Business: Business, Feb. 2, 1942

Production Steady. TIME's Index rose to 168.2 (estimated) in the Jan. 24 week, 0.4 point above the preceding week's final figure. Carloadings recrossed the 800,000-car mark, are the biggest since early December. Steel output steadied; electric power production ebbed.

With only one week to go before stopping altogether, motormakers turned out 79,930 cars in the Jan. 24 week, 5% above the previous week.

Amid recurring oil-transport shortage scares, Oil Coordinator Ickes cut February production quotas to 4,101,800 bbl. daily, 36,600 bbl. below January.

Cement companies reported 1941 output of 164,000,000 bbl., highest since 1929 and 26% above 1940. Even this did not keep pace...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!