201
47.445.248.8
88.1 :
7.3085.386.6
o\i 2 U5 1 1 , 4 ( 0
253,239 257,618 ;255,563 i 292,405 j154,122 i 119,335 !
223.189 |50.00 !
79,885 i79,556 •.
18,149430,409
40, 270
523,648 !
212,953 :
529,21475
304, 215422, 958
\ I ( ' s 5
177. 0M17") 1(»1
510. 2' )04 )7. ('90471,924
52 lot4^, !' 14s J7147 sx5
171 (>U111 un10(>. 1571M 1 20-!
1H», 1001M ^ slHor11M 007
59.7 i51.3 !51.8
105.3
231,691 !50.00 ;
77,962 i83,560 \
12,551 !455.20352,538
555,071 I230,208535,850 i
76 ':
312, 279420,465 ;
809 i 739 :642 I 582 ;
167 ! 15717,235 ' 16,047
l i \ 215
1M '21118.712
62.750.354.0
97.5 ;
7.30 7.3090.3 ' 90.795.0 ! 92.9
IS "4519 57S45 ( ° 2
71, .i.'l
171 lf.S1 40, s 1!10', ()!")1,2 M71<2, O'.l
55.3 '52.6 :53.0
97.5 :
7.30 I8 6 . 1 ;91.4 j
271, 555295,625 !95,265 !
I254,349 !
50.00 !84,217 i85,458 ;
11,310470.852 :
58,655 j
660,890 ;272,006 i607,425 i
81 i
343,460 :424,451 ;
251,147 i255,087 !91,325 |
260,542 i50.00 i
75,065 I76,207 i
10,168 !447,396 ;60, 108 i
013,746 •321,885 i555,290 i
82 |
316, 454408,753
969821148 '
21, 602
842693 ;149 :
23, 229
ls2 i \)7
-t..0n,5^ 1 U50, 21 ;51.55^12 01M
110.M"i
244,191 !243,530 !91,986 I
252,399 \50.00 i
74,655 ;
75,222 ;
9,601 !
429,255 ;50,094 j
615,184 !
379.573 !559,730 '
331,895394,527
702594108
16, 726
31,58925 07430, 33*.16, s9sX 175
43. 04S
U.21241 ~>\
100 M l 179
109
3732V
M l5Ss0415 53
799202
17'», HO107, "iM
53.754. 455.9
7.30 i89,6 :89.9 :
233,544 ;215,016 !110,514 !
226.74150.00 !
69, 792 :09,691 I
9, 702391,10266,707 ;
629,900 i413,084 I576,376 ;
86 I
344,388374,301
671 i602 i
19, 196
It \J O ! , .
307. 110304, 3032! 5, S19p . s . 3X5 •
3(>. 54"151. \U\)
355, 3242( 2. 973212,3311315. 91035,0(10
146, H9
30S, OiJ30 i. 550217 313141,75C)31.9 47
147. 799
321,889209, IA\2HK7MS13"). 14N
32. ('SO
111, 159 97 97.722 103,3 43 101.713
10. .y.s12. 13228, 0o017,7132, 85*40, 435
11.91sU . " 7 125,95110. :-5O7
2. 55s
12.0878, 2s I
28.352lb (Mil)
2, 7S550, 78")
1I.0.V.8, 1U.5
27.9('317. 7032,54 4
57. 05s
l.'Ji <,Jo7 1,213,177 1,171.
713,575
330 127
12K7053 5.215
VV\ 751
1)1. 1>7
(). .' Is
14] 021
^2 S79
l,llS,l(l 'f
549,509,f is,
68.
4(), i
ISO. 1
592201U80
820Us2591M
M95,( f74473,151
493,375 196,902 'Wi,.">] 5
S 0",0 JSs '481, sO8 4S9, 20(*
f 0,130so, 3S(,50, (>7952, .r92iS, 437
59. 5? 1 57.87, 120 97,"2 030 Js.51,345 50.37,7u2 31.
100,74,
171,1V2193
(K.I4His,,
0(-7sis7 >2217227
132 090 12-,277 1 J 7 ,U,i 007 I")9.',i2 159K.3, hOl U)l,1(»') Ihl,
ls{ s n ]S 5, f JJ 179,174, "/)7 174, S5s i s j ,173. "24 1*0, l".o Ih2
(•20 !<*9,7il 78
17(» 717S<) U2
60.855.359.5
92.6
7.3093.690.4
221,807222,383109,938 ;
208,143 I50.00 '
64,358 I60,147 |
13,913 !381,466 i63,166 j
616, 167454,308568,637
88
350,885355, 044
62.6 i59.5 '59.7 i
7.30 !
92.5 i92.1 •'
66. 561.259. 3
89.0 I
7.30 !
90.1 !90.9 ~
61.054.2 i58.9 :
87.7 •
7.30 !88.2 i89.4 i
246,855 ! 229,573248,469 j 243,813108,324 ! 94,084
254.046 257, 845257, 756 268,99090, 374 79, 229
r37-! "21.
• 13 i 7 "5
- ^ i ssi s
i!.;i;. (j7,971
32S727154
831773Sim
104.>!"(249174K.
4, S.I177,(»
M58,1U
is,10 i
002704
121. 202
If.' 'u.j.
(.2
177
56.6 :58.6 i58.9 |
89.0 !
7.30 ].88.3 !
( J1> 0"s
40.0 :52.0 !53. 2
80.9
7.3082.284.6
\~2501
49.956. 959.4
76.5
7.3086. 984.5
237,111 i 243,281 j 248.255 !54.00 ! 54.00 | 54.00 !
71,357 i 68,001 j 68,707 !71, 824 | 70, 368 I 67,138 !
262,323 i 259.612284,216 i 260,79257, 336 i 56, 156
228,450 212,260 '•• 217,05454.00 54.00 ; 54.0070,274 i 67.883 i 68,01171,944 | 68,083 ' 65,255
13,446 ! 11,079 !377.790 ! 361,553 I53,774 | 57,680 |
723, 296 I 686, 179 i511,220 I 525,287 !670. 257 ! 650, 448 j
94 I 94 I
12. 648339, 29958, 820
10, 978347, 35062, 197
690,364 • 672.371545,673 | 580,083655,261 ! 627,761
96 | 94
10,778 13,534377.487 384,08963,767 44,009
644, 349 I 662, 252571,705 § 570.859612,223 ; 649,082
89 ! 96
393, 634 i 5 389, 304 ^393,197 i 397,129 i 1373, 698 1 395. 746341, 097 ;i 322, 678 ^291, 378 *;257, 578 1 j 245, 472 ^ 204, 724
731 !528 !203
25, 707
668 ]
538 I130 i
20,604
693565128
18, 625
848701147
21, 824
679 i531 :
148 i22,804 l
720 :567 •153
!, 269 :
51242191
20, 037
T Revised. §Besinning September 1942, 3 companies, formerly accounting for about 7 percent of the total, discontinued reporting.1 Computed by carrying forward the March figure on the basis of percentage changes in data for 59 identical companies reporting to the National Paperboard Association.fWood pulp production statistics have been revised beginning January 1940 and stocks beginning January 1942; for revisions through March 1942, see p. 30, table 8, of the June
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November 1943 SURVEY OF CURRENT BUSINESS S-33
Monthly statistics through December j J^JO1941, together with explanatory notes Iand references to the sources of the j idata, may he found in the 1942 Sup- j Sep- jplemciit to the Survey I leinbi-r \
Sep- iV'n- \ o \ e m - l )ccein J IPU-tember bet bet bci ] IM
Fl\T' !
1913
March! April j May June I July ; Auuust
PJ TROLKl \! AM) COVL PKODl CTS
C()\LAnthraeito:
Prices, i'>'.up'^ite, ehe-vtniu:Refil l - - dol. per -;hort tonWhol '^a le . do
Pro Ui• • 11 <n . _.tl iou-. of -))')it ti.riiStock-. 'Mid of m o n t h :
In producers'sioraae jaid-^ .. doIn selecL-d retail dealer^' yards
number of days' sunplx
i . i d i i - i ; i d c o j H U i " p i i i i i a n d r<>r i i l d e l i \ e r i e s
1 j i . i l . i h o u , oi s ' lorr t o n s
l\i lus in i l consumption, total do!!«-,'iiu o k e ovens doiUpioduel c >ke o\ on« d >Co went mills do
Vh ciric power iniiilio-. ioR-uhvjys f d i s , J) <o
l e d and . r o l l i n g n u l l s . d >o i l i e r it, i u - t n A d o
R e t , d d e l i v e r i e s -I .< H ! I . i { > , , n - u m p t i »n, < > d i r i . i e c i e l d->
'^ n ".e- d.-. h i i l M l l l i ! >
1 . l o -icrl-f..fk-\ i n d u ^ m u ,\w\ !"• l id dealer^, end <
i n d t w i i d, ! .' il - d->!>\ pr ) iuct '-okc ov '-r-s do; ' . uie'it n n d s - dof'-, d-Jas r d >i t>. . ]<>Pd-vu-ii- p o w . r u U l i t i e ^ -i .P. »ilu i > - • d . s * P d.Mei i iTi-1 r o l l i n g n n i N d o'/\\u-i i ' l d i ' . - t m l '!•>
l;< • o i l o d ' - r - . t -A ii d o
COM-;
Pl'lCIol . p i r -h.ort t..r.
<>us ol -lu.r» f>n>
d oS i ' i o k 1 , (:i 1 »1 r i o n t " -
n > p p » i u c i p l i n t s I -I d d\ t l u i i n c " pi tin-s d\ t :'!i rch in ! p i mi"-
,' 3 )0
"i, ^n
9 "2
1 7S-5 i 2 l
17 s 5 l *'>,
S 2 i)1".'! N 7
5i
7<j7
o,",(>s 13
31 1
1> 1 ' • >
•I Mi"- 1 s i ;
"i • ' i / 5 i •> i
5 l , 7 l . ' i 1.' iT '
SM *« S7 ' i , i s 7 ' .
i , . i ,
1 s,>, \ «.
''.'. 5'i5 r;% i
s 5 >,s<) 71,
d(>
Crude petroleum:('ousumin ion (runs to stills' j hou<. ot bblPr.ee (M msas-Okla.) at wells dol. per bbl ;Pi., luetiont . _ th.nis. of bbl -li"Iin-ir> operations -pet. of capacityMo<'k.- -Mid of month:
lictiniblo in I'. S.f th'Uis. of bblAt refineries _ . .do\t lank larms and in pipe hues do . 'On leased . do
il<-n \ m California, do\ \ ells oomploledf _ . number
Refined petroleum product -Gas iiH fuol ni\<: '
( 'm iMimpi ion .r. lociric power p l an t s ihou<. ol bbj
Pi ict , luel oi ' i Ponnsy ! \ ania^ dol . j»or <jalProduct :oii
(r ^ oil a n d d i s l d l a t e u H oilihou-' ol bb l
Res idua l fuol oil . , do<io<-k-;, end ol m o n t h
iJa^ od m d d i M i l h i e fuel oil doR.-sidui l fuel oil . do - ;
Pr i iv- , .••i-'olin-A\ !u UsaI«-,ivliii«Ty ' O k l a ) dol.per<:a<Wh'ile^-tli1, i.uik wauon ( V V ) doK^- i i l , -eivie. st-itioris ")Ooit)e< do
! I'.dllolliWl. lot-lHf t'..o:!s ol bl)l-'(i ii'.dit r u n " ! ?o!inej doCi.i '-kod f a ^ l m o doN itm* il v<\ >ohn( t | . d o
12. H 12 IS 12. 49 L2 19 12 19 13 1310 3 4 4 10 .m 1 0 ." .14 1 0 3 4 5 M) . , s j l o >>>M
5.212 5, 159 5. 132 1 s-Jl i. r . / i 1, ,14
2S'< 472 •',("% 7()2 79S 5 42
•{'.» 15 '"0 - 1 33 J!
.•••.«, . i . ' . i i 1^ 3 7 \ , ) O i7, 7-.7 4 i , ! 4 2 J l . l.,7
,••72 5. UK] \ 7s" \ 5,.1 0, I,.1.) 5. its I, V.s y. ti>5 : •. 27 > in. _7" 11. 155 11, 143
7"') 77" M ; s 7 ] , , ! , ; 4 1.0 1'), i s i i ' » , - ! ! ) i l ,)',[) 1 i . s o . i r ; , . , 1 , ! ) 13 . " i o
' 2 5 0 2 . 1 * 2 1 7 22<> 2 51
13 1110 SOI 0.
: Ksi i437
10.'"
i. 10812240
13.10 73 2
149527
13. 1110 7955 0i>S
1310
. 1179."
i'10 217
73. ! *>0 ,"7,2/1 7(), i.".7 7'-,2t'» ,""..'9'i 71.o7;t!0, 23s io . 500 !0.'.)'os ) ' . ! 5 1 io 72L . ' , ' <>
' 102 ' '..'J ' i) » ' J..". ! , i Ii ii s . I IM l w ^ 7 2 2.1 !"2 2o siiT i'>, <<sj ,;,. s; 'J.l, l-»2 13. ->42 U«. . , ' , 3 . L-v> ! 2 . 57') I 1 . >~5
1 2 3 5 1 , 2 5 ! ) . 2 ' w ' . 2o • 1. : '.•) ' . ( . v " .
'•! 500 Id. M;O 10 -si 1 ! • :i. U.. ".'» s / i , ) "
i l l ", lS'i 5, .,73 ,", V.^.\1\ 122 112 11 J
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")r 10s1
*os
1, 01 }1, iV21
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2 i.)2M1
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' 7 1 05, Iris
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114,1
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24 4.40.
IS 4.12,10,
1,
o,
135no42'.) ,80 :
125 ,435 i757 i933 •70'i .745
340 ;985 iii")tj
113. 1741. 310
115, S01 ,S3 '
240.0434 4, ;>(VJ .
182,825 ,12.019 .10,107
830
i, in7. 131
059
no,1.
120,
237,43.
181.12.10
,
7>
^sl110oil :
82 '
30 i •552203OoOsOsM7
.-t.il798 '059
112.1.
110.
2/A,42,
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!7.
110101
82
100i ;• i<j
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112S(,S0"9
113.J.
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234,43.
• 177,12,10.
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2s 1311059
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42344.213
' 170,: 13.
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1,8.
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317145059
101,9351. 110
108. 39979
237 075"W. 874179, 119
13, ()S2Ii), 394
03s
1. 10s7, IS.'i. ut>2
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242.40,
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01311050o
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91511000081
MM 4
039182,313
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003
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183,13.9,
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100701(if)">
120,1.
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310223247870279s.5O
3057S4005
120,908i. no
1 5i), 03389
230. 2S5Is, 100
175,21512,91010,0(H)
v !7
' 1, 1057. 70<)
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1 7 , 0 5 2 I s 1 , 0 0 2 - ' l b , s " > s 1 7 , .502 1 8 , 0 7 3 1 7 , 3 0 0 1 0 , 2 t u 1 7 . 2 S S 1 0 , «)9() 3 0 , 0 7 5 1 5 . 2 ' 1 1 0 . 0 7 * I s , 2 l 0
3 0 , 1 1 0 3 0 , 4 0 2 3 1 / 2 3 9 3 1 , 3 4 1 3 1 , ^.H) 3 2 , 5 4 4 3 0 , 7 9 ' J 3 2 . 7 0 0 3 1 . 0 « J 5 3 3 , 7 : 5 2 3 ; ; , 5 1 0 3 o , 0 2 4 3 7 , 4 1 s
1«)1
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07, 'U;*
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. 14 451*. 10"19. 1\)22", 387
7, 02s4. 909
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t;.")
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'.H*S
10s
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•d,19!2 4.
7,
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701
s . i
059h . i1 !14955)97905250455
• ;0,00.
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7t4.
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o59104 '1440 1 Sl i t )!331 ."iti
9SW
n.01
isis23
74
9M)"S.5
059Ihl1 45sOO8'H'225510
39.« » ( ) .
1 " ' ,17,25
7,4,
o i lsos
0591M14523030939!;;o:i425
3 5.• K , ,
431521
i .
4
29 sh . W
11 ")',<
1011452so42.(.) 57sin32'•
.'A, 135
• u, '2S0
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101. i 45 ,
4'). 05)510. 7972 >, 297
7. 5571. 907
30,• " '
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7,il
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3S1
05910114502529020437!98* >
30, 005• ' i , 1 • ) i
o5M. I'd
Is'. 1S2T>. 77725, 037
7, 190:>. 197
•i2.
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75
l t )7
S4\>
059l ' . l
2300037«) 5
252O.s9 ,
•A \. J2 4
>/, 10/
. 059101
. 1 1051.04417 . {iL>7
20, 4337, 4*75 101
30, 93150. 857
, 059. 101. 140
•)4, 0 3 !19. 37s27,910
7, l iOlu, 493
H M > e d .Jl-mures for i!n (>roduction of natura l <::w>line includi
ber, f>S7; I )eceml)or, S.i'2. 1(,MS Janua ry , 821, Fe ' i i i i ' in , :*suni la i lv , sale^ oflifiuefied petroleum aas are include [ itin tils- note marked ' " I " . Production of s t raiuht-run ease];!7; Ju ly . Ids1; Aueu^t, J14; these da ta are not includt C\ i
+ !{e\ise I serio^. Product ion of b i tuminous coal rovi-produc ts re\ isi'd lor 1011; for revisions, see notes marked '
1 tot. il sales of liquefied poll oleum U J - a- follow s (tl:ous oi barre ls r 1942 August , 502; September . .r79; Oet<;ber, t>03; N o \ e m -29; March , SS9; A:uil , 755; M a \ . '"iT:, J u n e . 711; , Iu l \ , 095. Aut'iL-t. 771, then- da ta are not included in the total for motor fuel:the total production of na tu ia l misohne but exclude1 I from total motor fuel product ion in the re\ ised 1941 tiuures refturet) to
line includos transfers ol cycle products as follows: 1943 Janua ry , }()£; February , 104; March . 109; April, 145: \ l a \ , M ' s J u n e .1 t lie lofil for mot< r fuel.;cd bo j inn ins Juno 19i9; see nole marked "f" on p. S 32 of the April lyl'i Survey. Data for ihe indicated series of petroleumf" on p . S -33 ol the March and April 1943 issues. See also note marked " { " above
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S-34 SURVEY OF (H'KRKXT BUSINESS November 1043
Month1011,a n ddata
l\ si aliiu>irelin
sties through DecemberT willi explanatory
references lo the sources c, may 1>e found in the J942
piement to the Survey
notesif theSup-
i 1943
| .— .! Sep-! tember
JjiT.U- I'rbru-•Jf V
March I ApH
PETROUS M AM) COM, PRODLCTS Continued
j une July
PETROLEUM AND PRODUCTS—Con.Refined petroleum products—Con.
Motor fuel -Continued.Retail distribution^.. . mil. of gillStocks, ua^oline, end of month:
Finished gasoline, total thous of bbiAt refineries . . . . . . do
Unfinished gasoline .do .Natural pipeline do
Kerosene:Price, wholesale, watei white, 47 \ re(iner\
(Pennsylvania) . ._ - . .dol.pei i>;ilProduct ion . thous, of bbiStocks, refineiy, end of month-. . do
Lubricants:J'riee, wholesale, cylinder, nifiner\ ; Penn-
sylvania) . . . . _ do], per tiaiProduction . . . . . . . thous of bblStocks, refinery, end of mouth _ . do
Asphalt:'Production.. . . <hort tonsSlocks, refinery, end of month . do
Wax.Production .._ thou.-.r.nbStocks, refineiy. end of month do . .
Asphalt, prepared rooting, shipments:Total . . . thou> of squares
Grit surfaced .do . .Ready roofing doShingles, all typos . .do
.070
7?17
s,
3<V,
77
l'
)[
v»l
921
Out3102' 1
U » I J
inMil
.'00"00
010000
n i
-.
X,
s,
r;
ii.«.'f
77*
1.
0 2 >
i0 ' •>
42120 i
M-l
MOO
120
410S02091
4t»s
Mf
313,
M !
1.
o!7
-!!!.',
o"7
90011)0
42o210
774
M l
-
6411.s4.
s
2,
" 19ill"
Sh
4
1
i
i ' " l
..24
--..!
It 09s $
1002ou
920"20
!
70
7
, j
i l %
M
j
i,
I s .
>"'4
0' i
1h0• > 4 9
son00(,
100
10(1517
j
17
r*1 It.lM't,
M
31
3 ,
\U )
17".t .17
0 ' • '>» 0 2
]}•»
D i l i
U"72"
oo.»S(tO
t i > , < »
000
767
73*
•
' .1
1
-i
o
•590
i!
•> l)7
st (7s 7 ;
"ill"!• o7*>0
""0(1
t i 0« )
1
sit»2
i
9
' .71
si
1
•-».<' 1 7 1 3 i , M,">
0 7 7 7 s , 6 i 3 7 >, I-i7 ( <>7, 31") f>2 7 9 1
0 57 • 1 0 * 9 2 ^ 10 \7 ,V) ! 1 0 ^ 2 ^ 5 10 T>sOS, (
4t>2
181
700
2io410
4112214297<>2
•J,
3 ,9 t
"04,
M
3,111,
•T;
471
SO()<){){)
9292so
294u:<H2
1 0 ,
,:
5S i,715,
sti!i,i
iii7 i
511
2si
100
S4DhS(i
270VA09^
10.
' . ; •
s,s.
71V
s t
i1,1I
179
(•70
<>7S
; ( i 0
300
4St)4S0
1 19-it.452s217
10
:',
(•71.
7h
l '1.1
•> >s
071}
7M0
Ih'i
412
009
921!729
417lot.5hl
no
i 11
:
">t»2
:i111,1
2 ' i J
In!)
170
12:'* i ( .
STONE, CLAY, AND GLASS PRODUCTS
ABRASIVE PRODUCTS
Coated abrasive paper and cloth: !
Shipments , . . . . _ . . reams.. | 142, 508
PORTLAND CEMENT !
Production..- - thous. of bbl._ j 11,380Percent of capacity . j 56
Shipments thous. of bbl.. | 12,296Stocks, finished, end of month do j 19,704Stocks, clinker, end of month ..._do I 5,258
!
CLAY PRODUCTS jCommon brick, price, wholesale, composite,
f. o. b. plant dol per thous . _ | 13,427
C L A S S P R O D U C T S i
Cila^s containers:Product ion. . thous. of uros^ 7,5s;»
Percent of capacity . 120 9S h i p m e n t s total - thous. of <rio^ 7,619
\ a r r o w neck, food. . _ do s:;.Wide mouth , iood . . do 2.127Pressed food ware do 39Pressure and nonpressuic . do 3shBeer bot th-s- . do 119Liquor ware . do 76sMedicine ami toilet . . «!,. l. s29Oeneral purpose . . . do 5s*jMilk bnftlos . do 2t»lFrui t jar1- and jelly ^latses do AW
Stocks, end of month . do i, ss2Other tflasswau1, m ichine-made:
'! umblers:Production . thous . of doz i. ">H»Shipments do 3.99hStocks do 6 953
Table, kitcb.en, and hou^ehoidwaic , v-hip-inenls thou^ oldoz 2.168
JMate jilass, i)oli^hed, piotlucti(»n fthous of sq. ft J 7.313
W md'Hv glass, prodnctioik " JIHMJ^. ol boxesPercent of capacitycf - . . . . .
GYPSUM AND PRODI C I S
Gypsum, production: ;Crude...- short tons,-!Calcined . do ;
Gypsum products sold or used:UncalcinedCalcined:
For building uses:Base-coat plastersKeenc's cement . .All other building platLa th . . .Tile\Vallboard.
Industrial phster1-.. .
thous
dododo
1;shon ton> -
135,030 1 142,985 ; 120,953 ; 126. s 7 | 150,497 i 153,639 i 145,123 j 138,181 123. OM 157. 2'A;
17,60585
21,28215,2684,493
17, 54187
20,148
18,29387
20, 38412,708 I 10,625
3,606
13.265 i 13.255
2,733 !
13,213 13.215
1",
14.3 2 .
2,
273SO
ti532 isSlo
1 1
S,17
A
116t>7
9 5 5 •12S509
12
,s%
'21,3
.")»>()00
t i l l36s77]
10
8,22
4
2 9 3 I
54 !656 i985 I566 ;
11,
10.24,
4,
39254
107111926
11,
12,22
5,
239 ;55 1
757579 1312 i
12,
12,22,
5,
384 j59 j
075 !891 j574 1
11.
12,22,
5.
89558
702 .067455 .
11.
12.21.
5,
SSII5»'.
41154256s
11.
- 12.r 2 0
67356
oS7t>2ilti^S
53.243 13.219 13.260 13.279 13,384; 13 .433! 13.442; 13.423
6,609 !98.2 I
6,921 I546 I
1,837 I33 !
320 I738 I
1,164 I1,253 i
329 !270 I401 i
9,139 I
4, 498 :4,532 I8, 196 i
6.328 i97.8 ]
6,897 i818 I
1, 632 I31 I
315 j647 I
1,095 11,286
361 i286395 I
8,490 I
3, 8803. 8298.239
6.86998.3 ]
7,005511
1,84549 I
350 I625 j
1,172 !1,662 !
455 j276 j
29 l
8.299
4, 500 i4.888 I7,837 !
3, 048 ; 3, 606 j 4, 608 i
3,863 i1.075 I66, 2 !
4,7411,097
4,924 I960 !
59.2 !
100 4«i, 2M
150l .Wil
39 1331 I681 iS20
1, 508 ,520236
138. 31«»
3, 77s3.535
4, 6!2981
60 •>
• I. L'9993 (i
6. 564Us
1,73539
3'12Y238(>S
h 191f)lt>272
7,3U112 ,S7,246
1911, H I
II3C.Hh!9 .790
1.921551207100
• ''. ti72110. 7
7311.70S
7. 561111.5s, 154
19!>2. 111
U>17S
116. Ss. 132
4«.«>
2, 10933553S52sl7
1,92270220740 4
5. sill
3. <A73, 7 lti7, 177
3,744
5,0011. 297
4, 1753,71,3
X. 5s,")
4.91H1, IW
71. S
4. 2io7. s<)3
3,713
4, 7751, 11368.6
J1,213,817 I.! 754,911
381,730 '
] 99,0612, 005
77, 4S3197,81"
31. " 7
3'). 3(»9
l.U9,v>3()5\ 053
388, 625
129, 4»»s2, 25s
61,695159. 12312,32s
IDs. (Mi
3V3OI
4. L'S45,33sf>. s7'i
5. 2371.249
76.9
855,028546,388 :
101. 2<>2i.959
11.'). 4073, 1<V
4. 227
ii, is]
3, t>22
5,4881, 00561.9
8, 104129. 1s. 350
5(>72, 220
42oSls i 979S
1. 9706s2!',*!4ti4
4.92!*4. 5976.544
2. 99ti
5. s;>59 42
5s . ! •
7.773119. 18,262 :
590 ;2 227 •'
55 i008783757
1,8916S2247398
4 SS'J
4. 5504,924 i6, 179 :
3, 402 ;
5, 898 ,1,079
(WK5 I
7,685117.7 ,7,616 !
661 ;1.956
34562570676
1.890614251359
4 845
4. 8604, 8356, 160 :
2, 692
6, 4161.090
67. 5
S. 272j2C>. 77. 997
74s•2, 20 i
564 19l i t )73S
l.t»7!>»is:j2S L4o«;
"1 {)')O
5, 0904,775u, 467
2. 365
ti. 9941, 296
79. 8
1,017,131«75. 307
14J, Ms2.0S1
t-2. (>27111. 65S
2. 9S2r l<)h. 4 1(1
3d, 252
r Revised.c? Collection of data temporarily discontinued. Production from October 1942 to August 1943 is partly estimated,§ For revisions for 1941, see p. S-33 of the August 1943 Survey.If According to the compiling agency, these data have represented approximately the entire industry since February 1942.
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November 1943 Sl/RYEY OF (VRKKNT Bl'SlXKSS S-35
oiitliK stalislios through December19-11, together A\ilh explanatory notesand references to the. sources of thedata, ma\ be found in the 1912 Sup-pirnii'nl to the Survej
\ o \ c i n - })e<-« til- J I I M U -, b i ' ))('• ,vv
TFXTII.K PUODICTS
I-Ybru-'II \
1913
Juno ! July
CLOTHING
Hosiery:Production .-thous of do7( n pur^ 12, 5f>4S h i p m e n t s . . . _ . do 1L\^7')Stocks, end of mon th _ do 17, v>
COTTON
( u!!<iii ' ev inc ive o! lniters):( '{.n-uniphon . . . . . . .bale-I'ricc.i n c e n e d by farmers . dol. per lbPrices, wholesale, middling XY\%" aseraL'e,
lu niurkefs . . ' . _ . dol. per lbProduction:
< i innings § . . thous . of running bale^_Crop int imate , equhalf-nr 500-]b. bales
thou*. of bale-yto<'kc, domestic cotton in f lie I nited States,
end o! m o n t r r tW in houses _. - thous, of balrsMills _ . . . do \
CuUon iinters:roM-umpiu n_ . . .-- . .- - doProduct ion . . _ . . . . . . . . . do 'SiiK-ki-, end uf rru n th - . . . do
872 loo.202
is*, MMi . s s i
111
<:OTTO\ M rn m;sCotton cloth: ;
Prices, wholesale: IM ill margins cents per 1b_ _ j 20.37Denims , 28-inch . . . d o l . per yd . 192Pr in t cloth, 64 x 60 do 3.087Sheeting, unbleached, 4 x 4 do 5.108
Spindle act ivi ty: |Active spindles . _ . . thousands_. | 22,631Active spindle hours, total mil . of hr ._ | 10,325
Average per spindle in place h o u r s . . 442Operations percent of capaci ty . 127. 5
Cot ton yarn , wholesale prices: |Southern, 22/1, cones, carded, whi te , for kni t- I
ting (mill) f . _ _ dol. per 1 b . _ i .414Southern, 40s, single, carded ( m i l l ) . . . d o j . 535
R A Y O NConsumpt ion:
Yarn . . . . . . m i l . of l b . i 40,4Staple fiber.. . . . d o . . . . i 13.7
Prices, wholesale: jYarn , viscose, 150 denier, first qual i ty , mini- j
m u m filament dol. per lb _. | . 550Staple fiber, viscose, 1 ^ denier do_.... I . 250
Stocks, producers ' , end of mon th : \Yarn _.T mil. of l b . J 7.9Staple fiber . .do j 2.8
WOOL
Consumption (tcourod basis) :\App<ir«'l class _ . thous. of lbCarpet dai-s . . do
M'tfhirim id iwt j (weekly avi'ragi'MLoums
\\ .i')k'ii and worstfdBr"<idNarrow
Carpet :uiBroadNarron
thuus of acti\<-do
'1cdo
p [\\ool< n . doWorsted - do
\\ orsie-J cfmb.s . . doPrices, wlioif^alc
Raw, t(rrJtor>, fine,, scoured dol. per lbRaw, Ohio and IVnu., llecces . doVustr'jh'in »H\dnt*v), 64 70s. scoured, IK
bend (Hostnn) . . . . . . do! per lbWomen' dro^ ^ood^, French scrm\ 51" (at
n dlj dol. per >d^orhiod >ani, r'o2'-. crossbred ^toek
'MOMOIH - - . dol. i,cr lb
1 2 . •> 51 2 , t i t22, 11
J 3 , 0 V_' 1_) •1 1
7s
on
2 , 1 x 'I J 9 3 7. V If"*
i I"-,! 1 2 ,! 19]
2.1597,"74*
1 1.Is
412.'• i 473 5
] 2,13!] s
l i l X !3:5 ;037 j
12,12,17,
211 !316 !992 '
12,13,1",
966 i033 !984 ;
11,U,18,
527 1386125 i
12,1217!
267714677
921, 9
11,53',
196
H 7
7\r,
. 197
Of. t
]•_' H7
U.?7. 1221UU
»02. 301.201
.211 •
".MS. 433. 200
.211
r N39, 86S196
209
107
*42,
1.
260198
205
785
9 C ir 1. Tin
- 1 2 . f.i >t
* 123'2S \490 '
°2.17.193.090,10s
1• 23. 001
10, 9*1' 460
r i.r 0 i
.421, 515
38.212.7
. 550
. 250
3. 9
22.03 -192090 '108 ;
' 23.988 :
11,1 ill .' 409 •
' 135 4 .
.420
.515 ;
21 85192OIK 1
.10H
rOJ 01S* II 120
- 480' 137 3 '
. 414
.515
21 47 ,. i92
o'lO ;
' 44 ir 1.5.J 9
. S14 >
. 5 1 5
His '
' * i ; •
21.0s, 192 ,J'9010s '
' 10,726 1' 1.11 '
r 128 3 1
20.32, S920»i0 I
r 10,S25' 15S
414 !.515 •
20 011M2o'.ni
22. 907• 0,251
435
. 414 !
F 10, ,V4i2. 3 \7
lor,63
19.62 I.192 !
3.087 i5.108 !
19. 69.192
•I 087s. 108
9729
- 733
19. 69.192
3.0876 .108
r 7, 648••2,050
10720
658
7, 9991.876
1084C:
613
' 22, 925 • r 22,895 i »• 22, 777 I r 22, 769r 11. 04^ I r 10,928 j r 10, 577 | r 10, 714
195 465 451 ! ' 458H I . 4 I 133.2 I 134.1 j ' 130.0
.414 ! ,414 .414.515
.414
.515
12.5 !
.550 !
.250 l
8.0 i4 .3 I
41. 112. 6
. 550
. 250
J. 71470
125, 173120 250
237
19(1
,79 ' )
52,3013,011
2. 657
121. Ml?112, 130
23 7
1 5."S
I.sOO
45, I'm3,210
6941
3s, S12.4
550. 25()
41,3**3,036
2, 65071
1 J
41 013.2
. 550
. 250
S 73.3
45.5( i i
\2
37.912.7
.550
.250
8. 93.0
39.012. 6
. 550
. 210
7.12.5
42. 8 j14.0 j
. 250
6.82.8
41.513.2 !
.550 i
.250
41.812.9
.550 !
.250 '
39. 6 i13.3 !
. 550
. 250
6.52.9
19.94 j. 192
s.087 S5 .108 j
122,667 i•9,888
' 4 2 3 I120.0 \
. 414 I515 i
40.0 113.2 !
.550 I
.250 |
6.43.2
20. 34.192
3.0875.108
22, 63310,091
431122. S
.41451 r
M l . 4:13. 8
.550
. 250
r 6. r3.5
49. 3202, 911
2. si:'-67
(i
30, 2802. 972
70 '
11 !
2,
980610
721 .:
63 ,
60 ;
39 i
l \ 8322, 10<>
2,716 :
59
60 :
40
17. 32*2. 132 !
2,615 161 !
5437
r 54,2,
r 2
800 :180 '
41555 :
4831
46,2,
2,
136,464
514
5335"
12\4'J5 V2L, MM 126. ,M7Us. '
217
1 -ju.1531
., 790
1.559
1. 800
I 15. 3 1120 r
1 20.1
. 790
1.559
1.800
20")
!. 20"13.1
. 790
1.559
1, 800
121, 120112 922
1. 20.1135
,. 765
1. 559
1.800
133 4s2i>9. ul.1
J17
1.559
1. 800
131, *9O ! 129,049 ; 130,201 i 127,186 ' '115,836 ! 125,93kUs.s .J5 I 114,009 ! 118,047 \ 113,716 I '105, 100 j 108,733
1. 559
1.800
219
1.205 ;
. 535
. 765
I . 559 :
1.800 i
226
. 53s
. 765
219
I 205. 543
. 765
1.559
1.800
1.205. 544
210
1. 205. 545.
' Revised.1 Total ginnings of 1942 crop.2 October 1 estimate of 1943 crop.3 Price of 64 x 56 print cloth; production of 64 x 60 cloth, quoted at $0,090 through June 1943, has been discontinued.* No quotation.5 Price of 56 x 56 sheeting. Prices for 1942 are for 56 x 60 sheeting; production of this sheeting has been discontinued.§Total ginnings to end of month indicated.j For revised figures for cotton stocks for August 1941-March 1942, see p. S-34 of the May 1943 Survey. The total stocks of American cotton in the United States on July 31,
1942, including stocks on farms and in transit, was 10,505,000 bales and on July 31, 1943, 10,569,000 bales; stocks of foreign cotton in the United States on these dates totaled 135,000bales and 88,000 bales, respectively.
IJData for September 1942 and January, April, and July 1943 are for 5 weeks; other months, 4 weeks.• Carpet and rug looms converted to the manufacture of blankets and cotton fabrics and woolen and worsted looms operating entirely on cotton yarns have been excluded be-
ginning January 1942 and July 1942, respectively (see note marked " • " on p. S-35 of the October 1943 Survey). August 1942 and 1943 figures for these looms are as follows (thousandsof active hours): Woolen and worsted looms on cotton yarns--1942, broad and narrow, total, 36; 1943, broad, 64; narrow, 12. Carpet and rug looms on blankets, broad—1942, 18; 1943,38. Carpet and rug looms on cotton fabrics —1942, broad and narrow, total, 188; 1943, broad, 53; narrow, 101. Total machinery activity for the 2 months can be obtained by addingthese data to figures given above.
tRevised series. The yarn price series for Southern, 22/1 cones, has been substituted beginning 1941 for the Northern, mulespun, series formerly shown; for monthly 1941 dat;*,,.see p. S-35 of the November 1942 issue (1941 monthly average, $0,355).
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SURVEY OF CURRENT BUSINESS November 1943
Monthly statistics through December j JQ.JO1941, together with explanatory notes |and references to the courees of the jdata, may he found in the 1912 Sup- j Sep-plement to the Survey ! tenibei* August Sep-
tember
1942
Oeto-
1943
Xovem-!ber !
Decem-ber !
Janu-ary
Febru-ary March | April I May June
TEXTILE PRODUCTS Continued
Jul;
TEXTILE PRODUCTS—Continued
T\\ onl — Continued.Crocks ^(OII-KI lijM^, er(l >A qu^rtd, 1
Tol.il ihoib. ol 11,Wool finer than in-,, to*. 1 do
DonuMi'1 . dor.»iiiun io
\\ ool \(U and K'loU ,) 1 1 C1M M do
MISCI:LL\M_OI S PISOIH CI>
Tur, M I C ^ h% d e . l u ^ t h o u - «,f «i >iP \ i d \ \ l m - c < a t " d i e M il( s u o i l o n f i h i ;•
O r d e r s , u n f i l U ' d , u » d o l m o f ! '<u-> li i \ d
{ ' \ r o \ \ l m s n ) , c\<] I ' M , u s , , j ]>,
^ l u p P H M i t ^ . v«11! d I h o u ^ h i <> it v 1
1'."
I'M
12 > f .12J2V<> 205
M I 0 7 0
•1. lt»7'"> 7l!()
7 7 , 120"7 3 1 4
I, I.M,1 _'.".1 731
s 01 ]\ r 21 3 " U
1 2 1 s
TRANSPORTATIO.X EOUIPMIv\T
o!\{
nd
ol] (
ili \\stM
( j
i b i
AD
H I 111 1r c i r Ii
( n ^
month1(> ! i i ) l \
TOMO1JIL
il«' i i ' n>na»
i i ( ) d ' l ( ' t i ' / l l
E S
in 1(' 12
! » ' s < M ) I M i i
<• 3 i , r . ; « »P ' U s I
!.,
Io. < 1 1 1 - ' .
l . 'O
1 U l l ^
381444
14732
.W \ \ J Ol II'MhN I
\ ' 1 IC! 1( Ul \i l l l ' ^ s < 11 l U s t l ' h M^ • l l D I P >iN
I i ' i i,t < v •*. I if.il i . u r i i i < i (I 105L ' O I M W K - t i o 3 . o09
P isw I : ^ ( M f a i > , t i ) i , , l a 3D o m i N ' i c 1«> 0
\ ^ D i ' i it io • o l \ r n t i h i n II n l ' o \ N1 r a h t ( \ u s , e n d ol i , i o* , t ' > :
N n m t ' i v O U T M M ! t f ioMMHti-s 1 .717I rifle u o i n L oi n \ a i M i i - t l i W i o d \o\ i i r ^
1 n o u s n d - 4-<
V> : C ( > M o l h . K 1 o n l i i i f 2 . s
o r ] ( i s , u i i f i ' l c 1 i l3 27 . ijt»iir . q u i . m ^ i i i i t u i n u l u t u i e i s d " 2 i . 4 ! dK a i h o d d s> ( l i , s <io f>. 2 N S
1 o i ' o i . ' o n « . , s i ( a i n , e n d <J m o i ' t ' iI nd<>> J, i iu o r a\ \ a M I > L c ' i s n i c t l i ' ' u ^
nutrdnr 2,070Percent of lot il on ]nv 5. 3
Ordors unfille 1 Tiainbt r 4fi8Equipment m mufa ' taiei> d<< 3S7J i c u h o a d s h o p s . d > 81
INDUSTRIAL ELECTRIC TRUCKSAND TRACTORS
Shipments, total number.Domestic do ;..E xports - . . ._ . . do
Physical volume of business, adjusted:Combined indexf 1935-39 = 100
Industrial production, combined index!1935-39 = 100
Construction! _ _ do.Electric power . do.Manufacturingf do.
Forestry! do_Mininp:! __.... . . .do .
Distribution, combined index!-.. _.do-Agricultural marketings, adjusted:!
Combined index - do.Grain do.Livestock . -. do~
Commodity prices: jCost of living . . . . do ! 119.4Wholesale pr ices 1926-100.. j 101, 2
Railways: |Carloadings thous. of cars.. IRevenue freight carried 1 mile _. mil. of tonsPassengers carried 1 mile mil. of pass., j
2011
955 , 1.575 ".. 2.142 2.202 2.241 3.061 3,30o574 j 1.40s 1,970 : 1. S06 : 1,428 ; 1.447 '. 1,321
10 •. 0 i 0 8 \ 0 0 i 310 j 0 : 0 1 0 0 ' 0
1. 7.'M i 73't 1 711
31.24.w.
o
533 1i<;5(•26500
593 .6. 6 i323 |256 !
67
2 7
2N 352. . 2>.)
2,381 !6. I |314 i238 !
76 i
•12
2. 12:*. 20122. 119
6, 7v-5
2. 143 j5. 5 i2S9 I216 !
73 !
152 *>
2 7 . 3(>s
22, I- 7"). i l l
o i ) ) f S
" 5 . 4309
' 2 7 0M)0
12 if r .2 1 2 h 2 (>
27,Of»l Vi 2M !') i2(>2D. 065 1") («>u 15. 117
5.4 4 9
382 '344
38 :
438 j415 !
23 j
420 ;418 I
2 i
367 ;352 :
15
411380
312S0
5300
33
135425
10
CANADIAN STATISTICS
20,0. 7 • 206. 1
232. 5134.3142.8248.8120. 72!6 6
i ;.o. i •
235 1 !127..S !1 10 0 ;253 3 '116 2 ;
21 >7, 2
23S. 697.8
13b. 5262. 6126.71U5. 7142.1
207.8 231.7
2')') " l i2~A 7171 N IV>1 1 3 2")->
' 2)1
1 " . . . ( .
s.i1
< f>SO
»i7
(t
s
1 i fl i
1 I jp.i. 7f.'»
it) 22*i1 220,1 > ^ )
1011
21
j ,
393640
40
42
2' Ih."3
410384
26 i
353342
11
378362
16
236.9 236.3
99.6
9S. b
102.9
13 6 106.6
4. 59?532
117. I91. S
2'101, 550
112 9.9
117.890. 6
323i, 171
404
40
41
5. 584 ;1. 469 i
0
0 ;
1 711 '
112 b
20 71217 Wl
i UU
2 -M") J1'f)i\2l o t
S. 045 j1. 641
6 ;
0 i
1,740
472. s
19,30716, 102
3. 235
2.082 i5. 3 i394 '305 I
89 '
r 8, 009 i1,034 i
0 :o S
1.740 |
48 i2 . <s
3,3. 5372S. 227
5.310
2,052 i' 5.2 i418 i340 :
78 ;
7,837 :1,420 ;
o 10 !
1.711 ;
102 0
31."1127,011
1. 733
2.051 !5. 2 I506391115
i, / 522, 3S2
0
0 ;
!. 712
2 '.)27, 71.'"1
23,5771.21s
o i); i5. 1-H53.k>5
10(1
O . S l o2, 095
il
0
!, 7JJ
2. s" 2 s , ['.]']
22, 975:..ns
2, 1055.3461371
90
241, 0
239.3 i106,9 i137.3 |263.4 !116,7 !192.0 !142.7 |
05 4 i90.4 i
117.0 ;
118.6 !97.0 !
291 i5,077 i
385 !i
250. 8 |101.5 i140.1 !276.2 !124.7 i209.6 '160.6 i
141.7 !146.4121.2
118.8 !97.0 j
273 ;4,750 j
652 |I
254,6 i95.0 !
142.5 !279.0 I105,6225.3 I166.3
133. 5149.8 :62.8 |
117.1 !97.1 :
2374,063
411 \
267.8140. 7141.8290. 8120.7236.1143. 3
110.3113. 397, 2
116.997. 5
2474, 456
388
269.190.8
146. 5294.1124. 4250. 6154. 3
108.8108.4110.7
117.298.5
2865,083
481
274.483.7
153.0296: 7116.0281.2159.2
224,9256. 786.6
117.698,9
2805,167
519
267.891.3
161.2286. 5118.5285.0157.2
252 7290 4
88.9
118.199. 2
: 284' 5,460! 508
267.2!73.6 1
161.6 ]285.6 i132.2 i295.5 1160.5
258. 3 j293.0 I107.6 1
118.5 :
99.5 :
298 :5,611 \
' 561 !
270.2 j69 . 5 •
167.3 ;284.8 !126,6 :
327.7 i166. 1 :
295. 2339*3104.0 !
118.8 !100.1
293 !5,515 '
657 ;_.
276. 884.9
163. 7290. 8127.2337.7166. 9
120. 5123^4108.1
119.2100.4
r Revised. p Preliminary.!Revised series. Wool stocks are compiled on a revised basis beginning 1942 and cover all known stocks of wool in commercial channels, including stocks in the hands of country
due mainly to changes in the weighting and in the list of components, so as to present a picture of the expansion in industries engaged in war production. Revised data were firstshown on p. S-36 of the December 1942 Survey; subsequently the construction index was further revised in" the March 1943 Survey. The revised index of grain marketings is basedon receipts at country elevators. For revised monthly averages for 1941 see note marked "f" on p. S-36 of the April 1943 Survey. Revisions for agricultural marketings beginning1919 and for other series beginning January 1940 are availabe on request.
U . S . G O V E R N M E N T P R l N T i N S O F F I C E : 1 3 4 3
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MONTHLY BUSINESS STATISTICS, Pages S1-S36
V-_-l_____£____.>/-9r ^cTjo^^,
- _ , .-SSH..--^-™-..*..: .T - , ,
s >,
> i; . S M
1.9,9,10,11,1.,. i4
cSKpWtCtt''™'^ ; u
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1 J 14
u t
F v t "
Federa* G<m tais't^M. in .« i
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H « ' l 5 ,. ' HK.1T.
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IHrt <- * ! * m. i - -v
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9
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1 "4 2 »
6
*_j' 242Q
.» " , 9 . J o I I # s ! 1 1 4 , if* l T * s f*, 2 7* * M < f w t h ' • r f I J 1 0 , * / f " f 1 4 , M
Fonn 5} / t\7i»j'ntt.id -U
1 > '"3 1 1 1 j f I fa U
Ivit , i
r t f t i n
Pages marked SNew sprmt » __ - 32New York, employment,, pay rolls, wagea-10,12,14Ne* York Stock Ex«haBge. ___. .____ 19,20Oats.. _. ___„ __.„ 26Ohi< e c ployment, pay rolls ™» -. . 10,12Oils and fata . 4,23,24O1 v/marga'-inf* . 24\)T kT8, new, m inufacturers*-. _, . . . 21 nt «uad p*imt materials . . . 4,24l.ptt o.i pulp 2,4,9 10,11,12,13,14,16,32P mac* *-a twued . „ . „„_ „_„_ 22P-v t ills
l*a torv b cuties and States . . . . . . . 12I t >ry b/mduHtnes . . . . . _ - _ - . . ._ 11,12IMt nraanufa^tunrg industries-. 13
Penntviv rua» employ ment» pay rolls, wages. 10,12,14
I>tx nam and products. _ . . . _ _ _» 2,i,4,9,10,11,12,13,14,17,33,34
I ig if on _ _ . _ . . . _ - . - - - - 30Pjjnelam enameled products . . . . _ _ . _ . 31Ptwk . _ . . . . . _ . . . _ „ . . 27I ostai business. ^_ _ . . . . . . 7Pont ii savings „. . . __. ,__ 16I <• ultry and t^g.% . . . . . . . __ 1,3,23I n i (see also individual commodities):
Ret -ill mtleses ^^ „_ „„___ 3^1 (-sale indexes „ . . . . _ . - _ _ . _ _ _ . . _ 3,4
f Tint iifc - 2,9,10,11,12,13,14,16,32Pr >1 u , corporation . . . . . . 18± »»bl ( rehff . _ _ _ . . 15I'ubl t itil.ti^ 4,10,11,12,14,17,19,20P llman Co. . _„ „_„ 22t \n i % . _ . _ . . - . _ 31k i r« ha**mK powrr of the dollar. 4kadu adverr^smg ._ 6PatlAiys operations, equipment, financial
^tmtisiics, rniplovnient, wages™. , . 11,12,14,16,17,18,19,20,21,22,36
-vouvv /*** *»ftct;t ( w Street lailways, etc.).R ^ o 2,4 9,10,12,13,14,35fltm pt&, U S Ca'Tvernment..--. . . . 18* ei oustiurtmn Pman<e Corporation, loans. 18Rf nM ihoueiug) mdex „ ___. 3R
Ml rcta*J sicirs, sdies _t h i* tor*^ „.
IA*\\ orde*R i*a\ fe, n«*rV merchandise _
r' * . .
L?ibo,rt.ouu<t«
is- f en 1 Jambs
'--il r nta numttat ti
77,8
..____ 8„ 8
8— — 26
_ . 342 4,9,10,11,12,13,14
. - . - _ . . _ . - 1627
. . . _ - — 11,13„ „ _ _ „ „ _ . . _ _ 2
*» 4,7,9,10,12,13,14,29»»h nciuog, _ . . _ _ . . . . - 24^\?> __„____„__ 17\u ^-___ 28
i hte \ni$ end me ml packmg . , , . 1,2,9,10, 12,13,14,27
i ns u i l Mfybvn o l _„,__„« 243 i i le * b r i ( t n i W O J ! .__„„___„ 35? *•' rui ior { si l i o n and steel) .
ii p _ . 29j iu t ie j ^ r i a t it stojc (see also manufac-
f t ' - I ' l l T t M C t ) ._ 8» « s U«*JI s ptir s &ile-, v te lds _ _ _ . 2 0 , 2 1it i l a v . j t i d f 1 "\ p i o d u c t s _ „_„_„._ 1,
v <*, 10,11,12,13,14,16,34•j < i<iu , i s W busv_ 10,11,12,14
t . . . - 28. . . 23
- * M w x 23» I si P ** __„.__„ 23
i 1 ' t i * !<*?,*•* "'i "• ibie, and radio-tele-i t h s it a 10,11,12,14,17,23
i » !« r *,9 10,11,12,13,14,16,35? » . . . 34i n . 31I ' ( * 2,9,10,11,12,13,14,23
o » i i hs 11,13,31Tt * t ! l l ^ ' t M C 1,7 8,10,11,12,14,16
i i 1 i \r«* H tiJ . __ . . 21i m ' i i t P '-»un » *Y and passenger._ 21,22
J , I t K J I KtHl i t . 1 ,; , t,o J0, 11,12,13,16,36
' ! ^ S _ . 2 2
i (' i v * s JI fas*iial e iec t r ic____ 3 6> Kilt . . _ „_ 8
* ! ) K G O V U P I ti i bcndi 19,20LM t C nw np,< nt, fmit ce__ 18
i i * t *J ^J s rpornl ' jn 21,30n i« I 10,11,12,14,16,17,19,20
\ t ^cf<H »ndt" „___ 8\ - i . 23V, *f i i ' mt . „„___ 3,25\^ * t i tin cllamou8____.. 13,14,15
» r i ! t M M , , U i r C S_ . _ „ „ _ . „ „ _ 18W i! , v u i rids _ . . . 18V »t * %l ! O . H J M 1 6
\ * i < t • iiioii, employment, payr. lis . . . . . . . . . . 11,13
M » r i t ' i j . r . . 2 7i i . 1 <• i r i ( » « - « 3,4
* > *n,a K i TI ivm fu p y rolh, wages. 10,12,141 a . 4,32
^ > iH At I I I ill* tdi«i 2 4,9,10,12,13,14,35,36
Zi nc , . „ . . . — . . 31
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