survey of current business weekly business supplement...shortages in transport and storage...

SURVEY OF CURRENT BUSINESSWEEKLY SUPPLEMENT

UNITED STATES DEPARTMENT OF COMMERCEBUREAU OF FOREIGN AND DOMESTIC COMMERCE

WASHINGTON, D. C , APRIL 23, 1942

SUMMARY OF BUSINESS TRENDSINDUSTRIAL activity in the aggregate is continuing to makex moderate gains as the output of war goods moves sharplyhigher. The Federal Reserve Board's adjusted index of indus-trial production stands at 174 (1935-39=100) for March, up 1point from February and 3 points since the beginning of the year.The steel industry contributed to the increase-with the record-breaking production of 7,393,000 tons for the month—98.3percent of capacity. Steel output at present, however, is laggingslightly as furnace repairs are being made necessary by the highrates of operation. Emphasis is still on the production of certainfinished products, such as steel plates for the large shipbuildingprogram.

Bituminous coal output in March compared favorably withproduction in March of last year when activity was high inanticipation of the April strike. Production from Januarythrough March 28, on a daily average basis, was 5 percentgreater than for a year ago, with present production continuing,high as consumers are urged to stock up now in order to easepressure on transportation facilities later in the year.

Crude oil production, on the other hand, continues to fall asshortages in transport and storage facilities hamper the industry.Daily average production for the week ended April 11 was 3.5million barrels compared with 3.7 million barrels for the monthof March. For similar reasons, gasoline production has also been

declining, production for the week ended April 11 falling to thelowest point for the year. Gasoline stocks on the East Coasthave declined to 17 million barrels from the 20 million barrels onhand at the year end. In view of this situation, the War Pro-duction Board recently curtailed further filling station suppliesof gasoline in 17 Atlantic Coast States, the District of Columbia,and the States of Oregon and Washington. Filling stations arenow limited to one-third their average deliveries from Decemberto February. This restriction is the most severe which has yetbeen applied to the Nation's supply of motor fuel.

Although the volume of rail shipments remains large, theFederal Reserve Board's seasonally adjusted index of freightcarloadings declined in March to 136 (1935-39=100) from 139in February and 140 in January. The chief reason for the dropin this index is the failure of the industrially "important mis-cellaneous group to make the expected seasonal gain. Increasedwar shipments did not completely offset the reduction in theshipments of many durable consumer items, the output of whichhas been curtailed by various limitation orders. However, withnoncivilian output expected to expand markedly between nowand next autumn when we may expect the usual seasonal peakin loadings, the railroads will be called upon to move even sub-stantially larger volumes.

1 4 0

(20

too

80

60

40

I94O^>

STEEL INGOT PRODUCTION(PERCENT OF CAPACITY)

1941 ~* yty f ^ \ [

•—^ _ m /

. 1 . . 1 . . 1 .

SELECTED BUSINESS INDICATORSELECTRIC POWER PRODUCTION

(BILLIONS OF KILOWATT HOURS)FREIGHT- CARLOADINGS

(THOUSANOS OF CARS)

5.0

4.5

4.0

3.5

3.0

2.5

CRUDE OIL RUNS-TO-ST ILLS(MILLIONS OF BARRELS- DAILY AVERAGE)

2500

2000

1500

1000

500

0

BITUMINOUS COAL PRODUCTION(DAILY AVERAGE-THOUSANDS OF TONS)

,942

N

1941

If

! ' f f * 1

MISCELLANEOUS CARLOADINGS(THOUSANDS OF CARS)

COMMERCIAL LOANS(BILLIONS OF DOLLARS)

F.H.A. HOME MORTGAGES(NUMBER SELECTED FOR APPRAISAL ON HOMES TO BE BUILT)

WEEKLY WHOLESALE PRICES(1926*100)

50

45

40

35

30

25

201939

454697—'2

COTTON CONSUMPTION< DAILY AVERAGE - THOUSANDS OF BALES)

MONTHLY DATA

, , 1 , . 1 . , 1 , , , , 1 . , 1 , , 1 , ,

/ •

. 1 , . 1 , . 1 . 1 1 1 1 . 1 1 . .1940 1941

200

180

160

140

120

100

80

INDUSTRIAL PRODUCTION(SEASONALLY ADJUSTED, 1935-39" IQO)

MONTHLY DATA .

, I , , J - ,1940 1941

Mill

194?

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

2 WEEKLY BUSINESS INDICATORS*[Weekly average, 1936-39=100. except as indicated; data beginning January 1939 for most of the series on a 1935-39 base and 1939 and 1940 data for the New York Times index

of business activity, also data beginning September 1939 for the price index of 28 basic commodities, are shown in table 32, pp. 24-26, of the November 1941 SURVEY]

Business activity: 1New York Times §Barron's, 1923-25=100Business Week$, 1923-25=100..

Commodity prices, wholesale:Dept. of Labor:

Combined index, 1926=100...' Farm products,.

Food-.All other...

28 basic commodities©Fisher's index, 1926=100:

Combined indexCopper, electrolytic! _._LCotton, average, 10 markets!...

Construction contracts?Distribution:

Carloadings ._.Department-store sales

1943Apr. Apr. Apr. Mar. Mar.

18 11 4 28 21

132.5 136.0 133.8 133.8 118.6 120.6146.179.7

98.1

97.095.6

120

146.0 144.1 143.0 130.7. . __. . . . 131.180.0 178.6 177.1 144.8 144.6 105.2 104.8

97.9

97.295.6

105.6 105.4 104.8103.8103.8112.186.1

160

97.2104.6 104.2 103.4 103.1

95.595.3

97.4

95.995.3

147

166.9 167.3 167.2 166.4 165.8 137.9 136.8 117.4 115.0

9 112.9 112.9 112.9 112.9 112.9 113.9 108.1187.4 186.8 182.9 178.1 102.2 101.6

414.7 244.1

124.9 127.1 123.4 122.2 108.7 104.3140

1941 1940

Apr. Apr. Apr. Apr,19 12 20 13

83.075.077.886.0

1.7!.9!.2

187.9

18.7117

82.974.977.585.9

89.2

136

99.699.5

78.569.671.982.6

84.8

97.8145.4 106.4 125.1

98.3100.0

78.0

70.882.7

84.5106.297.6

94.997

Employment, Detroit, factory,1923-25=100 _ „ .

Finance:Bond yields!.. _Stock prices?.Banking:

Debits, outside N . Y. C.!___Federal Reserve reporting

member banks:Loans, total

Currency in circulation!Failures, commercial, 1939=100.

Production:Bituminous coalt _Electric powerPetroleum!Steel©.. .

1943Apr . Apr. Apr. Mar. Mar.

18 11 4 28 21

82.562.5

145.4 130.2 160.3 150.1 166.3 128.7 114.5 110.3

82.564.5

183.4 183.179.2 76.0

82.763.5

132.3 132.8 133.0133.1

85.9

155.9 157.2111.9 108.0 120.7116.6

185.0 187. 6 188.0 188.4 186.3

111.0

83.063.8

94.7

144.3 155.4 143.0 140.5157.1

83.564.0

6 115.2 114.183.0181.0 181.0 141.8141.

133..81.68.2

157.6

1941pr.Apr.

84.278.6

94.3

17.9

108.9

84.0

84.8

13.9

1940Apr. Apr.

20 13

108.3

87.480.3 100.2 101.4

93.3

87.7

.0 100.78 118.8 118.69 101.

136.0 136.4 118.7 118.8118.5 113.8 121.9 121.7L77. 7 179. 5 106.5 107.2

92.6 121.6

93.6

•Data do not cover calendar weeks in all cases. ^Seasonally adjusted. JDaily average. ®Index for week ended Apr. 25 is 185.7.§For New York Times index, computed normal = 100; this index has been revised back to January 1941; 1941 and 1942 data are shown on the revised basis beginning with

the Jan. 15,1942, and Feb. 26,1942, issues, respectively. The Business Week index has also been revised for 1941 and 1942; 1941 data are correct as published only beginningwith the issue of Feb. 5,1942; 1942 revisions were first shown in the issue of Mar. 19.

©Thursday prices; August 1939=100.

WEEKLY BUSINESS STATISTICS •

1943

Apr. 18 Apr. 11 Apr. 4 Mar. 28 Mar. 21

1941

Apr. 19 Apr. 12

1940

Apr, 20 Apr. 13

1939

Apr. 22 Apr. 15

COMMODITY PEICES, WHOLESALECopper, electrolytic, New York! dol. perlb..Cotton, middling, ijfo" average, 10 markets! !_._ doFood index (Dun and Bradstreet) doFinished steel, composite* dol. per ton..Wheat, No. 2, Hard Winter (Kansas City)._dol. per bu..

FINANCEBanking:

Debits, New York City. mil. of dol..Debits, outside New York City (140 cities) do. . . .Federal Reserve banks:

Federal Reserve bank credit, total. -do—_.U. S. Government securities.. do

Member bank reserve balances doExcess reserves, estimated do

Federal Reserve reporting member banks:Deposits, demand, adjusted.. _ doDeposits, time do.._.Investments, total- __ d o . . -

U. S. Government direct obligations...____.do.._.Obligations guaranteed by U. S. Govt d o —

Loans, total _ doCommerc'l, Indust'l, and agricult'l loans do . . .

Interest rates, call loans!- - percent.Interest rates, time loans! do—.

Currency in circulation !._ mil. of dol.E xchange rates: Pound sterling ! dollars.Failures, commercial ~ number-Security markets:

Bond sales (N. Y. S. E.) thous. of dol. par value.Bond yields (Moody's)t percent-Stock sales <2V. Y. S. E.) thous. ofshares-Stock prices (2V. Y. Times)t- dol. per share..Stock prices (Stand, and Poor's) (402)l__1935-39=100_.

Industrials (354) _ do -Public utilities (28) do ..Railroads (20) „ do -.

PRODUCTION, CONSTRUCTION, ANDDISTRIBUTION

Production:Bituminous coalj thous. of short tons..Electric powerA mil. of kw hrPetroleum! . . . . thous. of bbl..Steel©.. pet. of capacity..

Construction contract awards! thous. of doL.Distribution:

Freight carloadings, total _ carsCoal _ _ . . .do .Coke _ doForest products do^_.Grains and grain products doLivestock. _ doMerchandise, 1. c. 1 doOre • do . . . .Miscellaneous _ do

Receipts:Cattle and calvest - thousands.-Hogsf .do . . . ."Wheat at primary markets thous. of bu_.

0.118.2033.65

56.731.14

3,8076,091

2,4152,25912,502

24,7255,11820,27013,7642,68211,3326,9481.001.25

11,637« 4.035

224

37,2273.342,00867.6263.264.657.060.2

97.2

3,027

0.118.2043.6356.731.16

3,1435,4552,3842,24312,7153,169

24,7995,11719,502

• 13,0802,69611,3816,9751.00

. 1.2511,616« 4.035

215

47,9013.341,72469.8465.366.958.363.0

1,8753,3213,54398.6

814.233160,64613,76846,86733,86111,117132,36751,007364,600

205272

3,083

0.118.203

56.731.18

3,9996,713

2,24412,496

24,1975,12019,10012,7052,68411,3947,0031.001.25

11,610• 4.035

243

1,33S68.7464.465.957.761.7

2,0193,3493,418

828.890147,8lfi13,84548,41535,33011,986139, 79855,044376,656

212279

2,050

0.118.1993.5756.731.19

3,6506,290

2,3262,24412,5272,847

24,5745,12519,37912,9422,70211,4027,0081.001.25

11,485« 4.034

268

75,6403.36

1,70769.1165.266.758.663.1

1,8583,3463,82099.0

38,990

804,746156,04813,84645.92133, 71410,797143,55030,154370,716

203280

3,714

0.118.1943.5756.731.21

4,2896,967

2,3512,24912,9393,161

25,0105,12919,58513,0582,70111,4467,0351.001.25

11,482* 4.035

193

61,0303.381,86469.2365.766.959.764.7

1,8253,3573,69297.9

22,955

796,640152,90714,07447,46935,60810,445145,07815,963375,096

199279

4,214

0.118.1112.7756.73

3,3985,387

2,2862,18413,9796,264

23,5775,45017,29210,7392,7559,8715,5301.001.25

8,997• 4.014

267

34,6103.412,46685.1077.777.183.370.6

2332,8973,75398.3

17,671

708,65133,4049,15240,89433,51211,502

161,00974,345344,833

191309

4,130

0.119.1112.7556.73

4,794

2,2352,18413,6566,027

23,4305,45717,29210,7262,7519,8465,4941.001.258,996

«4.029240

37,0903.402,32686.9178.778.084.971.1

1802,9063,60499.3

13,669

679,80831,5929,415

33,69610,788

161,66745,951

347,417

167263

3,653

0.113.1062.30

55.501.08

3,6404,621

2,514. 2r467

12,7576,048

19,6555,312

14,9369,0022,4008,6534,430

1.001.25

7,538•3.510

33,2103.556,750108.4297.497.9102.375.9

1,2162,5293,85960.9

10,004

113.9577,525

. 32,09634,16311,304148,15015,178

178253

0.111.1062.3055.301.04

3,1223,903

2,5002,46712,5755,949

19,4655,360

H??5

2,3798,6314,393

1.001.25

7,523• 3.515

344

42,3103.54

6,895109.78

98.599.2

103.077.7

1,2772,5303,854

61.311,762

619,105113,6427,32631,17431,19611,146148,30112,539

263,781

169320

5,512

0.103

2.2856.50

3,2704,091

2,5912,5649,743

16,6195,21313,6848,2732,0308,1243,8531.001.256,8714.680316

24,8803.85

2,46791.1684.584.692.262.9

4442,2653,52750.9

11,073

557,867

5,71028,45030,75213,309

152,03512,813

247,900

3,817

0.105

2.2856.50

2,7143,672

2,5842,5649,5283,879

16,3885,212

13,5718,2132,0388,1203,8521.001.25

6,8564.680

313

35,4403.886,55389.7883.783.890.9

2,2353,49552.1

12,659

547,17954,4615,83928,008

12,483154,13911,259

250,062

4,022

IDaily average. * Data do not cover calendar weeks in all cases. • Free rate.^Revised series. See table 32, pp. 24-26 of the November 1941 SURVEY for stock prices beginning January 1939 and cotton prices beginning August 1939.•New series. This series replaces the iron and steel composite price, which has been discontinued by the compiling source.©Rate for week ended Apr. 25 is 97.6; data for 1942 are based on estimated capacity as of Dec. 31,1941, of 88,570,000 tons of steel ingots and steel for castings.t Comparable data are not available prior to 1940 because of a change in the markets included in the data beginning with that year.A1W1 data are shown on a revised basis beginning with the Jan. 15,1942, issue; 1941 and earlier revisons not published are available on request.


MONTHLY BUSINESS STATISTICS

Earlier data are amiable in monthly issues ofthe SutTey and the 1940 Supplement

1943

March

1941

March

1942

Janu-ary

Febru-ary

Earlier data are available in monthly issues ofthe Surrey and the 1940 Supplement

March

1942 1941

March

1943

Janu- Febru-ary ary

COMMODITY PRICESWholesale prices (Dept. of Labor indexes):

Combined index (889 quotations).—1926=100-. Economic classes:

Manufactured products __ .doEaw materials _._ doSemimanufactured articles do

Farm products doGrains--- doLivestock and poultry do

Commodities other than farm products*doFoods..- _— do

Dairy products doFruits and vegetables doMeats do.. .

Commodities other than farm products andfoods — 1926=100-

Building materials doBrick and tile— _ _..doCement do-Lumber . do-

Chemicals and allied products doChemicals doDrugs and Pharmaceuticals _ _doFertilizer materials _do

Fuel and lighting materials .doGas., . doPetroleum products do

Hides and leather products. do~ Hides and skins.. — .-„do. ._.

Leather do.Shoes _._ do

House-furnishing goods ..doFurnishings _ .doFurniture __ do.~

Metals and metal products doIron and steel—-•_„ _ doMetals, nonferrous doPlumbing and heating equipment—do

Textile products _ doClothing _. doCotton goods-- doHosiery and underwear doRayon* _ .doWoolen and worsted goods do

Miscellaneous doAutomobile tires and tubes doPaper and pulp do-

Wholesale prices of individual commodities:Brick, com., comp. (f. o. b. pi.)-dol. per thous—Coal: '-" ."

Anthracite, chest, comp..dol. per short ton_-Bituminous, mine run, comp - doBituminous, prepared sizes, comp do

Coffee, Santos, No. 4 (N. Y.)* dol. per l b -Cotton, middling (N. Y.) . .do.—Cotton cloth:

Mill margins. cents per lb_.Print cloth, 64 x 60 ..dol. per yd.-Sheeting, unbleached, 4x4 do

Cotton yarn:22/1 cones (factory).- dol. perlb. .40/s, southern, Boston.. _-do

Cottonseed oil, refined (N. Y.) do'-.~Dairy products:

Butter, 92-score (N. Y.)___. doCheese, No. 1 Amer. (N. Y.) do. .- .Milk:

Condensed (sweetM) (N. Y.) dol. per case-.Evaporated (unsweetened) (N. Y.)..doFluid, dealers',- stand. gr__.dol. per 100 lb. .

Flaxseed, No. 1 (Mpls.).._ ..dol. per bu..Grain and grain products:

Corn:No.'3 yellow (Chicago) doNo. 3 white (Chicago) _ doWeighted avg., 5 mkts., all grades...do

Wheat:No; 1, Dark Nr. Spring (Mpls.) .do. . . .No'. 2, Red Winter (St. Louis) do.—No. 2, Hard Winter (K. O.) - do—.Weighted avg.f 6 mkts., all grades...do

Wheat flour:Standard patents (Mpls.) dol. per bbl-.Winter straights (K. O.)~— do.—

Hides:Packers', heavy, native steers...dol. per lb. .Calfskins, packers, 8 to 15 lb do

Iron and steel:Pig iron:

Basic (valley furnace)--dol. per long ton..Composite _ do.-i.Foundry No. 2, northern (Pitts.) d o —

Steel:Composite, finished steel. dol. perlb-.Steel billets, reroUing (Pittsburgh)

dol. per long ton-.Structural steel (Pittsburgh)...dol. perlb.Steel scrap (Chicago) dol. per long ton..

Lard, in tierces:Prime, contract (N. Y.) dol. perlb..Refined (Chicago). do. . . .

Leather: • , •Sole, oak, bends (Boston)* -dol. perlb.-

Chrome, calf, B, comp dol. per sq. ft..

•Datanot available.' Bevised.

97.6

97.898.292.3

102.893.8

113.896.296.194.387.7

109.2

95.2110.597.193.6

133.197.196.4

126.579.577.7(a)58.3

116.7116.6101.5124.3102.6107.797.4

103.897.185.698.296.6

106.6112.669.830.3

108.789.771.0

102.9

13.215

10.2804.7534.897.134.202

20.25.088.105

.419

.506

.140

.35

.24

5.903.852.752.60

.82

.97

1.241.301.211.19

C.175.63

.155

.218

23.5024.1725.89

.0265

34.00.021018.75

.125

.138

.453

.531

81.5

84.275.383.471.667.882.583.675.280.360.783.7

84.999.591.590.8

116.779.885.997.270.472.077.049.9

102.699.194.8

107.489.595.8g2.997.795.784.382.878.487.781.160.429.593.277.658.493.5

12,381

9.8054.3674.615.090.108

18.17.066.078

• .288.388.071

.32

.17

5.003.202.261.80

.70

.62

' ,90.89.85.89

4.853.71

.129

.225

23.5024.0025.89

.0265

34.00.021019.88

.070

.081

.400

.486

96.0

96.496.191.7

100.895.9

105.794.893.796.078.3

101.6

94.6109.396.993.4

131.696.095.3

126.378.678.276.459.5

114.9-115.3

101.4121.1102.4107.297.4

103.597.085.493.693.6

101.1110.569.030.3

103.089.371.0

102.8

13.100

10.2884.7324.926.134.196

20.32.086.103

.414

.500

.137

.35

.26

5.903.852.732.23

.82

.90... ,78

1.281.341.261.20

6.485.86

.155

.218

23.5024.1525.89

.0265

34.00.021018.75

.112

.130

.448

.531

96.7

97.097.092.0

101.395.3

109.395.594.695.085.2

104.0

110.197.093.4

132.797.096.3

126.579.378.077.068.9

115.3115.5101.4121.8102.5107.497.4

103.697.0$5.697.995.2

105.3111.469.630.3

104.389.371.0

102.9

13.165

10.2884.7374.924.134.198

20.32.087.104

.413

.504

.139

.35

.25

5.903.852.742.33

.82

.96

.78

1.251.311.231.21

6.335.74

.155

.218

23.5024.1525.89

.0265

34.00.021018.75

.121

.136

,448.531

COMMODITY PRICES—Continued

Wholesale prices of individual commodities—Con.Linseed oil, N. Y c .do l . per lb. .Livestock:

Beef steers (Chicago) dol. per 1001b-Steers, corn fed doCalves, vealers doHogs, heavy (Chicago) doSheep, ewes (Chicago) ----- doSheep, lambs__ do

Lumber:Douglas fir:

Dimension, No. 1, com.*.dol. per M bd. ft..Flooring, "B"and better* do-

SoutheriJ*pine:Flooring, 1x4, " B " and better* doBoards, No. 2, common*.._ do

Ponderosa pine, 1x8 No. 3, common*_.doMeats:

Beef, fresh,native steers (Chi.).-dol. perlb..Hams, smoked (Chicago) do

Nitrate of soda, 95 pet. (N. Y.).-dol. per cwt..Nonferrous metals and products:

Aluminum scrap, castings (N. Y.).dol. perlb..Copper, electrolytic (N. Y.)_ d o —Lead, refined, pig, desilverized (N. Y.) .do—Tin, Straits (N. Y.)..__. __-do.___Zinc, prime western (St^Louis) do-. . .Brass sheets, mill. .T._.. .:: IZ. . .—... .do.".

Oleomargarine, stand., uncolored (Chi.).do....Petroleum and products:

Crude petroleum (Kans.-Okla.).dol. perbbl..Fuel oil (Pennsylvania)* -dol. pergal..Gasoline, tank wagon (N. Y.) doGasoline, refining (Okla.) _ ...doKerosene, water white, 47°, refinery doLubricants, cylinder, refinery (Penn.).do

Potatoes, white (N. Y.) dol. per 100 lb. .Rayon, viscose, 150 denier, first quality mini-

mum filament* dol. per lb._Rosin, gum "H" (Sav.), bulk..dol. per 100 lb..Silk, raw, Japanese, 13-15 (N. Y.)..dol. per lb..Sugar, raw, 96°, centrifugal (N. Y.)_ do. . . .Sugar, refined, granulated (N. Y.)._ do. . . .Turpentine, gum, spirits (Sav.)...dol. per gal..Veg. shortenings, tierces (Chi.) dol. per lb . .Wood pulp:

Sulphate, Kraft No. 1 dol. per 100 lb. .Sulphite, unbleached. _do_._.

Wool:Raw, territory, fine scoured dol. perlb..Raw, Ohio and Penn. fleeces.,. do.-...Suiting, unfinished worsted, 13 oz. (at mill)

dol. per yd..Worsted yarn, 2/32's (Boston) dol. per lb..

Purchasing power of the dollar:Wholesale prices- 1923-25=100..Retail food prices.. .do.. . .Prices received by farmers doCost of living _ do-...

0.133

12.5913.3613.8013.516.9111.00

32.34044.100

53.79830.77031.52

.200

.3151.503

.0875

.1178

.0650

.5200

.0825. 195.150

1.110.055.153.055.063.1602.525

.5503.063.080.037.053.733.165

3.6253.713

1.175.5150

2.5991.800

103.2106.6100.7

CONSTRUCTION AND REAL ESTATE

Contract awards:Value of contracts awarded (F. R. indexes):

Total, unadjusted 1923-25=100..Residential, unadjusted do....

Total, adjusted _ do....Residential, adjusted - d o . . .

Construction cost indexes (Amer. Appr. Co.):tAverage, 30 cities _ 1913-100.

Atlanta _,_.do™.New York . . . . do . . .San Francisco . . . . — do.. .St. Louis do.. .

DOMESTIC TRADE

Advertising:Newspaper advertising:

Linage, total (52 cities) thous. of lines.' Classified... *..:~:i do.. .

Display, total do-._Automotive do--_Financial do~.General.. — d o . _ .Retail _ do...

FINANCE

i ^ ^ m E o f d o l .Life insurance:

Association of Life Insurance Presidents:Insurance written:

Policies and certifs., total thousandsGroup -doIndustrial I " do™Ordinary _ - -do. ._

Value, total— - " thous. of dol.Group I -do...Industrial".""""". - d o - .Ordinary ' - do. . .

135110135105

237232247221236

106,90821,97584,932

l',16,26864,878

5,392

72455

456213

652,4599L826

140,735413,898

0.099

10.8112.4611.287.536.27

10.29

24.99035.280

49.32331.82827.42

.170

.2181.470

().1181.0577.5205.0725".195M25

.960

.044

.129

.045

.054

.0991.488

.5301.78

2.816.033.048.391.097

3.3753.463

1-.079.4550

2.0301.519

123.6128.5142.7117.8

94789474

212209231194216

.14,37724,71289,6655,9071,84117,22864,689

5,661

81643514259

646,19641,992148,978455,226

0.113

12.6013.1114.0911.376.3411.88

32.09544,100

54.33030.62030.73

.198

.2991.503

.0873

.1178

.0628

.5200

.0825T195.154

1.110.050.150.060.064.160

2.638

.5503.16

3.080.037.053.761.164

3.6253.713

1.135.4900

2.2281.800

104.9108.998.6

107.6

68118

229224240215230

89,34119,06470,2771,3202,20413,07653,677

5,433

77033404334

955,35349,076119,820786,457

0.119

12.3912.6613.5012.496.4811.25

32.34044.100

54.70S30.G5331.46

.196

.3031.503

.1178

.0650

.5200

.0825.195.153

1.110.052.152-.060.063.1602.719

.5503.223.080.037.053.761.165

3.6253.713

1.161.5150

2.3201.800

104.1108.3101.4106.8

'111'89M 2 8'100

231225241215230

87,94418,19269,7521,5601,33914,66252,191

5,401

67732

41S227

650,64950,231

126,492473,926

*New series. See note on corresponding item in the March 1942 SURVEY.tRevised series. See note on corresponding item in the March 1942 SUBVIT. t


MONTHLY BUSINESS STATISTICS—Continued

Earlier data are available in monthly issues ofthe Surrey and the 1940 Supplement

1942

March

1941

March

1943

January Febru-ary

Earlier data are available in monthly issues ofthe Survey and the 1940 Supplement

1942

Febru-ary

1941

Febru- Decem-ary ber

1942

Janu-ary

FINANCE-Contlnued

Life insurance—Continued:Life insurance Sales Research Bureau:

Insurance, written, ordinary, totalthous. of dol_,

New England doMiddle Atlantic do...,East North Central do.._.West North Central .do___.South Atlantic -do,...East South Central.__ ..doWest South Central.. .do. . . .Mountain _ doPacific.-. __-.do.__.

Capital notations:Securities issued, total do.. . .

New capital, total doDomestic, total . do

Corporate, total . -doFarm loan and other Gov. agen.doMunicipal, State, e t c . . . . do

Refunding, total do__.Domestic, total do

Corporate, total doFarm loan and other Gov. agenldoMunicipal, State, etc.. . . do, . . .

Corporate securities issued by type of bor-. rower, total .tbous. ofdoL.New capital, total— -.do' Industrial. _ do

Public utilities.. do.. . .Railroads do

Refunding, total. _ doIndustrial doPublic utilities.. do.. . .Railroads do

FOODSTUFFS AND TOBACCO

Fermented malt liquors:Production thous. of bbl__Tax-paid withdrawals _ do... .Stocks ___do___

Distilled spirits:Production _ _thous. of tax gal.,Tax-paid withdrawals : doStocks _ do.. . .

Whisky:Production doTax-paid withdrawals doStocks _ __do___.

Rectified spirits and wines, production,total 1 thous. of proof gal..

Whisky do.Tropical products:

Coffee, visible supply, V. S—thous. of bags..Tobacco, manufactured products:

Consumption (tax-paid withdrawals):Small cigarettes _ ..millions..Large cigars thousands..Mfd. tobacco and snuff _ ..thous. of lb_.

METALSNonferrous metals, copper:

Production:Mine or smelter (including custom in-

take) short tons:.Refinery _ do

Deliveries, refined, total doStocks, refined, end of month do

PAPEE AND PRINTINGNewsprint:

Canada:Production _ short tons..

' Shipments from mills. . . . doStocks, at mills, end of month do___

United States:Consumption by publishers doProduction.. doShipments from mills doStocks* end of month:

At mills. do . . . .At publishers doIn transit to publishers do.

STONE, CLAY, AND GLASSPRODUCTS

Portland cement:Production thous. of bbl__Shipments .doStocks, finished, end of month- _ doStocks, clinker, end of month do

Plate glass, polished, productionthoua. ofsq.ft—

Window glass, production thous. of boxes..Percent of capacity _

552,04442,030138,708126,33053,18252,17324,96046,53414,53353,594

191,148103,551103,55173,0858,86021,60687,59787,597

21,31527,073

112,29473,08540,81824,0725,66039,2096,00032,236

0

5,1544,5778,491

» 10, 57111,312542,884

10,0207,501

520,765

6,4815,627

850

17,016489,727

27,920

92,20289,552

111, 06279,537

295,835308,166144,626

251,04280,92382,176

11,161368,52047,376

12,73312,56325,8386,532

5,5651,58397.5

TEXTILE PRODUCTSCotton:

Consumption _ bales..Spindle activity:

Active spindles__ thousands,^Active spindle hrs., total mil. of hrs_.

Average per spindle in place hours..Operations . . . .pet . of capacity..

'BevJsed. * N e w series.

598,21746,533160,635138,61254,63459,03025,15647,98614,51751,114

406,136182,750182,750

966,631

23,09611,374

' 473134.3

9,440•"86,676223,386219,386115,288' 11,125'92,973

201,92286,63426,61239,6613,120

115,28841,50067,6023,000

• 4,4663,8148,262

15,5148,450

541,931

12,6436,619

495,735

4,2113,380

1,709

15,529430,32628,253

85,70195,322134,33989,873

275,769265,724186,182

258,51887,37685,503

18,790252,85644,312

10,5969,915

25,9886,276

18,2661,41787.3

854,767

22,8069,593

39311&9

1,001,65383,056

309,292220,73987,33291.27238.27367.60221,694

181,760181,76087,18611,17583,399151,478151,47882,84633,77534,857

170,03287,18646,15028,1019,89082,846

49982,120

0

4,4323,9707,672

18,5359,233

574,937

13,0886,519

516,456

6,0064,627

1,471

19,503458,27727,938

••88,25490,017130,46781,371

311,904.291,998143,477

231,96184,62880,787

11,427366,23646,362

12,370»,12023,1865,021

9,1431,639100.9

945,909

23,07711,364

471136.9

634,53851,310175,355141,93960,21860,75424,74244,57715,345

178,528122,021122,02155,209

29,92266,50856,50818,901

11,027

74,10955,20924,06725,9703,75018,90112,6266,275

0

4,4383,7638,148

12,9039,413

577,140

11,4866,417

519,790

6,2494,881

1,102

16,628441,80524,426

'80,14881,724107,61677,329

278,101264,621156,957

216,10976,23475,247

12,414370,10155,336

10,787'8,29625,668'5,840

5,6001,45789.7

893,745

23,07810,457

435135.9

EMPLOYMENT AND WAGES

Labor conditions:Avg. weekly hours per worker in factories:

U. S. Dept. of Labor (90 industries) .hours.Wages:

Factory average weekly earnings:U. S. Dept. of Labor (90 industries) •

dollars.Durable goods do . . .Nondurable goods _ . . do . . .

Factory average hourly earnings:U. S. Dept. of Labor (90industries).do,...

Durable goods ...do—_,Iron and steel, etc., not Inch mchy.

do... .Blastfurnaces, steelworks, etc.do....Hardware d o —Struct'l and ornam'l metal work

dollars-Tin cans and other tinware.__do—

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

Machinery, excl. transp. equip..do.-..Agric'l Implements (incl. trac's)

dollars.,Electrical machinery, etc do.. . .Engines, turbines, etc... do . . . .Foundry and machine-shop prod

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

Metals, nonferrous, and prod . .do . . .Brass, bronze, and copper prod., do—

Stone, clay, and glass products._do~.Brick, tile, and terra cotta do—Glass do—

Transportation equipment do~_Aircraft*.. do—Automobiles do.._Shipbuilding* . . do . . .

Nondurable goods do--.Chem., petroleum, and coalprod.do—.

Chemicals do. . .Paints and varnishes do . . .Petroleum refining _ do. . .Rayon and allied products do—

Food and kindred products do—Baking do—Slaughtering and meat packing do. - -

Leather and its manufactures. __ do—Boots and shoes do—

Rubber tires and inner tubes..do...Textiles and their products do—

Fabrics do.._Wearing apparel._______ do—

Tobacco manufactures:... _do—FUELS AND BYPRODUCTS

Petroleum and products:Crude petroleum: '

Consumption (runs to stills).thous. of bbl.1 Production : _ do—• Refinery operations pet. of capacity.

Stocks, end of month:California:

Heavy crude and fuel thous. of bbl.Llght crude.. do . . .

East of California, total- ...__do—Refineries... _. _ do—Tank farms and pipe lines do—

Refined petroleum products:- •* Gasahdfueloils:

' Production: •• Residual fuel oil _-_ do___

Gas oil and distillate fuels, totah.do—Stocks: •

Residual fuel oil —-i do—Gas oil and distillate fuels, totaL.do—

Motor fuel:Production, total do. . .

Benzol. . 1 . - . . - do—Straight-run gasoline do—Cracked gasoline -_ . . . . . .~ .do—Natural gasoline ' d o , -Natural gasoline, blended. do-~

Stocks, gasoline, end of month:Finished gasoline, total. _ i _ — d o —

: At refineries. _—.1 do—' Natural gasoline _ . .do—Kerosene: 1 .' Production _ •„:_____.do—. Stocks, refinery, end of month do—Lubricants: ;

Production _ __.: do . . .Stocks, refineryt end of month do—

TEXTILE PRODUCTSFinished cotton cloth; production:

Bleached, plain _ thous. of yd._Dyed, colors - -•— 1 doDyed, black. - . . — — _•-___--——do.—.Printed do

35.7641.6027.31

.803

.747

.709

.613

.655

.586

.906

.947

.9031.101

.879

.928

.748

.872

.956

.759

.674

.8341.059.948

1.1581.086.700.881.950.830

1.104.812.712.696.786.658

' .628.854.765.882

1.076.592.574.629.544

105,776113,961

•81-

23,22739,184

213,39543,387

170,008

27,25415.194

18,56933,711

51,612189

19,22626,0066,7684,456

100,18672,9905,209

6,1336,193

3,1748,429

176,227126,465

6,66883,791

40.0

28.5632.9023.23

.692

.762

.791: .866.689

.750

.638

.534

.560

.517

.772

.818

.776

.857

.762

.801

.640

.740

.811

.685

.589

.774

.918

.784

.975

.900

.621

.770

.826

.746,970.702.651.644.685.564.540.803.661.792-.981.514.492.561.495

100,445100,791

220,04642,260

.177,786

25,94414,732

21,15425,542

48,374280

20,11223,4174,5653,510

88,60961,7565,311

5,8887,634

2,5228,790

159,429120,1085,528

107,358

41.2

' 33.70' 38.62'26.91

.787

.871

.983'.742

.857

.703

.602

.642

.572

.879

.924- '.878r 1.056

.858

.908'.726'.848.918.753.666.837

1.035.916

1.1071.060.695.881.941.822

1.106.797,703.695.782.649

• .618.855.747.875

1.058' .583

.571

.609

124,985128,293

63,37835,596203,42343,154

160,269"

31,12717,142

24.855

63,573323

24,91332,2556,0824,622

86,41356,3254,275

6,682

3,5548,127

180,792126,6776,75091,674

41.5

r 35.15' 41.00'26.96

.801

.904

.986'.752

.875

.714

.607

.647

.579

- .935'.898

' 1.110

.874

.926'.739'.865'.949.751

1.069'.9571.1681.079.701.886.949.8241.107.800.718.697.791.649

'.616.852

'.759.886

' 1.086.589.574.620.549

119,032128,262

82

22,76837,767207,85945,085162,774

29,40516,902

23,12040,801

-60,035.. 20822,72530,324'7,4885,351

93.48964,9964,802

6,634: 6,087

3,4978,266

102,1229133,624

8,54782,267

Bee note on corresponding item in the March 1942 Surrey. i Data do not include high-proof spirits.


survey of current business weekly business supplement...shortages in transport and storage...

Documents